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Active
Condominium
$525,000$1,042 / sqft

159 NE 6th St # 5008, Miami FL 33132

1
Bedrooms
1
Bathrooms
504 sqft
Interior
2024
Year built
$1,293 / mo
HOA
Condominium
Type

About this home

Penthouse Collection | PH 5008 | Daily Rental Luxury Residence Exceptional investment opportunity at Gale Miami Hotel & Residences, one of Downtown Miami's premier Airbnb-friendly luxury buildings where daily rentals are permitted. Suited for investors or snowbirds seeking a turnkey Miami retreat with income potential. Exclusive to the Penthouse Collection, this fully furnished 1-bedroom, 1-bath residence features soaring ceilings, Sub-Zero & Wolf appliances, Terrazzo countertops, and designer Restoration Hardware (RH) furnishings. In the heart of Downtown Miami, minutes from Miami Worldcenter, Kaseya Center, PortMiami, Brickell, Miami Beach, and MIA. Enjoy a resort-style pool, luxury spa, fitness center, valet, coworking spaces, and 24-hour concierge.

Features

  • First Floor Entry
  • Elevator
  • 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

$3,948

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

Principal & interest
$2,655
HOA
$1,293 / 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
Beycome of Florida 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.