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0
Bedrooms
1
Bathrooms
367 sqft
Interior
2024
Year built
$1,354 / mo
HOA
Condominium
Type
About this home
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.
Features
- No Interior Features
- Open Balcony
- Other View
- Skyline
Leasing
- Minimum lease
- 1 day
- Leases permitted per year
- 365
- Ok To Lease
- Okay To Lease 1st Year
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for studio rentals across Miami-Dade, from 200 active listings; the middle half ask $2,000–$3,000.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.