Trinity Southern Sells Condo At 2901 Indian Creek Drive For $2.85M With Richard Greenfield As Seller's Rep
2901 Indian Creek Drive
$2,850,000
$1,962/SF
Building Size
1,452 SF
Asset Type
Condo
Closing
Jul 28, 2026
About this deal
AI
A condo located at 2901 Indian Creek Drive Unit 501 in Miami Beach has been sold for $2,850,000. The property covers a space of 1,452 square feet, resulting in a price per square foot of $1,962. The transaction took place within the Miami Beach market.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $2,850,000
- Square Footage: 1,452
- Price Per Square Foot: $1,962
- Seller: Trinity Southern
- Seller's Representative: Richard Greenfield - Serhant
The seller, Trinity Southern, was represented in the transaction by Richard Greenfield from Serhant. Notably, the building is described as a boutique, design-forward setup on prestigious Indian Creek Drive, with owners receiving a private membership to the Beach Club at the Miami Beach Edition, located nearby.
On the Map
$2,850,000
$1,962/SF
Condo
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Players
Miami Beach Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $2K per square foot on a published $2.9M for 1,452 square feet (2026).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.57%
Cash-on-Cash
-1.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93