Home » Miami Beach » Mei at 5875 Collins Ave Miami Beach » 5875 Collins Ave 607, Miami Beach, Florida 33140 | A11405829

Sold 5875 Collins Ave 607, Miami Beach, Florida 33140

$1,650,000
closed for a price of $1,450,000

Property Highlights

Listing ID A11405829 Status of this Listing: Closed Sold Property Type Residential Condominium 2 Bedrooms 3 Bathrooms Total 2 Full Bath 1 Half Bath Living Space 1,323 Sqft/122.91 m2 approx. Building Area 1,323 Sqft/122.91 m2 approx. COMMUNITY POOL Year Built 2008 Waterfront Lease Term Minimum Duration: 365 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 365 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 58 Days

5875 Collins Ave 607, Miami Beach, Florida 33140

Property Description: LOCATION, LOCATION, LOCATION right on Millionaire 's row one of the most beautiful beach areas in town. This modern building just finished an extensive multi million dollar renovation. That included most of the common areas, done by professional designers that created a modern and luxurious spaces. This corner unit offers Ocean and city views from a massive "L " shaped balcony ideal for daytime or nighttime gatherings.

Residential Condominium Sold located at 5875 Collins Ave 607 Miami Beach Florida 33140 in Miami-Dade County referenced as ID MLS # A11405829. 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:Pending Inspections
Previous Asking Price:$1,700,000
Original List Price:$1,700,000
Close Price:$1,450,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is
More Listings Same Building:Mei at 5875 Collins Ave Miami Beach

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Architectural
Style:
  • High Rise
Entry Level (floor):6
Entry Level Location:6
Construction Materials:
  • Block
Flooring:
  • Marble
Number of stories:22

Property Features

Has View:Yes
View from the Property:
  • Bay
Waterfront:Yes
Waterfront Features:
  • Ocean Access
Swimming Pool Features:
  • Association
Security:
  • Smoke Detector(s)
Furnished:
  • Furnished
Appliances:
  • Dryer
  • Dishwasher
  • Microwave
  • Refrigerator
  • Electric Water Heater
  • Ice Maker
Interior Features:
  • Living/dining Room
  • Split Bedrooms
  • Walk-in Closet(s)
  • Bedroom On Main Level
  • Entrance Foyer
  • Main Living Area Entry Level
Exterior Features:
  • Security/high Impact Doors
  • Balcony
Patio and Porch Features:
  • Balcony
  • Open
Window Features:
  • Impact Glass
  • Sliding
  • Casement Window(s)
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
  • Electric
Heating:Yes
Heating System:
  • Central
  • Electric
Property Entrance Faces:
  • West

Taxes and Expenses

Tax Annual Amount:$14,222

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:$2,654
Association Fee Frequency:
  • Monthly

Terms

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

Community

Pets Allowed?:
  • Conditional
  • No
Amenities Provided by the Homeowner's Association (HOA):
  • Pool
  • Spa/hot Tub
  • Other
  • Elevator(s)
  • Fitness Center
Subdivision Name:MEI CONDO
Association Fee Includes:
  • Security
  • Maintenance Structure
  • Common Areas
  • Amenities
Complex Name:MEI CONDO
Senior Community:No
Development Name:MEI CONDO
Restrictions: No Recreational Vehicles RV, No Truck, OK To Lease

Parking

Garage:Yes
Garage Spaces:1
Covered Spaces:1
Parking Features:
  • Valet

Utilities

Utilities Available:
  • Cable Available

More Details

Other Information:
Unit ViewBay
Housing Older Persons ActUnverified
Water AccessOther
Unit DesignEast Of Us1,High Rise
Type of AssociationCondo
Minimum Number of Days for Lease365
Type of Governing BodiesCondominium
Tax InformationTax Reflects City & County Tax,Tax Reflects No Exemptions
Buyer Country of ResidenceUnknown/Withheld
Number of times allowed to lease per year1
Homeowner's Association Application Fee150
Style Condo 5+ Stories
Municipal Code2
Subdivision Number31

Zoning and Legal

Tax Legal Description:MEI CONDO UNIT 607 UNDIV 0.765620280% INT IN COMMON ELEMENTS OFF REC 26354-2290
Real Estate Folio Number (Parcel Number):02-32-14-031-1020
Public Survey Township:2
Public Survey Range:32
Public Survey Section:14

Listing History

Update/EventDate/Days
Published Date:June 19, 2023 1:03 pm
On Market Date:June 19, 2023
Close Date:August 16, 2023
Price Change Date Time:June 19, 2023 1:06 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:August 17, 2023 11:10 am
Status Last Changed:August 17, 2023 11:10 am
Photos Last Modified:June 19, 2023 5:19 pm
Last Modified:August 17, 2023 3:11 pm
Days on the Market (updated on Last Modified*):25
Cumulative Days on the Market (updated on Last Modified**):148

Additional Information

Unit Location:East Of Us1,High Rise
Number of Photos:25
Location:,,
Included:,,
Area:32
Courtesy of:Cervera Real Estate Inc.
Universal Property Id:US-12025-N-0232140311020-R-N

Location

Show Property Address:Yes
Street Name:Collins Ave
Street Number:5875
Street Address:5875 Collins Ave 607
Unit Number:607
City : Miami Beach
State : Florida
Zip Code : 33140
County : Miami-Dade County
Full Address:5875 Collins Ave 607, Miami Beach, Florida 33140
Latitude:N25° 50' 27.2''
Longitude:W81° 52' 46.4''

Neighborhood

Postal City:Miami Beach

Property Map

Mortgage Calculator

Please note: The calculator shows the current listing asking price as home value. Update all fields at your convenience.

Calculate Your Mortgage Payment

$.00
$.00
6.5
30

Taxes and Insurance

$.00
$.00
%

Financial Analysis

%

%

$

$

$

$

$