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2901 Indian Creek Drive

SOLDCondo

Trinity Southern Sells Miami Beach Condo For $2,804,400 With Seller's Rep Richard Greenfield

2901 Indian Creek Drive

$2,804,400

$1,900/SF

Building Size

1,476 SF

Asset Type

Condo

Closing

Apr 10, 2026

AI

This transaction involves a condo located at 2901 Indian Creek Drive Unit 601 in Miami Beach. The asset was sold for $2,804,400 and has a total square footage of 1,476, resulting in a price per square foot of $1,900.

Summary of transation details:

  • Property Type: Condo
  • Transaction Amount: $2,804,400
  • Address: 2901 Indian Creek Drive Unit 601
  • Market: Miami Beach
  • Seller: Trinity Southern
  • Seller's Representative: Richard Greenfield - Serhant
  • Scheduled Completion: 2027

Richard Greenfield represented the seller, Trinity Southern, in this transaction. The property is part of an exclusive collection of luxury residences, with limited pied-à-terre opportunities remaining. Residents will benefit from exclusive access to the Beach Club at The Miami Beach EDITION, providing a resort-style experience.

Players

Richard Greenfield

Serhant

Broker

$3.9M

vol

1 deal

Broker
TS
Trinity SouthernSeller

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

5.66%

Cash-on-Cash

-1.62%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93