159 NE 6th St 2903, Miami, FL 33132 — MLS photo

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159 NE 6th St 2903, Miami, FL 33132

Active · Condominium

$485,000

159 NE 6th St 2903, Miami, FL 33132

Beds
0
Baths
1
Living area
463 sq ft
$ / sq ft
$1,048/sq ft
Year built
2024
Lot size
—
HOA fee
$1,004
Annual tax
—

About this property

Brand new unit at Gale Residences (Natiivo) — a fully furnished, turnkey studio located in the heart of Downtown Miami. This modern residence features a unique layout with a bedroom area thoughtfully separated from the living space, plus a sofa bed to comfortably accommodate guests, enhancing rental income potential. Enjoy top-tier amenities including gourmet dining, a cutting-edge fitness center, resort-style pool, full-service spa with hammam, and 24/7 concierge service. With no rental restrictions, this is a prime investment opportunity just steps from the Kaseya Center, Miami World Center, Bayside, and more.

Property location

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159 NE 6th St 2903, Miami, FL 33132

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Facts & features

Interior

Bedrooms
0
Bathrooms
1
Living area
463 sq ft

Exterior & Structure

Property type
Condominium
Year built
2024

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,004
County
Miami-Dade
MLS listing ID
A11843939
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$2,404

Cap rate
-0.3%
Net yield
-0.3%
Cash-on-cash return
-21.2%
Gross yield
5.4%
Mortgage payment
$2,299/mo
Down payment
$121,250
Loan amount
$363,750
Annual NOI
-$1,254

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.