About YotelPad Miami
Developed by Aria Development Group & AQARAT · Designed by Stantec
YotelPad Miami is a 31-story mixed-use tower at 227 NE 2nd Street, combining 222 YOTEL-branded hotel rooms with 231 condo residences (“PADs”), developed by Aria Development Group and AQARAT and designed by Stantec. Completed in 2022, it was one of the first flexible, short-term-rental-friendly condo-hotel projects in Downtown Miami’s urban core.
Building Fees & Assessments
MLS listings for YotelPad Miami have shown a median association fee around $1.64/sqft/month -- shown per square foot, not as a flat dollar figure, since that's comparable across unit sizes rather than skewed by whichever units happen to be listed right now. This is a point-in-time reference, not a live figure, and can change over time. Confirm the current fee for a specific unit before making an offer.
Specific reserve fund balances, pending special assessments, and financial statements aren't public MLS data -- request them directly from the condo association or your agent before making an offer.
Rental Potential
See the live "Monthly rental from" figure above for YotelPad Miami's current lowest asking rent, and the market snapshot's closed-lease count and median rent for actual rental demand over the trailing 12 months -- both update automatically, unlike a number written here. Specific rental rules -- minimum lease term, rentals allowed per year, and whether short-term/Airbnb-style rentals are permitted -- are set by the condo association and vary by building. Verify current rental restrictions directly with the association before buying as an investment.
Frequently Asked Questions
Is YotelPad Miami pet-friendly?
Yes, YotelPad Miami is generally pet-friendly. Verify current pet rules and any breed or weight restrictions directly with the building association before purchasing.
Can I rent out my unit at YotelPad Miami?
Long-term rentals are generally permitted at YotelPad Miami, though minimum lease terms and any short-term rental restrictions vary by building. Verify the current rental policy directly with the association before purchasing as an investment.
What is a YotelPad "PAD" unit?
The building's condo residences (as opposed to its 222 separately-operated YOTEL hotel rooms) -- studios to two-bedrooms, 417 to 708 square feet, marketed with flexible/short-term rental friendliness as one of the first projects of its kind in Downtown Miami.
Reviewed by Carlos Olivares, FL License #3051724. Last updated September 2026.