159 NE 6th St 3302, Miami, FL 33132 — MLS photo

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159 NE 6th St 3302, Miami, FL 33132

Active · Condominium

$899,000

159 NE 6th St 3302, Miami, FL 33132

Beds
2
Baths
2
Living area
977 sq ft
$ / sq ft
$920/sq ft
Year built
2024
Lot size
—
HOA fee
$686
Annual tax
—

About this property

NOT in hotel program! Enjoy complete control of your nightly rates and book 90–100% of the time with a straightforward, owner-controlled strategy, or enjoy it yourself. This fully furnished, turnkey, high-floor corner residence at The Gale Miami, formerly Natiivo, is one of the building’s most sought-after layouts for short-term rentals. The two-bedroom, two-bathroom residence features European finishes, floor-to-ceiling windows, panoramic Biscayne Bay and Miami skyline views, and two private balconies. Residents and guests enjoy more than 70,000 square feet of resort-style amenities, including the elevated Gale Swim Club pool deck, Gale Wellness spa with hammam, sauna, steam room and treatment rooms, a 24-hour fitness center, outdoor training terrace, co-working and social lounges, concierge, valet and bellman services. The Gale is home to some of Downtown Miami’s most exciting dining and nightlife destinations, including the hottest Japanese Steakhouse, Yamashiro, Casa Gianna, Café Gianna, and the Tokyo-inspired 400 Vinyl Room. Located across from Kaseya Center and moments from Miami Worldcenter, Bayside Marketplace, Bayfront Park, Brightline, PortMiami, shopping, dining and nightlife. List the residence on your favorite short-term rental platforms to generate income while away and enjoy it whenever you are in Miami. A rare opportunity combining a premier Downtown location, luxury resort amenities, exceptional views and true short-term rental flexibility.

Property location

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159 NE 6th St 3302, Miami, FL 33132

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
977 sq ft

Exterior & Structure

Property type
Condominium
Year built
2024

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$686
County
Miami-Dade
MLS listing ID
A11885832
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

-$3,088

Cap rate
1.6%
Net yield
1.6%
Cash-on-cash return
-14.7%
Gross yield
5.6%
Mortgage payment
$4,262/mo
Down payment
$224,750
Loan amount
$674,250
Annual NOI
$14,089

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