227 NE 2 ST 1607, Miami, FL 33132

Parcel: 0142060701180 · Residential · Condominium - Residential · Zoning: 6401

Assessed Value (2025)
$281,897

Property Details

Baths
1
Living Sqft
386
Year Built
2022
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$270,000
2022-06-23
NE 2ND ACQUISITION LLCYE HE
2
$395,600+47%
2023-07-26
YE HESIMCHA HOLDING LLC
3
$395,600
2023-08-04

Tax Assessment History

$281,897
Assessed (2025)
$281,897
Market Value
$281,897
Taxable Value
$5,739
Annual Tax
2024
$306,410
2025
$281,897
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $281,897 $281,897 $281,897 $5,739
2024 $306,410 $306,410 $306,410 $6,238

About 227 NE 2 ST 1607, Miami, FL 33132

227 NE 2 ST 1607, Miami, FL 33132 is a residential - total value : condominium - residential built in 2022 with 386 square feet of living space. The property is currently owned by SIMCHA HOLDING LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2023-08-04 for $395,600. There are 3 recorded sales for this property. The 2025 assessed value is $281,897 with a market value of $281,897.

The assessed value decreased 8% from $306,410 in 2024. This property is located in FEMA Flood Zone X, which indicates minimal flood risk. Flood insurance is typically not required for properties in Zone X.

The median household income in this area is $115,521, and the median home value is $442,900. The population density is 24,468 people per square mile. There are active mortgage liens totaling $150,834 recorded against this property.

227 NE 2 ST 1607, Miami, FL 33132 is located in Miami, Florida. Property records, tax assessments, sales history, and ownership information for this Miami property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2022 to 2023, with 3 recorded transactions in the public record.

The current assessed value represents 71% of the most recent sale price. Based on the most recent sale, this property traded at $1025 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

SIMCHA HOLDING LLC
11520 SW 22 CT, DAVIE, FL, 33325
Since: 2026-03-29
View owner profile →

People Behind This Entity

Registered Agent: LICHAN SAUVEUR
View on Sunbiz →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$2,091 — $3,800
Flood $400 — $800
Property/Wind $1,691 — $3,000

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$115,521
Median Home Value$442,900
Pop. Density24,468/sq mi

Neighborhood 33132

21.2%
Owner-Occ
78.8%
Investor
432
Flips (4yr)
11,877
New Biz (3yr)
Distress Risk
HIGH
69
View full risk analysis →

Mortgages

ACTIVE 4.375% rate
$162,000
~$150,834 bal.
FLORIDA HOME TRUST MORTGAGE INC · 2022-07-08
Est. Total Balance $150,834
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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