159 NE 6th St 4010, Miami, FL 33132 — MLS photo

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159 NE 6th St 4010, Miami, FL 33132

Active · Condominium

$398,000

159 NE 6th St 4010, Miami, FL 33132

Beds
0
Baths
1
Living area
367 sq ft
$ / sq ft
$1,084/sq ft
Year built
2024
Lot size
—
HOA fee
$1,354 Monthly
Annual tax
$6,256

About this property

Brand new studio residence at Gale Residences, completed in 2024 and never previously occupied. This unit is offered fully furnished and turn-key, ready for immediate use or rental. The residence is approved for short-term rentals with no rental restrictions, allowing daily, weekly, and monthly rentals. Ideal for owners seeking flexibility for personal use and income-producing opportunities. Located in the heart of Downtown Miami, the unit offers views of the Miami skyline and Biscayne Bay and is surrounded by world-class dining, entertainment, and cultural destinations. Conveniently located near Miami Worldcenter, Kaseya Center, Bayside Marketplace, the Brightline Station, and major transportation corridors. Gale Residences offers over 70,000 square feet of amenities, including five on-site restaurants and bars, a resort-style pool, state-of-the-art fitness center, full-service spa, 24/7 concierge services, and electric vehicle charging stations. A rare opportunity to own a new construction, short-term rental–approved residence in one of Miami’s fastest-growing neighborhoods. Suitable for investors, second-home buyers, or primary residents seeking flexibility and convenience.

Property location

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159 NE 6th St 4010, Miami, FL 33132

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Facts & features

Interior

Bedrooms
0
Bathrooms
1
Living area
367 sq ft
Flooring
Ceramic Tile
Appliances
Built In Oven, Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
Cooling
Electric
Heating
Electric
Interior features
Bedroom On Main Level, Living Dining Room, Tub Shower
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
2024
Stories
50
Architectural style
High Rise
Construction
Block
Exterior features
Balcony
View
City, Other

Parking

Garage spaces
0
Covered spaces
0
Parking features
Valet

HOA, Community & Financials

Association fee
$1,354 Monthly
Fee inclusions
Hot Water, Insurance, Internet, Sewer, Water
Amenities
Business Center, Clubhouse, Elevators, Fitness Center, Other, Playground
Security
Door Man, Key Card Entry, Lobby Secured
Pets allowed
Conditional, Yes
Annual tax
$6,256
Subdivision
Gale Residences
County
Miami-Dade
Days on market
269
MLS listing ID
A11933463
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

-$2,415

Cap rate
-1.6%
Net yield
-1.6%
Cash-on-cash return
-26.0%
Gross yield
5.3%
Mortgage payment
$1,887/mo
Down payment
$99,500
Loan amount
$298,500
Annual NOI
-$6,336

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