$430,000
SOLD MAY 21, 2025

227 NE 2nd St Unit 1609 Miami, FL 33132

Downtown Miami Neighborhood
1 Bed
1 Bath
549 Sq Ft
$868/mo HOA Fee

Recently Sold

$783 Per Sq Ft

8% Below List Price

308 Days on Market

Highlights

  • Valet Parking
  • 2-minute walk to College/Bayside
  • Fitness Center
  • Community Cabanas
  • Bar or Lounge
  • New Construction

About This Home

As of May 2025

Urban Luxury 1 bed 1 bath fully furnished unit at Yotel Pad Miami. Nestled in the heart of downtown, this stylish unit offers a perfect blend of sophistication, comfort, and convenience. Unit features a fully equipped European kitchen and bath cabinetry with stone finishes, Stainless steel appliances, an Electrolux washer, and a dryer. Amenities feature an Elevated deck with pool, hot tub, and bar, State-of-the-art fitness center, Private meeting rooms with co-working space, Private residential lobby and more. Daily rentals are allowed with no rental restrictions. Owners have the option of renting the unit on their own or putting it in the hotel program for them to manage it.

Last Agent to Sell the Property

Ruedi Sieber

Sieber International, LLC License #3089691 Listed on: 07/16/2024

Last Buyer's Agent

Ammy Donado

Fortune Christie's International Real Estate License #3321166

Fortune Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,959

Year Built

  • Built in 2022 | New Construction

HOA Fees

  • $868 Monthly HOA Fees

Home Design

  • Condo Hotel

Interior Spaces

  • 549 Sq Ft Home
  • Furnished
  • Blinds
  • Ceramic Tile Flooring
  • Bay Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-42-06-070-1520

Community Details

Overview

  • 453 Units
  • High-Rise Condominium
  • Yotel Pad Miami Condos
  • Yotel Pad Miami Subdivision
  • 31-Story Property

Amenities

  • Valet Parking
  • Bar or Lounge
  • Elevator
  • Secure Lobby
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Cabanas
  • Community Pool

Pet Policy

  • Breed Restrictions

Building Details

Security

  • High Impact Windows
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,959

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$868 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2022
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 16
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: YOTEL PAD MIAMI
  • Year Built Details: Condo-Hotel
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Fire Sprinklers, Other
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Floor
  • Furnished: Furnished
  • Living Area: 549
  • Possible Use: Unknown/Withheld
  • Stories: 31
  • Window Features: Blinds, High Impact Windows
  • Bedroom Features: Entry Level, Primary Bath Shower

Exterior Features

  • View: Bay, Other View
  • Exterior Features: Other
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: YOTEL PAD MIAMI
  • Parking Features: Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Fire Alarm, Smoke Detector, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 868
  • Amenities: Bar, Cabana, Elevator(s), Exercise Room, Storage, Other, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-42-06-070-1520
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 868
  • Number Of Units In Community: 453

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6959

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2024
Closed on
May 21, 2025
Sold by
Kiper Investments Llc
Bought by
Dcc Forster International Llc
Seller's Agent
Ruedi Sieber
Sieber International, LLC
Buyer's Agent
Ammy Donado
Fortune Christie's International Real Estate
List Price
$469,000
Sold Price
$430,000
Premium/Discount to List
-$39,000
-8.32%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.26%

Purchase Details

Closed on
Dec 1, 2022
Sold by
Ne 2Nd Acquisition Llc
Bought by
Kiper Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,500
Interest Rate
6.49%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $430,000 Vogue Title
Warranty Deed $430,000 Vogue Title
Special Warranty Deed $391,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $195,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2025 05/21/25 Sold $430,000 -2.3% $783 / Sq Ft
01/23/2025 01/23/25 Price Changed $440,000 -6.2% $801 / Sq Ft
07/16/2024 07/16/24 For Sale $469,000 -- $854 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,888 $395,876 -- --
2024 $6,959 $364,100 -- --
2023 $6,959 $331,000 $0 $0
2022 $783 $37,146 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11624872

MIAMI REALTORS® MLS

APN: 01-4206-070-1520