UNDER CONTRACT
$200K PRICE DROP
MEi 5875 Collins Ave Unit 507 Miami Beach, FL 33140
Oceanfront NeighborhoodEstimated payment $13,968/month
Total Views
1,052
2
Beds
2.5
Baths
1,323
Sq Ft
$1,247
Price per Sq Ft
Highlights
- Ocean Front
- Community Cabanas
- Fitness Center
- North Beach Elementary School Rated A-
- Private Beach Pavilion
- Breakfast Area or Nook
About This Home
Enjoy this rarely available corner Lanai unit at the boutique MEi Miami Beach. This stunning 2 bed, 2.5 bath residence includes an expansive 1500 sqft terrace. Ideal for entertaining and sunrise and sunset views. The second bedroom features a murphy bed. The MEi is a boutique condominium with 134 residences, offering 5-star service, valet parking, beach access + service, a state-of-the-art pool, fitness center, library, steam room, spa, and more.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $21,228
Year Built
- Built in 2008
Lot Details
- Ocean Front
HOA Fees
- $2,989 Monthly HOA Fees
Parking
- 2 Car Garage
Property Views
- Garden
Interior Spaces
- 1,323 Sq Ft Home
- Built-In Features
- Washer
Kitchen
- Breakfast Area or Nook
- Built-In Oven
- Electric Range
- Microwave
- Dishwasher
- Cooking Island
Bedrooms and Bathrooms
- 2 Bedrooms
- Split Bedroom Floorplan
- Dual Sinks
- Separate Shower in Primary Bathroom
Home Security
Outdoor Features
- Outdoor Grill
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 02-32-14-031-1010
Community Details
Overview
- Mei Condos
- Mei Condo Subdivision
- 22-Story Property
Amenities
- Community Library
- Secure Lobby
Recreation
- Private Beach Pavilion
- Community Cabanas
- Community Spa
Pet Policy
- Breed Restrictions
Security
- Secure Elevator
- High Impact Door
Map
About MEi
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Home Values in the Area
Average Home Value in this Area
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 | $21,228 | $1,044,689 | -- | -- |
| 2023 | $21,228 | $949,718 | $0 | $0 |
| 2022 | $16,222 | $863,380 | $0 | $0 |
| 2021 | $14,248 | $737,932 | $0 | $0 |
| 2020 | $15,528 | $802,100 | $0 | $0 |
| 2019 | $17,228 | $928,300 | $0 | $0 |
| 2018 | $15,920 | $846,600 | $0 | $0 |
| 2017 | $15,323 | $802,852 | $0 | $0 |
| 2016 | $15,524 | $729,866 | $0 | $0 |
| 2015 | $15,051 | $663,515 | $0 | $0 |
| 2014 | $14,091 | $603,196 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/03/2024 12/03/24 | Price Changed | $1,650,000 | -10.8% | $1,247 / Sq Ft |
| 10/02/2024 10/02/24 | For Sale | $1,850,000 | 0.0% | $1,398 / Sq Ft |
| 11/23/2022 11/23/22 | Rented | $11,000 | 0.0% | -- |
| 11/23/2022 11/23/22 | Under Contract | -- | -- | -- |
| 11/04/2022 11/04/22 | For Rent | $11,000 | 0.0% | -- |
| 04/23/2021 04/23/21 | Sold | $840,000 | -6.6% | $635 / Sq Ft |
| 03/31/2021 03/31/21 | Pending | -- | -- | -- |
| 04/16/2020 04/16/20 | For Sale | $899,000 | 0.0% | $680 / Sq Ft |
| 11/01/2017 11/01/17 | Rented | $5,300 | -3.6% | -- |
| 08/08/2017 08/08/17 | For Rent | $5,500 | 0.0% | -- |
| 11/30/2012 11/30/12 | Sold | $830,000 | 0.0% | $617 / Sq Ft |
| 09/17/2012 09/17/12 | Pending | -- | -- | -- |
| 04/04/2012 04/04/12 | For Sale | $830,000 | -- | $617 / Sq Ft |
Source: MIAMI REALTORS® MLS
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $840,000 | Attorney | |
| Warranty Deed | $830,000 | Clear Title Group | |
| Special Warranty Deed | $675,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $0 | New Conventional | |
| Closed | $540,000 | Construction | |
| Previous Owner | $539,500 | New Conventional | |
| Previous Owner | $337,500 | Seller Take Back |
Source: Public Records
Similar Homes in Miami Beach, FL
Source: MIAMI REALTORS® MLS
MLS Number: A11668609
APN: 02-3214-031-1010
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