$582,000
SOLD OCT 30, 2015

5970 Indian Creek Dr Unit 502 Miami Beach, FL 33140

Oceanfront Neighborhood
3 Beds
3 Baths
1,420 Sq Ft
$934/mo HOA Fee

Recently Sold

$410 Per Sq Ft

17% Below List Price

216 Days on Market

Highlights

  • Doorman
  • Marina
  • Property Fronts a Bay or Harbor
  • North Beach Elementary School Rated A-
  • Private Dock
  • Home fronts a creek

About This Home

As of May 2021

Built in 2004 Nautica is a boutique waterfront building on Miami Beach's iconic, Millionaire's Row. Light filled corner unit w/ desirable split BR plan. Features an open layout, sleek European style kitchen, wood floors, volume ceilings, wrap-around balc ony & impact glass. Building amenities include direct access to beach, boat dock, 24 hour security, gym, sauna & steam room and a roof top pool & spa w/Intracoastal views. Centrally located between South Beach & the luxurious shops of Bal Harbour.

Last Agent to Sell the Property

Riley Smith

Compass Florida, LLC License #3028618 Listed on: 02/25/2015

Compass Florida, LLC

Co-Listed By

Dominique Duque

Compass Florida, LLC. License #3202937

Last Buyer's Agent

Stephanie Bienstock

Blackbook Properties License #3094886

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,996

Year Built

  • Built in 2004

Lot Details

  • Home fronts a creek
  • Property Fronts a Bay or Harbor
  • Home fronts a canal
  • Southeast Facing Home
  • Fenced

HOA Fees

  • $934 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Secured Garage or Parking
  • Assigned Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,420 Sq Ft Home
  • Built-In Features
  • Blinds
  • Sliding Windows
  • Combination Dining and Living Room
  • Wood Flooring
  • Water Views
  • Washer

Kitchen

  • Breakfast Area or Nook
  • Built-In Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Home Security

Outdoor Features

  • Private Dock
  • Balcony

Additional Features

  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-14-029-0110

Community Details

Overview

  • Mid-Rise Condominium
  • Nautica Condos
  • 6-Story Property

Amenities

  • Doorman
  • Sauna
  • Clubhouse
  • Elevator

Recreation

  • Boat Dock
  • Marina
  • Heated Community Pool
  • Community Spa

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Card or Code Access
  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,996

Year Built

Built in 2004

Lot Details

0

HOA Fees

$934 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Directions: 59TH STREET & COLLINS - GO WEST TO INDIAN CREEK DR.
  • Entry Level: 5
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access,Dock Available,Private Dock
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Split Bedroom, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 1420
  • Possible Use: Unknown/Withheld
  • Stories: 6
  • Window Features: Blinds, Impact Glass, Sliding
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level
  • Dining Room Features: Breakfast Area, Dining/Living Room
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • View: Other View, Water View
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Southeast
  • Disclosures: Disclosure
  • Fencing: Fenced
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Front, Creek
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Nautica
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Assigned, Covered, 1 Space

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Smoke Detector, Doorman, Card Entry, Secured Garage/Parking

Condo/Co-op/Association

  • Association Fee: 934
  • Amenities: Boat Dock, Clubhouse-Clubroom, Elevator(s), Heated Pool, Marina, Pool, Sauna, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-14-029-0110
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 934

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 5996

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2020
Closed on
May 27, 2021
Sold by
Daniels David
Bought by
Serrano Joem M and Serrano Jessica C
Seller's Agent
Stephanie Bienstock
Blackbook Properties
Buyer's Agent
Danell Van Orden
The Keyes Company
List Price
$550,000
Sold Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.05%
Original Mortgage
$350,000
Outstanding Balance
$318,258
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$561,699

Purchase Details

Listed on
Feb 25, 2015
Closed on
Oct 1, 2015
Sold by
Paradiso Investments Llc
Bought by
Daniels David
Seller's Agent
Riley Smith
Compass Florida, LLC
Buyer's Agent
Stephanie Bienstock
Blackbook Properties
List Price
$698,000
Sold Price
$582,000
Premium/Discount to List
-$116,000
-16.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.01%
Original Mortgage
$417,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2012
Sold by
Garcia Danna M
Bought by
Paradiso Investments Llc

Purchase Details

Closed on
May 29, 2009
Sold by
Garcia Danna
Bought by
Garcia D Maria

Purchase Details

Closed on
Mar 8, 2005
Sold by
Celor Inc
Bought by
Garcia Danna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 19, 2004
Sold by
Nautica Investments Llc
Bought by
Celor Inc
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $550,000 Stewart Title Company
Warranty Deed $582,000 Attorney
Quit Claim Deed -- Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $500,000 United Title & Escrow Llc
Special Warranty Deed $460,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $350,000 New Conventional
Previous Owner $417,000 New Conventional
Previous Owner $320,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 For Rent $4,800 0.0% --
07/01/2025 07/01/25 For Sale $849,000 +54.4% $598 / Sq Ft
05/28/2021 05/28/21 Sold $550,000 0.0% $387 / Sq Ft
04/25/2021 04/25/21 Pending -- -- --
04/24/2021 04/24/21 Off Market $550,000 -- --
07/15/2020 07/15/20 Rented $3,100 0.0% --
03/31/2020 03/31/20 For Sale $550,000 0.0% $387 / Sq Ft
03/31/2020 03/31/20 For Rent $3,250 0.0% --
07/05/2019 07/05/19 Rented $3,250 0.0% --
07/03/2019 07/03/19 Under Contract -- -- --
05/24/2019 05/24/19 Price Changed $3,250 -7.1% $2 / Sq Ft
05/06/2019 05/06/19 Price Changed $3,500 -6.7% $2 / Sq Ft
03/14/2019 03/14/19 For Rent $3,750 0.0% --
10/30/2015 10/30/15 Sold $582,000 -2.8% $410 / Sq Ft
08/05/2015 08/05/15 Price Changed $599,000 -4.8% $422 / Sq Ft
05/18/2015 05/18/15 Price Changed $629,000 -3.1% $443 / Sq Ft
05/01/2015 05/01/15 Price Changed $649,000 -7.0% $457 / Sq Ft
02/25/2015 02/25/15 For Sale $698,000 0.0% $492 / Sq Ft
09/04/2012 09/04/12 Rented $3,300 -5.7% --
09/04/2012 09/04/12 For Rent $3,500 -- --
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,337 $496,880 -- --
2024 $8,884 $496,880 -- --
2023 $8,884 $455,470 $0 $0
2022 $7,780 $414,064 $0 $0
2021 $7,138 $369,700 $0 $0
2020 $7,150 $369,300 $0 $0
2019 $7,136 $409,000 $0 $0
2018 $6,919 $409,000 $0 $0
2017 $7,021 $409,492 $0 $0
2016 $9,817 $545,990 $0 $0
2015 $8,117 $324,643 $0 $0
2014 $5,996 $295,130 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2077919

MIAMI REALTORS® MLS

APN: 02-3214-029-0110