159 NORTH EAST 6TH ST #2905, Miami
$980,000 USD 2 2
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| Address | 159 NORTH EAST 6TH ST #2905, Miami |
| Building Name | Natiivo / Gale Residences |
| Type of Property | Condominium |
| Price | $980,000 |
| Property Status | Active |
| MLS Number | A11929508 |
| Bedrooms Number | 2 |
| Full Bathrooms Number | 2 |
| Living Area | 837 |
| Year Built | 2024 |
| Folio Number | 01-41-37-079-1180 |
| Days on Market | 1 |
Detailed 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.
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Address Information
| State | Florida |
| City | Miami |
| County | Miami-Dade County |
| Zip Code | 33132 |
| Address | 159 NORTH EAST 6TH ST |
| Section | 37 |
| Zip Code (4 Digits) | 1898 |
Financial Information
| Price | $980,000 |
| Price per Foot | $0 |
| Folio Number | 01-41-37-079-1180 |
| Maintenance Charge Month | $2,100 |
| Association Fee Paid | Monthly |
| Association Fee | $2,100 |
| Tax Amount | $11,208 |
| Tax Year | 2025 |
| Possession Information | Funding |
Full Descriptions
| Detailed 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. |
| Property View | Bay, Skyline |
| Water Access | None |
| Floor Description | Ceramic Floor |
| Interior Features | First Floor Entry |
| Exterior Features | Open Balcony |
| Furnished Information | Furnished |
| Equipment Appliances | Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer |
| Amenities | Bar, Business Center, Elevator (s), Exercise Room, Pool, Sauna |
| Cooling Description | Central Air |
| Heating Description | Central |
| Parking Description | Guest, Valet, No Rv / Boats, No Trucks / Trailers |
| Pet Restrictions | No |
Property parameters
| Bedrooms Number | 2 |
| Full Baths Number | 2 |
| Balcony Includes | 1 |
| Living Area | 837 |
| Year Built | 2024 |
| Type of Property | Condominium |
| Building Name | Natiivo / Gale Residences |
| Development Name | Natiivo / Gale Residences,Natiivo / Gale |
| Construction Type | Concrete Block Construction |
| Street Direction | North East |
| Listed with | AMG International Realty |