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$639,000

Est. payment - /mo

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1 Bed

1 Bath

Active

159 NE 6th St #5104 Miami, FL 33132

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Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Subdivision Gale Hotel & Residences

MLS Listing ID A11993139

Style High Rise,Penthouse

Bedrooms 1

Full Baths 1

HOA Fees $1,541/mo

HOA Y/N Yes

Min Days of Lease 1

Leases Per Year 365

Year Built 2024

Annual Tax Amount $8,905

Tax Year 2025

Property Sub-Type Condominium

Property Description

Positioned as a true income-producing asset, this 51st-floor Penthouse residence at Gale/Natiivo Miami offers immediate cash flow with a long term tenant through January 2027, providing stable income from day one. The condo is currently leased at $3,150/mo, with market rents estimated at $3,800+ per month, presenting an opportunity to increase returns upon renewal. The unit reflects strong demand within one of Downtown Miami's most sought-after high-rise buildings. This furnished 1-bedroom, 1-bath residence spans 653 sqft and features floor-to-ceiling windows with expansive west-facing sunset views. Designed for both comfort and rental efficiency, the unit includes a king-size bed, in-unit washer/dryer, and a modern, functional layout. Gale/Natiivo Miami is well known for its flexible rental structure, allowing for short-term and daily rentals, offering investors multiple income strategies. Owners also have the ability to independently manage, creating additional control and potential for higher returns. Residents & guests enjoy access to premium amenities including a rooftop pool with panoramic views, spa, fitness center, co-working spaces, and on-site dining. Centrally located in Downtown Miami, just moments from the Port of Miami, Kaseya Center, and top dining and entertainment, this property combines immediate income, future rental upside, and long-term appreciation potential. A compelling opportunity for investors seeking a stabilized asset with built-in income growth.

Location

State FL

County Miami-dade

Community Gale Hotel & Residences

Area 41

Direction Google Maps

Interior

Interior Features Elevator, Living/Dining Room, Bar

Heating Central

Cooling Central Air

Flooring Tile

Furnishings Furnished

Window Features Impact Glass

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

Exterior

Exterior Feature Balcony

Parking Features Attached

Garage Spaces 1.0

Pool Association

Utilities Available Cable Available

Amenities Available Business Center, Fitness Center, Pool, Sauna, Spa/Hot Tub, Elevator(s)

View Y/N Yes

View Bay, City, Water

Porch Balcony, Open

Garage Yes

Private Pool Yes

Building

Faces West

Architectural Style High Rise, Penthouse

Structure Type Block

Others

Pets Allowed Conditional, Yes

HOA Fee Include Amenities,Common Areas,Cable TV,Hot Water,Insurance,Internet,Pool(s),Water

Senior Community No

Restrictions Daily Rentals Allowed,Limited Number Vehicles,No Restrictions,Okay to Lease 1st Year

Tax ID 01-41-37-079-1120

Security Features Door Man,Lobby Secured,Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Listed As-Is

Pets Allowed Conditional, Yes

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11993139

Miami Association of Realtors (SEFMIAMI MLS)

Listed by Coldwell Banker Realty

NEARBY SCHOOL & BUSINESS

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RealEZtate Pros

+1(480) 420-9486

159 NE 6th St #5104 Miami, FL 33132

RealEZtate Pros

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

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