Home » Miami Beach » Mei at 5875 Collins Ave Miami Beach » 5875 Collins Ave 1206, Miami Beach, FL 33140 | A11492106

Sold 5875 Collins Ave 1206, Miami Beach, FL 33140

$950,000
closed for a price of $935,000

Property Highlights

Listing ID A11492106 Status of this Listing: Closed Sold Property Type Residential Condominium 1 Bedrooms 2 Bathrooms Total 1 Full Bath 1 Half Bath Living Space 833 Sqft/77.39 m2 approx. Building Area 833 Sqft/77.39 m2 approx. 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 236 Days

5875 Collins Ave 1206, Miami Beach, FL 33140

Property Description: Enjoy the ultimate in luxury living with majestic rare east/west views of the ocean, city and bay from this surprisingly well priced condo in the heart of Miami Beach located on Millionaires row. This 1 bedroom 1.5 bath residence features a modern Italian kitchen, wood floors, new walk in closet, large open shower, jacuzzi size tub and a spacious terrace perfect for sunset cocktails. The Mei is an elegant boutique condo with just 134 residences offering 5 star services and high-end amenities including beach service, a state-of-the-art fitness center, spa, business center, heated pool, cold plunge, infrared sauna, tea lounge, library, spa, valet parking, 24-hour security and more. The prime location is an ideal seaside escape near numerous luxury shops and notable restaurants.

Useful Info

Previous Asking Price:$970,000
Original List Price:$999,500
Close Price:$935,000
More Listings Same Building:Mei at 5875 Collins Ave Miami Beach

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • New Construction
Architectural
Style:
  • High Rise
Entry Level (floor):12
Entry Level Location:12
Construction Materials:
  • Block
Flooring:
  • Wood
Number of stories:22

Property Features

Has View:Yes
View from the Property:
  • Ocean
  • Water
  • City
  • Other
Waterfront:Yes
Waterfront Features:
  • Ocean Access
Swimming Pool Features:
  • Heated
Security:
  • Smoke Detector(s)
  • Fire Sprinkler System
  • Door Man
  • Elevator Secured
  • Lobby Secured
  • Closed Circuit Camera(s)
Furnished:
  • Unfurnished
Appliances:
  • Dryer
  • Dishwasher
  • Microwave
  • Refrigerator
  • Washer
  • Built-in Oven
  • Electric Range
  • Self Cleaning Oven
Interior Features:
  • Living/dining Room
  • Bedroom On Main Level
  • Elevator
  • Separate Shower
Exterior Features:
  • Balcony
  • Privacy Wall
Patio and Porch Features:
  • Balcony
  • Open
Window Features:
  • Blinds
  • Impact Glass
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
  • Electric
Heating:Yes
Heating System:
  • Central
  • Electric
Fence:
  • Wall

Taxes and Expenses

Tax Annual Amount:$11,135

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:$1,935
Association Fee Frequency:
  • Monthly
Association Fee 3rd HOA Frequency:
  • Monthly
Property Tax Status:Tax Reflects City & County Tax

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?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Pool
  • Spa/hot Tub
  • Elevator(s)
  • Fitness Center
  • Trail(s)
Subdivision Name:MEI CONDO
Association Fee Includes:
  • Cable Tv
  • Maintenance Structure
  • Common Areas
  • Electricity
  • Amenities
Complex Name:MEI CONDO
Senior Community:No
Restrictions: OK To Lease

Parking

Garage:Yes
Garage Spaces:1
Covered Spaces:1
Parking Features:
  • One Space
  • Garage
  • Covered
  • Detached

Public Schools Assigned

Note: provided by seller, please contact the school district to confirm the school assignment for this property address.

Elementary School:Sanders Memorial Elemen
High School:Miami Beach
Middle Or Junior School:Nautilus

More Details

Other Information:
Unit ViewOcean View,Other View,Skyline View,Water View
Housing Older Persons ActUnverified
Unit DesignHigh Rise
Type of AssociationCondo
Minimum Number of Days for Lease180
Type of Governing BodiesCondominium
Tax InformationTax Reflects City & County Tax
Number of times allowed to lease per year2
Flood ZoneAE
Building Number5875
Homeowner's Association Application Fee150
Style Condo 5+ Stories
FEMA Flood Zone DesignationsAE
Municipal Code2
Subdivision Number31
Buyer Country of ResidenceUnknown/Withheld
Water Access Description:Deeded Beach Access

Zoning and Legal

Tax Legal Description:MEI CONDO UNIT 1206 UNDIV 0.482220400% INT IN COMMON ELEMENTS OFF REC 26354-2290
Real Estate Folio Number (Parcel Number):02-32-14-031-0940
Public Survey Township:2
Public Survey Range:32
Public Survey Section:14

Listing History

Update/EventDate/Days
Published Date:November 28, 2023 10:11 am
On Market Date:November 28, 2023
Close Date:July 21, 2024
Price Change Date Time:April 24, 2024 9:44 am
Last Important Update Description:Closed
Date and Time of Last Important Update:July 25, 2024 9:55 am
Status Last Changed:July 25, 2024 9:55 am
Photos Last Modified:December 1, 2023 5:48 pm
Last Modified:July 25, 2024 1:55 pm
Days on the Market Reference Date:July 25, 2024
Days on the Market (updated on Last Modified*):205
Cumulative Days on the Market (updated on Last Modified**):205

Additional Information

Unit Location:High Rise
Number of Photos:37
Location:,,
Included:,,
Area:32
Courtesy of:Douglas Elliman
Attribution:joyce@joycegato.com
Universal Property Id:US-12025-N-0232140310940-R-N

Location

Show Property Address:Yes
Street Name:Collins Ave
Street Number:5875
Street Address:5875 Collins Ave 1206
Unit Number:1206
City : Miami Beach
State : Florida
Zip Code : 33140
County : Miami-Dade County
Full Address:5875 Collins Ave 1206, 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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