Home » Miami Beach » Mei at 5875 Collins Ave Miami Beach » 5875 Collins Ave 1507, Miami Beach, FL 33140 | A11592448

For Sale 5875 Collins Ave 1507, Miami Beach, FL 33140

$1,997,000
Price has decreased by $201,000

Property Highlights

Listing ID A11592448 Status of this Listing: Active For Sale 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. Year Built 2008 Waterfront Has view of the Ocean Time of this property on Rebonus 200 Day(s)

5875 Collins Ave 1507, Miami Beach, FL 33140

Property Description: Step into luxurious living with this perfect 2-bedroom, 2.5-bathroom corner unit at Mei, located in one of Miami Beach 's most exclusive areas. The unit comes with high-quality appliances, a new washer/dryer and fridge, beautiful marble floors, and window treatments already installed. Line 07 is considered the best 2-bedroom, 2.5-bathroom line in the building. Enjoy stunning panoramic views from morning to night and take advantage of all the essential amenities. Mei offers a resort-style living experience with top-notch concierge service, including valet parking, beach service, a fantastic pool and fitness center, cold plunge, infrared sauna, tea lounge, library, spa, and more.

Useful Info

Previous Asking Price:$2,086,000
Original List Price:$2,198,000
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
Entry Level (floor):1507
Entry Level Location:1507
Construction Materials:
  • Block
Flooring:
  • Marble
Number of stories:22

Property Features

Has View:Yes
View from the Property:
  • Ocean
  • Water
  • Bay
Waterfront:Yes
Waterfront Features:
  • Ocean Access
  • Ocean Front
  • Bayfront
Security:
  • Smoke Detector(s)
  • Fire Sprinkler System
  • Lobby Secured
  • Other
Appliances:
  • Dryer
  • Dishwasher
  • Microwave
  • Refrigerator
  • Washer
  • Electric Range
  • Electric Water Heater
  • Self Cleaning Oven
Interior Features:
  • Living/dining Room
  • Bedroom On Main Level
  • Built-in Features
  • Separate Shower
  • Dual Sinks
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
Property Entrance Faces:
  • East

Taxes and Expenses

Tax Annual Amount:$11,728

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 No Exemptions

Terms

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

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Pool
  • Sauna
  • Spa/hot Tub
  • Bike Storage
  • Elevator(s)
  • Fitness Center
  • Beach Rights
Subdivision Name:MEI CONDO
Association Fee Includes:
  • Sewer
  • Water
  • Trash
  • Cable Tv
  • Pool(s)
  • Common Areas
  • Association Management
  • Parking
  • Hot Water
  • Recreation Facilities
  • Amenities
Complex Name:MEI
Senior Community:No
Development Name:MEI
Restrictions: Other Restrictions

Parking

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

More Details

Other Information:
Unit ViewBay,Direct Ocean,Water View
Housing Older Persons ActNo HOPA
Unit DesignCorner Unit
Type of AssociationCondo
Minimum Number of Days for Lease180
Type of Governing BodiesHomeowner Association
Pet Fee0
Tax InformationTax Reflects No Exemptions
Number of times allowed to lease per year2
Flood ZoneAE
Homeowner's Association Application Fee150
Rooms DescriptionUtility Room/Laundry
StyleCondo 5+ Stories
FEMA Flood Zone DesignationsAE
Municipal Code2
Ref1075652535
Subdivision Number31
Water Access Description:Deeded Beach Access

Zoning and Legal

Tax Legal Description:MEI CONDO UNIT 1507 UNDIV 0.765620280% INT IN COMMON ELEMENTS OFF REC 26354-2290
Real Estate Folio Number (Parcel Number):02-32-14-031-1100
Public Survey Township:2
Public Survey Range:32
Public Survey Section:14

Listing History

Update/EventDate/Days
Published Date:May 22, 2024 11:46 am
On Market Date:May 22, 2024
Price Change Date Time:November 26, 2024 3:14 pm
Last Important Update Description:Price Change
Date and Time of Last Important Update:November 26, 2024 3:14 pm
Status Last Changed:May 22, 2024 11:46 am
Photos Last Modified:September 18, 2024 5:16 pm
Last Modified:November 26, 2024 8:15 pm
Days on the Market Reference Date:November 26, 2024
Days on the Market (updated on Last Modified*):188
Cumulative Days on the Market (updated on Last Modified**):188

Additional Information

Unit Location:Corner Unit
Number of Photos:33
Location:,,
Included:,,
Area:32
Courtesy of:Fortune Christie's Intl R.E.
Universal Property Id:US-12025-N-0232140311100-R-N

Location

Show Property Address:Yes
Street Name:Collins Ave
Street Number:5875
Street Address:5875 Collins Ave 1507
Unit Number:1507
City : Miami Beach
State : Florida
Zip Code : 33140
County : Miami-Dade
Full Address:5875 Collins Ave 1507, 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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