$398,000

159 6th St #4010, Miami, FL 33132

Baths
1
Living area
367 ft²
Price per ft²
$1,084 / ft²
Type
Condo
Year built
2024
HOA
$1,354 / mo HOA
On market
276 days on market
MLS #
A11933463

Brand new studio residence at Gale Residences, completed in 2024 and never previously occupied. This unit is offered fully furnished and turn-key, ready for immediate use or rental. The residence is approved for short-term rentals with no rental restrictions, allowing daily, weekly, and monthly rentals. Ideal for owners seeking flexibility for personal use and income-producing opportunities. Located in the heart of Downtown Miami, the unit offers views of the Miami skyline and Biscayne Bay and is surrounded by world-class dining, entertainment, and cultural destinations. Conveniently located near Miami Worldcenter, Kaseya Center, Bayside Marketplace, the Brightline Station, and major transportation corridors. Gale Residences offers over 70,000 square feet of amenities, including five on-site restaurants and bars, a resort-style pool, state-of-the-art fitness center, full-service spa, 24/7 concierge services, and electric vehicle charging stations. A rare opportunity to own a new construction, short-term rental–approved residence in one of Miami’s fastest-growing neighborhoods. Suitable for investors, second-home buyers, or primary residents seeking flexibility and convenience.

The MiamiLi Read

The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.

  • Price per square footThe asking price per ft² on this listing is $1,084. The median for recorded sales in the same ZIP codes is $845/ft² — putting it 28% above the median.
  • Position in the area’s price distributionThe asking price is $398,000; the median of recorded sales in the area is $526,000 (1,789 sales). On raw price that is 24% below the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $1,354 per month comes to $16,248 a year — 4.1% of the asking price. That amount is deducted from rental yield.

How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.

Scope: ZIP codes 33128, 33131, 33132 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.

Monthly mortgage payment

Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.

30%$119,400
Term

6.95% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced September 17, 2026.

Estimated monthly payment$1,844
Loan amount
$278,600
Total interest over the term
$385,307
Total repaid
$663,907

Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.

Miles Goldstein Real Estate

Listing data provided by the Southeast Florida MLS (MIAMI REALTORS®) IDX feed. Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited.

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