Home » Miami Beach » Mei at 5875 Collins Ave Miami Beach » 5875 Collins Ave 1403, Miami Beach, FL 33140 | A11494515

Sold 5875 Collins Ave 1403, Miami Beach, FL 33140

$1,595,000
closed for a price of $1,490,000

Property Highlights

Listing ID A11494515 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. Building Area 1,094 Sqft/101.64 m2 approx. 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 193 Days

5875 Collins Ave 1403, Miami Beach, FL 33140

Property Description: Rarely Available 2 Bed 2 ½ bath at the prestigious Mei Miami Beach with Ocean and Bay views. Originally furnished and designed by Famous Steven G Design House. The property has lots of Natural light from in every room with ocean views. Boutique building with all the modern amenities including pool and beach services, social rooms, library, gym, spa 24/7 front desk with Security and valet. Enjoy the full service building and amenities. See for yourself.

Residential Condominium Sold located at 5875 Collins Ave 1403 Miami Beach FL 33140 in Miami-Dade County referenced as ID MLS # A11494515. 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:$1,750,000
Original List Price:$1,750,000
Close Price:$1,490,000
More Listings Same Building:Mei at 5875 Collins Ave Miami Beach

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Builder Model:Mei Condo
Year Built Details:
  • Resale
Architectural
Style:
  • High Rise
Entry Level (floor):14
Entry Level Location:14
Construction Materials:
  • Block
Flooring:
  • Other
Number of stories:22

Property Features

Has View:Yes
View from the Property:
  • Water
Waterfront:Yes
Waterfront Features:
  • Ocean Access
  • Ocean Front
Security:
  • Door Man
Appliances:
  • Other
Interior Features:
  • Bedroom On Main Level
Exterior Features:
  • Security/high Impact Doors
  • Balcony
Patio and Porch Features:
  • Balcony
  • Open
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$16,754

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 Other Tax Exemption

Terms

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

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Hobby Room
  • Pool
  • Spa/hot Tub
  • Bike Storage
  • Elevator(s)
  • Fitness Center
Subdivision Name:MEI CONDO
Association Fee Includes:
  • Maintenance Grounds
  • Sewer
  • Water
  • Trash
  • Security
  • Maintenance Structure
  • Common Areas
  • Association Management
  • Parking
  • Legal/accounting
  • Amenities
Complex Name:Mei Condo
Senior Community:No
Development Name:Mei Condo
Restrictions: Other Restrictions

Parking

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

More Details

Other Information:
Unit ViewWater View
Housing Older Persons ActNo HOPA
Unit DesignHigh Rise,Interior Hall,Lobby
Type of AssociationCondo
Minimum Number of Days for Lease365
Type of Governing BodiesOther
Tax InformationTax Reflects Other Tax Exemption
Number of times allowed to lease per year1
Flood ZoneAE
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 Dock

Zoning and Legal

Tax Legal Description:MEI CONDO UNIT 1403 UNDIV 0.632924720% INT IN COMMON ELEMENTS OFF REC 26354-2290
Real Estate Folio Number (Parcel Number):02-32-14-031-0470
Public Survey Township:2
Public Survey Range:32
Public Survey Section:14

Listing History

Update/EventDate/Days
Published Date:December 1, 2023 3:47 pm
On Market Date:December 1, 2023
Close Date:June 11, 2024
Price Change Date Time:March 7, 2024 12:01 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:June 13, 2024 9:25 am
Status Last Changed:June 13, 2024 9:25 am
Photos Last Modified:December 4, 2023 10:58 pm
Last Modified:June 13, 2024 1:25 pm
Days on the Market Reference Date:June 13, 2024
Days on the Market (updated on Last Modified*):140
Cumulative Days on the Market (updated on Last Modified**):140

Additional Information

Unit Location:High Rise,Interior Hall,Lobby
Number of Photos:50
Location:,,
Included:,,
Area:32
Automated Valuation Display:Yes
Courtesy of:Fortune Christie's International Real Estate
Universal Property Id:US-12025-N-0232140310470-R-N

Location

Show Property Address:Yes
Street Name:Collins Ave
Street Number:5875
Street Address:5875 Collins Ave 1403
Unit Number:1403
City : Miami Beach
State : Florida
Zip Code : 33140
County : Miami-Dade County
Full Address:5875 Collins Ave 1403, 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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