$375,000
SOLD MAR 17, 2025

227 NE 2nd St Unit 2008 Miami, FL 33132

Downtown Miami Neighborhood
-- Bed
1 Bath
393 Sq Ft
$647/mo HOA Fee

Recently Sold

$954 Per Sq Ft

4% Below List Price

91 Days on Market

Highlights

  • Doorman
  • 2-minute walk to College/Bayside
  • Furnished
  • Bar or Lounge
  • Fitness Center
  • Community Pool

About This Home

As of March 2025

Prime Investment Opportunity for Short-Term Rentals in Downtown Miami. You can generate cash flow with the convenience of daily rentals in YOTEL PAD, a pet friendly condo hotel. Fully Furnished, and Airbnb approved, this studio apartment can sleep 4, with a convertible murphy bed/sofa in the living room. The Italian designed kitchen has Bosch appliances and a full-size washer/dryer. The bathroom is beautifully designed with a large walk-in shower. Amenities include 2 bars/restaurants, a gym with peloton bikes, a pet spa, co-working spaces and more. Centrally located, you are 1 block from Bayfront Park & Biscayne Bay. This property is part of a 3 studio-unit sale. Buy 1 or all 3 at a discounted price. Inquire for more information. The other studios are 2208 (A11701810) & 2110 (A11701806)

Last Agent to Sell the Property

Alan Gabay

Serhant License #3139037 Listed on: 12/02/2024

Serhant

Co-Listed By

Matthew Van Wie

Serhant License #3464288

Last Buyer's Agent

Monica Hernandez

EAG Realty International Inc. License #3504881

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,684

Year Built

  • Built in 2022

HOA Fees

  • $647 Monthly HOA Fees

Home Design

  • Condo Hotel

Interior Spaces

  • 393 Sq Ft Home
  • Furnished
  • Blinds
  • Tile Flooring
  • Property Views

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • Studio bedroom
  • Closet Cabinetry
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-42-06-070-1390

Community Details

Overview

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

Amenities

  • Doorman
  • Valet Parking
  • Trash Chute
  • Billiard Room
  • Community Center
  • Party Room
  • Bar or Lounge
  • Secure Lobby

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Security Guard
  • Complete Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,684

Year Built

Built in 2022

Lot Details

0

HOA Fees

$647 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2022
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Mls Id: SHTF01
  • Co List Office Phone: 646-480-7665
  • Entry Level: 20
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo-Hotel, Condo
  • Subdivision Name: MAP OF MIAMI DADE CO. FL.
  • Year Built Details: Condo-Hotel
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Closet Cabinetry
  • Full Bathrooms: 1
  • Flooring: Tile
  • Furnished: Furnished
  • Living Area: 393
  • Possible Use: Investment
  • Stories: 31
  • Window Features: Complete Impact Glass, Blinds
  • Bedroom Features: Studio

Exterior Features

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

Garage/Parking

  • Park Building Name: Yotel Miami
  • Parking Features: None, Valet

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Smoke Detector, Doorman, Guard At Site, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 647
  • Amenities: Bar, Billiard Room, Community Room, Exercise Room, Pool, Spa/Hot Tub, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-42-06-070-1390
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5684

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2024
Closed on
Mar 13, 2025
Sold by
Yp 2008 Llc
Bought by
Operaciones Denarius Llc
Seller's Agent
Alan Gabay
Serhant
Buyer's Agent
Monica Hernandez
EAG Realty International Inc.
List Price
$390,000
Sold Price
$375,000
Premium/Discount to List
-$15,000
-3.85%
Total Days on Market
91
Views
1
Current Estimated Value
$377,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,510
Avg. Annual Appreciation
1.87%
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 $375,000 None Listed On Document
Warranty Deed $375,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2025 03/17/25 Sold $375,000 -3.8% $954 / Sq Ft
03/03/2025 03/03/25 Pending -- -- --
12/02/2024 12/02/24 For Sale $390,000 -- $992 / 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 $5,684 $285,246 -- --
2024 $5,014 $262,350 -- --
2023 $5,014 $238,500 $0 $0
2022 $561 $26,591 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11701814

MIAMI REALTORS® MLS

APN: 01-4206-070-1390