NOT LISTED FOR SALE

227 NE 2nd St Unit 2201 Miami, FL 33132

Downtown Miami Neighborhood

Estimated Value: $364,000 - $383,000

1 Bed
1 Bath
455 Sq Ft
2022 Built

Sale Details

Date Sold: June 17, 2024

Last sale price $420,000 $923 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $3,336 / mo

30 Days on Market

Highlights

  • Fitness Center
  • 2-minute walk to College/Bayside
  • Restaurant
  • Furnished
  • Community Pool
  • Tile Flooring

About This Home

As of June 2024

Excellent opportunity to invest or to live in the newly built YOTELPad Miami. Move in ready! The property has a pool/gym/spa located in the building, and owners lounge with working spaces and a pet spa. This large 1 bedroom 1 bath unit comes fully furnished and equipped on the 22nd floor and includes an in unit washer and dryer. This is an excellent opportunity for Airbnb or a long-term lease. Great location in the heart of downtown, one block from Bayfront Park and directly across from the First Street Metromover station.

Last Agent to Sell the Property

Chris Sheedy

COLDWELL BANKER REALTY Brokerage Phone: 407-647-1211 License #3302231 Listed on: 04/08/2024

COLDWELL BANKER REALTY

Last Buyer's Agent

Stellar Non-Member Agent

STELLAR NON-MEMBER OFFICE

STELLAR NON-MEMBER OFFICE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,585

Year Built

  • Built in 2022

HOA Fees

  • $719 Monthly HOA Fees

Parking

  • Guest Parking

Home Design

  • Entry on the 15th floor

Interior Spaces

  • 455 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Tile Flooring
  • Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Additional Features

  • South Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • High-Rise Community
  • Yotelpad Subdivision
  • 25-Story Property

Amenities

  • Restaurant

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,585

Year Built

Built in 2022

HOA Fees

$719 per month

Listing Details

  • HOA Fee Includes: Other
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Other
  • Fireplace: No
  • Living Area: 455
  • New Construction: No
  • Year Built: 2022
  • Building Area Total: 455
  • Status: Sold
  • Street Direction: NE
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 42.27
  • Escrow City: Orlando
  • Escrow State: FL
  • Escrow Street Name: Lake Underhill Rd #231
  • Floor Number: 15+
  • Minimum Lease: 1-7 Days
  • RATIO Current Price By Calculate: 923.08
  • Total Acreage: Non-Applicable
  • Water Access YN: 0
  • Condo Fees Term: Monthly
  • Property Description: High Rise
  • Amenities Additional Fees: Buyer to verify with the HOA/city/county any rules/regulations for pets, amenities and leasing
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 407-647-1211
  • Tax Year: 2023
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dryer, Range, Washer
  • Foundation Details: Other
  • Total Bedrooms: 1
  • Levels: Three Or More
  • Stories: 25
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 42.27

Exterior Features

  • Direction Faces: South
  • Exterior Features: Other
  • Roof: Other
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Guest

Utilities

  • Utilities: Other
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Fitness Center, Pool, Restaurant
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: None
  • Condo Fees: 719
  • Condo Land Included YN: 0
  • Monthly Condo Fee Amount: 719

Fee Information

  • Total Annual Fees: 8628.00
  • Total Monthly Fees: 719.00

Lot Info

  • Zoning: 6401
  • Parcel Number: 01-4206-070-0240
  • Additional Parcels: No
  • Flood Zone Code: x

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Buyer to verify with the HOA/city/county any rules/regulations for pets, amenities and leasing

Tax Info

  • Tax Annual Amount: 5585
  • Tax Block: 1
  • Tax Book Number: 00
  • Tax Lot: 1

Multi Family

  • Approval Process: Buyer to verify with the HOA/city/county any rules/regulations for pets, amenities and leasing

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
Apr 8, 2024
Closed on
Jun 7, 2024
Sold by
Bought by
Seller's Agent
Chris Sheedy
COLDWELL BANKER REALTY
Buyer's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
List Price
$475,000
Sold Price
$420,000
Premium/Discount to List
-$55,000
-11.58%
Views
47
Current Estimated Value
$372,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$47,687
Avg. Annual Appreciation
-5.53%
Original Mortgage
$273,000
Outstanding Balance
$267,096
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$105,217

Purchase Details

Listed on
Nov 15, 2022
Closed on
Mar 1, 2023
Sold by
Bought by
Seller's Agent
Catalina Tirado
Howard Chase Real Estate, LLC
Buyer's Agent
Denis Smykalov
Wolsen Real Estate Inc
List Price
$449,000
Sold Price
$399,000
Premium/Discount to List
-$50,000
-11.14%
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.02%

Purchase Details

Closed on
May 10, 2022
Sold by
Bought by
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
$420,000 First International Title
$399,000 --
$308,000 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 $273,000
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 Prior Sale
06/17/2024 06/17/24 Sold $420,000 -8.7% $923 / Sq Ft
05/09/2024 05/09/24 Pending -- -- --
04/17/2024 04/17/24 Price Changed $460,000 -1.1% $1,011 / Sq Ft
04/10/2024 04/10/24 Price Changed $465,000 -2.1% $1,022 / Sq Ft
04/08/2024 04/08/24 For Sale $475,000 +19.0% $1,044 / Sq Ft
03/01/2023 03/01/23 Sold $399,000 -2.4% -- View Prior Sale
02/13/2023 02/13/23 Pending -- -- --
12/20/2022 12/20/22 Price Changed $409,000 -8.9% --
11/15/2022 11/15/22 For Sale $449,000 -- --
Source: Stellar 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 $7,066 $317,658
2024 $5,584 $345,280
2023 $5,584 $265,600 $0 $0
2022 $649 $30,785 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris Sheedy

    Seller's Agent in 2024

    Chris Sheedy

    COLDWELL BANKER REALTY

    (407) 375-0456

    1 in this area

    192 Total Sales

    Chris Sheedy
    Section Image
  • Catalina Tirado

    Seller's Agent in 2023

    Catalina Tirado

    Howard Chase Real Estate, LLC

    (305) 342-4987

    1 in this area

    34 Total Sales

    Catalina Tirado
    Section Image
  • Denis Smykalov

    Buyer's Agent in 2023

    Denis Smykalov

    Wolsen Real Estate Inc

    (305) 333-1122

    2 in this area

    33 Total Sales

    Denis Smykalov
    Section Image
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Map

Source: Stellar MLS

MLS Number: O6194370

Stellar MLS

APN: 01-4206-070-0240

Florida Miami/Dade County Miami 33132 Downtown Miami

227 NE 2nd St Unit 2201, 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.

Stellar MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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