NOT LISTED FOR SALE

MEi 5875 Collins Ave Unit 1005 Miami Beach, FL 33140

Oceanfront Neighborhood

Estimated Value: $1,229,222 - $1,377,000

2 Beds
2.5 Baths
1,097 Sq Ft
$2,498/mo HOA Fee

Last Sold May 31, 2024

Last sale price $1,315,000 $1,199 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $10,825/month

36 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Private Beach Pavilion
  • North Beach Elementary School Rated A-
  • Community Cabanas
  • Fitness Center

About This Home

As of May 2024

Indulge yourself in luxury resort living all year round at MEI. Enjoy owning this beautiful, ample, and bright 2-bedroom, 2.5-bath residence with incredible views of the ocean/Intracoastal/city. Living/dining area w/open kitchen featuring contemporary Italian design, wood cabinetry/glass, and top-of-the-line original stainless steel appliances in impeccable condition. Some upgrades include solid wood/glass doors in both bedrooms and all bathrooms, mosaic backsplash in the kitchen and bathrooms, a glass-enclosed shower, and a custom walking closet in the master bedroom. MEI combines understated elegance, modern design, and comfort to make your living here an amazing experience.

Last Agent to Sell the Property

Liza Him Castro

Peabody Real Estate, LLC License #3045853 Listed on: 03/07/2024

Last Buyer's Agent

Jaime Blatt

Compass Florida, LLC License #3438441

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,071

Year Built

  • Built in 2008

Lot Details

  • Ocean Front

HOA Fees

  • $2,498 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

Home Design

  • Split Level Home
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,097 Sq Ft Home
  • Combination Dining and Living Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Two Primary Bathrooms
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 02-32-14-031-0750

Community Details

Overview

  • 132 Units
  • Mei Condos
  • Mei Condo Subdivision
  • 22-Story Property

Amenities

  • Doorman
  • Community Center
  • Party Room
  • Community Library
  • Secure Lobby

Recreation

  • Private Beach Pavilion
  • Community Cabanas
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • Secure Elevator
  • Clear Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,071

Year Built

Built in 2008

Lot Details

0

HOA Fees

$2,498 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2008
  • Property Sub Type: Condominium
  • Architectural Style: Split Level
  • Entry Level: 10
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: MEI CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Split Bedroom, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 1097
  • Possible Use: Secondary
  • Stories: 22
  • Window Features: Clear Impact Glass
  • Bedroom Features: Entry Level
  • Dining Room Features: Breakfast Area, Dining/Living Room, Eat-In Kitchen
  • Master Bathroom Features: 2 Primary Bathrooms, Dual Sinks

Exterior Features

  • View: Ocean View, Direct Ocean, Skyline
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Park Building Name: MEI
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space

Utilities

  • Cooling: Central Air, Other
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Security: Fire Alarm, Smoke Detector, Doorman, Elevator Secure, Card Entry, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 2498
  • Amenities: Cabana, Community Room, Elevator(s), Exercise Room, Library, Private Beach Pavilion, Private Pool, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo, Homeowners

Lot Info

  • Parcel Number: 02-32-14-031-0750
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 132
  • Number Of Units Total: 132

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 15071

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2024
Closed on
May 30, 2024
Sold by
Lobb Roy Richard and Lobb Lesbia A
Bought by
October 2000 Roskind Grandchildrens Trust and Roskind
Seller's Agent
Liza Him Castro
Peabody Real Estate, LLC
Buyer's Agent
Jaime Blatt
Compass Florida, LLC
List Price
$1,400,000
Sold Price
$1,315,000
Premium/Discount to List
-$85,000
-6.07%
Views
27
Current Estimated Value
$1,283,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,194
Avg. Annual Appreciation
-1.95%

Purchase Details

Closed on
Dec 9, 2020
Sold by
Lobb Roy Richard
Bought by
Lobb Roy Richard and Lobb Lebia A

Purchase Details

Listed on
May 15, 2012
Closed on
Sep 14, 2012
Sold by
Alvarez Oscar A and Arias Maria G
Bought by
Lobb Roy Richard
Seller's Agent
Juan de Jongh
Colfax Realty International Inc
Buyer's Agent
Liza Him Castro
Peabody Real Estate, LLC
List Price
$800,000
Sold Price
$800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.73%

Purchase Details

Closed on
Aug 13, 2009
Sold by
Pmg Collins Llc
Bought by
Alvarez Oscar A and Arias Maria G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
5.87%
Mortgage Type
Seller Take Back
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
October 2000 Roskind Grandchildrens Trust $1,315,000 Clear Title Group
Lobb Roy Richard -- None Available
Lobb Roy Richard $800,000 Attorney
Alvarez Oscar A $585,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alvarez Oscar A $292,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $1,315,000 -6.1% $1,199 / Sq Ft
04/12/2024 04/12/24 Pending -- -- --
03/07/2024 03/07/24 For Sale $1,400,000 +75.0% $1,276 / Sq Ft
09/17/2012 09/17/12 Sold $800,000 0.0% $729 / Sq Ft
08/15/2012 08/15/12 Pending -- -- --
05/15/2012 05/15/12 For Sale $800,000 -- $729 / Sq Ft
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 $15,982 $1,057,562 -- --
2024 $15,071 $732,560 -- --
2023 $15,071 $665,964 $0 $0
2022 $11,992 $605,422 $0 $0
2021 $10,627 $550,384 $0 $0
2020 $12,994 $671,200 $0 $0
2019 $16,517 $852,325 $0 $0
2018 $16,027 $852,325 $0 $0
2017 $16,921 $883,562 $0 $0
2016 $16,252 $803,239 $0 $0
2015 $15,377 $730,218 $0 $0
2014 $13,487 $663,835 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2024

    Liza Him Castro

    Peabody Real Estate, LLC

    (786) 539-4884

    1 in this area

    27 Total Sales

    Liza Him Castro
    Section Image
  • Jaime Blatt

    Buyer's Agent in 2024

    Jaime Blatt

    Compass Florida, LLC

    (914) 523-5974

    3 in this area

    21 Total Sales

    Jaime Blatt
    Section Image
  • Juan de Jongh

    Seller's Agent in 2012

    Juan de Jongh

    Colfax Realty International Inc

    (305) 582-7686

    13 Total Sales

    Juan de Jongh
    Section Image
See All Agents

About MEi

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11546099

MIAMI REALTORS® MLS

APN: 02-3214-031-0750

Florida Miami/Dade County Miami Beach 33140 Oceanfront

5875 Collins Ave Unit 1005, Miami Beach, FL

This home is located at 5875 Collins Ave Unit 1005, Miami Beach, FL 33140 since 07 March 2024 and is currently estimated at $1,283,806, approximately $1,170 per square foot. This property was built in 2008. 5875 Collins Ave Unit 1005 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