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3801 Indian Creek Dr, Unit 103
$275K

Riverview Villas Condo Unit 103

3801 Indian Creek Dr, Unit 103 • Miami Beach, FL 33140

at Riverview Villas Condo

Beds
1
Baths
2
Living Area
530 SF
Price / SF
$518
HOA / Annually
$684
Days on Market
213

About This Unit

Prime investment opportunity in Miami Beach! This 1-bedroom, 2-bath unit has been cleverly divided into two separate studios 1-bath living spaces, each under a single folio. This unique setup offers maximum flexibility, perfect for generating dual rental income or providing a private guest suite. Situated just a short stroll from the beach, boardwalk, and iconic hotels like the Fontainebleau and Eden Roc, this property is a walker's paradise (Walk Score® of 90!). Enjoy an array of nearby dining options, shopping at Collins Avenue, and easy access to local parks. The building's desirable location and the unit's versatile layout make this an exceptional find. Don't miss out on this opportunity in a vibrant, sought-after neighborhood!

Pricing at Riverview Villas Condo — $518/sqft
Riverview Villas Condo Unit 103 is listed at $518/sqft.
Building-level comparison data is thin for this bedroom count — see Recent Comparable Sales below.
Based on live MIAMIRE active & closed listings at Riverview Villas Condo.
Time on Market — 213 days
Riverview Villas Condo Unit 103 has been on the market for 213 days.
Building-level pace data is thin for this bedroom count.
Price History
Originally listed at $335,500. Reduced to $274,500 on Feb 23, 2026 (after 214 days on market) — -18.2% (−$61,000).
Estimated Monthly Cost
Mortgage (P&I)
$1,491
HOA
$57
Property Tax
$337
Total / mo
$1,884
Assumes 7.20% rate on 20% down (30-year fixed). Tax effective rate 1.47%. HOA $0.11/sqft · All-in $3.55/sqft / month. Excludes wind / flood / contents insurance — verify your actual rate with a lender.

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What to Verify
Flood Zone: This unit is in flood zone AE. High-risk flood zone (Special Flood Hazard Area). Federal flood insurance required for federally-backed mortgages.
Building Age: Built in 1940 (86 years old) — past Florida's 40-year recertification trigger; verify milestone status.
Verify all of the above with the HOA before closing.
Unit: 103
Year Built: 1940
Stories: 3
City: Miami Beach
Postal Code: 33140
HOA Fee: $684 / Annually
View: Other View
Waterfront: No
Private Pool: No
Heating: Electric
Cooling: Electric
Days on Market: 213
Listed: July 25, 2025
MLS #: A11847202

Location

Tour with Ricky

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Text or Call (305) 33-RICKY
That's (305) 337-4259
Email About This Unit
Ricky Garcia
Ricky Garcia
Ricky J. Garcia LLC
Licensed with Global Luxury Realty
Listing courtesy of: Florida Realty of Miami Corp
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11847202 • Updated Feb 23, 2026 • Photos uploaded 274 days ago — check listing for current condition.