The Porosoff Group is pleased to present exclusively for sale 3003-3025 Indian Creek Drive, strategically located in the heart of Mid Beach. Situated 1 block from the ocean with frontage along Indian Creek, this property enjoys a prestigious location shared with numberous high end hotels and many attractions such as dining, shopping, and of course the beach.
Property Overview:
Located at 3003-3025 Indian Creek Drive, this offering presents a unique opportunity to acquire two highly desirable properties in one of the most vibrant and sought-after markets in the world. The first property is a condo hotel featuring 47 units, situated on a 22,337-square-foot lot with 34,035 square feet of interior space. This rare
investment opportunity is in a prime location, making it ideal for capitalizing on Miami Beach’s robust tourism
market. The property’s design and layout cater to the high demand for short-term rentals, offering significant income potential.
The second property is a 19-unit multifamily building positioned on a 6,300-square-foot lot with 16,128 square feet of interior space. This property requires renovation and has fully city approved plans to increase the unit count to 20. Once completed it will be well-suited for stable, long-term rental income or short-term rental. Its location
ensures strong tenant demand, being in close proximity to Miami Beach’s renowned beaches, shopping, dining, and entertainment.
Together, these properties benefit from their prime location in a globally recognized destination for tourism, culture, and business. Both assets provide exceptional opportunities for value-add repositioning or continued operation as income-generating investments. This dual-property package offers the scale, location, and potential to appeal to investors seeking to expand their portfolios or establish a presence in Miami Beach’s dynamic real estate market.
CRE Advisor Multifamily Hospitality Development
NMHC PAC Contributor
Tel: (305) 733-6066
art@porosoff.com
License: FL SL3160379
CRE Advisor
Tel: (727) 403-0321
logan@porosoff.com
License: FL SL3591018
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