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2901 Indian Creek Drive

Trinity Southern Sells Condo At 2901 Indian Creek Drive For $3.85M With Richard Greenfield As Seller's Rep
SOLDCondo

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

Brandon Goldfarb

Douglas Elliman

Broker

$3.9M

vol

1 deal

Broker
Serhant
SerhantBrokerage

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