English
227 NE 2nd St #2208
Miami FL 33132
$400,000
Affordability
Monthly Mortgage for Unit 2208
$400,000$80,000 20%
30 Year Fixed at 6.75% Adjust
$2,056/month
Property Description
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 2008 (A11701814) & 2110 (A11701806)
Property Details
- Unit #
- 2208 (floorplan)
- Bedrooms
- 0
- Bathrooms
- 1
- Maintenance Fee
- $624/mo
- Tax year
- 2024
- Living Area
- 393 sq ft.
- $/Sqft
- 1,018
- Living Area (M2)
- 36.5097
- Year Built
- 2005
- Tax Amount
- $
- Status
- Active
- Listing Type
- Highrise Condo
- Buiding
- One Miami
- Tower
- West
- Internet/Ethernet
- Yes
- Days On Website
- 2 weeks
- Pool
- Yes
- Pets Allowed
- Yes
- Parking Spots
- 0
- Valet Services
- Yes
Property Amenities
Interior Features
- Closet Cabinetry
Exterior Features
- Open Balcony
Equipment
- Dishwasher
- Dryer
- Ice Maker
- Microwave
- Electric Range
- Refrigerator
- Washer
Map Location
Similar Units
| Address | Unit # | Price | %Chng | Bed/Bath | Square Feet | Square m2 | Maint/$ |
|---|---|---|---|---|---|---|---|
| 520 Brickell Key Dr #A1604 | A1604 | $4,500 | 2/2 | 1,229 | 114 | $250 | |
| 520 Brickell Key Dr #A1617 | A1617 | $295,000 | 0/1 | 478 | 44 | $1,414 | |
| 540 Brickell Key Dr #830 | 830 | $295,000 | 0/1 | 370 | 34 | $580 | |
| 540 Brickell Key Dr #214 | 214 | $315,000 | 1/1 | 640 | 59 | $923 | |
| 540 Brickell Key Dr #407 | 407 | $342,000 | 0/1 | 400 | 37 | $484 | |
| 540 Brickell Key Dr #1226 | 1226 | $345,000 | 1/1 | 700 | 65 | $549 | |
| 540 Brickell Key Dr #409 | 409 | $349,000 | 0/1 | 540 | 50 | $798 | |
| 540 NE Brickell Key Dr #1624 | 1624 | $369,900 | 1/1 | 640 | 59 | $100 | |
| 540 Brickell Key Dr #900 | 900 | $385,000 | 1/1 | 700 | 65 | $1,031 | |
| 227 NE 2nd St #2113 | 2113 | $389,000 | 0/1 | 420 | 39 | $576 | |
| 227 NE 2nd St #2008 | 2008 | $390,000 | 0/1 | 393 | 37 | $624 | |
| 540 Brickell Key Dr #1001 | 1001 | $395,000 | 1/1 | 700 | 65 | $1,060 | |
| 227 NE 2nd St #2208 | 2208 | $400,000 | 0/1 | 393 | 37 | $624 | |
| 0 #1907 | 1907 | $400,000 | 0/1 | 386 | 36 | $815 | |
| 540 Brickell Key Dr #1600 | 1600 | $400,000 | 6.67% | 1/1 | 700 | 65 | $549 |
Recent Similar Sales/Rentals
1 Bedroom Apartments Recent Sales
| Unit # | Closed Date | Sold Price | List Price | Bed | Bath | Living Area | Days on Market |
|---|---|---|---|---|---|---|---|
| 1911 | 12/06/2024 | $352,000 | $379,000 | 1 | 1 | 682 | 1 month |
| A1401 | 11/14/2024 | $410,000 | $425,000 | 1 | 1 | 724 | 3 months |
| 4206 | 10/31/2024 | $675,000 | $675,000 | 1 | 1 | 950 | 1 month |
| 2701 | 10/28/2024 | $550,000 | $659,000 | 1 | 1 | 780 | 5 months |
| Number of Units | Avg Price | Avg $/SQFT | Lowest Sale Price | Highest Sale Price | Avg Days on Market |
|---|---|---|---|---|---|
| 4 | $496,750 | $675 | $352,000 | $675,000 | 92 |
2 Bedroom Apartments Recent Sales
| Unit # | Closed Date | Sold Price | List Price | Bed | Bath | Living Area | Days on Market |
|---|---|---|---|---|---|---|---|
| A1005 | 12/06/2024 | $580,000 | $625,000 | 2 | 2 | 1,255 | 5 months |
| 3607 | 12/06/2024 | $665,000 | $699,000 | 2 | 2 | 1,178 | 4 months |
| 4712 | 12/05/2024 | $940,000 | $985,000 | 2 | 2 | 1,237 | 2 months |
| 1407 | 11/18/2024 | $685,000 | $692,000 | 2 | 2 | 1,178 | 2 months |
| 2608 | 11/18/2024 | $1,015,000 | $1,050,000 | 2 | 2 | 1,626 | 4 months |
| 2408 | 11/12/2024 | $580,000 | $599,000 | 2 | 2 | 1,169 | 2 months |
| 1528 | 11/07/2024 | $1,100,000 | $1,290,000 | 2 | 2 | 1,200 | 3 months |
| 4612 | 10/31/2024 | $722,650 | $799,000 | 2 | 2 | 1,237 | 2 months |
| 612 | 10/30/2024 | $840,000 | $900,000 | 2 | 2 | 1,370 | 1 month |
| 3519 | 10/29/2024 | $610,000 | $630,000 | 2 | 2 | 1,227 | 5 months |
| Number of Units | Avg Price | Avg $/SQFT | Lowest Sale Price | Highest Sale Price | Avg Days on Market |
|---|---|---|---|---|---|
| 10 | $773,765 | $652 | $580,000 | $1,100,000 | 102 |
3 Bedroom Apartments Recent Sales
| Unit # | Closed Date | Sold Price | List Price | Bed | Bath | Living Area | Days on Market |
|---|---|---|---|---|---|---|---|
| LPH-02 | 12/10/2024 | $1,199,000 | $1,199,000 | 3 | 2 | 1,573 | 2 months |
| 201 | 12/03/2024 | $1,500,000 | $1,550,000 | 3 | 3 | 2,306 | 1 month |
| 5202 | 11/25/2024 | $2,000,000 | $2,150,000 | 3 | 3 | 2,457 | 9 months |
| A1505 | 11/19/2024 | $1,100,000 | $1,200,000 | 3 | 3 | 1,625 | 6 months |
| 1904 | 10/30/2024 | $2,300,000 | $2,400,000 | 3 | 3 | 2,520 | 1 month |
| PH-02 | 10/28/2024 | $1,040,000 | $1,150,000 | 3 | 2 | 1,573 | 6 months |
| Number of Units | Avg Price | Avg $/SQFT | Lowest Sale Price | Highest Sale Price | Avg Days on Market |
|---|---|---|---|---|---|
| 6 | $1,523,167 | $789 | $1,040,000 | $2,300,000 | 139 |
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