Trinity Southern Sells Condo At 2901 Indian Creek Drive In Miami Beach For $8.1M
2901 Indian Creek Drive
$8,100,000
$1,829/SF
Building Size
4,428 SF
Asset Type
Condo
Closing
Feb 8, 2026
AI
The property involved in this transaction is a condo located at 2901 Indian Creek Drive Penthouse in the Miami Beach market. The sale price reached $8,100,000, with a total area of approximately 4,352 square feet, translating to a price per square foot of $1,861.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $8,100,000
- Address: 2901 Indian Creek Drive Penthouse
- Market: Miami Beach
- Seller: Trinity Southern
- Buyer's Representative: Kathrin Rein - Keller Williams Realty
- Seller's Representative: Albert Bell - Serhant
- Square Footage: 4,352
- Price Per Square Foot: $1,861
In this transaction, Albert Bell from Serhant represented the seller, Trinity Southern, while Kathrin Rein from Keller Williams Realty represented the buyer. The deal transpired in a boutique, design-forward building that offers select owners exclusive membership to the Beach Club at the Miami Beach Edition, situated nearby.
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
1.96%
Cash-on-Cash
-0.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93