Cays Realty
5970 Indian Creek Dr 302, Miami Beach, FL 33140 — MLS photo

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5970 Indian Creek Dr 302, Miami Beach, FL 33140

Active · Condominium

$849,000

5970 Indian Creek Dr 302, Miami Beach, FL 33140

Beds
3
Baths
3
Living area
1,420 sq ft
$ / sq ft
$598/sq ft
Year built
2004
Lot size
—
HOA fee
$1,702 Monthly
Annual tax
$8,072

About this property

Spacious 3/3 corner unit in a boutique condo on Millionaire’s Row with heated rooftop pool overlooking Indian Creek & city skyline. Building offers fitness center, sauna/steam, hot tub, dock, boat slips, kayak/bike racks, 24-hr security & valet. Features 2 ensuite master bedrooms, 3 full baths, marble floors/showers, 9 ft ceilings, granite countertops, whirlpool tub, custom cabinetry, washer/dryer, and floor-to-ceiling glass doors opening to terraces with stunning views. Public beach access steps away. Opportunity to buy an available Boat-slip in the building trough a different owner.

Property location

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5970 Indian Creek Dr 302, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
3
Bathrooms
3
Living area
1,420 sq ft
Flooring
Marble
Appliances
Built In Oven, Dryer, Dishwasher, Electric Range, Refrigerator, Washer
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Breakfast Bar, Bidet, Built In Features, Breakfast Area, Bathtub, Closet Cabinetry, Eat In Kitchen, Kitchen Dining Combo, Pantry, Split Bedrooms, Separate Shower, Walk In Closets
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
2004
Stories
6
Construction
CBSConcrete Block Structure, Block
Exterior features
Storm Security Shutters
Pool
Heated
Waterfront
Canal Front, Intracoastal Access, Intersecting Canal
View
Bay, Intercoastal

Parking

Garage spaces
1
Covered spaces
1
Parking features
One Space

HOA, Community & Financials

Association fee
$1,702 Monthly
Fee inclusions
Cable Tv, Insurance, Internet, Reserve Fund, Sewer, Trash, Water
Amenities
Boat Dock, Bike Storage, Fitness Center, Other, Pier, Pool, Sauna, Spa Hot Tub, Storage, Trash, Elevators
Security
Intercom, Lobby Secured, Phone Entry, Fire Sprinkler System, Smoke Detectors
Pets allowed
Conditional, Yes
Annual tax
$8,072
Subdivision
NAUTICA CONDO
County
Miami-Dade
Days on market
385
MLS listing ID
A11885641
Listing status
Active

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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

-$2,493

Cap rate
2.2%
Net yield
2.2%
Cash-on-cash return
-12.6%
Gross yield
6.9%
Mortgage payment
$4,025/mo
Down payment
$212,250
Loan amount
$636,750
Annual NOI
$18,384

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.