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Sold for $1,875,000
  • Zestimate®
    $1,875,000

    5875 Collins Ave APT 501, Miami Beach, FL 33140

    2beds
    1,322sqft
    Condominium
    Built in 2008
    -- sqft lot
    $1,875,000 Zestimate®
    $1,418/sqft
    $5,699 Estimated rent

    Home value

    $1,875,000

    $1.65M - $2.12M

    $5,699/mo

    Zestimate® history
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    What's special

    An elevated oceanfront condominium residence at MEi Miami Beach, where sweeping Atlantic views, expansive terraces, and contemporary interiors define an exceptional coastal lifestyle. Positioned as a northeast corner residence, Unit 501 offers over 1,300 SF of interiors paired with an extraordinary 4,200+ SF wraparound terrace designed for effortless indoor-outdoor living and entertaining. Offered fully furnished, the residence features 2 bedrooms, 2.5 baths, floor-to-ceiling impact glass, open living and dining spaces, and a spacious primary suite with a spa-inspired bath and dual vanities. Natural light fills the interiors while panoramic ocean views extend throughout the residence and outdoor spaces. Enhancing the experience is the intimate setting of MEi, a boutique oceanfront condominium of just 134 residences designed for elevated privacy and service. Residents enjoy a refined collection of resort-style amenities including valet and beach service, a state-of-the-art fitness center, oceanfront pool deck, spa facilities with an infrared sauna and cold-plunge pool, and serene lounge spaces curated for relaxation and wellness. Perfectly positioned along the sands of Miami Beach moments from Bal Harbour Shops, renowned dining, and South Beach, this is a rare opportunity to experience elevated coastal living with exceptional privacy and scale.

    Zillow last checked:

    Listing updated:

    Listed by:

    Chad Carroll 305-400-9507,

    Compass Florida, LLC,

    Matthew Dugow 305-494-0033,

    Compass Florida, LLC

    Bought with:

    Felipe Munoz, 3496083

    Million Realty LLC

    Source: MIAMI,MLS#: A12029631MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Refrigerator, Oven, Washer
    Features
    • Bar, Built-in Features, Kitchen Island, Walk-In Closet(s)
    • Flooring: Ceramic Tile, Other
    • Doors: High Impact Doors
    • Common walls with other units/homes: Corner Unit
    Interior area
    • Total structure area: 5,567
    • Total interior livable area: 1,322 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: 2 Or More Spaces, Valet
    • Garage spaces: 2
    Features
    • Entry location: First Floor Entry
    • Patio & porch: Deck, Open Porch, Wrap Around
    • Exterior features: Other, Balcony
    • Has private pool: Yes
    • Pool features: Association, Private Pool
    • Spa features: Community
    • Has view: Yes
    • View description: Ocean
    • Has water view: Yes
    • Water view: Ocean
    • Waterfront features: Ocean Front, Waterfront
    Details
    • Parcel number: 0232140310030

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • CBS Construction
    Condition
    • Year built: 2008

    Community & HOA

    Community
    • Security: Doorman, Elevator Secure, Lobby Secured
    • Application fee: $100
    • Subdivision: Mei Condo
    HOA
    • Has HOA: Yes
    • Amenities included: Bike Storage, Cabana, Clubhouse-Clubroom, Elevator(s), Fitness Center, Pool, Library, Other, Spa/Hot Tub, Trash
    • HOA fee: $3,479 monthly
    Location
    • Region: Miami Beach

    Financial & listing details

    • Price per square foot: $1,418/sqft
    • Tax assessed value: $1,805,684
    • Annual tax amount: $33,875
    • Date on market: 6/4/2026
    • Listing terms: All Cash,Conventional

    Price history

    DateEventPrice
    10/7/2026Sold$1,875,000-6.2%$1,418/sqft
    Source: MIAMI #A12029631 Report a problem
    7/16/2026Price change$1,999,000-3.7%$1,512/sqft
    Source: MIAMI #A12029631 Report a problem
    6/4/2026Listed for sale$2,075,000$1,570/sqft
    Source: MIAMI #A12029631 Report a problem
    5/30/2026Listing removed$2,075,000$1,570/sqft
    Source: Douglas Elliman #A11929873 Report a problem
    5/27/2026Price change$2,075,000-5.5%$1,570/sqft
    Source: MIAMI #A11929873 Report a problem
    12/19/2025Listed for sale$2,195,000+15.5%$1,660/sqft
    Source: MIAMI #A11929873 Report a problem
    2/10/2025Sold$1,900,000-19.1%$1,437/sqft
    Source: MIAMI #A11714096 Report a problem
    1/17/2025Pending sale$2,350,000$1,778/sqft
    Source: MIAMI #A11714096 Report a problem
    12/27/2024Listed for sale$2,350,000-9.4%$1,778/sqft
    Source: MIAMI #A11714096 Report a problem
    10/31/2024Listing removed$2,595,000-12%$1,963/sqft
    Source: MIAMI #A11544184 Report a problem
    6/10/2024Price change$2,950,000-10.5%$2,231/sqft
    Source: MIAMI #A11544184 Report a problem
    4/16/2024Price change$3,295,000-10.8%$2,492/sqft
    Source: MIAMI #A11544184 Report a problem
    3/6/2024Listed for sale$3,695,000+71.9%$2,795/sqft
    Source: MIAMI #A11544184 Report a problem
    12/14/2021Sold$2,150,000$1,626/sqft
    Source: MIAMI #A11110266 Report a problem
    10/27/2021Pending sale$2,150,000$1,626/sqft
    Source: MIAMI #A11110266 Report a problem
    10/12/2021Contingent$2,150,000$1,626/sqft
    Source: MIAMI #A11110266 Report a problem
    10/12/2021Listed for sale$2,150,000+115%$1,626/sqft
    Source: MIAMI #A11110266 Report a problem
    10/17/2019Sold$1,000,000-13%$756/sqft
    Source: MIAMI #A10739073 Report a problem
    9/24/2019Pending sale$1,150,000$870/sqft
    Source: Best Real Estate Group #A10739073 Report a problem
    4/25/2019Price change$1,150,000-17.8%$870/sqft
    Source: Best Real Estate Group #A10587357 Report a problem
    1/23/2019Price change$1,399,000-1.8%$1,058/sqft
    Source: Best Real Estate Group #A10587357 Report a problem
    12/17/2018Listed for sale$1,425,000-8%$1,078/sqft
    Source: Best Real Estate Group #A10587357 Report a problem
    7/6/2018Listing removed$1,549,000$1,172/sqft
    Source: Maxwelle Realty Inc #A10332546 Report a problem
    3/7/2018Price change$1,549,000-6.1%$1,172/sqft
    Source: Maxwelle Realty Inc #A10332546 Report a problem
    10/21/2017Price change$1,649,000-7.9%$1,247/sqft
    Source: Maxwelle Realty Inc #A10332546 Report a problem
    9/1/2017Listed for sale$1,790,000-10.5%$1,354/sqft
    Source: Maxwelle Realty Inc #A10332546 Report a problem
    6/2/2017Listing removed$1,999,000$1,512/sqft
    Source: Coldwell Banker Residential Real Estate - Miami Beach Lincoln Building #A10187734 Report a problem
    1/20/2017Listed for sale$1,999,000+138%$1,512/sqft
    Source: Coldwell Banker Residential Real Estate - Miami Beach Lincoln Building #A10187734 Report a problem
    12/11/2009Sold$840,000$635/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$33,875 +41.3%$1,805,684 +37.1%
    2024$23,966 +2.5%$1,316,598 +3%
    2023$23,377 +3.7%$1,278,251 +3%
    2022$22,543 +34.1%$1,241,021 +36.2%
    2021$16,809 +1.2%$911,484 +1.4%
    2020$16,613 -17.3%$898,900 -13.3%
    2019$20,096 -2.1%$1,037,000 -0.3%
    2018$20,528 -2.8%$1,039,839 +10%
    2017$21,128 +1.9%$945,309 +10%
    2016$20,734 +16.3%$859,372 +10%
    2015$17,830 +2.1%$781,248 +10%
    2014$17,460 -3.5%$710,226 +10%
    2013$18,091 0%$645,660 -26.9%
    2012$18,092 -1.1%$883,800 +2.1%
    2011$18,294 -2%$865,458 +2.3%
    2010$18,668 -29.7%$846,000 -34.4%
    2009$26,537 $1,290,000
    Find assessor info on the county website

    Neighborhood: Oceanfront

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: North Beach
    • Middle: Nautilus
    • High: Miami Beach

    Source: MIAMI. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value

    $1,875,000

    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value

    $1,875,000