6881 Indian Creek Dr
Miami Beach, FL 33141
6881 Indian Creek Drive · Multifamily Property For Sale
·
30 Units
Property Facts
| No. Units | 30 | Lot Size | 0.27 AC |
| Property Type | Multifamily | Building Size | 8,506 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1932 |
| Building Class | C | Parking Ratio | 1.17/1,000 SF |
| Zoning | TC3 - Licensed short term vacation rental with approvals | ||
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.27 AC |
| Building Size | 8,506 SF |
| No. Stories | 2 |
| Year Built | 1932 |
| Parking Ratio | 1.17/1,000 SF |
| Zoning | TC3 - Licensed short term vacation rental with approvals |
Amenities
Unit Amenities
- Air Conditioning
- Ceiling Fans
- Tile Floors
- Refrigerator
- Oven
- Tub/Shower
- Freezer
Site Amenities
- Laundry Facilities
About 6881 INDIAN CREEK DR , MIAMI BEACH, FL 33141
Marcus & Millichap has been exclusively selected to market 6881 Indian Creek Drive, located in Miami Beach, Florida. 6881 Indian Creek was originally constructed in 1939 and consists of 30 one-bedroom/one-bathroom units averaging 284 square feet each. The property is situated on a 0.27-acre lot and has pre-approved zoning along with plans to operate as a select-service hotel. With zoning already approved by the City of Miami Beach, 6881 Indian Creek is an ideal location for an investor looking to get into the profitable short-term rental business in a booming market. With the completion of the newly renovated Miami Beach convention center along with the North Beach Town Center, an investor can easily achieve an ADR of $115 a room once converted to short-term rentals. Located just steps from the water, 6881 Indian Creek is conveniently removed from the crowds on Ocean Drive, but still located just minutes from all of Miami Beach’s main demand generators.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 30 | - | 283 |
Property Taxes
| Parcel Number | 02-3211-001-0750 | Improvements Assessment | $6,002 |
| Land Assessment | $1,222,104 | Total Assessment | $1,228,106 |
Property Taxes
