6484 Indian Creek Dr Apt 111

Miami Beach, FL 33141 · condos · For Sale · 30 days on market

Asking price$100,000

0 beds 1 baths — sqft

View on Realtor.com →

Listed by Lorena Martorell · Beachfront Realty Inc

Typecondos

Built1956

Price / sqft—

Est. value (own analysis)$158,000

Rent estimate (own analysis)$1,600/mo

HOA$750/mo

Wind10/10Extreme$Heat10/10ExtremeFlood9/10extreme$Air2/10MinorWildfire1/10Minimal

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Statusfor_sale

Listed date2026-08-03

Removed date—

MLSMiamiMLS #A12064394

Coordinates25.84788, -80.12174

Address6484 Indian Creek Dr Apt 111

CityMiami Beach

StateFL

Zip33141

Listing ID5544769142

Sourceus-real-estate-listings, cached 2026-08-31

ZIP market snapshot (33141)

Typical home value (ZHVI)$429,204

Typical rent (ZORI)$2,504/mo

Zillow Research's ZHVI (home value index) and ZORI (rent index) for this ZIP, as of 2026-07 — free published data, refreshed monthly, no RentCast quota spent. "Typical value/rent" is a smoothed index, not a literal median of active listings.

Underwriting (buy-and-hold, default assumptions)

Acquisition (one-time, not monthly/yearly)

MonthlyYearly

✎ Edit

Purchase price $100,000

Down payment (20.0%) $20,000

Loan amount $80,000

Closing costs (5.0%) $5,000

Total cash to close $25,000

Income

Rent (comp-derived) $1,600$19,200

Vacancy loss (8.0%)

Effective gross income $1,472$17,664

Operating expenses

Property tax (placeholder 1.9% of price) $158$1,900

Insurance (est. scaled by flood & wind risk) $147$1,760

HOA dues $750$9,000

Management (0.0% of EGI) $0$0

Maintenance (5.0% of GSR) $80$960

Total operating expenses $1,135$13,620

Net operating income (NOI)

Debt service & reserves

Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing)

CapEx reserve (5.0% of GSR) $80$960

Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%) $0$0

Cash flow

Cap rate

Cash-on-cash

DSCR

Rent-to-price (1% rule)

Gross rent multiplier

Operating expense ratio

Break-even occupancy

Comparables

Same ZIP. Real active rental listings, used to derive the rent estimate above.

Type	Baths	Sqft	Asking rent	Listed	Days on market
apartment	1	430	$1,764	2026-02-19	—
apartment	1	600	$1,900	2025-07-18	—
apartment	1	510	$1,800	2025-05-28	—
apartment	1	576	$1,525	2025-09-04	—
apartment	1	651	$2,197	2024-06-12	—
apartment	1	1,640	$1,450	2026-07-22	—
condos	—	400	$1,200	2026-07-13	—
apartment	1	550	$1,400	2026-08-12	—
apartment	1	411	$1,523	2026-08-25	—
apartment	1	—	$1,300	2023-10-26	—
apartment	1	5,538	$1,350	2026-07-07	—
condos	1	406	$1,300	2026-07-26	—
condos	1	450	$1,500	2026-07-01	—
condos	1	399	$1,500	2026-08-28	—
apartment	1	600	$1,650	2026-08-21	—
condos	1	415	$1,450	2026-08-20	—
condos	1	400	$1,900	2026-08-27	—
condos	1	415	$1,375	2026-08-21	—
condos	1	406	$1,400	2026-07-28	—
apartment	1	—	$1,450	2026-03-16	—
apartment	1	—	$1,490	2026-05-13	—
apartment	1	411	$1,477	2026-06-19	—
apartment	1	3,920	$1,495	2026-07-06	—
condos	1	450	$1,600	2026-08-04	—
apartment	1	7,425	$1,695	2024-04-23	—
condos	1	10,880	$1,650	2026-06-08	—
condos	1	402	$1,500	2026-08-15	—
condos	1	375	$1,500	2026-06-04	—
condos	1	468	$1,500	2026-08-14	—
apartment	1	370	$1,550	2026-08-16	—
condos	1	465	$1,500	2026-08-01	—
apartment	1	—	$1,650	2025-11-18	—
condos	1	10,880	$1,825	2026-06-08	—
condos	1	577	$1,700	2026-06-04	—
condos	1	410	$1,690	2026-08-24	—
apartment	1	500	$1,575	2026-08-06	—
apartment	1	400	$1,550	2026-06-03	—
apartment	1	7,482	$1,625	2026-08-12	—
condos	1	678	$1,999	2026-06-17	—
apartment	1	—	$1,600	2025-12-20	—
condos	1	10,880	$1,825	2026-06-29	—
apartment	1	250	$1,550	2026-06-03	—
condos	1	402	$1,450	2026-04-03	—
apartment	1	450	$1,550	2026-06-22	—
condos	1	387	$1,650	2026-07-31	—
condos	1	406	$1,500	2026-08-10	—
condos	1	569	$2,250	2026-04-24	—
apartment	1	—	$1,600	2025-12-19	—
apartment	1	470	$1,550	2026-04-15	—
condos	1	10,880	$1,799	2026-06-29	—
condos	1	416	$1,700	2026-07-17	—
condos	1	406	$1,550	2026-06-26	—
condos	1	468	$1,650	2026-08-01	—
condos	1	600	$1,600	2026-08-18	—
condos	—	247	$2,500	2025-02-22	—
condos	1	432	$1,790	2026-03-02	—
apartment	1	—	$1,600	2025-12-20	—
condos	1	468	$1,550	2026-07-20	—
apartment	1	—	$1,750	2025-11-18	—
apartment	1	406	$1,700	2026-08-04	—
condos	1	594	$1,950	2026-07-29	—
condos	—	25,163	$1,600	2026-07-13	—
condos	1	465	$1,600	2026-08-04	—
condos	1	295	$1,645	2026-08-10	—
apartment	1	500	$1,690	2026-01-09	—
condos	1	444	$1,800	2026-07-23	—
condos	1	395	$1,790	2026-04-08	—
condos	1	172	$2,800	2023-05-03	—
condos	1	443	$1,799	2026-05-27	—
condos	1	444	$2,000	2026-05-11	—
apartment	1	—	$1,850	2025-01-03	—
condos	1	444	$2,000	2023-05-24	—
apartment	1	575	$1,595	2025-02-19	—
apartment	1	675	$1,450	—	—
apartment	1	675	$1,451	—	—
apartment	1	200	$1,250	2026-01-30	—
condos	1	443	$1,600	2026-08-27	—
apartment	1	675	$1,450	—	—
apartment	1	—	$1,650	2026-08-21	—
apartment	1	675	$1,450	—	—
apartment	1	510	$1,950	—	—
apartment	1	433	$1,650	—	—
apartment	1	651	$2,603	—	—
apartment	1	679	$2,624	—	—
apartment	1	651	$2,420	—	—
apartment	1	651	$2,736	—	—
apartment	1	651	$2,786	—	—
apartment	1	450	$1,710	2026-08-09	—
condos	—	400	$1,200	2026-07-08	—
apartment	1	—	$1,995	—	—
apartment	1	300	$1,550	2026-08-18	—
apartment	1	—	—	2025-07-12	—
condos	1	406	$1,350	2026-08-29	—
apartment	1	—	$1,550	2026-08-30	—
apartment	1	10,506	$1,600	2026-08-29	—
condos	1	432	$1,700	2026-08-31	—
apartment	1	475	$1,600	2026-08-31	—
condos	1	446	$1,600	2026-09-01	—
condos	1	678	$2,700	2026-09-01	—

Same ZIP & bedroom count. Closed sales from Realtor.com over the last 12 months, matched to this property's type — real transaction prices, not asking prices. Falls back to Miami-Dade County public records (property appraiser tax roll) when Realtor.com has no sales on file for the area.

Address	Type	Baths	Living sqft	Sale price	Sale date
330 74th St Apt 15	condos	1	383	$158,000	2026-08-20
1455 N Treasure Dr Apt 6D	condos	1	531	$152,000	2026-08-14
7725 Carlyle Ave Apt 10	condos	1	399	$155,000	2026-08-06
6365 Collins Ave Unit CAB8	condos	1	245	$410,000	2026-07-29
6484 Indian Creek Dr Apt 310	condos	1	—	$120,000	2026-07-03
1865 79th St Cswy Apt 3F	condos	1	577	$175,000	2026-06-22
6770 Indian Creek Dr Apt 14J	condos	1	993	$400,000	2026-06-01
7904 West Dr Apt 409	condos	1	443	$150,000	2026-04-13
330 74th St Apt 5	condos	1	383	$150,000	2026-03-23
7904 West Dr Apt 1004	condos	1	444	$200,000	2026-03-15
401 69th St Apt 1003	condos	1	594	$210,000	2026-03-13
8132 Harding Ave Apt 7	condos	1	406	$159,000	2026-03-11
7725 Carlyle Ave Apt 4	condos	1	399	$150,000	2026-02-17
1865 79th St Cswy Apt 4L	condos	1	577	$150,000	2026-01-27
6801 Indian Creek Dr Apt 405	condos	1	510	$215,000	2026-01-09

Same ZIP. Other properties currently for sale nearby — asking prices, not closed sale prices. Not a price comp; see Sold comps for actual transaction history.

Address	Type	Baths	Sqft	Asking price	Days on market
7928 Harding Ave Apt 3	condos	1	394	$180,000	—
7720 Harding Ave Apt 8	condos	1	406	$130,000	—
6490 Collins Ave Apt 14	condos	1	375	$145,000	—
300 74th St Apt 6	condos	1	468	$215,000	—
6498 Collins Ave Apt 41	condos	1	370	$168,000	—
6484 Indian Creek Dr Apt 320	condos	1	—	$153,000	—
7300 Ocean Ter	single_family	—	—	$49,900,000	—
6484 Indian Creek Dr Apt 238	condos	1	—	$150,000	—

10-year hold projection

IRR2.6%

Equity multiple1.43x

Total return (10yr)$23,761

Year	Property value	NOI	Cash flow	Loan balance	Equity
1	$103,000	$4,044	-$3,085	$79,133	$23,867
2	$106,090	$4,233	-$2,920	$78,206	$27,884
3	$109,273	$4,430	-$2,748	$77,215	$32,058
4	$112,551	$4,635	-$2,568	$76,157	$36,394
5	$115,927	$4,847	-$2,382	$75,025	$40,902
6	$119,405	$5,068	-$2,188	$73,816	$45,589
7	$122,987	$5,297	-$1,986	$72,524	$50,463
8	$126,677	$5,535	-$1,776	$71,144	$55,533
9	$130,477	$5,782	-$1,557	$69,668	$60,809
10	$134,392	$6,038	-$1,330	$68,091	$66,301

Assumes 3.0% annual rent growth, 2.5% expense growth, 3.0% appreciation, and a 6.0% selling cost at exit — all placeholder assumptions, not market-derived.

NOI derived	$4,044
Annual debt service derived	$6,169

Total operating expenses derived	$13,620
Annual debt service derived	$6,169
Annual PMI assumption	$0
Gross scheduled rent (annual) comp	$19,200