NOT LISTED FOR SALE

MEi 5875 Collins Ave Unit 1001 Miami Beach, FL 33140

Oceanfront Neighborhood

Estimated Value: $1,540,000 - $4,155,000

2 Beds
3 Baths
1,322 Sq Ft
$1,816/Sq Ft Est. Value

About This Home

If DIRECT OCEAN is your thing, look no further !!! SPECTACULAR CORNER 2 Bed 2.5 Bath on 10th floor with DIRECT OCEAN VIEWS at MEi Condominium. Large wrap around balcony accessible from living and bedrooms. White glass floors throughout, Thermidor & Bosch appliances. MEi is a boutique luxury oceanfront bldg w/resort-like amenities: beach service, 24hr concierge, spa, infinity pool, valet, 3500SF fitness center, Zen library, tea lounge. Basic cable, internet incl. Minutes to Mainland, Bal Harbour, South Beach. Offered Unfurnished. For ANNUAL LEASE. Available 2/1/24.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2014
Sold by
Rodriguez Alexander E
Bought by
Clouds 1101 Inc
Current Estimated Value
$2,400,560

Purchase Details

Closed on
Dec 21, 2012
Sold by
Lotfi Paymaun and Lotfi Bita
Bought by
Golfi Properties Llc

Purchase Details

Closed on
Feb 26, 2009
Sold by
Pmg Collins Llc
Bought by
Lotfi Paymaun and Lotfi Bita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.14%
Mortgage Type
Unknown

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Clouds 1101 Inc $2,575,000 Attorney
Golfi Properties Llc $397,700 Attorney
Lotfi Paymaun $948,200 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lotfi Paymaun $413,000
Previous Owner Lotfi Paymaun $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Rented $9,000 -9.1% --
02/21/2024 02/21/24 Under Contract -- -- --
10/20/2023 10/20/23 For Rent $9,900 +65.0% --
01/15/2021 01/15/21 Rented $6,000 +2.6% --
12/08/2020 12/08/20 Under Contract -- -- --
10/15/2020 10/15/20 For Rent $5,850 -2.5% --
12/15/2017 12/15/17 Rented $6,000 -6.3% --
11/20/2017 11/20/17 Under Contract -- -- --
07/13/2017 07/13/17 For Rent $6,400 -1.5% --
11/01/2016 11/01/16 Rented $6,500 0.0% --
09/12/2016 09/12/16 Price Changed $6,500 -3.0% $5 / Sq Ft
08/11/2016 08/11/16 For Rent $6,700 0.0% --
08/05/2016 08/05/16 Under Contract -- -- --
06/09/2016 06/09/16 For Rent $6,700 -1.5% --
09/15/2014 09/15/14 Rented $6,800 -2.9% --
08/16/2014 08/16/14 Under Contract -- -- --
07/29/2014 07/29/14 For Rent $7,000 -- --

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $26,511 $1,279,476 -- --
2023 $26,511 $1,163,160 $0 $0
2022 $20,851 $1,057,419 $0 $0
2021 $19,051 $961,290 $0 $0
2020 $16,918 $873,900 $0 $0
2019 $18,902 $975,410 $0 $0
2018 $19,335 $1,219,211 $0 $0
2017 $19,072 $837,947 $0 $0
2016 $19,778 $761,770 $0 $0
2015 $16,291 $692,519 $0 $0
2014 $15,986 $629,563 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    CLIFFORD BERMAN

    Berger Realty Group Inc

    (561) 376-9500

    6 in this area

    10 Total Sales

    CLIFFORD BERMAN
    Section Image
  • Valaree Byrne

    Buyer's Agent in 2021

    Valaree Byrne

    BHHS EWM Realty

    (305) 323-6231

    111 Total Sales

    Valaree Byrne
    Section Image
  • Angela Santamaria

    Buyer's Agent in 2017

    Angela Santamaria

    Florida Realty of Miami

    (786) 210-6565

    11 Total Sales

    Angela Santamaria
    Section Image
  • Flavia Cardoso

    Seller's Agent in 2016

    Flavia Cardoso

    Sterling One Realty, Inc.

    (305) 987-3161

    9 Total Sales

    Flavia Cardoso
    Section Image

  • K

    Buyer's Agent in 2016

    Karen Anderson

    MMLS Assoc.-Inactive Member

  • Carlos Marco

    Seller's Agent in 2014

    Carlos Marco

    Best Real Estate Plus

    (786) 282-4300

    6 in this area

    36 Total Sales

    Carlos Marco
    Section Image
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About MEi

Map

Florida Miami/Dade County Miami Beach 33140 Oceanfront

5875 Collins Ave Unit 1001, Miami Beach, FL

Homes for Sale in Miami Beach, FL

This home is located at 5875 Collins Ave Unit 1001, Miami Beach, FL 33140 and is currently estimated at $2,400,560, approximately $1,815 per square foot. 5875 Collins Ave Unit 1001 is a home located in Miami-Dade County with nearby schools including North Beach Elementary School, Nautilus Middle School, and Miami Beach Senior High School.

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