Turnkey investment opportunity at the Gale Residences Downtown Miami. This fully furnished corner 3-bedroom, 3-bathroom residence showcases panoramic city and bay views, sleek modern finishes, and a bright open layout. Ideal for investors, the property allows daily rentals with no restrictions, offering strong short-term income potential and flexible personal use. Located close to the Miami Worldcenter, top shopping and dining, airports, and cruise terminals, this hotel-branded residence delivers resort-style amenities and consistent demand from both leisure and business travelers.
New construction
Price cut: $101K (4/16)
$1,299,000
159 NE 6th St #2816, Miami, FL 33132
3beds
1,230sqft
Condominium
Built in 2024
-- sqft lot
$1,242,200 Zestimate®
$1,056/sqft
$2,300/mo HOA
What's special
Sleek modern finishesBright open layout
- 254 days |
- 36 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Carlos Fernandez 786-514-3136,
Douglas Elliman
Source: MIAMI,MLS#: A11905314
Originating MLS: A-Miami Association of REALTORS
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Electric Range
Features
- Volume Ceilings
- Flooring: Tile
- Doors: High Impact Doors
- Furnished: Yes
- Common walls with other units/homes: Corner Unit
Interior area
- Total structure area: 1,230
- Total interior livable area: 1,230 sqft
Video & virtual tour
Property
Parking
- Parking features: 1 Space
Features
- Exterior features: Balcony
- Pool features: Association
- Spa features: Community
- Has view: Yes
- View description: Bay, Skyline, Water
- Has water view: Yes
- Water view: Bay,Water
- Waterfront features: Bay
- Frontage type: Bay/Harbor
Details
- Parcel number: 0141370794250
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Concrete Block Construction, CBS Construction
Condition
- New Construction
- New construction: Yes
- Year built: 2024
Community & HOA
Community
- Security: Fire Sprinkler System, Doorman, Elevator Secure, Security Guard
- Application fee: $150
- Pet fee: $0
- Subdivision: N/A
HOA
- Has HOA: Yes
- Amenities included: Bar, Community Room, Fitness Center, Other, Pool, Sauna, Spa/Hot Tub
- HOA fee: $2,300 monthly
Location
- Region: Miami
Financial & listing details
- Price per square foot: $1,056/sqft
- Tax assessed value: $848,000
- Annual tax amount: $972
- Date on market: 10/31/2025
- Listing terms: All Cash,Conventional
Estimated market value
Zestimate®
$1,242,200
Estimated sales range
$1.18M - $1.30M
Rent Zestimate®
$6,874/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/16/2026 | Price change | $1,299,000-7.2%$1,056/sqft |
Source: | ||
| 12/8/2025 | Price change | $1,400,000-11.7%$1,138/sqft |
Source: | ||
| 10/31/2025 | Listed for sale | $1,585,000+54%$1,289/sqft |
Source: | ||
| 7/5/2024 | Sold | $1,029,000$837/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $17,280 +1677.3% | $848,000 +1684.8% |
| 2024 | $972 | $47,511 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Downtown
Nearby schools
GreatSchools rating
- 5/10Frederick R. Douglass Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 3/10Jose De Diego Middle SchoolGrades: 6-8Distance: 2 mi
- 4/10Booker T. Washington Senior High SchoolGrades: 9-12Distance: 0.9 mi
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