227 NE 2nd St, #1606, Miami, FL, 33132 | $615,000

Short-term stays (Airbnb, VRBO, Expedia) with no rental restrictions, 2 Bed 1. 5 Bath is located within close distance to Bayfront Park& many of the sights and sounds of the city. Yotel offer luxurious amenities such as pools, fitness centers, spa services concierge, restaurant, bar and security 24/7 gym. You will be 15 min from lots of neighborhoods such as Wynwood, Brickell and Design District. Also conveniently located near to Miami Beach and the Miami International Airport. Downtown Miami is a central and strategic location, making it easy to access various parts of the city and neighboring areas. Downtown Miami is home to numerous cultural attractions, including museums, theaters, art galleries, and cultural events.

Features

  • Heating: Electric
  • Cooling: Electric
  • Levels: 31
  • Amenities: Business Center,Clubhouse,Fitness Center,Playground,Pool,Sauna,Spa/Hot Tub,Trash,Elevator(s)
  • Bedrooms: 2
  • Baths: 1 full / 1 half
  • Complex: YOTEL PAD MIAMI
  • Year Built: 2022
  • Approx Sq. Feet: 647
  • Est. Taxes: $8,624
  • View: City
  • Pets Allowed: Yes
  • Pet Policy: Conditional,Yes
  • Appliances: Dryer,Dishwasher,Electric Range,Ice Maker,Microwave,Refrigerator,Washer
  • MLS#: A11901870
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/A11901870/227ne2ndst_miami_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MIAMI Association of REALTORS. The information being provided is 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.
Listing courtesy of Beachfront Realty Inc   Phone: 305-405-0615

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Pedro DelgadilloInsurance Sales Director, William Raveis Insurance

305.922.5393

Pedro.Delgadillo@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

227 NE 2nd St, #1606, Miami, FL, 33132

$615,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $492,000 $492,000 $492,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.625% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.609% 6.887% 6.078%
Monthly Tax Payment $719 $719 $719
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,029 $3,150 $4,119
Total Monthly Payment $3,840 $3,961 $4,930

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.