NOT LISTED FOR SALE

227 NE 2nd St Unit 2700 Miami, FL 33132

Downtown Miami Neighborhood

Estimated Value: $402,000 - $457,519

1 Bed
1 Bath
597 Sq Ft
$852/mo HOA Fee

Last Sold March 20, 2024

Last sale price $520,000 $871 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $3,811/month

226 Days on Market

Highlights

  • Doorman
  • 2-minute walk to College/Bayside
  • Furnished
  • Bar or Lounge
  • Skyline View
  • High Impact Door

About This Home

As of March 2024

LUXURY CONDOMINIUM ON THE 27TH FLOOR IN DOWTOWN MIAMI. This is the first building specifically design for short term rentals, operated by Yotelpad, a very successfull expanding world brand. This apartment comes turnkey fully furnished and Airbnb approved. Located in the heart of Miami Downtown. Great for investors. Walking distance from restaurants and shops. The best location in Downtown and hotel-like amenities, including pool, lounge area, gym, pet spa, social room with ping pong and pool table. YotelPad Miami features a top floor owners lounge, gym, pool with jacuzzi, restaurant, coffeee bar, separate resident's lobby with full time front desk staff, and valet parking. Motivated Seller. Bring your offer today!

Last Agent to Sell the Property

Oksana Siginevich

Platinum Ocean Realty, LLC. License #3337747 Listed on: 07/05/2023

Last Buyer's Agent

Chelsea Bagley

Compass Florida, LLC License #3468697

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $852

Year Built

  • Built in 2022

HOA Fees

  • $852 Monthly HOA Fees

Parking

  • Covered Parking

Home Design

  • Entry on the 27th floor

Interior Spaces

  • 597 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Ceramic Tile Flooring
  • Skyline Views
  • Dryer

Kitchen

  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 01-42-06-070-0130

Community Details

Overview

  • High-Rise Condominium
  • Yotel Pad Miami Condos
  • Yotel Pad Miami Subdivision
  • 31-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Bar or Lounge

Pet Policy

  • Breed Restrictions

Security

  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$852

Year Built

Built in 2022

Lot Details

0

HOA Fees

$852 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2022
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 27
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: YOTEL PAD MIAMI
  • Year Built Details: Unknown
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 4098

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Disposal, Dryer
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor
  • Furnished: Furnished
  • Living Area: 597
  • Possible Use: Investment
  • Stories: 31
  • Bedroom Features: Other

Exterior Features

  • View: Skyline
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: YOTEL PAD MIAMI
  • Parking Features: Covered, Other, Valet

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Security: Doorman

Condo/Co-op/Association

  • Association Fee: 852
  • Amenities: Bar
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-42-06-070-0130
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 852

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2023
Closed on
Mar 18, 2024
Sold by
Hou Jingbo and Hou Xue
Bought by
Grados Emily Kristin and Grados-Basth Luis Gerardo
Seller's Agent
Oksana Siginevich
Platinum Ocean Realty, LLC.
Buyer's Agent
Chelsea Bagley
Compass Florida, LLC
List Price
$530,000
Sold Price
$520,000
Premium/Discount to List
-$10,000
-1.89%
Views
49
Current Estimated Value
$433,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$86,370
Avg. Annual Appreciation
-10.67%
Original Mortgage
$348,000
Outstanding Balance
$341,884
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$91,746

Purchase Details

Closed on
Jun 8, 2022
Sold by
Ne 2Nd Acquisition Llc
Bought by
Hou Jingbo and Li Xue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,000
Interest Rate
5.09%
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 Buyer Sale Price Title Company
Grados Emily Kristin $520,000 None Listed On Document
Hou Jingbo $445,000 --
Hou Jingbo $445,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grados Emily Kristin $348,000
Previous Owner Hou Jingbo $267,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2024 03/20/24 Sold $520,000 -1.9% $871 / Sq Ft
02/16/2024 02/16/24 Pending -- -- --
01/25/2024 01/25/24 For Sale $530,000 +1.9% $888 / Sq Ft
12/31/2023 12/31/23 Off Market $520,000 -- --
10/20/2023 10/20/23 For Sale $530,000 0.0% $888 / Sq Ft
10/14/2023 10/14/23 Pending -- -- --
10/05/2023 10/05/23 Price Changed $530,000 -3.6% $888 / Sq Ft
07/05/2023 07/05/23 For Sale $550,000 -- $921 / 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 $8,269 $415,012 -- --
2024 $7,295 $381,700 -- --
2023 $7,295 $347,000 $0 $0
2022 $852 $40,393 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • O

    Seller's Agent in 2024

    Oksana Siginevich

    Platinum Ocean Realty, LLC.

    Section Image

  • C

    Buyer's Agent in 2024

    Chelsea Bagley

    Compass Florida, LLC

    (305) 695-1112

    1 in this area

    31 Total Sales

    Chelsea Bagley
    Section Image
  • Joanna Jimenez

    Buyer Co-Listing Agent in 2024

    Joanna Jimenez

    Compass Florida, LLC

    (305) 302-6384

    20 in this area

    320 Total Sales

    Joanna Jimenez
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11414367

MIAMI REALTORS® MLS

APN: 01-4206-070-0130

Florida Miami/Dade County Miami 33132 Downtown Miami

227 NE 2nd St Unit 2700, Miami, FL

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