$2,000,000

MEi 5875 Collins Ave Unit 1503 Miami Beach, FL 33140

Oceanfront Neighborhood

Estimated payment $15,036/month

Total Views 1,123
2 Beds
2.5 Baths
1,094 Sq Ft
$1,828 Price per Sq Ft

Highlights

  • Doorman
  • Ocean Front
  • Marble Flooring
  • North Beach Elementary School Rated A-
  • Fitness Center
  • Main Floor Primary Bedroom

About This Home

Presenting, turn-key furnished by Artefacto and move-in 2 bedrooms, 2.5 baths residences in the MEI, an excluisve boutique-style luxury building inspired by Asian design. This spacious unit of natural light and breathtaking ocean views from a large private balcony. Inside you'll find marble flooring throughout, electric blinds, custom leather door handles, and built-in closets for maximum convenience and style. The modern kitchen is fully equipped with high-end Bosch appliances, ample cabinet space, an espresso maker, and a wine cooler - ideal for both daily living and entertaining. Amenities at The Mei includes a newly renovated lobby with 24-hour concierge, valet parking, direct oceanfront access with daily beach service. Residents enoy acces to a fitness center, yoga and massage rooms.

Listing Agent

Pity Betancourt

BHHS EWM Realty Brokerage Email: pity.betancourt@gmail.com License #3136193

BHHS EWM Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,528

Year Built

  • Built in 2008

HOA Fees

  • $2,496 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,094 Sq Ft Home
  • Custom Mirrors
  • Furnished
  • Built-In Features
  • Blinds
  • Sliding Windows
  • Family or Dining Combination
  • Sun or Florida Room
  • Marble Flooring

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Bidet
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Ocean Front

Listing and Financial Details

  • Assessor Parcel Number 02-32-14-031-0480

Community Details

Overview

  • Mei Condo
  • Mei Condo Subdivision
  • 22-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Community Library

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Card or Code Access
  • Secure Elevator
  • High Impact Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,528

Year Built

Built in 2008

Lot Details

0

HOA Fees

$2,496 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2008
  • Property Sub Type: Condominium
  • Entry Level: 15
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: MEI CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Attribution Contact: pity.betancourt@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Other Equipment/Appliances, Washer
  • Interior Amenities: Lobby, First Floor Entry, Built-in Features, Closet Cabinetry, Custom Mirrors, Elevator, Split Bedroom, Florida Room
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Marble
  • Furnished: Turn Key Furnished
  • Living Area: 1094
  • Other Equipment: Elevator
  • Stories: 22
  • Window Features: Blinds, High Impact Windows, Sliding
  • Bedroom Features: Primary Bedroom Ground Level
  • Dining Room Features: Family/Dining Combination
  • Living Room Features: Florida Room
  • Master Bathroom Features: Bidet, Dual Sinks

Exterior Features

  • View: Ocean View, Direct Ocean
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: MEI CONDO
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector, Doorman, Elevator Secure, Card Entry

Condo/Co-op/Association

  • Association Fee: 2496
  • Amenities: Exercise Room, Heated Pool, Library, Pool, Sauna, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-14-031-0480
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 2496

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 16528

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $15,589 $753,843 -- --
2023 $15,589 $685,312 $0 $0
2022 $12,340 $623,011 $0 $0
2021 $10,936 $566,374 $0 $0
2020 $13,308 $690,700 $0 $0
2019 $12,076 $623,174 $0 $0
2018 $14,650 $779,089 $0 $0
2017 $14,836 $779,089 $0 $0
2016 $17,804 $916,571 $0 $0
2015 $18,159 $916,571 $0 $0
2014 $18,622 $916,571 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2024 12/03/24 For Sale $2,000,000 +81.8% $1,828 / Sq Ft
02/14/2016 02/14/16 Sold $1,100,000 -13.4% $1,005 / Sq Ft
02/01/2016 02/01/16 Pending -- -- --
09/30/2015 09/30/15 Price Changed $1,269,900 +0.1% $1,161 / Sq Ft
09/29/2015 09/29/15 Price Changed $1,269,000 -3.9% $1,160 / Sq Ft
09/01/2015 09/01/15 For Sale $1,319,900 +20.0% $1,206 / Sq Ft
06/03/2013 06/03/13 Sold $1,100,000 -6.0% $1,005 / Sq Ft
05/08/2013 05/08/13 Pending -- -- --
03/20/2013 03/20/13 Price Changed $1,170,000 -1.7% $1,069 / Sq Ft
03/18/2013 03/18/13 For Sale $1,190,000 +8.2% $1,088 / Sq Ft
02/19/2013 02/19/13 Off Market $1,100,000 -- --
01/14/2013 01/14/13 For Sale $1,190,000 0.0% $1,088 / Sq Ft
02/27/2012 02/27/12 Rented $4,600 -14.8% --
01/28/2012 01/28/12 Under Contract -- -- --
10/12/2011 10/12/11 For Rent $5,400 -- --
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $1,100,000 Attorney
Warranty Deed $1,100,000 Attorney
Special Warranty Deed $650,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $700,000 Adjustable Rate Mortgage/ARM
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11703285

MIAMI REALTORS® MLS

APN: 02-3214-031-0480