$600,000
SOLD APR 7, 2025

227 NE 2nd St Unit 1806 Miami, FL 33132

Downtown Miami Neighborhood
2 Beds
1.5 Baths
647 Sq Ft
$1,022/mo HOA Fee

Recently Sold

$927 Per Sq Ft

4% Below List Price

108 Days on Market

Highlights

  • Fitness Center
  • 2-minute walk to College/Bayside
  • Furnished
  • Private Guards
  • Skyline View
  • Heated Community Pool

About This Home

As of April 2025

This fully furnished 2-bedroom/1.5 bathroom unit offers stunning views and unmatched flexibility for personal use, long-term rentals, or short-term stays (Airbnb, VRBO, Expedia) with no rental restrictions. Managed by YourHome Hospitality LLC, it promises strong passive income with minimal effort. Move-in ready, the unit comes with premium amenities like a gym, pool, on-site dining, and 24/7 front desk service. Whether for personal use or investment, it’s the perfect opportunity. Matured airbnb, rents are back to back.

Last Agent to Sell the Property

riad fayad

Sigma Real Estate & Investment License #3269369 Listed on: 11/18/2024

Last Buyer's Agent

riad fayad

Sigma Real Estate & Investment License #3269369 Listed on: 11/18/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,658

Year Built

  • Built in 2022

HOA Fees

  • $1,022 Monthly HOA Fees

Home Design

  • Entry on the 18th floor

Interior Spaces

  • 647 Sq Ft Home
  • Furnished
  • Tile Flooring
  • Skyline Views
  • Dryer

Kitchen

  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Shower Only

Home Security

Parking

  • On-Street Parking
  • Open Parking

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-42-06-070-1030

Community Details

Overview

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

Amenities

  • Trash Chute
  • Billiard Room
  • Business Center
  • Lobby
  • Secure Lobby
  • Elevator

Recreation

  • Fitness Center
  • Heated Community Pool

Pet Policy

  • Breed Restrictions

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,658

Year Built

Built in 2022

Lot Details

0

HOA Fees

$1,022 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
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Disposal, Dryer, Microwave, Refrigerator
  • Interior Amenities: Lobby, First Floor Entry
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Furnished: Furnished
  • Living Area: 647
  • Other Equipment: Elevator
  • Possible Use: Investment
  • Stories: 31
  • Bedroom Features: Entry Level
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Skyline
  • Exterior Features: Open Balcony
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: YOTELPAD
  • Open Parking: Yes
  • Parking Features: Other, On Street

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector, Elevator Secure, Lobby Secured, Other, Private Guards

Condo/Co-op/Association

  • Association Fee: 1022
  • Amenities: Billiard Room, Business Center, Elevator(s), Exercise Room, Heated Pool, Pool, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-42-06-070-1030
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8658

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2024
Closed on
Apr 7, 2025
Sold by
Lexani Investments Llc
Bought by
Umbrella Estates Llc
Seller's Agent
riad fayad
Sigma Real Estate & Investment
Buyer's Agent
riad fayad
Sigma Real Estate & Investment
List Price
$625,000
Sold Price
$600,000
Premium/Discount to List
-$25,000
-4%
Views
7
Current Estimated Value
$597,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,339
Avg. Annual Appreciation
-0.33%
Original Mortgage
$200,000
Outstanding Balance
$184,806
Interest Rate
6.63%
Mortgage Type
Balloon
Estimated Equity
$414,324
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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 $600,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2025 04/07/25 Sold $600,000 -4.0% $927 / Sq Ft
03/06/2025 03/06/25 Pending -- -- --
11/18/2024 11/18/24 For Sale $625,000 -- $966 / 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 $8,658 $434,507 -- --
2024 $7,638 $399,630 -- --
2023 $7,638 $363,300 $0 $0
2022 $923 $43,776 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • riad fayad

    Seller's Agent in 2025

    riad fayad

    Sigma Real Estate & Investment

    (786) 419-5369

    2 in this area

    21 Total Sales

    riad fayad
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11695888

MIAMI REALTORS® MLS

APN: 01-4206-070-1030

Florida Miami/Dade County Miami 33132 Downtown Miami

227 NE 2nd St Unit 1806, Miami, FL

This home is located at 227 NE 2nd St Unit 1806, Miami, FL 33132 and is currently priced at $600,000, approximately $927 per square foot. This property was built in 2022. 227 NE 2nd St Unit 1806 is a home located in Miami-Dade County with nearby schools including Frederick R. Douglass Elementary, Jose De Diego Middle School, and Booker T. Washington Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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