Project Description:
Gale Miami is a one-of-a-kind hybrid hospitality residential experience. A response to the growing need for short-term rental Residences in Downtown Miami, Gale features traditional hotel rooms as well as hotel residences, where guests and residents alike will be immersed in the boutique hotel brands’ signature locally inspired style and all- encompassing “live, stay, work and play” mentality.
All residences are featuring panoramic Biscayne Bay and the Miami skyline views, with Modern and fantastic amenities and common areas. Gale’s location is unparalleled for Airbnb: the epicenter of Downtown Miami means always having the best of the city nearby, including the Miami World Center, which has the incredible 7th street promenade, and offers an array of shopping, dining, commercial, and green open spaces.
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CraneSpotters Preconstruction Condo Project Overview
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Condo Description |
Details |
PROJECT NAME |
Gale Miami Hotel and Residences |
ADDRESS |
159 NE 6 Street, Miami, Fl 33132 |
SUBMARKET |
Greater Downtown Miami |
COUNTY |
Miami-Dade |
WATERFRONT PROJECT |
No |
TYPE OF WATERFRONT? |
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NUMBER OF TOWERS |
1 |
TOTAL FLOORS (BY ELEVATOR) |
51 |
TOTAL RESIDENTIAL UNITS |
160 |
BED RANGE |
Studios,1, 1 plus Den & 2 Bedrooms |
RANGE OF SQUARE FEET |
389 TO 910 |
UNIT TYPE – TOTAL UNITS – SQUARE FEET |
1 BED – XX – X,XXX SF |
UNIT TYPE – TOTAL UNITS – SQUARE FEET |
2 BED – XX – X,XXX SF |
UNIT TYPE – TOTAL UNITS – SQUARE FEET |
3 BED – XX – X,XXX SF |
UNIT TYPE – TOTAL UNITS – SQUARE FEET |
4 BED – XX – X,XXX SF |
MINIMUM PRICE PER UNIT |
$ 582,000 |
MONTHLY MAINTENANCE FEE PER UNIT |
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MONTHLY MAINTENANCE FEE PER SQUARE FOOT |
TBD |
TURNKEY READY |
Yes |
PROPERTY AMENITIES |
- Approved for short-term rentals.
- Double-height lobby with floor-to-ceiling windows
- 24-hour welcome desk
- 24-hour valet parking
- 24-hour secure access
- Advanced technology smart-building with high-speed fiber-optic wireless internet access throughout common areas
- Cutting-edge green building technology
- Six high-speed passenger elevators with access control
- On-site hospitality management
- Over 9,000 sq ft of ground level retail with known food and beverage offerings
- Three floors of dedicated amenity space including wellness, culinary, conference center and pool
- Flexible ballrooms
- Multiple private meeting & boardrooms
- Video capable conference rooms
- 9th Floor outdoor restaurant with retractable roof
- Glamorous steakhouse
- Craft cocktail lounge
- Media lounge
- Bodega Taqueria
- Ground floor coffee shop
- 16,000 sq ft poolside retreat with cabanas
- Pool restaurant and bar
- Outdoor terrace/training
- Yoga studio
- Fully equipped, state-of-the-art fitness center
- Hammam spa, sauna, steam rooms & treatment rooms
- Private beach club access on Miami Beach
- Kids’ playroom
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WATER VIEWS |
Bay From High Floors |
PETS PERMITTED |
TBD |
MAXIMUM NUMBER OF PETS |
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RENTAL TIMES PER YEAR |
365 |
TOTAL ONSITE PARKING SPACES |
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FIRST DEPOSIT % |
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SECOND DEPOSIT % |
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THIRD DEPOSIT % |
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FOURTH DEPOSIT % |
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TOTAL DEPOSIT % |
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UNIT FINANCING AVAILABLE |
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RECOMMENDED LENDERS |
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PROJECT STATUS |
Under Construction |
PRESALES UNDERWAY? |
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RATIO OF PRESALES |
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SCHEDULED CONSTRUCTION START |
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SCHEDULED COMPLETION DATE |
2024 |
YEAR COMPLETED |
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DEVELOPER |
Sixth Street Miami Partners LLC
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COUNTRY OF DEVELOPER |
United States |
DEVELOPER FEE % |
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ARCHITECT |
Arquitectonica |
ARCHITECTURAL FIRM |
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GENERAL CONTRACTOR |
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DATE OF GROUNDBREAKING PARTY |
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NOTICE OF COMMENCEMENT FILED |
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DATE CRANE ERECTED |
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DATE OF CONDO DECLARATION FILING |
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DATE OF CONDO LAUNCH PARTY |
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DATE OF TOPPING OFF |
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DATE OF FIRST RECORDED TRANSACTION |
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LEAD LENDER |
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LEAD LOAN AMOUNT |
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DATE OF LEAD LOAN |
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SECONDARY LENDER |
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SECONDARY LOAN AMOUNT |
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DATE OF SECONDARY LOAN |
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CONDO PROJECT WEBSITE |
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INHOUSE SALES BROKERAGE |
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INHOUSE SALES REPRESENTATIVE |
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INHOUSE SALES REP TELEPHONE |
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INHOUSE SALES REP EMAIL ADDRESS |
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INHOUSE SALES BROKERAGE ADDRESS |
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BUYSIDE COMMISSION % |
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PRICING SURVEY DATE |
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MINIMUM PRICE PER DOOR |
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MINIMUM PRICE PER SQUARE FOOT |
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SALES RATION |
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COMMISSION % |
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INCENTIVES |
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