Trinity Southern Sells Condo Unit 402 & 403 In Miami Beach For $3,761,550 With Albert Bell's Representation
2901 Indian Creek Drive
$3,761,550
$1,801/SF
Building Size
2,088 SF
Asset Type
Condo
Closing
Apr 15, 2026
AI
The property asset involved in this transaction is a condo located at 2901 Indian Creek Drive Unit 402 & 403 in Miami Beach. The unit has a sale price of $3,761,550 and encompasses 2,088 square feet, resulting in a price per square foot of $1,801.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $3,761,550
- Square Footage: 2,088
- Price per Square Foot: $1,801
- Seller: Trinity Southern
- Broker: Albert Bell - The Nicolas Group - Serhant
- Date of Sale: 04/16/2026
- Market: Miami Beach
Albert Bell from The Nicolas Group - Serhant represented the seller, Trinity Southern, in this transaction. The property, located within a collection of luxury residences, offers residents exclusive access to the Beach Club at The Miami Beach EDITION, enhancing the living experience. The completion of the project is scheduled for 2027.
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
4.22%
Cash-on-Cash
-1.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93