5970 INDIAN CREEK DR PH-1, Miami Beach, FL 33140

Parcel: 0232140290300 · Residential · Condominium - Residential · Zoning: 4000

Assessed Value (2025)
$1,528,690

Property Details

Beds
4
Baths
3.5
Living Sqft
2,690
Year Built
2004
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$555,200
2015-07-30
NAUTICA CONDO ASSOC INCONEWEST BANK NA
2
$745,000+34%
2017-05-18
ONEWEST BANK NAR ADAM SARAUSKAS TRS
3
$870,100+17%
2021-03-29
R ADAM SARAUSKAS TRSSIMON LEE

Tax Assessment History

$1,528,690
Assessed (2025)
$1,528,690
Market Value
$1,477,968
Taxable Value
$30,090
Annual Tax
2024
$1,528,690
2025
$1,528,690
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,528,690 $1,528,690 $1,477,968 $30,090
2024 $1,528,690 $1,528,690 $1,478,690 $30,105

About 5970 INDIAN CREEK DR PH-1, Miami Beach, FL 33140

5970 INDIAN CREEK DR PH-1, Miami Beach, FL 33140 is a 4-bedroom, 3.5-bathroom residential - total value : condominium - residential built in 2004 with 2,690 square feet of living space. The property is currently owned by SIMON LEE, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2021-03-29 for $870,100, when R ADAM SARAUSKAS TRS sold to SIMON LEE. The property has appreciated $125,100 (17%) since the prior sale of $745,000 on 2017-05-18. There are 3 recorded sales for this property.

The 2025 assessed value is $1,528,690 with a market value of $1,528,690. The property has the following tax exemptions: homestead. The median household income in this area is $97,167, and the median home value is $577,400.

The population density is 25,325 people per square mile. There are active mortgage liens totaling $515,019 recorded against this property. 5970 INDIAN CREEK DR PH-1, Miami Beach, FL 33140 is located in Miami Beach, Florida.

Property records, tax assessments, sales history, and ownership information for this Miami Beach property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2015 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 176% of the most recent sale price.

This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $323 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

SIMON LEE
5970 INDIAN CREEK DR PH-1, MIAMI BEACH, FL, 33140
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$9,572 — $16,086
Flood $400 — $800
Property/Wind $9,172 — $15,286

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$97,167
Median Home Value$577,400
Pop. Density25,325/sq mi

Neighborhood 33140

27%
Owner-Occ
73%
Investor
2,819
Flips (4yr)
4,853
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →

Mortgages

ACTIVE
$548,250
~$515,019 bal.
GUARANTEED RATE INC · 2021-05-25
Est. Total Balance $515,019
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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