Apartment Building with Redevelopment
7128 Indian Creek Dr Miami Beach, FL 33141
For Sale
Contact for pricing
Pending
Operating as 9 residential apartments with 4 assigned parking spaces, legally 8, with City-approved plans for a 16-unit hotel.
Days on Market104
Property Features for 7128 Indian Creek Dr
General Information
- Standard status
- Pending
- Property subtype
- Multifamily
Listing Agency:
Rich Homes of Florida
Listed By:
brigitte benichay · License #3005825
Source:
Crexi
Added: Apr 11
Changed: Jul 23
Last Checked: Jul 23 at 1:03PM
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Investment Insights
Based on property information with market context.
This property is currently operating as a 9-unit residential apartment building, though it is described as legally 8 units. The building includes 4 assigned parking spaces and offers redevelopment potential under existing approvals.
The City of Miami Beach has approved plans for a 16-unit boutique hotel that includes parking and a rooftop pool. The remarks also indicate zoning allows short-term rental use.
In addition to the existing residential configuration, the approved project provides a clear path toward converting the asset to a hotel use, while the property’s current setup supports existing income operations.
The City of Miami Beach has approved plans for a 16-unit boutique hotel that includes parking and a rooftop pool. The remarks also indicate zoning allows short-term rental use.
In addition to the existing residential configuration, the approved project provides a clear path toward converting the asset to a hotel use, while the property’s current setup supports existing income operations.
Key Highlights
- Currently operating as 9 residential apartments (legally 8 units).
- Includes 4 assigned parking spaces for the property.
- City of Miami Beach approved plans to redevelop into a 16‑unit boutique hotel with parking.
Property Analytics
Location Intelligence
Current Use by Public Records
Short term rental ...
FAQs
What type of property is this?
Apartment building - Operating as 9 residential apartments with 4 assigned parking spaces, legally 8, with City-approved plans for a 16-unit hotel.
Where is this apartment building located?
The property is located at 7128 Indian Creek Dr Miami Beach, FL.
What are key features of this property?
This property features: Currently operating as 9 residential apartments (legally 8 units).; Includes 4 assigned parking spaces for the property.; City of Miami Beach approved plans to redevelop into a 16‑unit boutique hotel with parking.