Atlantic Luxury Advisors
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159 6th St #5015

Miami, FL 33132

$1,700,000
3
2.5
1,246 sq ft
2024
Condominium
$2,800/mo
168
Active

Listing courtesy of Florida Best Realty, Inc. (Viacheslav Kutsenko). Contact: [email protected].

About this home

Luxury 3-Bedroom Penthouse on the 50th Floor | Short-Term Rental Approved Exceptional opportunity to own a 3-bedroom penthouse on the 50th floor in Gale Miami, one of the few luxury buildings in Downtown Miami officially approved for short-term rentals. This high-floor residence offers breathtaking panoramic views of the city skyline and water, abundant natural light, and a modern open layout designed for both comfort and functionality. The penthouse features a spacious living and dining area, a contemporary kitchen with premium finishes, and three well-proportioned bedrooms ideal for owner-occupants or high-end rental guests. Elevated ceilings and floor-to-ceiling windows enhance the sense of space and exclusivity. Residents and guests enjoy hotel-style amenities, including a resort-style pool, state-of-the-art fitness center, spa, concierge services, and a professionally managed environment. The building allows daily, weekly, and monthly rentals, making it a rare asset suitable for primary residence, second home, or income-producing investment. Located in the heart of Downtown Miami, just minutes from Brickell, Bayside, Wynwood, Port of Miami, and major transportation routes. Strong rental demand year-round. A true turnkey penthouse combining luxury living and investment flexibility.

What it costs to own
Estimated monthly payment
$15,019/mo
Principal and interest
$8,596
Property tax
$2,556
Homeowners insurance
$1,067
HOA
$2,800

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$30,673/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
$2,800/mo (from the listing)
FEMA flood zone
Zone X, minimal risk

Outside the special flood hazard area. Flood insurance is optional.

Hurricane evacuation zone
Zone B: ordered to evacuate for Category 1 hurricanes and stronger.

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.