Sold for $1,775,000

$1,775,000

5875 Collins Ave APT 1507, Miami Beach, FL 33140

2beds

1,323sqft

Condominium

Built in 2008

-- sqft lot

$1,751,900 Zestimate^®

$1,342/sqft

$6,157 Estimated rent

Home value

$1,751,900

$1.52M - $2.01M

$6,157/mo

Zestimate^® history

Owner options

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$6,157/mo

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$6,157/mo

Rent Zestimate^®

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$15,559/mo

Est. payment

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$15,559/mo

Est. payment

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What's special

Stunning panoramic viewsCorner unitBeautiful marble floorsHigh-quality appliances

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

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Heating

Central

Cooling

Central Air

Appliances

Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
Laundry: Laundry Room

Features

Built-in Features
Flooring: Marble
Doors: High Impact Doors
Common walls with other units/homes: Corner Unit

Interior area

Total structure area: 1,323
Total interior livable area: 1,323 sqft

Property

Parking

Total spaces: 2
Parking features: 2 Or More Spaces
Garage spaces: 2

Features

Exterior features: Balcony
Has private pool: Yes
Pool features: Private Pool
Spa features: Community
Has view: Yes
View description: Bay, Ocean, Water
Has water view: Yes
Water view: Bay,Ocean,Water
Waterfront features: Ocean Access, Ocean Front, Bay
Frontage type: Bay/Harbor

Details

Parcel number: 0232140311100

Construction

Type & style

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

Materials

Concrete Block Construction

Condition

Year built: 2008

Community & HOA

Community

Security: Fire Sprinkler System, Smoke Detector, Lobby Secured, Other
Application fee: $150
Pet fee: $0
Subdivision: Mei Condo,Mei

HOA

Has HOA: Yes
Amenities included: Bike Storage, Elevator(s), Fitness Center, Private Beach Pavilion, Sauna, Spa/Hot Tub
HOA fee: $3,307 monthly

Location

Region: Miami Beach

Financial & listing details

Price per square foot: $1,342/sqft
Tax assessed value: $1,628,352
Annual tax amount: $11,728
Date on market: 12/23/2024
Listing terms: All Cash,Conventional

Price history

Date	Event	Price
6/27/2025	Sold	$1,775,000-6.1%$1,342/sqft
Source: MIAMI #A11713614 Report a problem
4/21/2025	Price change	$1,890,000-1.8%$1,429/sqft
Source: MIAMI #A11713614 Report a problem
3/10/2025	Price change	$1,925,000-3.1%$1,455/sqft
Source: MIAMI #A11713614 Report a problem
2/14/2025	Price change	$1,987,200-1.5%$1,502/sqft
Source: MIAMI #A11713614 Report a problem
1/27/2025	Price change	$2,018,000-3.3%$1,525/sqft
Source: MIAMI #A11713614 Report a problem
12/23/2024	Listed for sale	$2,086,000$1,577/sqft
Source: MIAMI #A11713614 Report a problem
12/18/2024	Listing removed	$2,086,000+4.5%$1,577/sqft
Source: MIAMI #A11592448 Report a problem
11/26/2024	Price change	$1,997,000-4.3%$1,509/sqft
Source: MIAMI #A11592448 Report a problem
10/7/2024	Price change	$2,086,000+0.1%$1,577/sqft
Source: MIAMI #A11592448 Report a problem
9/27/2024	Price change	$2,083,000-3%$1,574/sqft
Source: MIAMI #A11592448 Report a problem
8/29/2024	Price change	$2,148,000-2.3%$1,624/sqft
Source: MIAMI #A11592448 Report a problem
5/22/2024	Listed for sale	$2,198,000+203.6%$1,661/sqft
Source: MIAMI #A11592448 Report a problem
9/18/2009	Sold	$724,000$547/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$30,548 +153.8%	$1,628,352 +138.9%
2024	$12,034 +2.6%	$681,617 +3%
2023	$11,728 +3.8%	$661,765 +3%
2022	$11,297 +0.4%	$642,491 +3%
2021	$11,254 +1.2%	$623,778 +1.4%
2020	$11,120 +2.4%	$615,166 +2.3%
2019	$10,863 +5.2%	$601,336 +1.9%
2018	$10,325	$590,124 +2.1%
2017	$10,325 +0.9%	$577,987 +2.1%
2016	$10,229 -1%	$566,099 +0.7%
2015	$10,337 -1.7%	$562,164 +0.8%
2014	$10,515 -14.1%	$557,703 +1.5%
2013	$12,234 0%	$549,462 -13.9%
2012	$12,234 +2.1%	$637,904 +3%
2011	$11,985 -4.6%	$619,325 +1.5%
2010	$12,567 -36.9%	$610,173 -37%
2009	$19,924	$968,528