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The Roebling Index · Miami
Published by The Roebling Team at Compass · Corey Cohen, NY Licensed Associate Real Estate Broker
Miami·Mid-Beach·Condominium

Merl Manor

3535 Indian Creek Drive, Miami Beach, FL 33140

Mid-Beach

Folio 0232260110001

At a glance
Year built
1980
Residences
40
Building area
34,416 sq ft
Median residence
919 sq ft
FEMA flood zone
Zone AE · BFE 8 ft
Latest arms-length sale
$575,000 · Oct 2025
Median sale (10 yr)
$350,000
Recorded transfers
181
Own an apartment at Merl Manor?
Enter your apartment to see its recorded sale history and today’s estimate.

Merl Manor is a 40-residence condominium building at 3535 Indian Creek Drive, in Mid-Beach. County records list 1980 as the year built. It has a median residence of 919 square feet.

The recorded market runs to 76 arms-length sales since 1980, an annual turnover rate of 1.5 percent of the building over the past decade, and a median of $85 per square foot. Across 39 same-unit resales, 67 percent sold above their prior recorded price, with a median gain of 15 percent over a median hold of 10.2 years.

Selling, buying or moving?

Own a residence at Merl Manor? See what it would sell for.

Choose what fits: a property-specific pricing review informed by local transaction records and market research, a conversation about buying in this market, or help planning a move between markets. Local representation is coordinated where appropriate.

Prefer to speak directly? Schedule a consultation →
Corey Cohen, Licensed Associate Real Estate Broker · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com

At a glance

Building type: Condominium, 40 units

Source: The Roebling Research Desk.

Why Merl Manor matters

Merl Manor is a 1980 condominium of 40 units on Indian Creek Drive, the waterway-side street of Mid-Beach.

Florida's milestone inspection and structural integrity reserve study rules apply to condominium buildings of three or more stories; ask whether the building falls under the rules. Get any inspection report, the reserve study and the reserve balance before pricing an offer.

Mid-Beach and Indian Creek Drive

Mid-Beach is the stretch of Miami Beach between South Beach and North Beach, roughly from 23rd to 63rd Streets. Collins Avenue runs along the ocean, with Indian Creek and the bay-side residential streets to the west. Indian Creek Drive is the inland spine, with condominiums and apartment buildings on the waterway side and the beachfront blocks a short drive or walk east.

At 35th Street, the building is a few blocks from the Faena district, the arts, dining and hotel project that runs along Collins Avenue from 32nd to 36th Streets. The Fontainebleau resort anchors Collins Avenue to the north. The Miami Beach Beachwalk, a paved public path along the dunes, runs through the area and connects the oceanfront blocks. The Miami Beach Convention Center is a short drive south, with Lincoln Road and South Beach's restaurants just beyond it.

Architecture and unit composition

The building was completed in 1980. The condominium has 40 units. Ask the association for the size schedule and a floor plan for any unit you are considering.

Building operations

For a specific purchase, ask for the current budget and monthly charges, the most recent financial statements, the reserve study, any inspection report, any special assessment notices, and the insurance declarations. The property is in FEMA flood zone AE, so ask about flood coverage on the master policy and what the unit owner must carry.

Policy framework

Pet, rental and minimum-lease rules are set by the association; confirm at offer stage.

Sales context

A sale in October 2025 closed at $575,000. It is one sale, not a building price.

Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.

What to know if you're buying at Merl Manor

Start with the reserve documents. Ask for the structural integrity reserve study if one applies, the milestone inspection status and the reserve balance. Ask whether any assessment is planned.

Confirm the unit's size and floor. Measure against the association's schedule and the recorded plans, not an advertised figure.

Check insurance and flood exposure. Get the master policy declarations and a flood quote for your unit before you go under contract.

Ask about leasing before you underwrite a rental. Minimum lease terms and approval requirements are set by the association.

What to know if you're selling at Merl Manor

Price against comparable units in the building and on Indian Creek Drive, not against oceanfront towers a few blocks away.

Have the documents ready. A current budget, the reserve study, inspection report and the association's estoppel shorten the buyer's diligence.

Comparable buildings

  • Faena House — a Foster + Partners oceanfront condominium on Collins Avenue in Mid-Beach, a newer and much higher-priced building in the same district.
  • 6000 Indian Creek — a condominium further north on Indian Creek Drive.

The neighborhood

For the full neighborhood — its buildings and recorded pricing — read The Roebling Index guide to Mid-Beach.

Run the numbers

Related guides

Recorded sales history

Recorded transfers for this building in Miami-Dade County public records, back to Nov 1980. Prices reflect the recorded consideration; transfers the Property Appraiser does not qualify as arms-length are shown unmarked. Nominal-consideration paper transfers (deeds into trusts and LLCs, estate and family transfers, corrective deeds) are part of the record but not sales, and are omitted from this table. Recording lags closing, so the newest sales can take several weeks to appear.

DateResidenceSizePriceArms-length
Oct 2025408981 sf$575,000✓
Jun 2025207650 sf$200,000
Dec 2024402863 sf$250,000
Apr 2024209925 sf$225,000
Dec 2023304912 sf$470,000
May 2022410652 sf$112,500
May 2022307650 sf$168,900
Sep 20215031,027 sf$350,000✓
May 2021308981 sf$350,000✓
Jan 2021409925 sf$120,000
Oct 2020209925 sf$312,500
Jun 2020409925 sf$350,000
Mar 20204031,027 sf$375,000
May 2018508981 sf$250,000
May 2018506954 sf$350,000✓
May 20182011,078 sf$350,000✓
Mar 2018305562 sf$112,500
Aug 2017206954 sf$100,000
Feb 2017406954 sf$415,000✓
Nov 2013207650 sf$65,000
Jun 2013208981 sf$161,740✓
Mar 2013407650 sf$82,500✓
Feb 2013202863 sf$150,000✓
Jul 20124011,078 sf$150,000
Jan 2012304912 sf$175,000✓
Dec 2011310652 sf$120,000
Mar 2010308981 sf$305,350✓
May 2007405562 sf$175,000✓
Mar 20052031,027 sf$150,000✓
Dec 20042011,078 sf$190,000✓
Oct 20043011,078 sf$190,000✓
Feb 20043011,078 sf$170,000✓
Sep 2003410652 sf$100,000✓
Jul 2003409925 sf$102,500✓
Feb 2002302863 sf$90,000✓
Aug 2001306954 sf$120,000✓
Apr 2001509925 sf$80,000✓
Jun 2000304912 sf$90,000✓
Dec 1999208981 sf$125,000✓
Jun 1999309925 sf$95,000✓
Feb 1999204912 sf$80,000✓
Nov 1997204912 sf$80,000✓
Jan 1997402863 sf$80,000✓
Nov 1996210652 sf$65,000✓
Oct 19964031,027 sf$90,000✓
Jul 1996404912 sf$95,000✓
Feb 1996508981 sf$75,000✓
Nov 1995410652 sf$70,000✓
Jul 1995202863 sf$47,700✓
May 1995408981 sf$100,000✓
May 1995505562 sf$45,000✓
Jun 1994405562 sf$38,000✓
Dec 1993409925 sf$60,000✓
Aug 1993208981 sf$90,000✓
Mar 1992307650 sf$57,000✓
Mar 1991305562 sf$40,000✓
Jul 19905031,027 sf$75,000✓
Nov 1989510652 sf$50,000✓
Nov 1989308981 sf$100,000✓
Mar 1989310652 sf$54,000✓
Dec 1988505562 sf$45,000✓
Dec 1988405562 sf$38,000✓
Nov 1988206954 sf$70,000✓
Sep 1987209925 sf$60,000✓
May 1987502863 sf$71,000✓
Mar 1987505562 sf$56,000✓
Feb 1987205562 sf$45,000✓
Aug 19864031,027 sf$85,000✓
Jan 19864011,078 sf$80,000✓
Sep 1985305562 sf$43,000✓
Feb 1985506954 sf$60,000✓
Mar 1984207650 sf$44,100✓
Mar 1984406954 sf$50,000
Mar 1984306954 sf$50,000
Oct 1983409925 sf$60,000✓
Jun 1983508981 sf$75,000✓
Dec 19822011,078 sf$70,000✓
Jul 1981209925 sf$61,500
Feb 1981304912 sf$77,000✓
Jan 1981410652 sf$70,000✓
Jan 1981209925 sf$56,500✓
Jan 1981508981 sf$81,900✓
Jan 1981404912 sf$70,500✓
Jan 19815031,027 sf$80,900✓
Jan 19814031,027 sf$80,900✓
Dec 1980410652 sf$51,900
Dec 1980210652 sf$51,900✓
Dec 1980509925 sf$71,000
Dec 1980409925 sf$78,900✓
Dec 1980309925 sf$55,500
Dec 1980408981 sf$65,000
Dec 1980308981 sf$80,900✓
Dec 1980208981 sf$77,900
Dec 1980207650 sf$51,900✓
Dec 1980506954 sf$77,900✓
Dec 1980406954 sf$76,900✓
Dec 1980306954 sf$74,900✓
Dec 1980504912 sf$60,000
Dec 1980304912 sf$76,900
Dec 19802031,027 sf$80,900✓
Dec 1980502863 sf$64,900✓
Dec 1980402863 sf$70,900✓
Dec 1980302863 sf$55,000
Dec 19805011,078 sf$77,900
Dec 19804011,078 sf$76,900
Dec 19803011,078 sf$76,900
Dec 19802011,078 sf$81,900
Nov 1980206954 sf$59,900
Nov 1980204912 sf$59,900
Nov 19803031,027 sf$79,900✓

✓ = qualified arms-length per the Miami-Dade Property Appraiser. 71 nominal-consideration paper transfers omitted.

This page reflects publicly available information compiled by The Roebling Research Desk. Specific building details should be confirmed with the association during due diligence; the recorded Declaration of Condominium, the current building budget, the current tax bill, the structural integrity reserve study and milestone-inspection status should be reviewed for any specific transaction. © 2026 The Roebling Team at Compass.

Considering a move at Merl Manor?

Request a private building brief with the relevant recorded sales, current and off-market availability, and an apartment-specific view of value.

Prefer to speak directly? Schedule a consultation →
Corey Cohen, Licensed Associate Real Estate Broker · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com

Building facts and sales records are compiled from Miami-Dade County public records (Property Appraiser) and reviewed against recognized architectural references. Figures are reported as recorded and may be updated as the county updates its records. This page is informational and is not an offer or solicitation. Apartment estimates are automated, from public records, and are not appraisals.

A note on representation

The Roebling Team at Compass is led by Corey Cohen, a New York licensed associate real estate broker. For a purchase or sale in Miami, we introduce you to a licensed Compass agent there by referral and handle the New York side of your move ourselves. This page and its calculators are research, not an offer of representation.

To plan a move between Manhattan and Miami, schedule a consultation; where appropriate we’ll introduce you to a vetted Compass agent in the local market.