Miami, FL 33132,159 NE 6th St #2905
Miami, FL 33132,159 NE 6th St #2905
Miami, FL 33132,159 NE 6th St #2905
Miami, FL 33132,159 NE 6th St #2905
Miami, FL 33132,159 NE 6th St #2905
Miami, FL 33132,159 NE 6th St #2905
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$ 980,000
Est. payment | /mo

2 Beds

2 Baths

837 SqFt


$ 980,000
Est. payment | /mo

2 Beds

2 Baths

837 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 837 sqft

Price per Sqft $1,170

Subdivision Natiivo / Gale Residences

MLS Listing ID A11929508

Style High Rise

Bedrooms 2

Full Baths 2

HOA Fees $2,100/mo

HOA Y/N Yes

Min Days of Lease 1

Leases Per Year 365

Year Built 2024

Annual Tax Amount $11,208

Tax Year 2025

Property Sub-Type Condominium

Property Description

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

State FL

County Miami-dade

Community Natiivo / Gale Residences

Area 41

Interior

Interior Features Bedroom on Main Level, First Floor Entry, Living/Dining Room, Bar

Heating Central

Cooling Central Air

Flooring Ceramic Tile

Furnishings Furnished

Appliance Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer

Exterior

Exterior Feature Balcony, Security/High Impact Doors

Pool Association

Utilities Available Cable Available

Amenities Available Business Center, Elevator(s), Fitness Center, Pool, Sauna

View Y/N Yes

View Bay, City

Porch Balcony, Open

Garage No

Private Pool Yes

Building

Architectural Style High Rise

Structure Type Block

Others

Pets Allowed No

HOA Fee Include Amenities,Cable TV,Hot Water,Internet,Pool(s),Sewer,Water

Senior Community No

Restrictions Daily Rentals Allowed,No RV,No Truck,OK To Lease

Tax ID 01-41-37-079-1180

Security Features Door Man,Key Card Entry,Security Guard

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Listed As-Is

Pets Allowed No

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11929508

Miami Association of Realtors (SEFMIAMI MLS)
Listed by AMG International Realty

Learn More About LPT Realty

Jason Rodriguez
Jason Rodriguez

License ID: SL#3532798

+1(305) 803-9181

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159 NE 6th St #2905