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227 NE 2nd Street 2506, Miami, FL 33132
Active
252 Days on Market
Virtual Tour
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All Listings

$539,000

227 NE 2nd Street 2506

Miami, FL 33132

YOTEL

Explore the area: Miami homes for sale · Miami Dade County real estate

How this price compares

List price
$539,000
Price per sq ft
$833
Vs. nearby sales
65.3% above
Days on market
252

This 2-bedroom condo in ZIP 33132 is listed at $539,000, or $833 per square foot. The asking price has come down 6.6% from its original $577,000. It has been on the market for 252 days. The 6 most recent condo sales in the closings shown below sold at a median of $504 per square foot, so the asking price is 65.3% above what comparable homes here actually sold for.

2
Bedrooms
2
Bathrooms
647
Living Sq Ft
2022
Year Built

Estimated monthly payment

$2,833 /mo

Principal and interest only, based on $107,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $1,079/mo HOA are not included.

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Listing Snapshot

Price
$539,000
Days on Site
252 Days
Bedrooms
2
Total Baths
2
Full Baths
1
Partial Baths
1
Living Area
647 sqft
Total Sq Ft
647 sqft
Year Built
2022
Property Type
Condo
MLS #
A11945739
Property Tax
$8,841 (2025)
HOA Fees
$1,079 / Monthly
Subdivision
YOTEL
County
Miami Dade
Status
Active
Special Conditions
Real Estate Owned / Listed As Is

About This Property

Beautiful two-bedroom residence located in the heart of Downtown. Short-term rentals are permitted. The unit is fully furnished and currently operating as a long-term rental. Please contact us for rental details.The property is currently leased at $4,600 per month from September 2025 through September 2026, providing guaranteed income for the buyer.

MLS media link

General Features

Property Type
Condo
Status
Active
Year Built
2022
Number of Stories
31
Garage Spaces
0
Parking
Valet
Living Sq Ft
647
Total Sq Ft
647

Interior Features

Appliances
Dryer / Dishwasher / Electric Range / Microwave / Refrigerator / Washer
Cooling
Central Air
Heating
Central
Flooring
Ceramic Tile
Interior Features
Elevator / Main Level Primary / Bar

Exterior Features

Construction
Block
Exterior Features
Balcony / Barbecue / Outdoor Living Area
Pool Features
Association
Patio & Porch
Deck / Open / Balcony
View
Skyline

Community & HOA

HOA Fee
$1,079 / Monthly
HOA Includes
Cable Tv / Internet / Pools / Security
Association Amenities
Business Center / Fitness Center / Pool / Elevators
Community Features
Home Owners Association
Security
Closed Circuit Cameras / Security Guard
Pets Allowed
No Pet Restrictions / Yes
Financing Terms
Cash / Conventional
Restrictions
Ok To Lease
MLS Area
2420

Schools

Elementary School
Frederick Douglass
Middle School
Jose De Diego
High School
Booker T. Washington

Browse Miami homes for sale across every neighborhood and price point in Miami-Dade. Available homes span single-family, townhome, and condo segments throughout the city. Miami includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Miami-Dade, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Miami-Dade market data, see Florida Realtors' monthly statistics. Browse the latest Miami listings below. Then connect with a Pure Equity agent to schedule a private showing.

Homes for Sale
9,370
Under Contract
1,779
Median List Price
$645,000
Median Sale Price (September)
$592,500
Median $/Sq Ft
$509
Avg Days on Market
144
View all 9,370 homes for sale in Miami →
How do I schedule a tour of 227 NE 2nd Street 2506, Miami, FL 33132?
Use the Tour button on this listing to request a showing of 227 NE 2nd Street 2506, Miami, FL 33132. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 227 NE 2nd Street 2506, Miami, FL 33132 still available?
227 NE 2nd Street 2506, Miami, FL 33132 is currently listed as Active, and has been on the market 252 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 227 NE 2nd Street 2506, Miami, FL 33132?
With 20% down ($107,800) on the $539,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 227 NE 2nd Street 2506, Miami, FL 33132 is about $2,833/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 227 NE 2nd Street 2506, Miami, FL 33132?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 227 NE 2nd Street 2506, Miami, FL 33132. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 227 NE 2nd Street 2506, Miami, FL 33132 have an HOA fee?
Yes: 227 NE 2nd Street 2506, Miami, FL 33132 carries an HOA fee of about $1,079 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 227 NE 2nd Street 2506, Miami, FL 33132?
227 NE 2nd Street 2506, Miami, FL 33132 is zoned for Frederick Douglass (elementary), Jose De Diego (middle), Booker T. Washington (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 227 NE 2nd Street 2506, Miami, FL 33132?
Often, yes. The right offer on 227 NE 2nd Street 2506, Miami, FL 33132 depends on how it's priced against comparable condo sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Authentic Real Estate Team

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.

$539,000

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Listed by Alejandro Azuero, Authentic Real Estate Team

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