227 NE 2nd St 3106, Miami, FL 33132 — MLS photo

Get More Info About This Property

227 NE 2nd St 3106, Miami, FL 33132

Active · Condominium

$549,900

227 NE 2nd St 3106, Miami, FL 33132

Beds
2
Baths
2
Living area
647 sq ft
$ / sq ft
$850/sq ft
Year built
2022
Lot size
—
HOA fee
$1,004 Monthly
Annual tax
$8,835

About this property

Exceptional opportunity at YOTELPAD Miami, a modern Downtown Miami residence offering the flexibility of short-term rentals and hotel-style living. This high-floor 2-bedroom, 2-bath unit features a bright, contemporary layout with expansive city views and an ideal setup for a primary residence, second home, or income-producing property. YOTELPAD offers resort-style amenities including a pool, fitness center, dining and entertainment options, all in the heart of Downtown Miami. Conveniently located near Bayfront Park, Bayside Marketplace, Kaseya Center, Brickell, the Port of Miami, Miami Beach and the Metromover. Enjoy the ability to take advantage of Miami’s strong short-term and seasonal rental market while owning in one of Downtown’s most distinctive hospitality-driven residential buildings.

Interior & exterior features

Appliances

  • Dryer
  • Dishwasher
  • Electric Range
  • Microwave
  • Refrigerator
  • Washer

Cooling

  • Central Air

Heating

  • Central

Views

  • Skyline

Parking

  • Other
  • Valet

Interior features

  • Bedroom On Main Level
  • Elevator
  • Bar

Exterior features

  • Security High Impact Doors

Pool

  • Association

Flooring

  • Other
  • Tile

construction

  • CBSConcrete Block Structure
  • Block

security

  • Elevator Secured
  • Intercom
  • Key Card Entry
  • Lobby Secured

association_amenities

  • Business Center
  • Elevators
  • Fitness Center
  • Other
  • Pool
  • Storage

association_fee_includes

  • Cable Tv
  • Internet
  • Water

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

-$2,259

Cap rate
0.8%
Net yield
0.8%
Cash-on-cash return
-17.6%
Gross yield
5.8%
Mortgage payment
$2,607/mo
Down payment
$137,475
Loan amount
$412,425
Annual NOI
$4,180

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