Trinity Southern Sells Condo At 2901 Indian Creek Drive For $3.85M With Richard Greenfield As Seller's Rep
2901 Indian Creek Drive
$3,850,000
$1,869/SF
Building Size
2,059 SF
Asset Type
Condo
Closing
Aug 14, 2025
AI
The asset involved in the transaction is a condo located at 2901 Indian Creek Drive Unit 602 in the Miami Beach market. The sale price of the property was $3,850,000, with a total square footage of 2,059, resulting in a price per square foot of $1,869.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $3,850,000
- Address: 2901 Indian Creek Drive Unit 602
- Market: Miami Beach
- Square Footage: 2,059
- Price per Square Foot: $1,869
- Seller: Trinity Southern
- Buyer's Representative: Brandon Goldfarb - Douglas Elliman
- Seller's Representative: Richard Greenfield - Serhant
This transaction featured key individuals including Brandon Goldfarb, who represented the buyer, and Richard Greenfield, who represented the seller, providing a vital link in the successful completion of the deal. Their respective agencies, Douglas Elliman and Serhant, played important roles in facilitating the transaction.
Players
Miami Beach 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
4.12%
Cash-on-Cash
-1.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93