159 NE 6th St 3406, Miami, FL 33132 — MLS photo

Get More Info About This Property

159 NE 6th St 3406, Miami, FL 33132

Active · Condominium

$329,000

159 NE 6th St 3406, Miami, FL 33132

Beds
0
Baths
1
Living area
374 sq ft
$ / sq ft
$880/sq ft
Year built
2024
Lot size
—
HOA fee
$958 Monthly
Annual tax
$6,011

About this property

DRASTICALLY REDUCED FOR QUICK SALE-RENTED AT $2500 UNTIL 2/28/2027, BUYER HAS TO ASSUME CURRENT LEASE-Discover the ultimate urban retreat at Gale Miami Hotel & Residences. This high-floor studio (Unit 3406) offers breathtaking, unobstructed views of Biscayne Bay, PortMiami, and the glittering city skyline. One of the building’s most distinct advantages is its liberal rental policy, allowing owners to maximize income via short-term rentals. The residence is delivered fully finished and furnished with curated interiors by Urban Robot. Highlights include 9-foot ceilings, floor-to-ceiling impact glass, and sleek porcelain wood-grain flooring. The modern kitchen features Italkraft cabinetry and professional-grade appliances, while the spa-style bathroom is finished with custom vanities and frameless glass. Residents enjoy over 70,000 sq. ft. of amenities, including a tropical resort pool, a state-of-the-art wellness center, and a private social club, all located at the epicenter of Downtown Miami near the Kaseya Center and Miami Worldcenter.

Property location

Get Directions

159 NE 6th St 3406, Miami, FL 33132

Loading property location…

Facts & features

Interior

Bedrooms
0
Bathrooms
1
Living area
374 sq ft
Flooring
Ceramic Tile
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Bedroom On Main Level, Living Dining Room, Tub Shower
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
2024
Stories
51
Architectural style
High Rise
Construction
Block
Exterior features
Balcony
Pool
Association
View
Bay, Skyline

Parking

Garage spaces
0
Covered spaces
0
Parking features
Other

HOA, Community & Financials

Association fee
$958 Monthly
Fee inclusions
Association Management, Amenities, Common Areas, Cable Tv, Hot Water, Internet, Maintenance Grounds, Maintenance Structure, Pools, Recreation Facilities, Sewer, Trash, Water
Amenities
Fitness Center, Playground, Pool, Sauna, Spa Hot Tub, Elevators
Security
Closed Circuit Cameras, Elevator Secured, Security Guard, Fire Sprinkler System, Smoke Detectors
Pets allowed
No
Annual tax
$6,011
Subdivision
NATIIVO / GALE RESIDENCES
County
Miami-Dade
Days on market
184
MLS listing ID
A12005823
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

-$1,790

Cap rate
-0.8%
Net yield
-0.8%
Cash-on-cash return
-23.3%
Gross yield
5.8%
Mortgage payment
$1,560/mo
Down payment
$82,250
Loan amount
$246,750
Annual NOI
-$2,768

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