Sold for $580,000

$580,000

227 NE 2nd St Unit 1706, Miami, FL 33179

2beds

647sqft

Condominium

Built in 2022

-- sqft lot

$479,100 Zestimate^®

$896/sqft

$2,962 Estimated rent

Home value

$479,100

$446,000 - $517,000

$2,962/mo

Zestimate^® history

Owner options

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$2,962/mo

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$2,962/mo

Rent Zestimate^®

Refinance and save

$4,859/mo

Est. payment

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$4,859/mo

Est. payment

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What's special

Modern decorStunning city views

Presenting a unique opportunity to own a fully furnished 2-bedroom corner unit in the coveted 06 line at YotelPad in Downtown Miami. This property is not only a luxurious home but also a profitable investment, ideal for generating substantial cash flow with the convenience of daily rentals. It comes with the added benefit of turnkey management, currently operating it seamlessly, ensuring a hassle-free investment experience. Boasting modern decor, stunning city views, and access to exceptional amenities, this unit is situated in the heart of Miami, a hub for both tourists and locals. This is a rare opportunity for investors seeking a property that merges elegance, location, and high rental potential. Secure this investment and enjoy the rewards of Miami's dynamic short term rental market

Facts & features

Interior

Bedrooms & bathrooms

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

Heating

Central

Cooling

Central Air

Appliances

Included: Dishwasher, Ice Maker, Microwave, Refrigerator, Oven, Washer

Features

Built-in Features, Closet Cabinetry
Flooring: Tile
Doors: High Impact Doors
Windows: Clear Impact Glass, Blinds

Interior area

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

Property

Parking

Parking features: Detached Carport, Valet
Has carport: Yes

Features

Levels: One
Pool features: Association
Spa features: Community
Has view: Yes
View description: Bay, Skyline
Has water view: Yes
Water view: Bay

Details

Parcel number: 0142060701020

Construction

Type & style

Home type: Condo
Property subtype: Condominium
Attached to another structure: Yes

Materials

Concrete Block Construction

Condition

Year built: 2022

Community & HOA

Community

Security: Fire Sprinkler System, Smoke Detector, Doorman, Elevator Secure, Lobby Secured
Application fee: $100
Subdivision: Yotelpad Miami,Yotel Miami

HOA

Has HOA: Yes
Amenities included: Billiard Room, Cabana, Community Room, Elevator(s), Fitness Center, Pool, Other, Spa/Hot Tub
HOA fee: $889 monthly

Location

Region: Miami

Financial & listing details

Price per square foot: $896/sqft
Tax assessed value: $433,191
Annual tax amount: $923
Date on market: 11/10/2023
Listing terms: All Cash,Cash,Conventional
Ownership: Corporation

Price history

Date	Event	Price
3/4/2024	Sold	$580,000-3.2%$896/sqft
Source: MIAMI #A11484790 Report a problem
2/9/2024	Contingent	$599,000$926/sqft
Source: MIAMI #A11484790 Report a problem
11/10/2023	Listed for sale	$599,000$926/sqft
Source: MIAMI #A11484790 Report a problem