For SaleRisky Deal100 days on market

6620 Indian Creek Drive #602

6620 Indian Creek Drive #602, Miami Beach, FL 33141, Miami Beach, FL 33141
$599,900

Listing Price

Property image 1
6620 Indian Creek Drive #602, Miami Beach, FL 33141
Loc: Miami Beach, FL
Days Listed
100
Tax Assessed
$463k
Type
condo

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

7

Biscayne Elementary School

PK-5
0.8 mi away
5

Nautilus Middle School

6-8
2.5 mi away
5

Miami Beach Senior High School

9-12
3.6 mi away
Haven Underwritten Market·Moderate DSCR (0.60x)

Miami, FL Investment Analysis (2026)

Cap Rate: 3.71% · Median Rent: $3,400/mo · Effective Tax: 0.91%

Open Miami Market Underwrite

Property Overview

No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.

Features & Amenities

moderncondominiummid-risestuccobalconiesglass-railingtropical-landscapingpalm-treesurbancontemporarycommercial-mixed-usecoastalresidential

Haven AI Verdict

Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.59%
Total ROI
80.3%
Cash Flow
$-319/mo
DSCR
0.90
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-319/mo net cash flow with a 5.6% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths
  • • Favorable cap rate profile (5.6%)
  • • Strong rental demand in Miami Beach
Considerations
  • • Verify historical operating expenses and local tax assessment
  • • Confirm current lease terms and tenant estoppel certificates

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-07-20Price change$599,900$490
2026-06-24Price change$695,000$568
2026-06-17Listed for sale$739,500$604
2025-11-19Listing removed$585,000$478
2025-08-26Price change$585,000$478
2025-08-04Price change$650,000$531
2025-06-20Price change$740,000$605
2024-12-02Listed for sale$850,000$694
2023-10-16Listing removed$0–
2023-08-27Price change$650,000$531
2023-04-16Listed for sale$725,000$592
2023-01-01Listing removed$0–
2022-07-28Listing removed$725,000$592
2022-07-05Listed for sale$725,000$592

Tax History

YearProperty TaxTax Assessment
2025$10,498.34$462,508
2024$10,247.88$420,462
2023$8,247.28$382,239
2022$6,758.05$347,490
2021$6,099.43$315,900
2020$6,115.7$315,900
2019$6,801.85$351,000
2018$6,600.28$351,000
2017$6,600.28$390,000
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
2
Baths
2
Sq Ft
1,224

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