NOT LISTED FOR SALE

227 NE 2nd St Unit 2200 Miami, FL 33132

Downtown Miami Neighborhood

Estimated Value: $413,000 - $501,000

1 Bed
1 Bath
597 Sq Ft
2022 Built

Sale Details

Date Sold: October 10, 2023

Last sale price $540,000 $905 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $3,192 / mo

107 Days on Market

Highlights

  • New Construction
  • 2-minute walk to College/Bayside
  • Views
  • Furnished
  • Cooling Available
  • Heating Available

About This Home

As of October 2023

Newly built YOTELPad Miami in the heart of downtown, one block from Bayfront Park and directly across from the First Street Metromover station. A brand NEW TURNKEY FULLY FURNISHED residence with spacious kitchen Smeg appliances, in-unit washer and dryer and a secure storage unit. Amenities include: rooftop residence Lounge, Pool and poolside bar, gym by Homage Fitness, and a restaurant, Mazeh, and many spaces to relax, play and socialize. Minutes from Miami International Airport, and immediately adjacent to neighborhoods like Wynwood and Brickell, your home is truly at the center of it all.

Last Agent to Sell the Property

Miao Shih

MMLS Assoc.-Inactive Member License #3553051 Listed on: 05/01/2023

MMLS Assoc.-Inactive Member

Last Buyer's Agent

Ruedi Sieber

Sieber International, LLC License #3089691

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $852

Year Built

  • Built in 2022 | New Construction

Home Design

  • Entry on the 22nd floor

Interior Spaces

  • 597 Sq Ft Home
  • Furnished
  • Property Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 01-42-06-070-0080

Community Details

Overview

  • Property has a Home Owners Association
  • Yotel Pad Miami Condos
  • Yotel Pad Miami Subdivision
  • 31-Story Property

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$852

Year Built

Built in 2022 | New Construction

Listing Details

  • Property Type: Residential
  • Year Built: 2022
  • Property Sub Type: Condominium
  • Entry Level: 22
  • Garage Yn: No
  • Horses: No
  • New Construction: Yes
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: YOTEL PAD MIAMI
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 4098

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: Other
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Other
  • Furnished: Furnished
  • Living Area: 597
  • Possible Use: Investment
  • Stories: 31
  • Bedroom Features: Other

Exterior Features

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

Garage/Parking

  • Park Building Name: YOTEL PAD MIAMI
  • Parking Features: None

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Security: Other

Condo/Co-op/Association

  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Other

Lot Info

  • Parcel Number: 01-42-06-070-0080
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 852

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
May 1, 2023
Closed on
Oct 10, 2023
Sold by
Bought by
Seller's Agent
Miao Shih
MMLS Assoc.-Inactive Member
Buyer's Agent
Ruedi Sieber
Sieber International, LLC
List Price
$550,000
Sold Price
$540,000
Premium/Discount to List
-$10,000
-1.82%
Views
14
Current Estimated Value
$446,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$93,132
Avg. Annual Appreciation
-6.51%
Original Mortgage
$351,000
Interest Rate
0.0763%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
$540,000 Concorde Land Title
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 $351,000
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
10/10/2023 10/10/23 Sold $540,000 -1.8% $905 / Sq Ft
08/16/2023 08/16/23 Pending -- -- --
05/01/2023 05/01/23 For Sale $550,000 0.0% $921 / Sq Ft
10/07/2022 10/07/22 Rented $4,250 0.0% --
09/16/2022 09/16/22 For Rent $4,250 -- --
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 $9,098 $409,032
2024 $7,190 $444,600
2023 $7,190 $342,000 $0 $0
2022 $852 $40,393 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Miao Shih

    MMLS Assoc.-Inactive Member

    Section Image
  • Ruedi Sieber

    Buyer's Agent in 2023

    Ruedi Sieber

    Sieber International, LLC

    (305) 305-4854

    7 in this area

    28 Total Sales

    Ruedi Sieber
    Section Image
  • Irene Arditi

    Seller's Agent in 2022

    Irene Arditi

    New Wave Realty, LLC.

    (305) 530-1212

    12 Total Sales

    Irene Arditi
    Section Image

  • N

    Seller Co-Listing Agent in 2022

    Nicolas Bailleul

    New Wave Realty, LLC.

    Section Image

  • L

    Buyer's Agent in 2022

    Liliana Alvez

    Brickell Brokers LLC

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11379970

MIAMI REALTORS® MLS

APN: 01-4206-070-0080

Florida Miami/Dade County Miami 33132 Downtown Miami

227 NE 2nd St Unit 2200, Miami, FL

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