227 NE 2nd St # 1606, Miami FL 33132 | Miami-Dade County | A11901870
- $615,000
- $615,000
Description
Short-term stays (Airbnb, VRBO, Expedia) with no rental restrictions, 2 Bed 1.5 Bath is located within close distance to Bayfront Park& many of the sights and sounds of the city. Yotel offer luxurious amenities such as pools, fitness centers, spa services concierge, restaurant, bar and security 24/7 gym.You will be 15 min from lots of neighborhoods such as Wynwood, Brickell and Design District. Also conveniently located near to Miami Beach and the Miami International Airport. Downtown Miami is a central and strategic location, making it easy to access various parts of the city and neighboring areas. Downtown Miami is home to numerous cultural attractions, including museums, theaters, art galleries, and cultural events.
Property Overview
This is a 2-bedroom, 1.5-bath condominium of about 647 square feet at 227 NE 2nd St # 1606, Miami FL 33132 (Miami 33132), listed at $615,000.
Monthly Costs, Stated Plainly
The exact monthly HOA is not stated on this listing, but across 20 units in this building it has ranged $612-$1,079 (median ~$827). Treat that as guidance and confirm the current assessment for this unit.
The tax of record is $8,624 (2024). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $12,300/yr (≈ $1,025/mo); with the homestead exemption on a primary residence, about $11,300/yr (≈ $942/mo). Confirm with the Miami-Dade Property Appraiser and a tax professional — these are estimates, not quotes.
Frequently Asked Questions
What is the list price, and what typically conveys with a home like this?
The list price for the property at 227 NE 2nd St # 1606, Miami, FL 33132 is $615,000. It's essential to note that the furnished status is not stated on the record, which means that the seller is not explicitly including any furniture in the sale. However, fixtures and built-in appliances generally convey with the home. The community offers various on-site amenities, including a Business Center, Child Play Area, Community Room, Elevator(s), Exercise Room, Pool, Sauna, and Spa/Hot Tub, as well as a Trash Chute. These amenities are shared among residents and are part of the HOA, not items that convey with the individual home.
To verify what is included in the sale and to get a clearer understanding of the property, it's recommended that you reach out to Christopher Lazaro, Miami Real Estate Realtor, to discuss the details of this listing and schedule a viewing. You can contact him to confirm the specifics of the property and amenities, and to get guidance on the buying process for this $615,000, 2bd/1.5ba ~647 sqft home.
Where exactly is it, and what should I know about the location?
The property at 227 NE 2nd St # 1606 is located in Miami, FL 33132, situated in the coastal corridor of Miami. This location is within the city limits, providing access to various amenities and services. The property is listed at $615,000, featuring 2 bedrooms and 1.5 bathrooms, with approximately 647 square feet of living space.
To verify the details of this property and learn more about the surrounding area, contact Christopher Lazaro, Miami Real Estate Realtor, to schedule a viewing or discuss your specific needs and preferences. You can reach out to him to confirm the property's features, including its location, and get a better understanding of what it has to offer.
What are the HOA / association fees, and what do they cover?
The monthly HOA fee for 227 NE 2nd St # 1606, listed at $615,000, is not explicitly stated, but similar units in the building have seen fees range from $612 to $1,079, with a median of approximately $827. This fee covers various expenses, including All Amenities, Cable Tv, Elevator, Internet/WiFi, Security, Sewer, Trash Removal, and Water, as per the record. It is essential to confirm the current assessment for this specific unit. The community is also subject to city ordinances, which can be found in the municipal code at https://library.municode.com/fl/miami/codes/code_of_ordinances.
To verify the current HOA fee and assessment for this unit, it is recommended that you contact Christopher Lazaro, Miami Real Estate Realtor, who can provide you with the most up-to-date information and guide you through the process of purchasing this 2bd/1.5ba ~647 sqft property in Miami, FL 33132. Reach out to him to schedule a viewing or discuss your options in more detail, ensuring you have all the necessary information to make an informed decision.
What are the property taxes and homestead implications?
The property taxes for 227 NE 2nd St # 1606, Miami FL 33132, listed at $615,000, can be estimated in two ways. As an ESTIMATE ONLY, considering the Miami-Dade rate near 2.0%, the annual property tax would be about $12,300/yr (≈ $1,025/mo) without homestead, and about $11,300/yr (≈ $942/mo) with the homestead exemption, which lowers the taxable value only for a primary residence. The tax of record is $8,624 (2024), but Florida reassesses at sale, so these figures are estimates, not quotes.
To confirm these ESTIMATES, it is essential to consult the Miami-Dade Property Appraiser and a tax professional. For accurate and personalized information, reach out to Christopher Lazaro, Miami Real Estate Realtor, to discuss the specifics of this property and verify the details that matter to your purchase decision, ensuring you have a clear understanding of the costs involved with owning this $615,000, 2bd/1.5ba, ~647 sqft property.
Is the home in a flood zone, and what does that mean?
The property at 227 NE 2nd St # 1606, Miami FL 33132, listed at $615,000, is located in an area that may be subject to flooding. Flood zones are areas designated by the Federal Emergency Management Agency (FEMA) as being at risk for flooding, and they are categorized based on the level of risk. For more information on flood zones, visit the FEMA definitions page. To determine the specific flood zone designation for this property, you can View the FEMA flood map for this address.
Lenders often require flood insurance for properties located in high-risk flood zones, which can impact the cost of owning the property. If you are considering purchasing this 2bd/1.5ba ~647 sqft property, it is essential to understand the flood risk and any associated costs. To verify the flood zone designation and discuss how it may affect your purchase, contact Christopher Lazaro, Miami Real Estate Realtor, to review the details and determine the best course of action for your situation.
Are pets allowed?
According to the MLS record for 227 NE 2nd St # 1606, Miami FL 33132, the pet policy has restrictions or possible restrictions. This means pets are allowed, with restrictions (or possible restrictions). To confirm the exact current pet rules for this unit, we can pull the association's documentation upon request. If a documented service animal or ESA is involved, separate federal accommodation rules can apply.
To verify the pet policy and other details for this $615,000, 2bd/1.5ba ~647 sqft property, contact Christopher Lazaro, Miami Real Estate Realtor, to discuss your specific situation and get accurate information about this listing.
How is the price set and is there room to negotiate?
Miami-Dade condos have recently been closing at 94% of list, about 64 days on market, according to MIAMI REALTORS®, May 2026. This market data provides a general indication of the negotiability of condo prices in the area. However, the specific price negotiability of 227 NE 2nd St # 1606, listed at $615,000, can be better understood by examining the building and vicinity. A comparative market analysis (CMA) of this property would provide a more accurate assessment of its value. To get a Miami-specific CMA and determine a fair offer price for this 2bd/1.5ba, ~647 sqft condo, consider reaching out to Christopher Lazaro, Miami Real Estate Realtor, to review the property's details and discuss the best approach to making an informed offer.
To verify the property's value and negotiate the best possible price, contact Christopher Lazaro to schedule a consultation and review the CMA for 227 NE 2nd St # 1606, allowing you to make a well-informed decision when submitting an offer on this Miami condo.
What financing step do you recommend before touring?
Before touring a property like 227 NE 2nd St # 1606, Miami FL 33132, listed at $615,000, it's recommended to get pre-approved for a mortgage. This step helps determine your budget and provides a clear understanding of what you can afford. To get started, consider speaking with a Florida-licensed Mortgage Loan Originator (MLO) at https://Get-PreApproved.com to discuss your options. Getting pre-approved will also give you an advantage when making an offer on a property. To verify the details of this property, including its 2bd/1.5ba layout and ~647 sqft of living space, contact Christopher Lazaro, Miami Real Estate Realtor, to schedule a tour and discuss your purchase options.
Reach out to Christopher Lazaro to confirm the property's availability and schedule a viewing at your convenience, ensuring you have a thorough understanding of the property before making any decisions.
Monthly Fees & Carrying Costs
| Condo Maintenance Fee | $889 / month |
| Total Monthly Fees | $889 / month |
- Membership Required: No
- Application Fee: $150 (one-time)
Have a question about this Miami listing?
Talk directly with Christopher Lazaro, your Miami real estate advisor. No pressure — real answers.
Address
Open on Google Maps-
Address: 2nd St
-
City: Miami
-
State/county: Miami-Dade County
-
Zip/Postal Code: 33132
-
Area: YOTEL PAD MIAMI
Details
Updated on August 17, 2026 at 6:54 pm-
Property ID A11901870
-
Price $615,000
-
Property Size 647 Sq Ft
-
Bedrooms 2
-
Room 0
-
Bathrooms 1.5
-
Garage 0
-
Year Built 2022
-
Type Condominium
-
Property Status Active, Residential
Additional details
-
Flooring Ceramic Floor
-
Bedroom Features Entry Level
-
Cooling Electric
-
Association Type Condo
-
Building YOTEL PAD MIAMI
-
Association Fee Frequency Monthly
-
Area Yotel Pad Miami
-
Annual Tax 8624
-
Maintenance Fee Paid Per Monthly
-
Association Yes
-
Private Pool No
-
Listing Terms All Cash, Conventional
-
Waterfront No
-
Full Bathrooms 1
-
Subdivision YOTEL PAD MIAMI
-
Total Stories 31
-
Restrictions Ok To Lease
-
Maintenance Includes All Amenities, Cable Tv, Elevator, Internet/WiFi, Security, Sewer, Trash Removal, Water
-
Amenities Business Center, Child Play Area, Community Room, Elevator(s), Exercise Room, Pool, Sauna, Spa/Hot Tub, Trash Chute
-
Parking On Street
-
Heating Electric
-
Structure Type Condo 5+ Stories, Condo
-
Tax Year 2024
-
Construction Concrete Block Construction
-
Building Area 647
-
Covered Spaces 0
-
Unit Floor 16
-
View Skyline
-
Year Built Details Resale
-
Pets Allowed Yes
-
Attached Yes
-
Unit Number 1606
-
Half Bathrooms 1
-
New Construction No
-
Garage Spaces 0
-
Style Condo 5+ Stories
-
Association Fee 0
-
Lot Size (Sq Ft) 0
-
Membership Purchase Required No
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
Property Tax
-
Home Insurance
-
PMI
-
Monthly HOA Fees