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Listed price in listed location currency (USD).
$980,000

220

MLS® A11929508

  • Key Facts
  • Description
  • Map

Key Facts

Type Condominium
Levels Residential
Size 837 sqft
Garage No
HOA Fees $2,100
Taxes $11,208
Days Active 2
Approx. Age 2024
Avg. Price Per Sqft $1,170
MLS® Number A11929508

Property Address: unit-2905-159 Ne 6th St, Miami, FL, 33132-1898

Average square foot calculated using Size range provided by listing agent.

Description

This 2-bedroom, 2-bathroom residence has delivered excellent investment performance, generating strong revenue with nearly 70% occupancy in 2025, an outstanding result for a short-term rental property in Downtown Miami. Offered fully furnished and turnkey, the unit is ready to continue operating from day one. The property is not enrolled in the Gale hotel program, a rare and strategic advantage within the building. This allows the owner to avoid the hotel’s high management fees and maintain full control over pricing and operations through a third-party manager, resulting in more efficient net returns. Future reservations may be transferred to the new owner at closing, providing immediate income with no ramp-up period. In a building where most units are contractually tied to the hotel program, this flexible structure stands out as a compelling opportunity for investors seeking strong cash flow, lower costs, and long-term upside in a prime short-term-rental–friendly asset.
MLS® NumberA11929508
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2024
Stories51
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

None

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 12, 2025List Date
$980,000List Price

Home Appraisal

This property is estimated to sell between: $509,000 and $1,216,000.
Similar properties in this area sold on average for: $509,675
Expected to sell in 432 days. Similar properties sold in 434 days. This home has been on eXp Realty for 2 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
159 Ne 6 Th St, Miami, FL

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