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Waterfront Triplex in Mid Beach
For Sale
Contact for pricing
Pending

2811 Indian Creek Dr, Miami Beach, FL 33140

Triplex in booming area, waterfront usage, near ocean.

Property SizeContact for details
Days on Market1620

Property Features for 2811 Indian Creek Dr

General Information

Standard status Pending
Class B
Property subtype Multifamily
Zoning rm-2
Investment Type Value Add

Building Details

Year Built 1932
Year Renovated 1995
Buildings 1
Stories 2
Units 3
Listing Agency: Realty Hub
Listed By: Alan Waserstein · License #0438224
Source: Crexi
Added: Mar 18, 2022 Changed: Aug 10 Last Checked: Aug 21 at 10:42PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty Hub

Investment Insights

Based on property information with market context.

Located in the Mid Beach - Faena Arts District area, this property functions as either a triplex or a single-family home. It is one of the few triplexes in the area with waterfront usage, including a private patio. The property is currently rented for one year. Situated one block from the ocean, it benefits from a very expensive rental market, proximity to hotels, shopping, and restaurants, and inclusion on a free trolley route. The property includes a waterfront lot and presents significant upside potential.

Key Highlights

  • Waterfront usage included with private patio.
  • Located in the desirable Mid Beach - Faena Arts District.
  • Triplex or single‑family home configuration available.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Bakery Carpet & Flooring Store Furniture & Home Goods Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,277
Businesses Nearby

Demographics for 33140, FL

19,315
Population
16,000
Households
1.2
Avg Household Size
46
Median Age
62%
College-Educated
93%
High-School Grad
3.1 sq mi
ZIP Area
6,231
Density / Sq Mi
$103,898
Median Household Income
$65,708
Median Earnings
$2,020
Median Rent
$863,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Triplex in booming area, waterfront usage, near ocean.
Where is this triplex located?
The property is located at 2811 Indian Creek Dr Miami Beach, FL.
What is the asking price?
The asking price for this property is $2,199,000.
What are key features of this property?
This property features: Waterfront usage included with **private patio**.; Located in the desirable **Mid Beach - Faena Arts District**.; Triplex or single‑family home configuration available.
(786) 703-1731 Call to check price and availability
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