Home » Miami Beach » Mei at 5875 Collins Ave Miami Beach » 5875 Collins Ave 1407, Miami Beach, FL 33140 | A11500325

5875 Collins Ave 1407, Miami Beach, FL 33140 | Sold

$2,195,000
closed for a price of $2,100,000

Property Highlights

Listing ID A11500325 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 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 87 Days
38 Photos of this Property

5875 Collins Ave 1407, Miami Beach, FL 33140

Property Description: Indulge in unparalleled luxury living at one of the most exclusive addresses in Miami Beach. This flawlessly renovated, fully furnished 2-bed, 2.5-bath corner residence offers panoramic views from dawn to dusk, providing the best of both worlds. Move-in-ready with all essentials—just bring your toothbrush. Enjoy blackout shades and sheers throughout. Mei resort-style amenities include a fitness center, heated pools, beach service, valet parking, massage room, library, and 24-hr concierge. Experience the epitome of luxury in one place. Some art excluded in sale.

Useful Info

Contingency:Other
Original List Price:$2,195,000
Close Price:$2,100,000
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):14
Entry Level Location:14
Construction Materials:
  • Block
Flooring:
  • Marble
Number of stories:23

Property Features

Has View:Yes
View from the Property:
  • Ocean
  • City
Waterfront:Yes
Waterfront Features:
  • Ocean Front
Swimming Pool Features:
  • Heated
  • Association
Security:
  • Key Card Entry
  • Security Guard
Appliances:
  • Dryer
  • Dishwasher
  • Disposal
  • Microwave
  • Refrigerator
  • Washer
  • Electric Range
Interior Features:
  • Walk-in Closet(s)
  • Bedroom On Main Level
Exterior Features:
  • Security/high Impact Doors
  • Balcony
  • Porch
  • Privacy Wall
Patio and Porch Features:
  • Balcony
  • Open
  • Wrap Around
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
  • Electric
Heating:Yes
Heating System:
  • Central
  • Electric
Building Features:
  • Exterior Lighting

Taxes and Expenses

Tax Annual Amount:$27,696

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:$2,989
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects City & County Tax

Terms

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

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Business Center
  • Library
  • Pool
  • Trash
  • Elevator(s)
  • Fitness Center
  • Trail(s)
Subdivision Name:MEI CONDO
Association Fee Includes:
  • Cable Tv
  • Common Areas
  • Other
  • Internet
Complex Name:MEI
Senior Community:No
Restrictions: OK To Lease

Parking

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

More Details

Other Information:
Unit View: Ocean View,Skyline View
Housing Older Persons Act: No HOPA
Unit Design: Corner Unit,High Rise
Type of Association: Condo
Minimum Number of Days for Lease: 180
Type of Governing Bodies: Condominium
Tax Information: Tax Reflects City & County Tax
Number of times allowed to lease per year: 2
Flood Zone : AE
Homeowner's Association Application Fee: 100
Style: Condo 5+ Stories
FEMA Flood Zone Designations: AE
Municipal Code: 2
Subdivision Number: 31
Buyer Country of Residence: Unknown/Withheld
Water Access Description:Deeded Beach Access

Zoning and Legal

Tax Legal Description:MEI CONDO UNIT 1407 UNDIV 0.765620280% INT IN COMMON ELEMENTS OFF REC 26354-2290
Real Estate Folio Number (Parcel Number):02-32-14-031-1090
Public Survey Township:2
Public Survey Range:32
Public Survey Section:14

Listing History

Update/EventDate/Days
Published Date:December 19, 2023 1:43 pm
On Market Date:December 19, 2023
Close Date:March 15, 2024
Price Change Date Time:December 13, 2023 11:21 am
Last Important Update Description:Closed
Date and Time of Last Important Update:March 15, 2024 3:47 pm
Status Last Changed:March 15, 2024 3:47 pm
Photos Last Modified:December 19, 2023 7:02 pm
Last Modified:March 15, 2024 7:47 pm
Days on the Market Reference Date:March 15, 2024
Days on the Market (updated on Last Modified*):57
Cumulative Days on the Market (updated on Last Modified**):57

Additional Information

Unit Location:Corner Unit,High Rise
Number of Photos Count:38
Area:32
Ref ID:1052861942
Courtesy of:Compass Florida, LLC
Universal Property Id:US-12025-N-0232140311090-R-N

Location

Show Property Address:Yes
Street Name:Collins Ave
Street Number:5875
Street Address:5875 Collins Ave 1407
Unit Number:1407
City : Miami Beach
State : Florida
Zip Code : 33140
County : Miami-Dade County
Full Address:5875 Collins Ave 1407, 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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