NOT LISTED FOR SALE

227 NE 2nd St Unit 1902 Miami, FL 33132

Downtown Miami Neighborhood

Estimated Value: $397,000 - $432,885

1 Bed
1 Bath
599 Sq Ft
2022 Built

Sale Details

Date Sold: March 25, 2025

Last sale price $450,000 $751 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $3,854 / mo

159 Days on Market

Highlights

  • Doorman
  • 2-minute walk to College/Bayside
  • Fitness Center
  • Community Cabanas
  • Bar or Lounge
  • Bay View

About This Home

As of March 2025

Miami's Hidden Gem in Downtown Miami under $500k! Seller Motivated ! Unit comes turnkey ready ! This is a 1/1 w/the largest square footage at ( 599 sqft) and considered the best floorplan offered ! Building is super clean , well kept and great management onsite ! Owners have access to the 31st floor amenities for your enjoyment ( Hotel Guest not allowed) with your very own pet spa and lounge room to work , relax or have a little gathering ! Full Service Cafe Restaurant in the lobby and nice pool area with full service bar for your enjoyment ! Building is Rental friendly with NO RESTRICTIONS ! Can rent daily , weekly, monthly , yearly or use for yourself ! Great Location as well , walking distance to Bayfront park, Miami World Center , Miami College and next to the Metro! Comes w/ storage

Last Agent to Sell the Property

Justin Knops

The Agency Florida LLC License #3242652 Listed on: 08/23/2024

The Agency Florida LLC

Co-Listed By

Michael Greene

The Agency Florida LLC License #3487215

Last Buyer's Agent

Boris Gelfand

Gelfand Realty, Inc. License #3273270

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,127

Year Built

  • Built in 2022

HOA Fees

  • $946 Monthly HOA Fees

Property Views

  • Bay
  • Skyline

Home Design

  • Entry on the 19th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 599 Sq Ft Home
  • Furnished
  • Built-In Features
  • Blinds
  • Ceramic Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Energy-Efficient Appliances
  • Balcony
  • End Unit
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-42-06-070-0370

Community Details

Overview

  • Yotelpad Condos
  • Yotelpad Subdivision
  • 31-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Clubhouse
  • Billiard Room
  • Bar or Lounge

Recreation

  • Fitness Center
  • Community Cabanas
  • Community Pool
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • Secure Elevator
  • Clear Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,127

Year Built

Built in 2022

HOA Fees

$946 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2022
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Co List Office Mls Id: KMRC01
  • Co List Office Phone: 305-456-0418
  • Entry Level: 19
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: YotelPad
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Built-in Features, Walk-In Closet(s)
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Floor, Tile
  • Furnished: Furnished
  • Living Area: 599
  • Possible Use: Investment
  • Stories: 31
  • Window Features: Clear Impact Glass, Blinds
  • Bedroom Features: Other

Exterior Features

  • View: Bay, Skyline
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: YotelPad
  • Parking Features: Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Doorman, Elevator Secure, Card Entry

Condo/Co-op/Association

  • Association Fee: 946
  • Amenities: Bar, Billiard Room, Cabana, Clubhouse-Clubroom, Exercise Room, Pool, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-42-06-070-0370
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Appliances

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7127

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2024
Closed on
Mar 20, 2025
Sold by
Bought by
Seller's Agent
Justin Knops
The Agency Florida LLC
Buyer's Agent
Boris Gelfand
Gelfand Realty, Inc.
List Price
$499,000
Sold Price
$450,000
Premium/Discount to List
-$49,000
-9.82%
Views
9
Current Estimated Value
$413,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,279
Avg. Annual Appreciation
-6.21%
Original Mortgage
$170,000
Interest Rate
0.0676%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2024
Sold by
Bought by

Purchase Details

Closed on
Apr 22, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,200
Interest Rate
0.0416%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$450,000 Southeastern Title
$375,400 --
$392,000 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $170,000
Previous Owner $235,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/25/2025 03/25/25 Sold $450,000 -6.2% $751 / Sq Ft
01/29/2025 01/29/25 Pending -- -- --
10/16/2024 10/16/24 Price Changed $479,900 -1.0% $801 / Sq Ft
09/28/2024 09/28/24 Price Changed $484,900 -1.0% $810 / Sq Ft
09/08/2024 09/08/24 Price Changed $489,900 -1.8% $818 / Sq Ft
08/23/2024 08/23/24 For Sale $499,000 -- $833 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,079 $405,444
2024 $7,127 $372,900
2023 $7,127 $339,000 $0 $0
2022 $854 $40,529 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Justin Knops

    Seller's Agent in 2025

    Justin Knops

    The Agency Florida LLC

    (786) 253-5697

    4 in this area

    46 Total Sales

    Justin Knops
    Section Image
  • Michael Greene

    Seller Co-Listing Agent in 2025

    Michael Greene

    The Agency Florida LLC

    (786) 503-9779

    1 in this area

    3 Total Sales

    Michael Greene
    Section Image
  • Boris Gelfand

    Buyer's Agent in 2025

    Boris Gelfand

    Gelfand Realty, Inc.

    (646) 431-8072

    5 in this area

    70 Total Sales

    Boris Gelfand
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11647033

MIAMI REALTORS® MLS

APN: 01-4206-070-0370

Florida Miami/Dade County Miami 33132 Downtown Miami

227 NE 2nd St Unit 1902, Miami, FL

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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