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159 NE 6th St Unit 2905, Miami, Florida 33132

Active For Sale
$980,000
  • Beds 2
  • Baths 2
  • Sq Ft 837 Sqft
  • Visits: 3 in 9 days

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.rnThe 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.rnFuture 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.

Features

  • Swimming Pool: Association
  • Heating System: Central
  • Cooling System: Central Air
  • Pet Policy: No
  • Security: Security Guard, Key Card Entry, Door Man
  • Patio: Balcony, Open
  • Parking: Guest, Valet
  • Furnished: Furnished

Appliances

  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer, Disposal

Address Map

  • Country: US
  • State: FL
  • County: Miami-Dade
  • City: Miami
  • Subdivision: Natiivo / Gale Residences
  • Zipcode: 33132
  • Street: 6th St
  • Street Number: 159
  • Floor Number: 0
  • Longitude: W81° 48' 23''
  • Latitude: N25° 46' 27''
  • UnitNumber: 2905
  • Street Dir Prefix: NE
  • MLS Area: 41

MLS Addon

  • Architectural Style: High Rise
  • Association Amenities: Elevator(s), Fitness Center, Pool, Sauna, Business Center
  • Association Fee: $2,100
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Amenities, Internet, Pool(s), Sewer, Water, Cable Tv, Hot Water
  • Close Price: $0
  • Exterior Features: Balcony, Security/high Impact Doors
  • Flooring: Ceramic Tile
  • Insurance Expense: $0
  • Interior Features: Bedroom On Main Level, First Floor Entry, Living/dining Room, Bar
  • Listing Terms: Cash, Conventional
  • New Taxes Expense: $0
  • Stories Total: 51
  • Tax Annual Amount: $11,208
  • Tax Year: 2025
  • Utilities: Cable Available

Location

Listing Updated: 2025-12-13 03:30:08

  • Parent : 159:NE:6th ST:33132:Miami
  • Property Type : Condominium
  • Property Sub Type : Condominium
  • Listing Type : For Sale
  • Listing ID : A11929508
  • Price : $980,000
  • View : Bay, City
  • Bedrooms : 2
  • Bathrooms : 2
  • Full Bathrooms : 2
  • Half Bathrooms : 0
  • Square Footage : 837 Sqft
  • Year Built : 2024
  • Lot Area : 0 Acre
  • Listing Status : Active
  • Days On Market : 8
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