Condo in Miami, Florida, 2 bedrooms № 1988758

Condo in Miami, Florida, 2 bedrooms  № 1988758
ID1988758 $ 980 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
1988758

Property 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 #: A11929508
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CityMiami
Address159 NE 6th St # 2905, Miami FL 33132
TypeCondominium
Bedrooms2
Living space77.76 m²
  • sq. ft
Completion dateIV quarter, 2024
Price
  • Price
  • per m²
$ 980 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
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