NOT LISTED FOR SALE

MEi 5875 Collins Ave Unit 1402 Floor 1 Miami Beach, FL 33140

Oceanfront Neighborhood

Estimated Value: $2,642,000 - $2,745,000

2 Beds
2.5 Baths
1,725 Sq Ft
2008 Built

Sale Details

Date Sold: February 21, 2025

Last sale price $2,700,000 $1,565 Per Sq Ft

Current estimated payment $21,862 / mo

54 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Active Adult
  • Community Pool
  • Ocean Front
  • Main Floor Primary Bedroom
  • Tile Flooring

About This Home

As of February 2025

2bed/2.5bath at Mei Condo in millionaires row in Miami Beach. Enjpy amazing ocean and city views from corner unit with wraparound balcony. Tile and wood floors throughout. Can be sold furnished. Two parking spots and free valet for guests.

Last Buyer's Agent

Luis Gonell

Bespoke Real Estate Florida LLC License #3287676

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $41,793

Year Built

  • Built in 2008

HOA Fees

  • $3,854 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,725 Sq Ft Home
  • Tile Flooring

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Deeded Waterfront Access Rights
  • Beach Access

Additional Features

  • Ocean Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 0232140310300

Community Details

Overview

  • Active Adult
  • Association fees include common areas
  • Mei Condo Subdivision
  • 30-Story Property

Amenities

  • Secure Lobby

Recreation

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$41,793

Year Built

Built in 2008

Lot Details

0 Sq Ft Lot

HOA Fees

$3,854 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 2008
  • Entry Level: 1
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Main Level Primary
  • Appliances: Dishwasher, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 1725.0
  • Stories: 30

Exterior Features

  • Exterior Features: Other
  • View: Ocean
  • Pool Features: Association
  • Waterfront Features: Beach Access, Deeded Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes

Utilities

  • Security: Lobby Secured
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 3854.0
  • Pets Allowed: No
  • Senior Community: Yes
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas

Lot Info

  • Parcel #: 0232140310300
  • Mobile Dim Units: Feet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 41793.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2024
Closed on
Feb 21, 2025
Sold by
Valhalla Strategies Llc
Bought by
Buyer's Agent
Luis Gonell
Bespoke Real Estate Florida LLC
List Price
$3,299,000
Sold Price
$2,700,000
Premium/Discount to List
-$599,000
-18.16%
Current Estimated Value
$2,710,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,351
Avg. Annual Appreciation
0.26%

Purchase Details

Closed on
Oct 13, 2020
Sold by
M & M Private Lending Group Llc
Bought by
Valhalla Strategies Llc

Purchase Details

Closed on
Sep 24, 2020
Sold by
Fountqainebleau Investments Llc
Bought by
M & M Private Lending Group Llc

Purchase Details

Closed on
Nov 30, 2009
Sold by
Pmg Collins Llc
Bought by
Fountainebleau Investments Llc
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Oceanfront, FL

  • Nick Quay Real Estate Agent - Real Broker LLC

    Nick Quay

    Real Broker LLC

    (786) 321-8564

    32 Total Sales

    2 in Oceanfront

    $1,050,000 Price Range

    Nick Quay
     Section Image
  • Rodes Robinson Real Estate Agent - Compass Florida LLC

    Rodes Robinson

    Compass Florida LLC

    (561) 250-0959

    49 Total Sales

    2 in Oceanfront

    $6,100,000 Price Range

    Rodes Robinson
     Section Image
  • Kristina Gugunava Real Estate Agent - Compass Florida, LLC

    Kristina Gugunava

    Compass Florida, LLC

    (855) 305-3466

    26 Total Sales

    4 in Oceanfront

    $290K - $700K Price Range

    Kristina Gugunava
     Section Image
  • Moises Worthalter PA Real Estate Agent - Compass Florida, LLC

    Moises Worthalter PA

    Compass Florida, LLC

    (866) 730-5576

    22 Total Sales

    1 in Oceanfront

    $670,000 Price

    Moises Worthalter PA
     Section Image
  • Kevin Kavanaugh Real Estate Agent - Lokation

    Kevin Kavanaugh

    Lokation

    (888) 613-7518

    40 Total Sales

    1 in Oceanfront

    $575,000 Price

    Kevin Kavanaugh
     Section Image
  • Chris King Real Estate Agent - Compass Florida, LLC

    Chris King

    Compass Florida, LLC

    (954) 420-8352

    23 Total Sales

    2 in Oceanfront

    $1,475,000 Price Range

    Chris King
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,700,000 Equity Land Title
Valhalla Strategies Llc $1,675,000 Attorney
M & M Private Lending Group Llc $1,325,000 Attorney
Fountainebleau Investments Llc $1,400,000 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,225,000
Previous Owner Fountainelbleau Investments Llc $450,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/21/2025 02/21/25 Sold $2,700,000 -18.2% $1,565 / Sq Ft
01/27/2025 01/27/25 Pending -- -- --
12/04/2024 12/04/24 For Sale $3,299,000 0.0% $1,912 / Sq Ft
11/01/2019 11/01/19 Rented $7,000 0.0% --
08/26/2019 08/26/19 Under Contract -- -- --
07/16/2019 07/16/19 Price Changed $7,000 0.0% $4 / Sq Ft
07/01/2019 07/01/19 Price Changed $6,999 0.0% $4 / Sq Ft
06/27/2019 06/27/19 Price Changed $6,998 0.0% $4 / Sq Ft
06/06/2019 06/06/19 Price Changed $6,999 0.0% $4 / Sq Ft
03/25/2019 03/25/19 For Rent $7,000 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $43,488 $2,077,298
2024 $38,580 $1,888,453
2023 $38,580 $1,716,776 $0 $0
2022 $29,979 $1,560,706 $0 $0
2021 $27,395 $1,418,824 $0 $0
2020 $29,856 $1,542,200 $0 $0
2019 $29,336 $1,623,371 $0 $0
2018 $29,574 $2,029,266 $0 $0
2017 $29,377 $1,198,233 $0 $0
2016 $28,824 $1,089,303 $0 $0
2015 $28,342 $990,276 $0 $0
2014 $22,859 $900,251 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Luis Gonell Real Estate Agent - Bespoke Real Estate Florida LLC

    Buyer's Agent in 2025

    Luis Gonell

    Bespoke Real Estate Florida LLC

    (239) 200-4296

    2 in this area

    35 Total Sales

    Luis Gonell
    Section Image
  • Lauren Sencion Real Estate Agent - The Real Estate Lab, Inc.

    Seller's Agent in 2019

    Lauren Sencion

    The Real Estate Lab, Inc.

    (305) 613-9647

    1 in this area

    61 Total Sales

    Lauren Sencion
    Section Image

  • EF

    Buyer's Agent in 2019

    Eduardo Fernandez

    Emerald Real Estate Inc

    (305) 733-4326

    1 in this area

    10 Total Sales

    Eduardo Fernandez
    Section Image
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About MEi

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: A11704388

BeachesMLS (Greater Fort Lauderdale)

APN: 02-3214-031-0300

Florida Miami/Dade County Miami Beach 33140 Oceanfront

5875 Collins Ave Unit 1402, Miami Beach, FL

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.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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