Own Mid-Beach & North Beach · Mid-Beach

Nautica

5970 Indian Creek Dr · Built 2004 · 6 floors · 33 residences

1 for sale
For sale
1
0 pending · 2.0 mo supply
Median asking
$849K
from $849K
Median $/sqft
$598/sqft
$572/sqft sold, 12 mo
Days on market
385
29 to sell · 6 in 12 mo
Nautica
Listing photo · courtesy of Laura Kaplan Realty, Inc. · MLS #A11922192

Nautica is an intimate, pet-friendly boutique condominium building featuring 33 units. The property is situated in a prime location on Millionaire's Row, just steps from the beach, boardwalk, and local restaurants. The building offers a variety of views, including direct intracoastal water views and sunset views of the city skyline.

The building provides a range of amenities, including a rooftop heated pool and hot tub, a fitness center, a sauna, and a steam room. Residents have access to a waterfront marina with boat slips, as well as dedicated storage for kayaks and bicycles. The building features a new lobby and is noted for having fully funded reserves.

Live near more of Miami

What surrounds Nautica: seasonal events, annual programs and lifestyle indexes, measured from the building.

Distances are straight-line, not walking or driving.

Getting around

Mid-Beach & North Beach is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:

Miami Beach BoardwalkFaena DistrictFontainebleauNorth Shore Open Space ParkNormandy Isle ParkLa Gorce Country ClubCollins Avenue
76
/ 100
A−
own.miami Score

A data-grounded score for Nautica from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.

Value87
$598/sqft — vs. Mid-Beach & North Beach condos, then all of Miami
Momentum61
+3.9% $/sqft over 6 months
Liquidity53
2.0 months of supply · 385 days on market
Health97
Verified records on file — nothing adverse
Waterfront90
Waterfront building
Age59
Built 2004 — vs. Mid-Beach & North Beach buildings
own.miami Condo Index
91At market100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#418 of 698 tracked Miami condos
Top 60% by price per sq ft
#48 of 85 in Mid-Beach & North Beach
Momentum
↑ Rising
$598/sqft median ask
Liquidity
Warm
See the full Condo Index →
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Inventory

Sold $/sqft trend

3-month rolling median of closed sales in Nautica; bars are closings per month.

$543$574$605Sep 2024May 2025Oct 2025Apr 2026Aug 2026

Location

Nearby buildings within half a mile.

Building facts

Address
5970 Indian Creek Dr
Year built
2004
Floors
6
Residences
33
Developer
Terra
Waterfront
Yes
Developed by
Terra
73
A− · Developer Score
  • Ranks #2 of 13 scored Terra buildings
  • Asking $598/sqft here vs $2,005/sqft across the developer's portfolio
  • 84% of the developer's portfolio has no adverse verified record
  • All 17 buildings by this developer

Amenities

  • · Rooftop pool
  • · Hot tub
  • · Sauna
  • · Steam room
  • · Fitness center
  • · Marina
  • · Boat slips
  • · Security
  • · Valet
  • · Activity room
  • · Kayak/bike storage

Building rules

Parking
The building offers covered parking, including assigned gated spaces, with some units providing tandem parking for two cars and options for boat dock leases.

Special assessments & recertification outlook

Watch

Public records checked Oct 29, 2026 (Miami-Dade Clerk, civil docket, Florida DBPR).

Verified records

  • PositiveBank financingOct 31, 2026

    Regulated lenders recorded 2 purchase or refinance loans on this building in the last 12 months, financing 33% of its recorded sales, and accepted a down payment as low as 25%. A bank writing a condominium loan has just checked the building's reserves, insurance, litigation and owner-occupancy against its own standards — verified due diligence, read from the public record. Financeability Index 55/100.

    Source: Miami-Dade Clerk official records

  • Built 2004 — its first 25-year structural milestone inspection is due around 2029

Estimated from Nautica’s age and signals in active listings — not an official inspection or reserve report. Always verify the building’s milestone-inspection status and reserves with the association before buying.

Financeability

What the banks say about Nautica: recorded purchase mortgages, the down payments they accepted, and the programmes in use.

55Financeable

Regulated lenders are writing purchase loans here at ordinary down payments — their due diligence on reserves, insurance and litigation, verified by the public record.

Mortgages recorded, 12 months
2
2 from banks and credit unions · purchases and refinances
Sales bank-financed
33%
6 recorded sales, 12 months · Resales only
Average down payment
31.7%
Lowest down payment accepted
25%
Loan programmes, 24 months:Conventional 2

Medium confidence · As of 2026-10-31

Source: Miami-Dade County official records and the FHA/VA approval lists. Aggregates only; individual instruments are never shown. Compare with Mid-Beach & North Beach

Flooding and storm surge

Public flood data at this building’s location, read Oct 22, 2026.

FEMA flood zone
Zone AE: high-risk area. FEMA maps a 1% yearly chance of flooding here.
Base flood elevation on the map: 8.0 ft (NGVD29).
Hurricane evacuation zone
Zone B
Miami-Dade storm surge planning zones run from A (called first) to E. The county decides which zones evacuate in a storm.
Ground at the building
5.7 ft
Lowest nearby street
4.5 ft
Highest predicted tide, 2026
1.0 ft

Elevations in feet above the NAVD88 datum.

The lowest street next to this building sits 3.5 ft above this year’s highest predicted tide (Oct 27, 2026).

Estimated from public data, not a flood determination. Check the FEMA flood map and an elevation certificate for this building.

How we measure thisCompare neighborhoods

Frequently asked

How much do condos at Nautica cost?+

There are 1 condos for sale at Nautica, from $849,000, with a median asking price of $849,000 ($598/sqft).

How much are the HOA fees at Nautica?+

HOA / maintenance fees at Nautica run around $1,702 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.

Is Nautica a waterfront building?+

Yes — Nautica is a waterfront building (Mid-Beach & North Beach).

When was Nautica built?+

Nautica was built in 2004, 6 stories, 33 residences.

Who developed Nautica?+

Nautica was developed by Terra. Terra's own.miami Developer Score is A− across 17 buildings.

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