$429,000
$31K PRICE DROP

227 NE 2nd St Unit 1805 Miami, FL 33132

Downtown Miami Neighborhood

Estimated payment $3,645/month

Total Views 1,001
1 Bed
1 Bath
516 Sq Ft
$831 Price per Sq Ft

Highlights

  • Bar or Lounge
  • 2-minute walk to College/Bayside
  • Community Pool
  • Fitness Center
  • Skyline View
  • High Impact Door

About This Home

Experience the best of both worlds with this fully furnished, spacious 1-bedroom, 1-bathroom unit offering breathtaking views. Ideal for personal use, long-term rentals, or short-term stays through platforms like Airbnb, VRBO, or Expedia, this property provides unmatched flexibility with no rental restrictions. Managed by YourHome Hospitality LLC, a leading vacation rental company, the unit delivers strong passive income with minimal involvement. What you see in the photos is exactly what you’ll get – it’s move-in ready! Enjoy premium amenities such as a state-of-the-art gym, pool, on-site bar and restaurants, 24/7 front desk service, and more. Whether for your own enjoyment or as a lucrative income-generating investment, this property is a perfect fit.

Listing Agent

riad fayad

Sigma Real Estate & Investment Brokerage Email: rfayad@riadfayad.com License #3269369 Listed on: 03/05/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,214

Year Built

  • Built in 2022

HOA Fees

  • $770 Monthly HOA Fees

Home Design

  • Entry on the 18th floor

Interior Spaces

  • 516 Sq Ft Home
  • Tile Flooring
  • Skyline Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Trash Compactor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • On-Street Parking
  • Open Parking

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-42-06-070-0860

Community Details

Overview

  • High-Rise Condominium
  • Yotelpad Condos
  • Map Of Miami Dade Co. Fl. Subdivision
  • 31-Story Property

Amenities

  • Trash Chute
  • Bar or Lounge
  • Lobby
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Secure Elevator
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,214

Year Built

Built in 2022

Lot Details

0

HOA Fees

$770 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2022
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 18
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: MAP OF MIAMI DADE CO. FL.
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Attribution Contact: rfayad@riadfayad.com
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Lobby, Elevator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Living Area: 516
  • Other Equipment: Elevator
  • Stories: 31
  • Bedroom Features: None

Exterior Features

  • View: Skyline
  • Construction Type: Concrete Block Construction
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: YOTELPAD
  • Open Parking: Yes
  • Parking Features: None, Other, On Street

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector, Elevator Secure, Fire Alarm, Other

Condo/Co-op/Association

  • Association Fee: 770
  • Amenities: Bar, Elevator(s), Exercise Room, Other, Pool, Spa/Hot Tub, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-42-06-070-0860

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7214

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $7,214 $362,029 -- --
2024 $6,364 $332,970 -- --
2023 $6,364 $302,700 $0 $0
2022 $736 $34,913 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2025 06/13/25 Price Changed $429,000 -4.5% $831 / Sq Ft
04/17/2025 04/17/25 Price Changed $449,000 -2.4% $870 / Sq Ft
03/05/2025 03/05/25 For Sale $460,000 -- $891 / Sq Ft
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11757781

MIAMI REALTORS® MLS

APN: 01-4206-070-0860