Home » Miami Beach » Mei at 5875 Collins Ave Miami Beach » 5875 COLLINS AV 703, Miami Beach, FL 33140 | A11470672

Sold 5875 COLLINS AV 703, Miami Beach, FL 33140

$1,450,000
closed for a price of $1,285,000

Property Highlights

Listing ID A11470672 Status of this Listing: Closed Sold Property Type Residential Condominium 2 Bedrooms 3 Bathrooms Total 2 Full Bath 1 Half Bath Living Space 1,094 Sqft/101.64 m2 approx. POOL Year Built 2008 Waterfront Has view of the Ocean Lease Term Minimum Duration: 90 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 90 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 316 Days

5875 COLLINS AV 703, Miami Beach, FL 33140

Property Description: Elevate your lifestyle at MEI Miami Beach, a sanctuary that transcends the ordinary, seamlessly blending modern design with timeless luxury. This isn 't just a residence; it 's an invitation to immerse yourself in the epitome of resort living, where every day unfolds like a vacation, and each moment beckons you to savor life 's finest pleasures. Step through the doors of MEI into a world of opulence, where meticulous attention to detail creates an ambiance that exceeds all expectations. More than a home, MEI offers an unparalleled lifestyle, a harmonious fusion of sophistication and comfort. Picture yourself in the dazzling lobby, find tranquility in the TEA lounge, draw inspiration from the ZEN library, and rejuvenate your senses in the spa - each space a testament to refined living.

Residential Condominium Sold located at 5875 COLLINS AV 703 Miami Beach FL 33140 in Miami-Dade referenced as ID MLS # A11470672. 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:3rd Party Approval
Previous Asking Price:$1,465,000
Original List Price:$1,550,000
Close Price:$1,285,000
More Listings Same Building:Mei at 5875 Collins Ave Miami Beach

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Architectural
Style:
  • High Rise
Entry Level (floor):7
Entry Level Location:7
Construction Materials:
  • Block
Flooring:
  • Wood
Number of stories:22
Stories:0

Property Features

Has View:Yes
View from the Property:
  • Ocean
  • Water
Waterfront:Yes
Waterfront Features:
  • Ocean Access
  • Ocean Front
Swimming Pool Features:
  • Heated
Security:
  • Smoke Detector(s)
  • Door Man
  • Security Guard
  • Elevator Secured
  • Secured Garage/parking
Furnished:
  • Furnished
Appliances:
  • Dryer
  • Dishwasher
  • Disposal
  • Refrigerator
  • Washer
  • Built-in Oven
  • Electric Range
  • Ice Maker
Interior Features:
  • Breakfast Bar
  • Eat-in Kitchen
  • Living/dining Room
  • Split Bedrooms
  • Kitchen Island
  • Other
  • Elevator
Exterior Features:
  • Balcony
Patio and Porch Features:
  • Balcony
  • Open
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central
Property Entrance Faces:
  • Northeast

Taxes and Expenses

Tax Annual Amount:$14,723

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:2023
Association Fee:$2,496
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects No Homestead Tax

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Vacant
Buyer Possession:
  • Close Of Escrow
Buyer Financing:
  • Conventional
Lease Considered:No

Community

Pets Allowed?:
  • Size Limit (There are size restrictions on allowed pets)
  • Yes
Amenities Provided by the Homeowner's Association (HOA):
  • Business Center
  • Library
  • Pool
  • Trash
  • Storage
  • Elevator(s)
  • Fitness Center
Subdivision Name:MEI CONDO
Association Fee Includes:
  • Security
  • Maintenance Structure
  • Common Areas
  • Association Management
  • Amenities
Complex Name:MEI CONDO
Senior Community:No
Restrictions:No RV (recreational vehicle), No Truck,Ok To Lease

Parking

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

Utilities

Utilities Available:
  • Cable Available

More Details

Other Information:
Unit ViewOcean View,Water View
Housing Older Persons ActNo HOPA
Water AccessDeeded Beach Access,Other
Boat ServicesBeach Access
Unit DesignHigh Rise
Type of AssociationCondo
For Lease MLS NumberA11451660
Minimum Number of Days for Lease90
Type of Governing BodiesCondominium
Tax InformationTax Reflects No Homestead Tax
Number of times allowed to lease per year2
Homeowner's Association Application Fee250
Style Condo 5+ Stories
Municipal Code2
Subdivision Number31
Buyer Country of ResidenceUnknown/Withheld
Water Access Description:Deeded Beach Access,Other

Zoning and Legal

Tax Legal Description:MEI CONDOUNIT 703 UNDIV 0.632924720% INT IN COMMON ELEMENTS OFF
Real Estate Folio Number (Parcel Number):02-32-14-031-0410
Public Survey Township:2
Public Survey Range:32
Public Survey Section:14

Listing History

Update/EventDate/Days
Published Date:October 23, 2023 11:04 am
On Market Date:October 23, 2023
Close Date:September 3, 2024
Price Change Date Time:May 22, 2024 10:52 am
Last Important Update Description:Closed
Date and Time of Last Important Update:September 5, 2024 9:06 am
Status Last Changed:September 5, 2024 9:06 am
Photos Last Modified:October 10, 2024 10:17 pm
Last Modified:September 5, 2024 2:24 pm
Days on the Market Reference Date:September 5, 2024
Days on the Market (updated on Last Modified*):260
Cumulative Days on the Market (updated on Last Modified**):260

Additional Information

Unit Location:High Rise
Number of Photos:0
Location:,,
Included:,,
Area:32
Automated Valuation Display:Yes
Courtesy of:Keller Williams Capital Realty
Universal Property Id:US-12025-N-0232140310410-R-N

Location

Show Property Address:Yes
Street Name:COLLINS AV
Street Number:5875
Street Address:5875 COLLINS AV 703
Unit Number:703
City : Miami Beach
State : Florida
Zip Code : 33140
County : Miami-Dade
Full Address:5875 COLLINS AV 703, 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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