For sale

Price cut: $8K (5/20)

$559,000

227 NE 2nd St #2506, Miami, FL 33179

2beds

647sqft

$4,898/mo

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Condominium

Built in 2022

-- sqft lot

$539,000 Zestimate^®

$864/sqft

$1,079/mo HOA

What's special

Fully furnishedTwo-bedroom residence

Beautiful two-bedroom residence located in the heart of Downtown. Short-term rentals are permitted. The unit is fully furnished and currently operating as a long-term rental. Please contact us for rental details. The property is currently leased at $4,600 per month from September 2025 through September 2026, providing guaranteed income for the buyer.

188 days

41

3

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Heating

Central

Cooling

Central Air

Appliances

Included: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer

Features

Elevator
Flooring: Ceramic Tile
Doors: High Impact Doors
Windows: Hurricane Shutters

Interior area

Total structure area: 647
Total interior livable area: 647 sqft

Video & virtual tour

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Property

Parking

Parking features: Valet

Features

Patio & porch: Deck
Exterior features: Barbecue, Balcony
Pool features: Association
Has view: Yes
View description: Skyline

Details

Parcel number: 0142060701100

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

Concrete Block Construction

Condition

Year built: 2022

Community & HOA

Community

Security: Security Guard, Security Service, TV Camera
Application fee: $150
Pet fee: $0
Subdivision: Yotel

HOA

Has HOA: Yes
Amenities included: Bar, Business Center, Elevator(s), Fitness Center, Pool
HOA fee: $1,079 monthly

Location

Region: Miami

Financial & listing details

Price per square foot: $864/sqft
Tax assessed value: $443,716
Annual tax amount: $8,841
Date on market: 1/14/2026
Listing terms: All Cash,Conventional

Estimated market value

$539,000

$512,000 - $566,000

$2,962/mo

Price history

Date	Event	Price
5/20/2026	Price change	$559,000-1.4%$864/sqft
Source: MIAMI #A11945739 Report a problem
5/12/2026	Price change	$567,000-1.7%$876/sqft
Source: MIAMI #A11945739 Report a problem
1/16/2026	Listed for sale	$577,000-3.4%$892/sqft
Source: MIAMI #A11945739 Report a problem
11/14/2025	Listing removed	$597,000$923/sqft
Source: MIAMI #A11805908 Report a problem
5/27/2025	Listed for sale	$597,000$923/sqft
Source: MIAMI #A11805908 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$9,042 +2.3%	$443,716 +8.7%
2024	$8,841 +13.4%	$408,100 +10%
2023	$7,800 +745.1%	$371,000 +747.5%
2022	$923	$43,776

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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