NOT LISTED FOR SALE

MEi 5875 Collins Ave Unit 1206 Miami Beach, FL 33140

Oceanfront Neighborhood

Estimated Value: $853,609 - $983,000

1 Bed
1.5 Baths
833 Sq Ft
$1,935/mo HOA Fee

Last Sold July 21, 2024

Last sale price $935,000 $1,122 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $7,904/month

235 Days on Market

Highlights

  • Doorman
  • Ocean View
  • Fitness Center
  • North Beach Elementary School Rated A-
  • Property has ocean access
  • Newly Remodeled

About This Home

As of July 2024

Enjoy the ultimate in luxury living with majestic rare east/west views of the ocean, city and bay from this surprisingly well priced condo in the heart of Miami Beach located on Millionaires row. This 1 bedroom 1.5 bath residence features a modern Italian kitchen, wood floors, new walk in closet, large open shower, jacuzzi size tub and a spacious terrace perfect for sunset cocktails. The Mei is an elegant boutique condo with just 134 residences offering 5 star services and high-end amenities including beach service, a state-of-the-art fitness center, spa, business center, heated pool, cold plunge, infrared sauna, tea lounge, library, spa, valet parking, 24-hour security and more. The prime location is an ideal seaside escape near numerous luxury shops and notable restaurants.

Last Agent to Sell the Property

Joyce Gato

Douglas Elliman Brokerage Email: joyce@joycegato.com License #0568186 Listed on: 11/28/2023

Douglas Elliman

Last Buyer's Agent

Caterina Sastri

LoKation License #3411890

LoKation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,135

Year Built

  • Built in 2008 | Newly Remodeled

Lot Details

  • Waterfront
  • Privacy Fence

HOA Fees

  • $1,935 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 833 Sq Ft Home
  • Blinds
  • Combination Dining and Living Room
  • Wood Flooring
  • Video Cameras

Kitchen

  • Built-In Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property has ocean access

Schools

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

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-14-031-0940

Community Details

Overview

  • High-Rise Condominium
  • Mei Condo
  • Mei Condo Subdivision
  • 22-Story Property

Amenities

  • Doorman
  • Secure Lobby
  • Elevator

Recreation

  • Community Spa
  • Bike Trail

Pet Policy

  • Breed Restrictions

Security

  • Secure Elevator
  • Walled
  • Clear Impact Glass
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,135

Year Built

Built in 2008 | Newly Remodeled

Lot Details

0

HOA Fees

$1,935 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2008
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 12
  • 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: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Attribution Contact: joyce@joycegato.com
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: Elevator, Fire Sprinklers
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 833
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 22
  • Window Features: Clear Impact Glass, Blinds
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Separate Tub & Shower

Exterior Features

  • View: Ocean View, Other View, Skyline, Water View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Fencing: Privacy
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Smoke Detector, Doorman, Elevator Secure, Lobby Secured, TV Camera, Walled

Condo/Co-op/Association

  • Association Fee: 1935
  • Amenities: Bike/Jog Path, Elevator(s), Exercise Room, Heated Pool, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

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

Lot Info

  • Parcel Number: 02-32-14-031-0940
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 11135

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2023
Closed on
Jul 9, 2024
Sold by
Vernon Kimberly S
Bought by
Hanna Brynstedt
Seller's Agent
Joyce Gato
Douglas Elliman
Buyer's Agent
Caterina Sastri
LoKation
List Price
$999,500
Sold Price
$935,000
Premium/Discount to List
-$64,500
-6.45%
Views
64
Current Estimated Value
$920,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,098
Avg. Annual Appreciation
-0.89%

Purchase Details

Closed on
Oct 1, 2009
Sold by
Pmg Collins Llc
Bought by
Barone Francesco and Pipino Francesca
Source: Public Records

Range of Values:

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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
Hanna Brynstedt $935,000 Sunbelt Title Agency
Barone Francesco $430,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2024 07/21/24 Sold $935,000 -1.6% $1,122 / Sq Ft
04/24/2024 04/24/24 Price Changed $950,000 -2.1% $1,140 / Sq Ft
02/09/2024 02/09/24 Price Changed $970,000 -3.0% $1,164 / Sq Ft
11/28/2023 11/28/23 For Sale $999,500 +40.8% $1,200 / Sq Ft
04/15/2022 04/15/22 Sold $710,000 -7.4% $852 / Sq Ft
01/12/2022 01/12/22 For Sale $767,000 0.0% $921 / Sq Ft
05/01/2021 05/01/21 Rented $3,400 0.0% --
04/14/2021 04/14/21 Under Contract -- -- --
04/09/2021 04/09/21 For Rent $3,400 +13.3% --
09/17/2020 09/17/20 Rented $3,000 -6.3% --
08/25/2020 08/25/20 Under Contract -- -- --
03/02/2020 03/02/20 For Rent $3,200 +6.7% --
02/05/2019 02/05/19 Rented $3,000 0.0% --
01/07/2019 01/07/19 Price Changed $3,000 -11.8% $4 / Sq Ft
10/08/2018 10/08/18 Price Changed $3,400 -4.2% $4 / Sq Ft
09/13/2018 09/13/18 Price Changed $3,550 -1.4% $4 / Sq Ft
07/20/2018 07/20/18 Price Changed $3,600 -1.4% $4 / Sq Ft
06/11/2018 06/11/18 For Rent $3,650 -- --
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 $11,427 $714,885 -- --
2024 $11,135 $649,322 -- --
2023 $11,135 $630,410 $0 $0
2022 $7,531 $400,800 $0 $0
2021 $7,441 $385,385 $0 $0
2020 $8,199 $423,500 $0 $0
2019 $10,149 $523,709 $0 $0
2018 $9,848 $523,709 $0 $0
2017 $10,497 $551,218 $0 $0
2016 $10,151 $505,290 $0 $0
2015 $9,101 $459,355 $0 $0
2014 $8,888 $437,484 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joyce Gato

    Seller's Agent in 2024

    Joyce Gato

    Douglas Elliman

    (917) 992-0552

    2 in this area

    23 Total Sales

    Joyce Gato
    Section Image
  • Caterina Sastri

    Buyer's Agent in 2024

    Caterina Sastri

    LoKation Real Estate

    (305) 848-4077

    1 in this area

    20 Total Sales

    Caterina Sastri
    Section Image
  • Romina Grinberg

    Seller's Agent in 2022

    Romina Grinberg

    Compass Florida, LLC

    (786) 449-6467

    3 in this area

    40 Total Sales

    Romina Grinberg
    Section Image

  • N

    Buyer's Agent in 2022

    Non-Member Mls Agent

  • Morgan Blittner

    Buyer's Agent in 2021

    Morgan Blittner

    Brown Harris Stevens

    (305) 710-3704

    1 in this area

    36 Total Sales

    Morgan Blittner
    Section Image
  • Gregory Gringruz

    Buyer's Agent in 2020

    Gregory Gringruz

    Exclusively Yours Realty

    (305) 343-9155

    2 in this area

    48 Total Sales

    Gregory Gringruz
    Section Image
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About MEi

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11492106

MIAMI REALTORS® MLS

APN: 02-3214-031-0940

Florida Miami/Dade County Miami Beach 33140 Oceanfront

5875 Collins Ave Unit 1206, Miami Beach, FL

This home is located at 5875 Collins Ave Unit 1206, Miami Beach, FL 33140 since 28 November 2023 and is currently estimated at $920,902, approximately $1,105 per square foot. This property was built in 2008. 5875 Collins Ave Unit 1206 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.

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