Active · Condominium
$349,000
159 NE 6th St 1920, Miami, FL 33132
- Beds
- 0
- Baths
- 1
- Living area
- 332 sq ft
- $ / sq ft
- $1,051/sq ft
- Year built
- 2024
- Lot size
- —
- HOA fee
- $929 Monthly
- Annual tax
- $8,987
About this property
Ready to generate immediate rental income: Turnkey investor opportunity! Fully furnished modern condo with NO short-term rental restrictions (daily rentals allowed on Airbnb/VRBO). Features floor-to-ceiling windows, stunning skyline and bay views, luxury finishes, and vibrant natural light. Prime Downtown Miami location within walking distance to Kaseya Center, museums, and fine dining. Enjoy resort-style amenities including a rooftop pool, state-of-the-art fitness center, spa, and valet parking.
Interior & exterior features
Appliances
- Microwave
Cooling
- Central Air
- Electric
Heating
- Central
- Electric
Views
- Other
- Skyline
Parking
- Valet
Interior features
- Built In Features
- Bedroom On Main Level
- Elevator
- First Floor Entry
- Tub Shower
- Bar
Exterior features
- Security High Impact Doors
Pool
- Association
Flooring
- Ceramic Tile
- Laminate
construction
- CBSConcrete Block Structure
- Block
security
- Fire Alarm
- Lobby Secured
- Smoke Detectors
association_amenities
- Fitness Center
- Barbecue
- Picnic Area
- Pool
- Elevators
association_fee_includes
- Amenities
- Common Areas
- Maintenance Structure
- Sewer
- Water
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
-$2,135
- Cap rate
- -1.7%
- Net yield
- -1.7%
- Cash-on-cash return
- -26.2%
- Gross yield
- 5.4%
- Mortgage payment
- $1,654/mo
- Down payment
- $87,250
- Loan amount
- $261,750
- Annual NOI
- -$5,762
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.