Interior
- Bedrooms
- 0
- Bathrooms
- 1
- Living area
- 315 sq ft
Active · Condominium
$182,500
3801 Indian Creek Dr 201, Miami Beach, FL 33140
- Beds
- 0
- Baths
- 1
- Living area
- 315 sq ft
- $ / sq ft
- $579/sq ft
- Year built
- 1940
- Lot size
- —
- HOA fee
- $410
- Annual tax
- —
About this property
Cozy studio located in a very quiet area of mid-beach. Views of the canal/waterway and just steps from the Ocean and the elegant Faena district. With ample storage, this turnkey rental is a great opportunity for an investor or weekend getaway in a prime location. Short-term rentals ARE allowed. CASH ONLY. Association is in the middle of its 40 year certification, there is little to no reserves currently.
Property location
Get Directions3801 Indian Creek Dr 201, Miami Beach, FL 33140
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1940
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $410
- County
- Miami-Dade
- MLS listing ID
- A11393226
- Listing status
- Active
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$709
- Cap rate
- 1.0%
- Net yield
- 1.0%
- Cash-on-cash return
- -16.6%
- Gross yield
- 7.0%
- Mortgage payment
- $865/mo
- Down payment
- $45,625
- Loan amount
- $136,875
- Annual NOI
- $1,879
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.