6770 Indian Creek Dr Miami Beach, FL 33141
- Retail space
- 298 SF
Current Use by Public Records
- Retail space
Property Details for 6770 Indian Creek Dr
- Year built
- 1968
- Property size
- 298 SF
- Zone code
- 4000:MULTI-FAM,63-100 U/A
- Property type
- Retail space
- APN
- 02-3211-068-2290
- APU
- 232110682290
Description
This exceptional investment opportunity presents a 275-unit multifamily building at 6770 Indian Creek Drive, Miami Beach, Florida 33141. The property, built in 1968, boasts a total square footage of 298 square feet and currently enjoys 100% occupancy. Priced at $125,000, this asset offers a compelling 5.00% cap rate. Currently configured as a small office space with high-speed internet and air conditioning, suitable for 1-3 individuals, it includes valet parking. Alternatively, the space can be easily converted back into its original use: 28 individually secured storage units (thumb access system included) within the larger condominium building. The seller is open to exploring rental options at $850 per month or a rent-to-own arrangement. This presents a unique turnkey business opportunity, with existing thumb scanner software already in place. Located just two blocks from the ocean, this property offers unparalleled access to the vibrant Miami Beach lifestyle. The property is situated in Miami-Dade County.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miami Beach
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.1227
- Latitude
- 25.8516
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
