Active · Condominium
$539,000
227 NE 2nd St 2506, Miami, FL 33132
- Beds
- 2
- Baths
- 2
- Living area
- 647 sq ft
- $ / sq ft
- $833/sq ft
- Year built
- 2022
- Lot size
- —
- HOA fee
- $1,079 Monthly
- Annual tax
- $8,841
About this property
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.
Interior & exterior features
Appliances
- Dryer
- Dishwasher
- Electric Range
- Microwave
- Refrigerator
- Washer
Cooling
- Central Air
Heating
- Central
Views
- City
Parking
- Valet
Interior features
- Bedroom On Main Level
- Elevator
- Bar
Exterior features
- Balcony
- Barbecue
- Deck
- Security High Impact Doors
- Storm Security Shutters
Pool
- Association
Flooring
- Ceramic Tile
construction
- Block
security
- Closed Circuit Cameras
- Security Guard
association_amenities
- Business Center
- Fitness Center
- Pool
- Elevators
association_fee_includes
- Cable Tv
- Internet
- Pools
- Security
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
-$2,303
- Cap rate
- 0.6%
- Net yield
- 0.6%
- Cash-on-cash return
- -18.3%
- Gross yield
- 5.9%
- Mortgage payment
- $2,555/mo
- Down payment
- $134,750
- Loan amount
- $404,250
- Annual NOI
- $3,026
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.