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Condominium at 159 NE 6th St # 4212, Miami FL 33132Active
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Condominium
$410,000$1,117 / sqft

159 NE 6th St # 4212, Miami FL 33132

0
Bedrooms
1
Bathrooms
367 sqft
Interior
2024
Year built
$939 / mo
HOA
Condominium
Type

About this home

Positioned on the 42nd floor of the iconic Gale Miami Hotel & Residences, this beautifully designed and fully furnished turnkey studio offers an exceptional opportunity for both lifestyle and investment in the heart of Downtown Miami. Featuring sleek modern finishes, curated furnishings, and sweeping city views, this residence is designed for effortless ownership and strong guest appeal. Ideally located steps from Miami Worldcenter, Kaseya Center, Brickell, Bayside, the Brightline station, and Miami’s top dining, entertainment, nightlife, and cultural destinations, the property places residents and visitors at the center of Miami’s rapidly transforming urban core. Miami Beach, Wynwood, the Design District, and Miami International Airport are all within minutes. Perfect as a private Miami retreat, income-producing investment, or hybrid lifestyle asset, the building allows both owner-managed and third-party managed short-term rentals, offering rare flexibility for investors. The unit is currently operating as a successful short-term rental, and the future owner may retain current management for a seamless transition, including future confirmed reservations and booked revenue from day one. Offered fully furnished and move-in ready, this is a rare opportunity to acquire a proven income-producing property in one of Downtown Miami’s most desirable hospitality-driven developments.

Features

  • Elevator
  • Studio Apartment
  • Open Balcony
  • Bay
  • Skyline
  • Water View

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$3,012

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$2,073
HOA
$939 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Opa Locka Real Estate LLC

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management

Cap rate
Cash-on-cash
Monthly cash flow
Net operating income

Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.

Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.

Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.