$859,000 - $898,000
RENTED JUN 6, 2025

MEi 5875 Collins Ave Unit 1004 Miami Beach, FL 33140

Oceanfront Neighborhood
1 Bed
1.5 Baths
778 Sq Ft
2008 Built

Last Sold March 01, 2023

Last sale price $810,000 $1,041 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,789/month

Highlights

  • Valet Parking
  • Ocean Front
  • Heated Pool
  • North Beach Elementary School Rated A-
  • Fitness Center
  • Wood Flooring

About This Home

As of June 2025

Fully furnished 1 bedroom 1.5 bathroom South facing unit at the Mei. This condo, decorated with warm tones, offers an open floor plan with kitchen island, integrated wine cooler and more, sliding French doors opening to the primary suite to enhance the space and the beautiful views of the Ocean and the Miami skyline. The living spaces open seamlessly to the oversized terrace. The Mei condo is an elegant and fully remodeled full service condominium offering 24-hours concierge, valet, beach service, fitness center and spa, a private and elegant pool deck with several cabanas, indoor and outdoor lounge area and even a pet garden area. Wake up to the oceanfront lifestyle, walk on the sand or jog/bike along the beautiful boardwalk.

Last Agent to Rent the Property

Stefania Cambarau

Douglas Elliman License #3262980 Listed on: 04/07/2025

Douglas Elliman

Last Renter's Agent

Paul Sasseville

Compass Florida, LLC License #3038015

Compass Florida, LLC

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,171

Year Built

  • Built in 2008

Lot Details

  • Ocean Front
  • Property Fronts a Bay or Harbor
  • South Facing Home

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Interior Spaces

  • 778 Sq Ft Home
  • Furnished
  • Drapes & Rods
  • Blinds
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Closet Cabinetry
  • Walk-In Closet
  • Bathtub
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Heated Pool
  • Outdoor Pool

Outdoor Features

  • Property has ocean access

Schools

  • North Beach Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Additional Features

  • Energy-Efficient HVAC
  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 5/1/25
  • Assessor Parcel Number 02-32-14-031-0610

Community Details

Overview

  • No Home Owners Association
  • Mei Condo
  • Mei Condo Subdivision
  • 22-Story Property

Amenities

  • Valet Parking

Recreation

  • Community Spa

Pet Policy

  • No Pets Allowed

Security

  • Clear Impact Glass
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Est. Annual Taxes

$12,171

Year Built

Built in 2008

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: No
  • Available Date: 2025-05-01

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2008
  • Property Sub Type: Condominium
  • Co List Office Phone: 305-695-6060
  • Entry Level: 10
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Building Stories: 22
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: MEI CONDO
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: No
  • Special Features: VirtualTour
  • Stories: 22

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Closet Cabinetry, Fire Sprinklers, Walk-In Closet(s)
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Wood
  • Furnished: Furnished
  • Living Area: 778
  • Stories: 22
  • Window Features: Clear Impact Glass, Blinds, Drapes
  • Bedroom Features: Entry Level, Primary Bath Shower, Primary Bath Tub
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen

Exterior Features

  • Exterior Features: Open Balcony
  • Construction Type: Concrete Block Construction
  • Direction Faces: South
  • Patio And Porch Features: Open Balcony
  • Pool Features: Community, Heated
  • Pool Private: No
  • View: No
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: MEI CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Valet, Limited # Of Vehicle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Smoke Detector

Condo/Co-op/Association

  • Amenities: Exercise Room, Sauna, Spa/Hot Tub
  • Association: No

Schools

  • Elementary School: North Beach
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-32-14-031-0610
  • Land Lease Amount Frequency: Monthly

Green Features

  • Efficiency: HVAC

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2022
Closed on
Mar 1, 2023
Sold by
Markovich Alexander
Bought by
Mercadante Michael Anthony and Mercadante Jamie Forbes
Seller's Agent
Lorenzo Ramos
Coldwell Banker Realty
Buyer's Agent
Jaime Suarez
Coldwell Banker Realty
List Price
$850,000
Sold Price
$810,000
Premium/Discount to List
-$40,000
-4.71%
Views
48
Current Estimated Value
$876,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,250
Avg. Annual Appreciation
3.66%

Purchase Details

Closed on
Feb 19, 2010
Sold by
Pmg Collins Llc
Bought by
Markovich Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,250
Interest Rate
4.12%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mercadante Michael Anthony $810,000 All Home Title
Markovich Alexander $415,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mercadante Michael A $650,000
Previous Owner Markovich Alexander $311,250
Previous Owner Markovich Alexander $311,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2025 06/06/25 Rented $4,900 0.0% --
05/23/2025 05/23/25 Under Contract -- -- --
04/29/2025 04/29/25 Price Changed $4,900 -2.0% $6 / Sq Ft
04/07/2025 04/07/25 For Rent $5,000 0.0% --
03/01/2023 03/01/23 Sold $810,000 -4.7% $1,041 / Sq Ft
11/17/2022 11/17/22 For Sale $850,000 0.0% $1,093 / Sq Ft
03/25/2022 03/25/22 Rented $5,500 0.0% --
03/18/2022 03/18/22 Under Contract -- -- --
03/10/2022 03/10/22 For Rent $5,500 +66.7% --
05/01/2019 05/01/19 Rented $3,300 -1.5% --
04/05/2019 04/05/19 Under Contract -- -- --
03/26/2019 03/26/19 Price Changed $3,350 -5.6% $4 / Sq Ft
03/22/2019 03/22/19 Price Changed $3,550 -4.1% $5 / Sq Ft
03/08/2019 03/08/19 For Rent $3,700 +12.1% --
12/04/2017 12/04/17 Rented $3,300 -10.8% --
11/20/2017 11/20/17 Under Contract -- -- --
11/06/2017 11/06/17 For Rent $3,700 -- --
Source: MIAMI REALTORS® MLS

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
2025 $12,171 $680,088 -- --
2024 $9,387 $647,703 -- --
2023 $9,387 $430,782 $0 $0
2022 $7,358 $391,620 $0 $0
2021 $7,271 $376,558 $0 $0
2020 $8,011 $413,800 $0 $0
2019 $10,182 $525,403 $0 $0
2018 $9,880 $525,403 $0 $0
2017 $10,264 $513,027 $0 $0
2016 $9,236 $466,389 $0 $0
2015 $8,907 $423,990 $0 $0
2014 $8,669 $385,446 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Stefania Cambarau

    Landlord's Agent in 2025

    Stefania Cambarau

    Douglas Elliman

    (305) 965-1232

    6 in this area

    44 Total Sales

    Stefania Cambarau
    Section Image
  • Paul Sasseville

    Tenant's Agent in 2025

    Paul Sasseville

    Compass Florida, LLC

    (305) 710-7856

    67 Total Sales

    Paul Sasseville
    Section Image
  • Lorenzo Ramos

    Seller's Agent in 2023

    Lorenzo Ramos

    Coldwell Banker Realty

    (917) 822-9240

    1 in this area

    22 Total Sales

    Lorenzo Ramos
    Section Image
  • Jaime Suarez

    Buyer's Agent in 2023

    Jaime Suarez

    Coldwell Banker Realty

    (305) 972-4205

    1 in this area

    27 Total Sales

    Jaime Suarez
    Section Image
  • Victoria Romanenko

    Buyer's Agent in 2017

    Victoria Romanenko

    Golden Keys Inc

    (305) 904-9998

    2 in this area

    86 Total Sales

    Victoria Romanenko
    Section Image
See All Agents

About MEi

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11778776

MIAMI REALTORS® MLS

APN: 02-3214-031-0610

Florida Miami/Dade County Miami Beach 33140 Oceanfront

5875 Collins Ave Unit 1004, Miami Beach, FL

This home is located at 5875 Collins Ave Unit 1004, Miami Beach, FL 33140 since 07 April 2025 and is currently priced at $876,250. This property was built in 2008. 5875 Collins Ave Unit 1004 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes