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
About this deal
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.
On the Map
$3,850,000
$1,869/SF
Condo
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Players
Miami Beach Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $1.9K per square foot on a published $3.9M for 2,059 square feet (2025).
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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