Interior
- Bedrooms
- 3
- Bathrooms
- 3
- Living area
- 1,230 sq ft
- Flooring
- Tile
- Appliances
- Dryer, Dishwasher, Electric Range, Microwave
- Cooling
- Central Air
- Heating
- Central
- Interior features
- Bedroom On Main Level, High Ceilings, Other, Bar
- Furnished
- Furnished
Active · Condominium
$1,189,000
159 NE 6th St 2816, Miami, FL 33132
- Beds
- 3
- Baths
- 3
- Living area
- 1,230 sq ft
- $ / sq ft
- $967/sq ft
- Year built
- 2024
- Lot size
- —
- HOA fee
- $2,300 Monthly
- Annual tax
- $972
About this property
Turnkey investment opportunity at the Gale Residences Downtown Miami. This fully furnished corner 3-bedroom, 3-bathroom residence showcases panoramic city and bay views, sleek modern finishes, and a bright open layout. Ideal for investors, the property allows daily rentals with no restrictions, offering strong short-term income potential and flexible personal use. Located close to the Miami Worldcenter, top shopping and dining, airports, and cruise terminals, this hotel-branded residence delivers resort-style amenities and consistent demand from both leisure and business travelers.
Property location
Get Directions159 NE 6th St 2816, Miami, FL 33132
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 2024
- Stories
- 45
- Architectural style
- High Rise
- Construction
- Block
- Exterior features
- Balcony, Security High Impact Doors
- Pool
- Association
- Waterfront
- Bayfront
- View
- Bay, City, Water
Parking
- Garage spaces
- 0
- Covered spaces
- 0
- Parking features
- One Space
HOA, Community & Financials
- Association fee
- $2,300 Monthly
- Fee inclusions
- Hot Water, Insurance, Internet, Maintenance Grounds, Water
- Amenities
- Clubhouse, Fitness Center, Other, Pool, Sauna, Spa Hot Tub
- Security
- Door Man, Elevator Secured, Security Guard, Fire Sprinkler System
- Pets allowed
- Conditional, Yes
- Annual tax
- $972
- Subdivision
- N/A
- County
- Miami-Dade
- Days on market
- 271
- MLS listing ID
- A11905314
- Listing status
- Active
Virtual tour
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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
-$3,775
- Cap rate
- 1.9%
- Net yield
- 1.9%
- Cash-on-cash return
- -13.6%
- Gross yield
- 5.5%
- Mortgage payment
- $5,636/mo
- Down payment
- $297,250
- Loan amount
- $891,750
- Annual NOI
- $22,332
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.