Interior
- Bedrooms
- 0
- Bathrooms
- 1
- Living area
- 420 sq ft
Active · Condominium
$400,000
227 NE 2nd St 2613, Miami, FL 33132
- Beds
- 0
- Baths
- 1
- Living area
- 420 sq ft
- $ / sq ft
- $952/sq ft
- Year built
- 2022
- Lot size
- —
- HOA fee
- $663
- Annual tax
- —
About this property
Great for an investor, Short-Term rent allowed. A beautiful studio unit- TURNKEY studio in prime downtown Miami area. Apt is fully equipped with European kitchen and top of the line appliances, washer and dryer in unit. French door balcony, partial water view, FTX Arena. High-quality modular furniture, smart device keyless entry, rain shower, smart TV, book self-service, a space where functionality is catered for and where every inch is usable space. Excellent walkability, public transportation across the street, close to major sports, entertainment events, and restaurants. Just 15 minutes from Miami International Airport.
Property location
Get Directions227 NE 2nd St 2613, Miami, FL 33132
Loading property location…
Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 2022
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $663
- County
- Miami-Dade
- MLS listing ID
- A11695339
- Listing status
- Active
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$1,755
- Cap rate
- 0.4%
- Net yield
- 0.4%
- Cash-on-cash return
- -18.8%
- Gross yield
- 5.6%
- Mortgage payment
- $1,896/mo
- Down payment
- $100,000
- Loan amount
- $300,000
- Annual NOI
- $1,689
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.