5875 Collins Ave #501, Miami Beach, FL 33140
FOR SALE
3D VIEW

5875 Collins Ave #501
Miami Beach, FL 33140

Oceanfront
  • 2 Beds
  • 3 Baths
  • 1,322 sqft
  • 2 Beds
  • 3 Baths
  • 1,322 sqft

$3,295,000

Original price: $3,695,000
Est. Mortgage $22,689/mo*

Local Information

map showing home location
© Google
-- mins to
Commute Destination

Description

From breathtaking ocean views to unmatched elegance, Residence 501 at MEi Miami Beach is the perfect opportunity for sophisticated buyers seeking a quintessential seaside escape. This fully furnished, Northeast Corner 2 bed/2.5 bath home updated in 2021 and features contemporary finishes. Unwind in the stunning master suite, or entertain from your private, 4,252 square foot wraparound terrace. With its prime location and endless amenities, this stunning residence is a rare opportunity to experience the ultimate in oceanfront luxury. MEi is a boutique condominium of just 134 residences, offering a 5-star service environment including valet parking, beach access, state of the art pool, fitness center, tea lounge & library, spa, infrared sauna, cold-plunge pool, and much more.

Home Highlights

Parking
Garage
Outdoor
Porch, Deck, Pool
View
Ocean, Direct Ocean
HOA
$2,986/Monthly
Price/Sqft
$2,492
Listed
55 days ago

Home Details for 5875 Collins Ave #501

Interior Features

Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 1322 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven, WasherDishwasherDisposalDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Central,ElectricHas CoolingAir Conditioning: Central Air,ElectricHas HeatingHeating Fuel: Central
Fireplace & Spa
Spa: Association
Windows, Doors, Floors & Walls
Window: Clear Impact Glass, Blinds, High Impact WindowsDoor: High Impact DoorsFlooring: Ceramic Tile, OtherCommon Walls: Corner Unit
Levels, Entrance, & Accessibility
Number of Stories: 22Entry Location: First Floor EntryFloors: Ceramic Tile, Other
View
Has a ViewView: Ocean, Direct Ocean
Security
Security: Fire Alarm, Smoke Detector(s), Doorman, Elevator Secure, Card Entry, Lobby Secured

Exterior Features

Exterior Home Features
Patio / Porch: Deck, Open Porch, Wrap AroundExterior: Other, Open BalconyHas a Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageParking Spaces: 2Parking: 2 Or More Spaces,Valet
Pool
Pool: Association, Private PoolPool
Frontage
WaterfrontWaterfront: Intracoastal Front, Ocean Front, WaterfrontOn Waterfront
Farm & Range
Not Allowed to Raise Horses

Days on Market

Days on Market: 55

Property Information

Year Built
Year Built: 2008
Property Type / Style
Property Type: ResidentialProperty Subtype: Condominium, ResidentialStructure Type: Condo 5+ Stories, Condo, High RiseArchitecture: Condo 5+ Stories,Condo,High Rise
Building
Building Name: Mei CondominiumConstruction Materials: CBS ConstructionNot a New ConstructionAttached To Another Structure
Property Information
Parcel Number: 0232140310030

Price & Status

Price
List Price: $3,295,000Price Per Sqft: $2,492
Status Change & Dates
Possession Timing: Funding

Active Status

MLS Status: Active

Location

Direction & Address
City: Miami BeachCommunity: Mei Condo, Mei Condominium

Agent Information

Listing Agent
Listing ID: A11544184

Building

Building Area
Building Area: 5567 Square Feet

Community

Units in Building: 134

HOA

Association for this Listing: A-Miami Association of REALTORSHas an HOAHOA Fee: $2,986/Monthly

Offer

Listing Terms: All Cash

Compensation

Buyer Agency Commission: 3%Buyer Agency Commission Type: %Sub Agency Commission: 0%Sub Agency Commission Type: %Transaction Broker Commission: 3%Transaction Broker Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Rental

Rent Includes: Air Conditioning Maintenance, Building Exterior, Cable Tv, Common Area Maintenance, Elevator, Hot Water, Insurance, Internet/WiFi, Landscaping/Lawn Maintenance, Manager, Other Maintenance Includes, Pool Service, Security, Sewer, Trash Removal, Water

Miscellaneous

Mls Number: A11544184Water ViewWater View: Ocean, Direct Ocean

Additional Information

HOA Amenities: Bike Storage,Cabana,Clubhouse-Clubroom,Elevator(s),Fitness Center,Heated Pool,Library,Other,Trash Chute
Last check for updates: about 14 hours ago
Listing courtesy of Matthew Dugow, (305) 494-0033
Compass Florida, LLC.
Originating MLS: A-Miami Association of REALTORS
Source: MIAMI, MLS#A11544184

Price History for 5875 Collins Ave #501

DatePriceEventSource
04/16/2024$3,295,000PriceChange
MIAMI #A11544184
03/06/2024$3,695,000Listed For SaleMIAMI #A11544184
12/14/2021$2,150,000Sold
MIAMI #A11110266
10/27/2021$2,150,000PendingMIAMI #A11110266
10/12/2021$2,150,000ContingentMIAMI #A11110266
10/12/2021$2,150,000Listed For SaleMIAMI #A11110266
10/17/2019$1,000,000Sold
MIAMI #A10739073
09/24/2019$1,150,000PendingAgent Provided
04/25/2019$1,150,000PriceChange
Agent Provided
01/23/2019$1,399,000PriceChange
Agent Provided
12/17/2018$1,425,000Listed For SaleAgent Provided
07/06/2018$1,549,000ListingRemovedAgent Provided
03/07/2018$1,549,000PriceChange
Agent Provided
10/21/2017$1,649,000PriceChange
Agent Provided
09/01/2017$1,790,000Listed For SaleAgent Provided
06/02/2017$1,999,000ListingRemovedAgent Provided
01/20/2017$1,999,000PriceChange
Agent Provided
12/03/2016$2,250,000Listed For SaleAgent Provided
12/11/2009$840,000Sold
N/A

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Property Taxes and Assessment

Year2023
Tax$23,377
Assessment$1,861,530
Home facts updated by county records

Comparable Sales for 5875 Collins Ave #501

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.00
Condo
$2,100,000
03/15/24
2
3
1,323
0.00
Condo
$2,475,000
02/07/24
2
3
1,377
0.00
Condo
$2,200,000
02/09/24
2
3
1,707
0.00
Condo
$1,450,000
08/16/23
2
3
1,323
0.11
Condo
$2,250,000
08/02/23
2
3
1,262
0.11
Condo
$2,750,000
03/22/24
2
3
1,245
0.11
Condo
$3,550,000
05/15/23
2
3
1,276
0.19
Condo
$1,025,000
03/28/24
2
3
1,300

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Oceanfront

  • Trulia User
    "Beautiful community well-maintained one of the places you want to bring your family on a good vacation"
    1
    Flag
  • Trulia User
    "Very safe place, it’s very friendly neighborhood and a lots places nice. They love the animals, they take this place "
    0
    Flag
  • Julian.orbon
    "The beach is a great place for families. Lots to do and the city provides areas for bbq, volleyball, bikes, roller skating and there are a number of playgrounds. "
    2
    Flag
  • Juan C.
    "It is a wonderful city with lots to do. Much more than a sports town it offers lots of outdoor activities plus great restaurants,beaches, boating and great parks etc. "
    2
    Flag
  • Julian.orbon
    "There are parks, beaches and playgrounds in the neighborhood. All are well maintained and well lit. Good place for younger kids, and a great public school. "
    0
    Flag
  • Julian.orbon
    "There are places to walk the dog, but no dog park in walking distance. Dogs need to be leashed on the beach And mist of the breeds you see are smaller dogs. Few large dogs. "
    0
    Flag
  • Lena P.
    "Full cost with all payments neighborhood with market, rental car, hospital, markets, restaurants , area for children"
    0
    Flag
  • Alanys C.
    "Very easy commute. The trolleys are free and go almost everywhere. I was able to go to work everyday for free."
    0
    Flag
  • Lucia C.
    "I love living here.. is safe .. friendly With lots of light.. nice beach close to supermarket buses wi fi around bars restaurants buses to Orlando to key west close to Miami airport easy to get Uber "
    7
    Flag
  • Ailema A.
    "My neighborhood has great access to public transportation to go in and out of the Beach And it’s very friendly"
    1
    Flag
  • Lucia C.
    "I love the neyghborhood is very safe .. for everyone you c do sport ride bike rollers running go to the beach the beach always have a nice people "
    1
    Flag
  • M.b.
    "There is a nice playground for kids in the park along the beach. There are always lots of kids and it is relaxing for parents. "
    1
    Flag
  • Nadya G.
    "There are good public play grounds and the broadwalk is awasome for long walks! The neighborhood looks kids friendly and safe "
    0
    Flag
  • Janzavala95
    "I've lived in this neighborhood for 5 years now and I love it, this neighborhood has a movie theator, parks,shopping and foods of all kind. see you soon."
    3
    Flag
  • Benjamin G.
    "Full moon parties, water sports, yoga, fishing trips, scuba diving, fitness classes, paddle boarding, local festivals, sporting events. "
    0
    Flag
  • Trulia User
    "The people is what usually makes any area unique, plus all the buildings and shops around. Other than that it an average place for people who live here, but exotic for those who visit "
    2
    Flag
  • Peter
    "Close by the sea and walking distence from South Beach, shops and reastaurant. And the mix of residence and tourists."
    0
    Flag
  • Juliesus P.
    "The areas dogs can walk around, but they won’t like some of the neighbors. My family and I walk my dog every day and so far no problems. "
    0
    Flag
  • Patrick H.
    "There is easy access to the ocean walk and easy to get to a variety of restaurants. The neighborhood will soon get a stand alone Starbucks steps away from the ocean."
    0
    Flag
  • Philiprodriguezmd
    "I love my oceanfront building and neighborhood , so very close to the beach, restaurants and stores. I also love meeting nice people and tourists from all over the world at the beach and hotels nearby. It is a privilege to welcome everyone who comes to visit us and enjoy our beaches. I also enjoy my early evening at the boardwalk"
    5
    Flag
  • Veronica
    "City and wild life together. Miami Beach is a vibrant city while still being able to enjoy a peaceful life "
    0
    Flag
  • Mott K.
    "Close to all the action and happenings of SoBe, yet just a short hop from it all."
    0
    Flag

LGBTQ Local Legal Protections

Matthew Dugow, Compass Florida, LLC.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
5875 Collins Ave #501, Miami Beach, FL 33140 is a 2 bedroom, 3 bathroom, 1,322 sqft condo built in 2008. 5875 Collins Ave #501 is located in Oceanfront, Miami Beach. This property is currently available for sale and was listed by MIAMI on Mar 6, 2024. The MLS # for this home is MLS# A11544184.