2 months on rocket

227 NE 2nd St Unit 2502, Miami, FL, 33132

$465,000

Home List Price

$5,522*

Closing Credit

1 Bedroom
1 Full Bath
599 SqFt
$776/SqFt
Condo

Location

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227 NE 2nd St Unit 2502, Miami$465,000

Buyer Closing Credits

$5,522*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOther
Year Built2022
HeatingCentral
CoolingCentral Air
ViewCity
MLS #A11649286
StatusActive

About 227 NE 2nd St Unit 2502

Don't miss out on this fully furnished, spacious 1-bedroom, 1-bathroom unit with stunning views. Whether you're looking to live in, rent out annually, or capitalize on short-term rentals through platforms like Airbnb, VRBO, or Expedia, this property offers unparalleled flexibility with no rental restrictions. Currently managed by YourHome Hospitality LLC, a top vacation rental management company, this unit generates strong income with minimal effort on your part. The unit is exactly as shown in the photos, ready for immediate use. Enjoy an array of amenities, including an incredible gym, pool, bar, restaurants, 24/7 front desk service, and more. Perfect for both personal use and as a high-performing income property.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 2022
  • Living Area: 599 SqFt

Listing Office:

  • Office Name: Sigma Real Estate & Investment
  • Office Email: rfayad@riadfayad.com
  • Listing Agent: Riad Fayad

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Washer
  • Flooring Type: Ceramic Tile
  • Interior: Other, Elevator, Bar

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • View: City
  • Exterior: Balcony

Parking Information:

  • Parking: Other

Virtual/3D Tour

  • Virtual Tour: 227 NE 2nd St Unit 2502
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Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $465,000
  • Price Per SqFt: $776/SqFt

HOA Fees:

  • Amount: $770
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Miami, FL.

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Miami, FL

City

Med. Sold Price

$560.4K

Med. Price/SqFt

$389

Avg. Days On Market

60

# of Sold Homes

698

227 NE 2nd St Unit 2502 vs Miami

86 DAYS ON ROCKET

+26 Days

$465,000

-$95.4K Less

$776/SqFt

+$386 More

KEY TAKEAWAY

This property is $95.4K less than the Median Sold Price and $386/SqFt more than other homes in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11649286

Listing Office:

  • Office Name: Sigma Real Estate & Investment
  • Office Email: rfayad@riadfayad.com
  • Listing Agent: Riad Fayad

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 9:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,158

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,461

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-855717
7
/10

  • Downtown Miami Charter School

  • 305 NW 3rd Ave

  • 0.59 miles

  • Public Charter Grades KG-6

school-card-donut-855718
3
/10

  • Frederick R. Douglass Elementary School

  • 314 NW 12th St

  • 0.89 miles

  • Public District Grades PK-5

school-card-donut-855719
10
/10

  • Mater Academy East Charter

  • 450 SW 4th St

  • 0.91 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,792. The majority of Miami, FL residents have income less than $35k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 227 NE 2nd St Unit 2502

What is the listing price of this property?

The listing price of 227 NE 2nd St Unit 2502 property is $465,000.

What type of property is this?

The property 227 NE 2nd St Unit 2502 is a condo located in Miami, Florida, 33132.

Is this property for sale now?

Active Listing: 227 NE 2nd St Unit 2502 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 227 NE 2nd St Unit 2502 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 227 NE 2nd St Unit 2502 is 599 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 227 NE 2nd St Unit 2502 is 2022.

Rocket Homes›Florida›Miami-Dade County›Miami›33132›227 NE 2nd St Unit 2502

This home is located at 227 NE 2nd St Unit 2502 in Miami, FL and zip code 33132 in the Downtown neighborhood. This 599 square foot home was built in 2022. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since August 28, 2024 and is currently priced at $465,000.

In October 2024, from all listings sold in Miami, FL there were more than 62 sold above asking price, over 507 sold below and more than 129 were sold right at the asked price. The number of homes for sale in Miami, FL increased by 8.3% between September 2024 and October 2024. While the average time on the market in October 2024 was 60 days, the median list price was $560,436.

From Rocket Homes Real Estate and based on county public records data.

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