# Nautica

As of 2026-10-16, Nautica in Mid-Beach & North Beach has 1 units for sale at a median asking price of $849K ($598/sqft); 6 units sold in the last 12 months.

Nautica is a boutique waterfront condominium located in the heart of Miami Beach on Millionaire's Row.

## Key facts

| | |
|---|---|
| Address | 5970 Indian Creek Dr |
| Neighborhood | Mid-Beach, Mid-Beach & North Beach |
| Year built | 2004 |
| Floors | 6 |
| Units | 33 |
| Waterfront | yes |
| Developer | Terra |
| For sale | 1 |
| Pending | 0 |
| Median asking price | $849,000 |
| Median asking $/sqft | $598/sqft |
| Sold, last 12 months | 6 |
| Median sold $/sqft, 12 months | $572/sqft |
| Months of inventory | 2.0 |
| Median HOA | $1,702/mo |
| 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. |

## Own Miami measures

- **own.miami Building Score: 76 (A−)**
  - Value: 87 — $598/sqft — vs. Mid-Beach & North Beach condos, then all of Miami
  - Momentum: 61 — +3.9% $/sqft over 6 months
  - Liquidity: 53 — 2.0 months of supply · 385 days on market
  - Health: 97 — Verified records on file — nothing adverse
  - Waterfront: 90 — Waterfront building
  - Age: 59 — Built 2004 — vs. Mid-Beach & North Beach buildings
- **Own Miami Condo Index: 91** (market; 100 = the market-median building, 200 = twice its $/sqft; rank 418 of 698 tracked Miami condos)
- **Financeability Index: 55** (good; 12-month window, 2 recorded mortgages, 33% of sales bank-financed, lowest down payment 25%, as of 2026-10-31)
- Special-assessment outlook: watch (next structural milestone inspection due 2029)

## Building health (verified public records)

- Public records checked 2026-10-29
- positive: Bank financing — 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. (2026-10-31)
- Legal & regulatory: 0 material cases active, 0 disputes active, 0 DBPR complaints (36 months) (2026-09-20)

## Frequently asked questions

**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.

## Related pages

- [Mid-Beach & North Beach — neighborhood guide](https://own.miami/mid-beach-north-beach)
- [All units for sale at Nautica](https://own.miami/buildings/nautica/for-sale)
- [Grandview](https://own.miami/buildings/grandview)
- [Terra Beachside](https://own.miami/buildings/terra-beachside)
- [6305 Indian Creek](https://own.miami/buildings/6305-indian-creek)
- [Rond Point](https://own.miami/buildings/rond-point)

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Source: Own.Miami — https://own.miami · data as of 2026-10-16
Canonical page: https://own.miami/buildings/nautica
License: CC BY 4.0 — https://creativecommons.org/licenses/by/4.0/
Methodology: https://own.miami/methodology · For AI assistants: https://own.miami/for-ai