All listings
Active
Active1 / 40
Photo 1 of 40
3
Bedrooms
3
Bathrooms
1,246 sqft
Interior
2024
Year built
$2,800 / mo
HOA
Condominium
Type
About this home
Luxury 3-Bedroom Penthouse on the 50th Floor | Short-Term Rental Approved Exceptional opportunity to own a 3-bedroom penthouse on the 50th floor in Gale Miami, one of the few luxury buildings in Downtown Miami officially approved for short-term rentals. This high-floor residence offers breathtaking panoramic views of the city skyline and water, abundant natural light, and a modern open layout designed for both comfort and functionality. The penthouse features a spacious living and dining area, a contemporary kitchen with premium finishes, and three well-proportioned bedrooms ideal for owner-occupants or high-end rental guests. Elevated ceilings and floor-to-ceiling windows enhance the sense of space and exclusivity. Residents and guests enjoy hotel-style amenities, including a resort-style pool, state-of-the-art fitness center, spa, concierge services, and a professionally managed environment. The building allows daily, weekly, and monthly rentals, making it a rare asset suitable for primary residence, second home, or income-producing investment. Located in the heart of Downtown Miami, just minutes from Brickell, Bayside, Wynwood, Port of Miami, and major transportation routes. Strong rental demand year-round. A true turnkey penthouse combining luxury living and investment flexibility.
Features
- Lobby
- Closet Cabinetry
- Elevator
- Open Balcony
- Bay
- Intracoastal View
- Ocean View
Leasing
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,300–$11,900.That is what landlords ask, not what units let for — edit it if you know better.
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 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. We are not a lender and neither offer nor arrange financing. 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.