Sold for $935,000

$935,000

5875 Collins Ave APT 1206, Miami Beach, FL 33140

1beds

833sqft

Condominium

Built in 2008

-- sqft lot

$874,300 Zestimate^®

$1,122/sqft

$4,541 Estimated rent

Home value

$874,300

$813,000 - $944,000

$4,541/mo

Zestimate^® history

Owner options

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$4,541/mo

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$4,541/mo

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$8,340/mo

Est. payment

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$8,340/mo

Est. payment

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What's special

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.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Heating

Central, Electric

Cooling

Central Air, Electric

Appliances

Included: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Oven, Washer

Features

Elevator
Flooring: Wood
Windows: Clear Impact Glass, Blinds

Interior area

Total structure area: 833
Total interior livable area: 833 sqft

Property

Parking

Total spaces: 1
Parking features: 1 Space, Covered
Garage spaces: 1

Features

Exterior features: Balcony
Spa features: Community
Fencing: Privacy
Has view: Yes
View description: Ocean, Other, Skyline, Water
Has water view: Yes
Water view: Ocean,Water
Waterfront features: Ocean Access

Details

Parcel number: 0232140310940

Construction

Type & style

Home type: Condo
Property subtype: Condominium
Attached to another structure: Yes

Materials

CBS Construction

Condition

New Construction
New construction: Yes
Year built: 2008

Community & HOA

Community

Security: Fire Sprinkler System, Smoke Detector, Doorman, Elevator Secure, Lobby Secured, TV Camera, Walled
Application fee: $150
Subdivision: Mei Condo

HOA

Has HOA: Yes
Amenities included: Bike/Jog Path, Elevator(s), Fitness Center, Pool, Spa/Hot Tub
HOA fee: $1,935 monthly

Location

Region: Miami Beach

Financial & listing details

Price per square foot: $1,122/sqft
Tax assessed value: $714,885
Annual tax amount: $11,135
Date on market: 11/28/2023
Listing terms: All Cash,Conventional

Price history

Date	Event	Price
8/5/2024	Listing removed	--
Source: MIAMI #A11611155 Report a problem
7/21/2024	Sold	$935,000-1.6%$1,122/sqft
Source: MIAMI #A11492106 Report a problem
6/21/2024	Listed for rent	$6,200+82.4%$7/sqft
Source: MIAMI #A11611155 Report a problem
4/24/2024	Price change	$950,000-2.1%$1,140/sqft
Source: MIAMI #A11492106 Report a problem
2/9/2024	Price change	$970,000-3%$1,164/sqft
Source: MIAMI #A11492106 Report a problem
11/28/2023	Listed for sale	$999,500+40.8%$1,200/sqft
Source: MIAMI #A11492106 Report a problem
4/15/2022	Sold	$710,000-7.4%$852/sqft
Source: MIAMI #A11142481 Report a problem
3/7/2022	Listed for sale	$767,000$921/sqft
Source: Brown Harris Stevens #A11142481 Report a problem
1/26/2022	Contingent	$767,000$921/sqft
Source: MIAMI #A11142481 Report a problem
1/12/2022	Listed for sale	$767,000+78.4%$921/sqft
Source: MIAMI #A11142481 Report a problem
4/16/2021	Listing removed	--
Source: Brown Harris Stevens Report a problem
4/11/2021	Listed for rent	$3,400+6.3%$4/sqft
Source: Brown Harris Stevens #A11022856 Report a problem
8/23/2020	Listing removed	$3,200$4/sqft
Source: 1129 Fifth Street #A10825862 Report a problem
3/2/2020	Listed for rent	$3,200+6.7%$4/sqft
Source: Brown Harris Stevens #A10825862 Report a problem
2/9/2019	Listing removed	$3,000$4/sqft
Source: Brown Harris Stevens - 1129 Fifth Street #A10484715 Report a problem
1/7/2019	Price change	$3,000-11.8%$4/sqft
Source: BM2 Realty #A10484715 Report a problem
10/8/2018	Price change	$3,400-4.2%$4/sqft
Source: BM2 Realty #A10484715 Report a problem
9/13/2018	Price change	$3,550-1.4%$4/sqft
Source: BM2 Realty #A10484715 Report a problem
7/20/2018	Price change	$3,600-1.4%$4/sqft
Source: BM2 Realty #A10484715 Report a problem
6/12/2018	Listed for rent	$3,650-25.5%$4/sqft
Source: BM2 Realty #A10484715 Report a problem
2/12/2015	Listing removed	$4,901$6/sqft
Source: Brickell Brokers Report a problem
1/14/2015	Listed for rent	$4,901$6/sqft
Source: Brickell Brokers Report a problem
10/7/2009	Sold	$430,000$516/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$13,411 +17.4%	$714,885 +10.1%
2024	$11,427 +2.6%	$649,322 +3%
2023	$11,135 +47.9%	$630,410 +57.3%
2022	$7,531 +1.2%	$400,800 +4%
2021	$7,441 -9.2%	$385,385 -9%
2020	$8,199 -19.2%	$423,500 -19.1%
2019	$10,149 +10.8%	$523,709
2018	$9,159 -7%	$523,709 -5%
2017	$9,848 -6.2%	$551,218 +9.1%
2016	$10,497 +15.3%	$505,290 +10%
2015	$9,101 +2.4%	$459,355 +5%
2014	$8,888 +14.1%	$437,484 +4.5%
2013	$7,787	$418,466 +10%
2012	$7,787 -1.1%	$380,424
2011	$7,874 -13.3%	$380,424 -7.5%
2010	$9,077 -32.4%	$411,362 -37%
2009	$13,432	$652,956