227 NE 2nd St 2508, Miami, FL 33132 — MLS photo

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227 NE 2nd St 2508, Miami, FL 33132

Active · Condominium

$399,000

227 NE 2nd St 2508, Miami, FL 33132

Beds
0
Baths
1
Living area
393 sq ft
$ / sq ft
$1,015/sq ft
Year built
2022
Lot size
—
HOA fee
$650
Annual tax
—

About this property

Welcome to Your Exquisite Downtown Miami Residence, Nestled in the New YOTEL Development. Whether You're Seeking a Prime Investment Opportunity for Short-Term Rentals or Dreaming of Your Own Stylish Retreat, This Apartment Offers the Perfect Blend of Convenience and Luxury. Revel in Breathtaking Views of the Waterfront and Cityscape from One of the Building's Finest Units, Bathed in Natural Light. Inside, You'll Find a Thoughtfully Designed Italian Kitchen, Equipped with Bosch Appliances, Alongside the Added Convenience of a Washer and Dryer. Situated in a Vibrant Neighborhood, You'll Be Steps Away from Miami Dade College, a Wealth of Dining Options, and Easy Access to the Metro Mover. Amenities Including a Pool, Gym, Pet Spa, and a Chic Owner's Lounge with a Cozy Coffee Bar.

Property location

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227 NE 2nd St 2508, Miami, FL 33132

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Facts & features

Interior

Bedrooms
0
Bathrooms
1
Living area
393 sq ft

Exterior & Structure

Property type
Condominium
Year built
2022

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$650
County
Miami-Dade
MLS listing ID
A11892202
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

-$1,781

Cap rate
0.3%
Net yield
0.3%
Cash-on-cash return
-19.1%
Gross yield
5.4%
Mortgage payment
$1,891/mo
Down payment
$99,750
Loan amount
$299,250
Annual NOI
$1,320

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.