159 NE 6th St
Miami, FL 33132
$980,000
Active
2 Beds
2 Baths
837 Sq Ft
Est. Payment: $5,085/mo
20% down • 30-yr fixed @ 6.75% • Customize
20% down • 30-yr fixed @ 6.75% • Customize
Property Details & Specifications
Property Type
Condominium
Bedrooms
2
Bathrooms
2
Living Area
837 sqft
Year Built
2024
Garage
0 spaces
Price/Sqft
$1,171
MLS #
A11929508
Construction
Concrete Block Construction
Roof
Flooring
Ceramic Floor
Appliances
Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
About This Home
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.
The information displayed on this page is based on data from the MIAMI Association of Realtors® (MIAMIRE) Multiple Listing Service. While deemed reliable, all information including price, square footage, features, and availability should be independently verified. Listings may be subject to errors, omissions, or changes without notice. The Mambuca Group is not a licensed real estate brokerage and displays this data through an authorized IDX data feed. Copyright 2025 MIAMI Association of Realtors®. All rights reserved.
Elite Mortgage & Realtor Partners
FEATURED
Elsy Mantecon, Senior Mortgage Lender
Phone: 305-815-9814 Email: elsymantecon123@gmail.com View ProfileFEATURED
