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Active
Condominium
$565,000$873 / sqft

227 NE 2nd St # 2206, Miami FL 33132

2
Bedrooms
2
Bathrooms
647 sqft
Interior
2022
Year built
$1,022 / mo
HOA
Condominium
Type

About this home

Fully furnished 2-bedroom, 1.5-bath residence offering stunning views and exceptional flexibility for personal use or investment. This move-in ready unit allows short-term rentals (Airbnb, VRBO, Expedia) as well as long-term leasing, with no rental restrictions. Currently a matured Airbnb with consistent back-to-back bookings, providing strong passive income potential. Residents enjoy premium amenities including a fitness center, resort-style pool, on-site dining, and 24/7 front desk service. Located in a highly walkable area with restaurants, shopping, entertainment, and daily conveniences just steps away. High income property with excellent returns. Ideal for investors seeking income and appreciation, or buyers looking for a versatile second home in a high-demand location.

Features

  • Lobby
  • Elevator
  • Walk-In Closet(s)
  • Other
  • Other View

Estimated loan & HOA

$3,879

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

Principal & interest
$2,857
HOA
$1,022 / 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
Sigma Real Estate & Investment

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.