Home » Miami Beach » Mei at 5875 Collins Ave Miami Beach » 5875 Collins Ave 2001, Miami Beach, FL 33140 | A11375550

Sold 5875 Collins Ave 2001, Miami Beach, FL 33140

$2,825,000
closed for a price of $2,475,000

Property Highlights

Listing ID A11375550 Status of this Listing: Closed Sold Property Type Residential Condominium 2 Bedrooms 3 Bathrooms Total 2 Full Bath 1 Half Bath Living Space 1,377 Sqft/127.93 m2 approx. Building Area 2,041 Sqft/189.62 m2 approx. COMMUNITY POOL 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 291 Days

5875 Collins Ave 2001, Miami Beach, FL 33140

Property Description: From breathtaking ocean views to unmatched elegance, Residence 2001 at MEi Miami Beach is the perfect opportunity for sophisticated buyers seeking a quintessential seaside escape with 2,041 square feet of indoor/outdoor living, 2 bed/2.5 bath home contemporary finishes throughout. Unwind in the stunning master suite, or take in Miami’s twinkling lights from your private, 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 concierge service environment including valet parking, beach service, state of the art pool and fitness center, cold plunge, infrared sauna, tea lounge, library, spa, and much more.

Residential Condominium Sold located at 5875 Collins Ave 2001 Miami Beach FL 33140 in Miami-Dade County referenced as ID MLS # A11375550. Find below more comprehensive details about this property. Get in touch with Rebonus, Realtors to arrange a personal viewing or a live video tour, or to submit an offer. If you are a property owner interested in selling a similar property, contact us and receive a free comparative market analysis. We also provide online video calls and meetings.

Useful Info

Contingency:No Contingencies
Previous Asking Price:$2,975,000
Original List Price:$3,125,000
Close Price:$2,475,000
More Listings Same Building:Mei at 5875 Collins Ave Miami Beach

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Newly Updated/renovated
Architectural
Style:
  • High Rise
Entry Level (floor):20
Entry Level Location:20
Construction Materials:
  • Block
Flooring:
  • Other
Number of stories:22
Number of Units in the Community or Building:134

Property Features

Has View:Yes
View from the Property:
  • Ocean
  • Water
  • Bay
Waterfront:Yes
Waterfront Features:
  • Ocean Front
Swimming Pool Features:
  • Heated
  • Association
Security:
  • Door Man
  • Key Card Entry
  • Elevator Secured
Furnished:
  • Furnished
Appliances:
  • Dryer
  • Dishwasher
  • Microwave
  • Refrigerator
  • Washer
  • Electric Range
  • Electric Water Heater
Interior Features:
  • First Floor Entry
  • Closet Cabinetry
  • Kitchen Island
  • Bedroom On Main Level
  • Built-in Features
  • Main Living Area Entry Level
  • Dual Sinks
Exterior Features:
  • Security/high Impact Doors
  • Porch
  • Privacy Wall
Patio and Porch Features:
  • Wrap Around
Window Features:
  • Blinds
  • Impact Glass
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
  • Electric
Heating:Yes
Heating System:
  • Central
  • Electric

Taxes and Expenses

Tax Annual Amount:$22,287

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:$2,651
Association Fee Frequency:
  • Monthly
Association Fee 3rd HOA:$2,651
Association Fee 3rd HOA Frequency:
  • Monthly
Property Tax Status:Tax Reflects No Exemptions

Terms

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

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Library
  • Pool
  • Spa/hot Tub
  • Bike Storage
  • Cabana
  • Vehicle Wash Area
  • Trash
  • Elevator(s)
  • Fitness Center
Subdivision Name:MEI CONDO
Association Fee Includes:
  • Maintenance Grounds
  • Sewer
  • Water
  • Trash
  • Cable Tv
  • Pool(s)
  • Security
  • Maintenance Structure
  • Common Areas
  • Other
  • Association Management
  • Insurance
  • Parking
  • Internet
  • Hot Water
  • Amenities
Complex Name:MEi
Senior Community:No
Restrictions: Other Restrictions

Parking

Garage:Yes
Garage Spaces:2
Covered Spaces:2
Parking Features:
  • Two Or More Spaces

More Details

Other Information:
Unit ViewBay,Direct Ocean,Water View
Housing Older Persons ActNo HOPA
Water AccessNone
Unit DesignCorner Unit,High Rise
Type of AssociationCondo,Homeowners
Type of Governing BodiesHomeowner Association
Tax InformationTax Reflects No Exemptions
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
Buy StateFlorida
Buyer Country of ResidenceUSA
Water Access Description:None

Zoning and Legal

Tax Legal Description:MEI CONDO UNIT 2001 UNDIV 0.764556350% INT IN COMMON ELEMENTS OFF REC 26354-2290
Real Estate Folio Number (Parcel Number):02-32-14-031-0170
Public Survey Township:2
Public Survey Range:32
Public Survey Section:14

Listing History

Update/EventDate/Days
Published Date:April 22, 2023 12:58 pm
On Market Date:April 22, 2023
Close Date:February 7, 2024
Price Change Date Time:December 11, 2023 7:40 am
Last Important Update Description:Closed
Date and Time of Last Important Update:February 7, 2024 10:53 am
Status Last Changed:February 7, 2024 10:53 am
Photos Last Modified:November 16, 2023 3:05 am
Last Modified:February 7, 2024 3:54 pm
Days on the Market Reference Date:February 7, 2024
Days on the Market (updated on Last Modified*):250
Cumulative Days on the Market (updated on Last Modified**):250

Additional Information

Unit Location:Corner Unit,High Rise
Number of Photos:36
Location:,,
Included:,,
Area:32
Courtesy of:Compass Florida, LLC.
Universal Property Id:US-12025-N-0232140310170-R-N

Location

Show Property Address:Yes
Street Name:Collins Ave
Street Number:5875
Street Address:5875 Collins Ave 2001
Unit Number:2001
City : Miami Beach
State : Florida
Zip Code : 33140
County : Miami-Dade County
Full Address:5875 Collins Ave 2001, Miami Beach, FL 33140
Latitude:N25° 50' 27.2''
Longitude:W81° 52' 46.4''

Neighborhood

Postal City:Miami Beach

Property Map

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