2829 Indian Creek Dr 1002, Miami Beach, FL 33140 — MLS photo

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2829 Indian Creek Dr 1002, Miami Beach, FL 33140

Active · Condominium

$478,000

2829 Indian Creek Dr 1002, Miami Beach, FL 33140

Beds
1
Baths
2
Living area
950 sq ft
$ / sq ft
$503/sq ft
Year built
1968
Lot size
—
HOA fee
$1,130
Annual tax
—

About this property

Gorgeous one-bedroom condo at Clearview Towers in Miami Beach, offering stunning views of the Indian Creek waterway, the Downtown Miami skyline, and Miami Beach. This beautifully renovated unit boasts impact windows and doors, along with a large, modern kitchen perfect for cooking and entertaining. The spacious primary bedroom features a renovated en-suite bathroom. There is a half bath for guests and a washer and dryer hookup inside the condo for added convenience. The building has successfully completed its 50-year recertification and has recently undergone renovations to the pool and common areas. Enjoy the flexibility to live full-time or rent immediately, up to 4 times/year. Includes one assigned, covered parking space. Newly renovated amenities include a pool, gym, and sauna. Cross the street to the beach and enjoy easy access to all that Miami Beach offers. One block to the ocean, The Edition, beach boardwalk and a few blocks to the Faena District.

Property location

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2829 Indian Creek Dr 1002, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
950 sq ft

Exterior & Structure

Property type
Condominium
Year built
1968

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,130
County
Miami-Dade
MLS listing ID
A12004072
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

-$1,709

Cap rate
1.4%
Net yield
1.4%
Cash-on-cash return
-15.3%
Gross yield
7.6%
Mortgage payment
$2,266/mo
Down payment
$119,500
Loan amount
$358,500
Annual NOI
$6,682

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