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159 NE 6th St # 2905, Miami FL 33132

Condo/Co-op For Sale
$980,000

BTC: 10.76923077

ETH: 490.00000000

2 days
2 bds
2 ba
837 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

This 2-bedroom, 2-bathroom residence has delivered excellent investment performance, generating strong revenue with nearly 70% occupancy in 2025, an outstanding result for a short-term rental property in Downtown Miami. Offered fully furnished and turnkey, the unit is ready to continue operating from day one. The property is not enrolled in the Gale hotel program, a rare and strategic advantage within the building. This allows the owner to avoid the hotel’s high management fees and maintain full control over pricing and operations through a third-party manager, resulting in more efficient net returns. Future reservations may be transferred to the new owner at closing, providing immediate income with no ramp-up period. In a building where most units are contractually tied to the hotel program, this flexible structure stands out as a compelling opportunity for investors seeking strong cash flow, lower costs, and long-term upside in a prime short-term-rental–friendly asset.

Location

Florida • Miami • 33132 • Condo/Co-op • For Sale

Facts and features

Type:
Residential
Parking:
Guest / Valet / No Rv/Boats / No Trucks/Trailers
Year Built:
2024
Lot:
No Data
Heating:
Central
Price/sqft:
$1,171
Cooling:
Central Air
HOA:
$2,100
All facts and features

  • Flooring

    • Ceramic Floor

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Microwave

    • Electric Range

    • Refrigerator

    • Washer

    Other interior features

    • First Floor Entry

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • Guest

    • Valet

    • No Rv/Boats

    • No Trucks/Trailers

    Property

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 01-41-37-079-1180

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $2,100

    • HOA Frequency: Monthly

    • Annual tax amount: $11,208

  • Source details

    • MLS ID: A11929508

    Other facts

    • Construction Materials: Concrete Block Construction

    • Patio And Porch Features: Open Balcony

    • Architectural Style: High Rise

    • Living Area: 837

    • Subdivision Name: Natiivo / Gale Residences,Natiivo / Gale

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: AMG International Realty