NOT LISTED FOR SALE

MEi 5875 Collins Ave Unit 1403 Floor 14 Miami Beach, FL 33140

Oceanfront Neighborhood

Estimated Value: $1,323,000 - $1,804,000

2 Beds
2.5 Baths
1,094 Sq Ft
$2,496/mo HOA Fee

Last Sold June 11, 2024

Last sale price $1,490,000 $1,362 Per Sq Ft

Current estimated payment $11,704/month

160 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Fitness Center
  • North Beach Elementary School Rated A-
  • Deeded Boat Dock
  • Community Pool

About This Home

As of June 2024

Rarely Available 2 Bed 2 1⁄2 bath at the prestigious Mei Miami Beach with Ocean and Bay views. Originally furnished and designed by Famous Steven G Design House. The property has lots of Natural light from in every room with ocean views. Boutique building with all the modern amenities including pool and beach services, social rooms, library, gym, spa 24/7 front desk with Security and valet. Enjoy the full service building and amenities. See for yourself.

Last Agent to Sell the Property

Jonathan Castaneda

Fortune Christie's International Real Estate License #3057028 Listed on: 12/01/2023

Fortune Christie's International Real Estate

Last Buyer's Agent

Gregory Gringruz

Exclusively Yours Realty License #3285937

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,754

Year Built

  • Built in 2008

HOA Fees

  • $2,496 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Entry on the 14th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,094 Sq Ft Home
  • Partially Furnished
  • Water Views

Bedrooms and Bathrooms

  • 2 Bedrooms

Home Security

Outdoor Features

  • Property has ocean access
  • Deeded Boat Dock

Additional Features

  • Ocean Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-14-031-0470

Community Details

Overview

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

Amenities

  • Doorman
  • Recreation Room
  • Elevator
  • Interior Hall
  • Bike Room

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,754

Year Built

Built in 2008

Lot Details

0

HOA Fees

$2,496 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2008
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 14
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Dock
  • Master Model: Mei Condo
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: MEI CONDO,Mei Condo
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: Interior Hall, Lobby, Other
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Other
  • Furnished: Partially Furnished
  • Living Area: 1094
  • Possible Use: Unknown/Withheld
  • Stories: 22
  • Bedroom Features: Entry Level

Exterior Features

  • View: Water View
  • 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

  • Park Building Name: Mei Condo
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Other

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Doorman

Condo/Co-op/Association

  • Association Fee: 2496
  • Amenities: Bike Storage, Elevator(s), Exercise Room, Hobby Room, Private Pool, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-14-031-0470
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 16754

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2023
Closed on
Jun 11, 2024
Sold by
Libani Henry and Libani Nina
Bought by
Phoenix Trust and Bokor
Seller's Agent
Jonathan Castaneda
Fortune Christie's International Real Estate
Buyer's Agent
Gregory Gringruz
Exclusively Yours Realty
List Price
$1,750,000
Sold Price
$1,490,000
Premium/Discount to List
-$260,000
-14.86%
Views
56
Current Estimated Value
$1,491,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,816
Avg. Annual Appreciation
0.08%

Purchase Details

Listed on
Oct 13, 2021
Closed on
Nov 23, 2021
Sold by
Peninsula Investment Trust Llc
Bought by
Libani Henry and Libani Nina
Seller's Agent
Thania Vernon
Fortune Christie's International Real Estate
Buyer's Agent
Jonathan Castaneda
Fortune Christie's International Real Estate
List Price
$1,120,000
Sold Price
$1,050,000
Premium/Discount to List
-$70,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.71%

Purchase Details

Listed on
Jan 6, 2015
Closed on
Jul 7, 2015
Sold by
Gurowitz Steven and Gurowitz Wendy
Bought by
Peninsula Investment Trust Llc
Seller's Agent
Gabriel Markowitz
Compass Florida LLC
Buyer's Agent
Robert Vernon
Fortune Christie's International Real Estate
List Price
$1,250,000
Sold Price
$1,075,000
Premium/Discount to List
-$175,000
-14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.37%

Purchase Details

Closed on
Jul 7, 2011
Sold by
Pmg Collins Llc
Bought by
Gurowitz Steven and Gurowitz Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Phoenix Trust $1,490,000 Union Title
Libani Henry $1,050,000 Attorney
Peninsula Investment Trust Llc $1,075,000 Attorney
Gurowitz Steven $770,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gurowitz Steven $370,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/11/2024 06/11/24 Sold $1,490,000 -6.6% $1,362 / Sq Ft
05/10/2024 05/10/24 Pending -- -- --
03/07/2024 03/07/24 Price Changed $1,595,000 -8.9% $1,458 / Sq Ft
12/01/2023 12/01/23 For Sale $1,750,000 +66.7% $1,600 / Sq Ft
11/24/2021 11/24/21 Sold $1,050,000 -6.3% $960 / Sq Ft View Prior Sale
11/02/2021 11/02/21 Pending -- -- --
10/13/2021 10/13/21 For Sale $1,120,000 0.0% $1,024 / Sq Ft
05/01/2018 05/01/18 Rented $5,300 -10.2% --
04/27/2018 04/27/18 Under Contract -- -- --
03/15/2018 03/15/18 Price Changed $5,900 -1.7% $5 / Sq Ft
10/18/2017 10/18/17 Price Changed $6,000 -7.7% $5 / Sq Ft
07/03/2017 07/03/17 For Rent $6,500 +18.2% --
12/21/2016 12/21/16 Rented $5,500 0.0% --
12/15/2016 12/15/16 Under Contract -- -- --
11/27/2016 11/27/16 For Rent $5,500 0.0% --
07/15/2015 07/15/15 Sold $1,075,000 -14.0% $983 / Sq Ft View Prior Sale
05/15/2015 05/15/15 Pending -- -- --
01/06/2015 01/06/15 For Sale $1,250,000 -- $1,143 / 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 $17,814 $1,089,611 -- --
2024 $16,753 $865,305 -- --
2023 $16,753 $786,641 $0 $0
2022 $13,437 $715,129 $0 $0
2021 $10,872 $563,094 $0 $0
2020 $13,232 $686,700 $0 $0
2019 $12,008 $619,647 $0 $0
2018 $14,567 $774,679 $0 $0
2017 $14,752 $774,679 $0 $0
2016 $17,703 $911,383 $0 $0
2015 $11,196 $605,492 $0 $0
2014 $11,388 $600,687 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11494515

MIAMI REALTORS® MLS

APN: 02-3214-031-0470