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$980,000
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Property Description
Exceptional turnkey investment opportunity in Downtown Miami.This fully furnished 2-bedroom, 2-bathroom residence has delivered outstanding short-term rental performance, achieving nearly 70% occupancy in 2025 - an exceptional result for the market. The unit is ready to operate from day one, offering immediate income potential with no setup required.A rare highlight: the property is not enrolled in the Gale hotel program, a significant strategic advantage within the building. This allows the owner to bypass high hotel management fees and retain full control over pricing and operations through a third-party manager, resulting in stronger net returns.Future reservations can be transferred to the new owner at closing, providing instant cash flow with no ramp-up period. In a building where most units are contractually tied to the hotel program, this flexible and investor-friendly structure stands out as a truly rare opportunity for those seeking strong cash flow, lower operating costs, and long-term upside in a prime short-term rental-approved asset.
Full Property Details
Full Property Details for 159 NE 6th St #2905
General
- Price: $980,000
- HOA FEE: $2,100/month
- Taxes: $11,208 (2025)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A11929508
- Updated: 12/15/2025
- Added to Site: 42 day(s) ago
Interior
- Interior Features: First Floor Entry
- Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
- Furnished: Yes
- Furnishings: Furnished
- Flooring: Ceramic Floor
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Primary Bathroom: Shower Only
Bedrooms
- Total Bedrooms: 2
- Bedroom Features: Entry Level, Primary Bath Shower
Other Rooms
- Dining Room: Dining/Living Room
Additional Information
- Shared Amenities: Bar, Business Center, Elevator(s), Exercise Room, Pool, Sauna
- Maint. Includes: All Amenities, Cable Tv, Hot Water, Internet/WiFi, Pool Service, Sewer, Water
- Security/Safety: Doorman, Card Entry, Guard At Site
Exterior
- Exterior Features: Open Balcony
- Deck/Patio: Open Balcony
Parking
- Parking Features: Guest, Valet, No Rv/Boats, No Trucks/Trailers
Location
- Area: Natiivo / Gale Residences
- County: Miami-Dade County
- Subdivision: Natiivo / Gale Residences, Natiivo / Gale
- Building Name: Natiivo / Gale Residences
Community
- Community Name: Natiivo / Gale Residences
- Association: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Structural Information
- Architectural Style: High Rise
- Structure Type: Condo-Hotel, Condo
- Detached/Attached: Attached
- Construction: Concrete Block Construction
- Doors: High Impact Doors
- Entry Floor Number: 29
- Building Size: 837
- Square Feet: 837
- Sq. Ft. Source: Developer
- Living Area: 837 Sq. Ft.
- Year Built: 2024
- Property Condition: New Construction
Lot Features
- Property View: Bay, Skyline
Water Features
- Water View: Yes
Financial Considerations
- Price Per Sq. Ft.: $1,170.85
- Association Fee: $2,100
- Assoc Fee Freq.: Monthly
- Tax Amount: $11,208
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: 159 NE 6TH STREET CONDO UNIT 2905 UNDIV 0.251400% INT IN COMMON ELEMENTS OFF REC 34032-4160
- Restrictions: Daily Rentals Allowed, No Trucks/Rv'S, Ok To Lease
- Inclusions: None
- Property ID: 01-41-37-079-1180
Listed by AMG International Realty
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Schools
Schools serving 159 NE 6th St #2905
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Frederick R. Douglass Elementary School 314 Northwest 12th Street, Miami, FL 33136 | PK-5 | 0.7 mi |
Jose De Diego Middle School 3100 Northwest 5th Avenue, Miami, FL 33127 | 6-8 | 2 mi |
Booker T. Washington Senior High School 1200 Northwest 6th Avenue, Miami, FL 33136 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 159 NE 6th St #2905
Date
Details
Price
Change
Source
12/05/2025
Listed
$980,000
26.8%
MLS
9/23/2024
Sold
$772,900
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 159 NE 6th St #2905
Year
Property Taxes
Change
Tax Assessment
Change
2024
$725
—
$35,450
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 159 NE 6th St #2905
159 NE 6th St #2905, Miami, FL 33132 (MLS# A11929508) is a Condo property with 2 bedrooms and 2 full bathrooms. 159 NE 6th St #2905 is currently listed for $980,000 and was received on December 05, 2025. Want to learn more about 159 NE 6th St #2905? Do you have questions about finding other Condo real estate for sale in Allapattah? You can browse all Allapattah real estate or contact a Coldwell Banker agent to request more information.

