Home » Miami Beach » Mei at 5875 Collins Ave Miami Beach » 5875 Collins Ave PH6, Miami Beach, FL 33140 | A11352013

Sold 5875 Collins Ave PH6, Miami Beach, FL 33140

$2,395,000
closed for a price of $2,200,000

Property Highlights

Listing ID A11352013 Status of this Listing: Closed Sold Property Type Residential Condominium 2 Bedrooms 3 Bathrooms Total 2 Full Bath 1 Half Bath Living Space 1,707 Sqft/158.59 m2 approx. Building Area 2,144 Sqft/199.18 m2 approx. Year Built 2008 Waterfront Has view of the Ocean Lease Term Minimum Duration: 180 What it means?Refers to a regulation set by the property association, stipulating that each rental agreement for the property must be for a duration of at least 180 days. This rule ensures that every time the property is rented out, the lease term cannot be shorter than the specified minimum period. Time of this property from published date until Closing Date 338 Days

5875 Collins Ave PH6, Miami Beach, FL 33140

Property Description: Magnificent two-story Penthouse outfitted by Ornare with custom kitchen, bathrooms, built-ins, wardrobes and doors. Other fine details feature genuine marble flooring, custom ceiling and lighting and automated window shades throughout. Enjoy clearing upper floor views of the ocean, bay, golf course and intracoastal all backlit by the glittering downtown skyline in the evenings. Generous outdoor space with two terraces, this Penthouse 's southern location has great natural light. Perfectly located within Miami Beach, Mei is an exclusive building with a limited number of residences and phenomenal amenities and services.

Useful Info

Contingency:Other
Previous Asking Price:$2,495,000
Original List Price:$2,695,000
Close Price:$2,200,000
More Listings Same Building:Mei at 5875 Collins Ave Miami Beach

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Builder Model:Penthouse
Year Built Details:
  • Resale
Architectural
Style:
  • Split-level
  • Penthouse
Levels:Multi/Split
Entry Level (floor):22
Entry Level Location:22
Construction Materials:
  • Block
Flooring:
  • Marble
Number of stories:22

Property Features

Has View:Yes
View from the Property:
  • Intercoastal
  • Ocean
  • City
  • Bay
Waterfront:Yes
Waterfront Features:
  • Ocean Front
Security:
  • Smoke Detector(s)
  • Lobby Secured
  • Other
Furnished:
  • Unfurnished
Appliances:
  • Microwave
  • Refrigerator
  • Built-in Oven
  • Electric Range
Interior Features:
  • First Floor Entry
  • Closet Cabinetry
  • Built-in Features
  • Other
  • Second Floor Entry
  • Dual Sinks
Exterior Features:
  • Security/high Impact Doors
  • Balcony
Patio and Porch Features:
  • Balcony
  • Open
Window Features:
  • Blinds
  • Impact Glass
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$20,910

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2022
Association Fee Frequency:
  • Monthly
Association Fee 3rd HOA:$3,309
Association Fee 3rd HOA Frequency:
  • Monthly
Property Tax Status:Tax Reflects City & County Tax

Terms

Listing Terms Considered by Seller:
  • Cash
Occupant Type:
  • Call Agent
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Cash
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Pool
  • Bike Storage
  • Other
  • Elevator(s)
  • Fitness Center
  • Beach Rights
Subdivision Name:MEI CONDO
Association Fee Includes:
  • Sewer
  • Trash
  • Cable Tv
  • Pest Control
  • Pool(s)
  • Security
  • Maintenance Structure
  • Common Areas
  • Other
  • Association Management
  • Parking
  • Amenities
Complex Name:Mei Condo
Senior Community:No
Development Name:Mei Condo
Restrictions: OK To Lease

Parking

Garage Spaces:0
Covered Spaces:0
Parking Features:
  • Two Or More Spaces
  • Valet

More Details

Other Information:
Unit ViewBay,Intracoastal View,Ocean View,Skyline View
Housing Older Persons ActNo HOPA
Water AccessDeeded Beach Access
Unit DesignPenthouse,Split Level
Type of AssociationCondo
Type of Governing BodiesCondominium
Tax InformationTax Reflects City & County Tax
Flood ZoneAE
Homeowner's Association Application Fee150
Style Condo 5+ Stories
FEMA Flood Zone DesignationsAE
Municipal Code2
Subdivision Number31
Minimum Number of Days for Lease180
Number of times allowed to lease per year2
Buyer Country of ResidenceUnknown/Withheld
Water Access Description:Deeded Beach Access

Zoning and Legal

Tax Legal Description:MEI CONDO UNIT PH 6 UNDIV 0.964440800% INT IN COMMON ELEMENTS OFF REC 26354-2290
Real Estate Folio Number (Parcel Number):02-32-14-031-1000
Public Survey Township:2
Public Survey Range:32
Public Survey Section:14

Listing History

Update/EventDate/Days
Published Date:March 8, 2023 12:36 pm
On Market Date:March 8, 2023
Close Date:February 9, 2024
Price Change Date Time:December 4, 2023 5:57 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:February 9, 2024 10:07 am
Status Last Changed:February 9, 2024 10:07 am
Photos Last Modified:September 26, 2023 12:09 pm
Last Modified:February 9, 2024 3:08 pm
Days on the Market Reference Date:February 9, 2024
Days on the Market (updated on Last Modified*):213
Cumulative Days on the Market (updated on Last Modified**):213

Additional Information

Unit Location:Penthouse,Split Level
Number of Photos:47
Location:,,
Included:,,
Area:32
Automated Valuation Display:Yes
Courtesy of:Maxwell E Realty Inc
Universal Property Id:US-12025-N-0232140311000-R-N

Location

Show Property Address:Yes
Street Name:Collins Ave
Street Number:5875
Street Address:5875 Collins Ave PH6
Unit Number:PH6
City : Miami Beach
State : Florida
Zip Code : 33140
County : Miami-Dade County
Full Address:5875 Collins Ave PH6, Miami Beach, FL 33140
Latitude:N25° 50' 27.2''
Longitude:W81° 52' 47.2''

Neighborhood

Postal City:Miami Beach

Property Map

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