Closed

YotelPad Miami, 227 NE 2nd St #1706, Miami, FL 33132

599,000(-3.17% )
2Beds
11/2Baths
647SqFt

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Details

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Status:
Sold - Mar 04, 2024
Parking: No info
Size: 647 SqFt (60 m2)
Price: $896/SqFt ($9,649/m2)
Type: Condo
Built: 2022
HOA: $889/MO
MLS Number: A11484790
View: Bay,City
On Site: 640 Days
Updated: 526 Days ago
Page Views: 0
NEW CONSTRUCTION ~Blt. 2022
Presenting a unique opportunity to own a fully furnished 2-bedroom corner unit in the coveted 06 line at yotelpad in downtown miami. This property is not only a luxurious home but also a profitable investment, ideal for generating substantial cash flow with the convenience of daily rentals. It comes with the added benefit of turnkey management, currently operating it seamlessly, ensuring a hassle-free investment experience. Boasting modern decor, stunning city views, and access to exceptional amenities, this unit is situated in the heart of miami, a hub for both tourists and locals. This is a rare opportunity for investors seeking a property that merges elegance, location, and high rental potential. Secure this investment and enjoy the rewards of miami's dynamic short term rental market
Features
Bedrooms
  • Bedrooms: 2
Bathrooms
  • Bathrooms: 1
  • Half Bathrooms: 1
Exterior and Lot Features
  • Exterior Features: SecurityHighImpactDoors
  • View: Bay,City
Interior, Heating and Cooling
  • Interior Features: BuiltinFeatures, ClosetCabinetry, Other
  • Equipment / Appliances: BuiltInOven, Dishwasher, IceMaker, Microwave, Refrigerator, Washer
  • Heating Description: Central
  • Cooling Description: CentralAir
Building and Construction
  • Floor Description: Tile
  • Windows/Treatment: Blinds,ImpactGlass
  • Year Built: 2022
  • Year Built Description: Resale
  • Style: HighRise
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
    Other Property Info
    • Garage: No info
    • Listing Date: 2023-11-10T17:54:16.000-00:00
    • Directions: Northwest
    • Pets Allowed: Conditional,Yes
    Taxes, Fees & More
    • Maintenance Includes: AssociationManagement, Amenities, CableTV, Insurance, Internet, RecreationFacilities, Sewer, Security, Trash, Water
    • Taxes: 923
    • Security Information: DoorMan, ElevatorSecured, LobbySecured, FireSprinklerSystem, SmokeDetectors
    • Parking Description: DetachedCarport, Valet
    • Total Floors in Building: 31

    Price History

    03/04/2024

    Date

    Sold

    Event

    $580K

    Price

    -3.17%

    Change Rate

    $896 ft2 / $9,649 m2

    Price Per

    11/10/2023

    Date

    Listed

    Event

    $599K

    Price

    $926 ft2 / $9,965 m2

    Price Per

    Price per square foot and days on website are not provided values and are calculated by Subdivisions.

    Listed by Adam RedolfiAlure Capital • Buyer Agency Compensation .

    Instant Comps

    $600/ft²
    $700/ft²
    $900/ft²
    $1,100/ft²

    Unit #1706 – Asking

    $896/ft²

    (-1%) from Closed Avg. $/ft²

    Closed Avg. $/ft²

    $909/ft²
    Community $/Price Range (Closed) $701/ft² – $980/ft²
    UnitBed/BathSize SqFt$/SqFtExposureViewSoldClosed Date
    # 18061/2647$927SouthCity$600,0004/7/2025
    # 28061/2647$904SouthBay, City$585,0003/3/2025
    # 17061/2647$896SouthCity$580,0003/1/2024
    Unit: # 1806
    Bed/Bath: 1/2Size SqFt: 647$/SqFt: $927Exposure: SouthView: CitySold: $600,000Closed Date: 4/7/2025
    Unit: # 2806
    Bed/Bath: 1/2Size SqFt: 647$/SqFt: $904Exposure: SouthView: Bay, CitySold: $585,000Closed Date: 3/3/2025
    Unit: # 1706
    Bed/Bath: 1/2Size SqFt: 647$/SqFt: $896Exposure: SouthView: CitySold: $580,000Closed Date: 3/1/2024
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