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7128 Indian Creek Dr, Miami Beach, FL, 33141
Apartment Building with Redevelopment Plans

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

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 Rich Homes of Florida


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.

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 ...

Suggested Use

Dental Office Law Firm Electrical Service (Bike/Boat/Book/etc) Store Food Market (Bike/Boat/Book/etc) Store Butcher Building Supply Carpet & Flooring Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

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.
More about this property
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