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For sale
    • Price cut: $76K (7/16)
    $1,999,000

    5875 Collins Ave APT 501, Miami Beach, FL 33140

    2beds
    1,322sqft
    : 
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    Condominium
    Built in 2008
    -- sqft lot
    $-- Zestimate®
    $1,512/sqft
    $3,479/mo HOA

    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.
    45 days
    |
    165
    |
    10
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Chad Carroll 305-400-9507,

    Compass Florida, LLC,

    Matthew Dugow 305-494-0033,

    Compass Florida, LLC

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

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      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
      Video & virtual tour

      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: $1,512/sqft
      • Tax assessed value: $1,805,684
      • Annual tax amount: $33,875
      • Date on market: 6/4/2026
      • Listing terms: All Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        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

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Oceanfront

        Getting around

        66 / 100
        Somewhat Walkable
        47 / 100
        Some Transit
        56 / 100
        Bikeable

        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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