Trinity Southern Sells Miami Beach Condos For $3.2M With Seller's Rep Albert Bell
2901 Indian Creek Drive
$3,200,000
$1,834/SF
Building Size
1,744 SF
Asset Type
Condo
Closing
May 19, 2026
AI
2901 Indian Creek Drive Unit 301 & 302 is a condo located in Miami Beach. The property encompasses 1,744 square feet and was sold for $3,200,000, resulting in a price per square foot of $1,834. Scheduled for completion in 2027, this condo is part of an intimate collection of luxury residences known as 29 Indian Creek, offering a limited number of pied-à-terre opportunities. Residents will have exclusive access to the Beach Club at The Miami Beach EDITION, enhancing the living experience.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $3,200,000
- Address: 2901 Indian Creek Drive Unit 301 & 302
- Market: Miami Beach
- Seller: Trinity Southern
- Seller's Representative: Albert Bell - The Nicolas Group - Serhant
- Broker: Jeanie Vidaurreta - Compass
- Square Footage: 1,744
- Price per Square Foot: $1,834
Albert Bell represented the seller, Trinity Southern, in this transaction while Jeanie Vidaurreta served as the broker. The deal emphasizes the appeal of the luxury residences in a prime Miami Beach location.
Players
Market Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93