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Off market
  • $1,587,500

    5875 Collins Ave Penthouse 8, Miami Beach, FL 33140

    3beds
    1,742sqft
    Condo
    Built in 2008
    -- sqft lot
    $1,587,500 Zestimate®
    $911/sqft
    $7,421 Estimated rent

    Home value

    $1,587,500

    $1.29M - $1.97M

    $7,421/mo

    Zestimate® history
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    $7,421/mo

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    Rent Zestimate®

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    $13,787/mo

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    $13,787/mo

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    What's special

    Enjoy turnkey living in this fully remodeled (2020) & tastefully designed 3 BR + 3.5 BA Penthouse at MEi in Miami Beach. This PH (SW corner unit) offers sunrise/sunset views & 270 degree views of the ocean, intracoastal, & Miami skyline from its oversized wraparound terrace. Smart home equipped with state of the art lighting, shades (blackout & screen), thermostat, & Sonos sound/audio. Being sold as-is with high-end designer finishes & top of the line brand new furnishings. Art work not included. W/D in unit. Impact windows & doors. MEi is a luxury, low density, Asian-inspired boutique condo that offers exclusive beach service, spa, & fitness center. The building recently completed extensive renovations of common areas & is currently undergoing a lobby renovation.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Forced air
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • First Floor Entry, Built-Ins, Walk-In Closets, Closet Cabinetry, Fire Sprinklers
    • Flooring: Tile
    Interior area
    • Total interior livable area: 1,742 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    Features
    • On waterfront: Yes
    Details
    • Parcel number: 0232140311340

    Construction

    Type & style
    • Home type: Condo
    Condition
    • Year built: 2008

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $2,829 monthly
    Location
    • Region: Miami Beach

    Financial & listing details

    • Price per square foot: $911/sqft
    • Tax assessed value: $1,688,749
    • Annual tax amount: $25,018

    Price history

    DateEventPrice
    4/9/2021Sold$2,075,000-25.9%$1,191/sqft
    Source: Agent Provided Report a problem
    3/13/2019Listing removed$11,500$7/sqft
    Source: Cervera Real Estate Inc. #A10547132 Report a problem
    10/23/2018Price change$11,500-8%$7/sqft
    Source: Cervera Real Estate Inc. #A10547132 Report a problem
    10/3/2018Listed for rent$12,500+127.3%$7/sqft
    Source: Cervera Real Estate Inc. #A10547132 Report a problem
    7/25/2018Listing removed$2,799,000$1,607/sqft
    Source: Cervera Real Estate Inc. #A10501007 Report a problem
    7/12/2018Listed for sale$2,799,000+43.5%$1,607/sqft
    Source: Cervera Real Estate Inc. #A10501007 Report a problem
    11/4/2015Listing removed$5,500$3/sqft
    Source: New Miami Intl Realty Report a problem
    11/2/2015Listed for rent$5,500$3/sqft
    Source: New Miami Intl Realty Report a problem
    3/25/2015Listing removed$1,950,000$1,119/sqft
    Source: Keller Williams Realty Report a problem
    3/10/2015Listed for sale$1,950,000$1,119/sqft
    Source: Keller Williams Realty Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2015$25,018 +11.6%$996,998 +10%
    2014$22,409 +14.7%$906,362 +2.8%
    2013$19,537 +19%$882,057 +10%
    2012$16,414 -1.1%$801,870
    2011$16,598 -2.9%$801,870 +3.5%
    2010$17,093 -32.4%$774,630 -37%
    2009$25,293 $1,229,571
    Find assessor info on the county website

    Neighborhood: Oceanfront

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,587,500
    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
    $1,587,500