Own Mid-Beach & North Beach · North Beach

Peloro

6620 Indian Creek Dr · Built 2016 · 7 floors · 114 residences

9 for sale
For sale
9
0 pending · 18.0 mo supply
Median asking
$649K
from $385K
Median $/sqft
$675/sqft
$612/sqft sold, 12 mo
Days on market
65
252 to sell · 6 in 12 mo

8 of 9 are priced $450K+ and browsable on own.miami; the stats above cover every unit for sale.

Peloro
Listing photo · courtesy of EXP Realty LLC · MLS #A12067803

Peloro sits on the water along Indian Creek Drive in North Beach, in Miami Beach's Mid-Beach and North Beach area. Completed in 2016, it has 7 floors and 114 residences. The nearest Publix is 350 m away in a straight line, about 0.2 miles, while the building's Car-Free Index is 0.

The building is in FEMA flood zone AE, part of the Special Flood Hazard Area, where lenders require flood insurance for a federally backed or federally regulated mortgage. It is in Miami-Dade hurricane evacuation zone B. The lowest street next to the building is 3.7 ft above the highest tide predicted for 2026 at Virginia Key.

Four active tower construction sites are within 1 km, which can bring noise and traffic while work lasts, and new towers can change views. On the 2025 tax roll, 10% of units carry a homestead exemption and 49% are owned by a company or trust. Financeability is rated limited, with an index of 49 of 100, meaning few recent purchases were financed by regulated lenders. Miami-Dade Clerk records show 8 resale deeds in the 12 months to October 21, 2026.

Live near more of Miami

What surrounds Peloro: 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
74
/ 100
A−
own.miami Score

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

Value90
$675/sqft — vs. Mid-Beach & North Beach condos, then all of Miami
Momentum45
-1.4% $/sqft over 6 months
Liquidity38
18.0 months of supply · 65 days on market
Health98
Verified records on file — nothing adverse
Waterfront90
Waterfront building
Age83
Built 2016 — vs. Mid-Beach & North Beach buildings
own.miami Condo Index
95At market100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#379 of 698 tracked Miami condos
Top 54% by price per sq ft
#38 of 85 in Mid-Beach & North Beach
Momentum
→ Steady
$675/sqft median ask
Liquidity
Balanced
See the full Condo Index →

The stacks

5 lines · modeled from 32 sales

Condos repeat vertically — each “line” is a stack of near-identical units up the tower. We reconstruct Peloro’s lines from its sale history: the floorplan, the view, and how $/sqft climbs with the floor. The best value is the -05 line.

LineLayoutSizeView$/sqftSales
-011 bd · 1 ba596 sqftBayWaterfront$705/sqft4
-05Best value2 bd · 2 ba1,150 sqftBayWaterfront$531/sqft3
-082 bd · 2 ba1,175 sqftBayWaterfront$711/sqft2
-092 bd · 2 ba1,143 sqftBayWaterfront$744/sqft2
-122 bd · 2 ba1,135 sqftBayWaterfront$649/sqft4

Modeled from Peloro’s past listings and sales — a guide to the building’s layouts and floor premiums, not an official floor plan. “Per floor” is the average $/sqft change per floor up the stack.

What’s a unit here worth?

Pick a line and a floor — we estimate the value from Peloro’s own sales history.

Estimated value
$595,000
$546,000–$643,000 · $517/sqft
Moderate confidence · 3 sales

Estimate only — not an appraisal. It reflects the line and floor, not a specific unit’s condition, renovations or view obstructions.

Want the inside track on Peloro?

Get new listings here before the portals, and a straight answer from someone who knows the building.

Inventory

Sold $/sqft trend

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

$542$740$937Feb 2024Jun 2024Dec 2024Jul 2025Feb 2026Jul 2026

Location

Nearby buildings within half a mile.

Building facts

Address
6620 Indian Creek Dr
Year built
2016
Floors
7
Residences
114
Developer
Palau North Beach LLC
Waterfront
Yes

Amenities

  • · Pool
  • · Spa
  • · Fitness center
  • · Sauna
  • · Valet
  • · Concierge
  • · Business center
  • · Rooftop terrace
  • · BBQ area
  • · Atrium
  • · Marina
  • · Security
  • · Massage room

Building rules

Parking
Parking is managed via valet service, with some units offering assigned garage spaces.

Special assessments & recertification outlook

Clear

Public records checked Oct 30, 2026 (Miami-Dade Clerk, civil docket, Florida DBPR).

Verified records

  • PositiveNo special assessment — noted on 1 listingsAug 28, 2026

    Source: MLS listing remarks

  • Verified: no special assessment in force
  • Built 2016 — its first 25-year structural milestone inspection is due around 2041

Estimated from Peloro’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 Peloro: recorded purchase mortgages, the down payments they accepted, and the programmes in use.

49Limited financing
Mortgages recorded, 12 months
5
5 from banks and credit unions · purchases and refinances
Sales bank-financed
38%
8 recorded sales, 12 months · Resales only
Average down payment
29.2%
Lowest down payment accepted
25%
Loan programmes, 24 months:Conventional 5

High 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
6.6 ft
Lowest nearby street
4.7 ft
Highest predicted tide, 2026
1.0 ft

Elevations in feet above the NAVD88 datum.

The lowest street next to this building sits 3.7 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 Peloro cost?+

There are 9 condos for sale at Peloro, from $385,000, with a median asking price of $649,000 ($675/sqft).

How much are the HOA fees at Peloro?+

HOA / maintenance fees at Peloro run around $1,896 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 Peloro a waterfront building?+

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

When was Peloro built?+

Peloro was built in 2016, 7 stories, 114 residences.

Who developed Peloro?+

Peloro was developed by Palau North Beach LLC.

Stay ahead
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