Atlantic Luxury Advisors
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27 photos

601 1st #4712

Miami, FL 33132

$550,000
1
1
411 sq ft
2024
1 car
Condominium
$796/mo
Yes
Yes
79
Active

Listing courtesy of The Rausch Real Estate Top Gun (Moris Rafailov). Contact: [email protected].

About this home

Perfectly suited for Airbnb investors, this studio unit at Gale Miami Hotel and Residences is a short-term rental dream! Fully furnished and approved for short-term stays, this property offers great income potential through platforms like Airbnb or VRBO. With the option to join the hotel's rental program, you can benefit from professional management while maximizing returns. The unit features modern finishes, breathtaking views of Miami's skyline, and access to five-star amenities, including a pool, spa, gym, and private beach club. Positioned in the heart of Downtown Miami, this is the ultimate investment opportunity! Brand new construction building ! across from the Miami Heat Arena !

What it costs to own
Estimated monthly payment
$4,703/mo
Principal and interest
$2,781
Property tax
$784
Homeowners insurance
$342
HOA
$796

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
$9,410/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
$796/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.