4015 Indian Creek Dr 106, Miami Beach, FL 33140 — MLS photo

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4015 Indian Creek Dr 106, Miami Beach, FL 33140

Active · Condominium

$229,000

4015 Indian Creek Dr 106, Miami Beach, FL 33140

Beds
0
Baths
1
Living area
401 sq ft
$ / sq ft
$571/sq ft
Year built
1960
Lot size
—
HOA fee
$215 Monthly
Annual tax
$3,307

About this property

Beautifully furnished and move-in ready, this turnkey studio sits in the vibrant heart of Miami Beach. With no rental restrictions in the building, it’s a standout opportunity for investors looking for instant income potential. Just one block from the beach and surrounded by acclaimed dining, hotels, and nightlife, it also serves as the perfect second-home escape in a premier location.

Property location

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4015 Indian Creek Dr 106, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
0
Bathrooms
1
Living area
401 sq ft
Flooring
Tile, Vinyl
Appliances
Electric Range, Microwave, Refrigerator
Cooling
Electric, Wall Window Units
Heating
Electric, Wall Furnace
Interior features
Bedroom On Main Level, First Floor Entry

Exterior & Structure

Property type
Condominium
Year built
1960
Stories
3
Construction
Block
Exterior features
Fence
View
None

Parking

Garage spaces
0
Covered spaces
0
Parking features
None

HOA, Community & Financials

Association fee
$215 Monthly
Fee inclusions
Common Areas, Insurance, Sewer, Trash, Water
Amenities
Elevators
Security
Elevator Secured, Lobby Secured
Pets allowed
No, Yes
Annual tax
$3,307
Subdivision
LA FLEURETTE
County
Miami-Dade
Days on market
220
MLS listing ID
A12012373
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

-$493

Cap rate
3.1%
Net yield
3.1%
Cash-on-cash return
-9.2%
Gross yield
7.1%
Mortgage payment
$1,086/mo
Down payment
$57,250
Loan amount
$171,750
Annual NOI
$7,112

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