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Pending
Condominium
$400,000$729 / sqft

227 NE 2nd St # 1909, Miami FL 33132

1
Bedrooms
1
Bathrooms
549 sqft
Interior
2022
Year built
$851 / mo
HOA
Condominium
Type

About this home

Modern 1 bed / 1 bath at YOTELPAD Downtown Miami with full short-term rental flexibility—Airbnb, VRBO, whatever you want. No restrictions, which is rare for this location. The layout is smart and efficient, with clean, modern finishes and a comfortable living space that actually works whether you’re staying in it or renting it out. The building is what really sells it. You’ve got a resort-style pool deck, fitness center, co-working and lounge spaces, plus an on-site restaurant and bar. Full-service feel with concierge, valet, and 24/7 security—so it’s easy for both owners and guests. Location-wise, it doesn’t get much better. You’re right in the center of Downtown—steps to Bayfront Park, the marina, restaurants, nightlife, and everything happening around there. Quick access to Brickell, Wynwood, the Design District, Miami Beach, and the airport, which is exactly what short-term renters are looking for. Whether you’re buying it as an investment or want something flexible you can actually use, this one makes a lot of sense. Strong rental demand, prime location, and no restrictions—it checks the boxes.

Features

  • First Floor Entry
  • Open Balcony
  • Skyline

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$2,874

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$2,023
HOA
$851 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Compass Florida, LLC

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management

Cap rate
Cash-on-cash
Monthly cash flow
Net operating income

Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.

Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.

Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.