Home » Miami Beach » Mei at 5875 Collins Ave Miami Beach » 5875 Collins Ave 1102, Miami Beach, FL 33140 | A11520046

For Sale 5875 Collins Ave 1102, Miami Beach, FL 33140

$3,600,000
Price has decreased by $350,000

Property Highlights

Listing ID A11520046 Status of this Listing: Active For Sale Property Type Residential Condominium 3 Bedrooms 4 Bathrooms Total 3 Full Bath 1 Half Bath Living Space 1,725 Sqft/160.26 m2 approx. Building Area 1,725 Sqft/160.26 m2 approx. Year Built 2008 Waterfront Has view of the Ocean Time of this property on Rebonus 320 Day(s)

5875 Collins Ave 1102, Miami Beach, FL 33140

Property Description: Rarely available sought after Southeast corner with direct ocean views and the iconic Miami sunsets over the downtown skyline. This 3 bed/3.5 bath has brand new floors and remodeled kitchen complimented with floor-to-ceiling glass. Enjoy an 800 sf wrap-around terrace from your private corner residence to take in the sunrises over the ocean and sunsets over the skyline. The MEI is an Asian inspired boutique style, luxury building on Miami Beach’s Millionaire’s Row and provides sophistication, tranquility, and a modern feel. Its amenities include spa, gym, swimming pool, yoga room, Zen library, full beach service, valet, and concierge.

Useful Info

Previous Asking Price:$3,750,000
Original List Price:$3,950,000
More Listings Same Building:Mei at 5875 Collins Ave Miami Beach

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Newly Updated/renovated
Architectural
Style:
  • High Rise
Entry Level (floor):11
Entry Level Location:11
Construction Materials:
  • Block
Flooring:
  • Wood
Number of stories:22

Property Features

Has View:Yes
View from the Property:
  • Ocean
  • City
Waterfront:Yes
Waterfront Features:
  • Ocean Access
  • Ocean Front
Security:
  • Door Man
Appliances:
  • Dishwasher
Interior Features:
  • First Floor Entry
  • Bedroom On Main Level
Exterior Features:
  • Patio
Patio and Porch Features:
  • Patio
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$37,875

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:2024
Association Fee:$3,854
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects No Exemptions

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Vacant
Buyer Possession:
  • Closing & Funding
Lease Considered:Yes

Community

Pets Allowed?:
  • Yes
  • No Pet Restrictions
Amenities Provided by the Homeowner's Association (HOA):
  • Bike Storage
Subdivision Name:MEI CONDO
Association Fee Includes:
  • Parking
Complex Name:MEI CONDO
Senior Community:No
Restrictions: See Remarks

Parking

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

More Details

Other Information:
Unit ViewOcean View,Direct Ocean,Skyline View
Housing Older Persons ActNo HOPA
Unit DesignCorner Unit,High Rise
Type of AssociationCondo,Homeowners
Minimum Number of Days for Lease180
Type of Governing BodiesHomeowner Association
Tax InformationTax Reflects No Exemptions
Number of times allowed to lease per year2
Flood ZoneAE
Homeowner's Association Application Fee150
StyleCondo 5+ Stories
FEMA Flood Zone DesignationsAE
Municipal Code2
Ref1058667917
Subdivision Number31
Pet Fee0
Water Access Description:None

Zoning and Legal

Tax Legal Description:MEI CONDO UNIT 1102 UNDIV 0.998040820% INT IN COMMON ELEMENTS OFF REC 26354-2290
Real Estate Folio Number (Parcel Number):02-32-14-031-0280
Public Survey Township:2
Public Survey Range:32
Public Survey Section:14

Listing History

Update/EventDate/Days
Published Date:January 24, 2024 7:37 am
On Market Date:January 23, 2024
Price Change Date Time:December 2, 2024 5:03 pm
Last Important Update Description:Price Change
Date and Time of Last Important Update:December 2, 2024 5:03 pm
Status Last Changed:January 24, 2024 7:37 am
Photos Last Modified:August 27, 2024 4:58 pm
Last Modified:December 9, 2024 4:25 pm
Days on the Market Reference Date:December 9, 2024
Days on the Market (updated on Last Modified*):321
Cumulative Days on the Market (updated on Last Modified**):321

Additional Information

Unit Location:Corner Unit,High Rise
Number of Photos:42
Location:,,
Included:,,
Area:32
Courtesy of:The Inside Network
Universal Property Id:US-12025-N-0232140310280-R-N

Location

Show Property Address:Yes
Street Name:Collins Ave
Street Number:5875
Street Address:5875 Collins Ave 1102
Unit Number:1102
City : Miami Beach
State : Florida
Zip Code : 33140
County : Miami-Dade
Full Address:5875 Collins Ave 1102, Miami Beach, FL 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

%

%

$

$

$

$

$