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
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