NOT LISTED FOR SALE

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

Oceanfront Neighborhood

Estimated Value: $1,195,000 - $1,429,000

2 Beds
2.5 Baths
1,094 Sq Ft
2008 Built

Sale Details

Date Sold: June 11, 2024

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

Est. 11% decrease in value since last sale

Current estimated payment $11,289 / mo

160 Days on Market

Highlights

  • Doorman
  • Deeded Boat Dock
  • Community Pool
  • Ocean Front
  • Fitness Center
  • Elevator

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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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

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 Community
  • 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 Sq Ft Lot

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

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 1, 2023
Closed on
Jun 11, 2024
Sold by
Bought by
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
$1,327,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$162,940
Avg. Annual Appreciation
-5.24%

Purchase Details

Listed on
Oct 13, 2021
Closed on
Nov 23, 2021
Sold by
Bought by
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
Bought by
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
Bought by

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

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

    27 Total Sales

    1 in Oceanfront

    $1,050,000 Price

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

    Rodes Robinson

    Compass Florida LLC

    (561) 250-0959

    48 Total Sales

    2 in Oceanfront

    $6,100,000 Price Range

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

    Kristina Gugunava

    Compass Florida, LLC

    (855) 305-3466

    22 Total Sales

    3 in Oceanfront

    $290K - $700K Price Range

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

    Moises Worthalter PA

    Compass Florida, LLC

    (866) 730-5576

    21 Total Sales

    1 in Oceanfront

    $670,000 Price

    Moises Worthalter PA
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  • Kevin Kavanaugh Real Estate Agent - Lokation

    Kevin Kavanaugh

    Lokation

    (888) 613-7518

    39 Total Sales

    1 in Oceanfront

    $575,000 Price

    Kevin Kavanaugh
     Section Image
  • Michelle Kauffmann Real Estate Agent - Miami Portfolio Collection

    Michelle Kauffmann

    Miami Portfolio Collection

    (786) 460-5090

    38 Total Sales

    1 in Oceanfront

    $920,000 Price

    Michelle Kauffmann
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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
$1,490,000 Union Title
$1,050,000 Attorney
$1,075,000 Attorney
$770,000 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 $470,000
Previous Owner $370,000
Previous Owner $370,000
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 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 -18.5% --
04/27/2018 04/27/18 Under Contract -- -- --
07/04/2017 07/04/17 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

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 $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

  • Jonathan Castaneda Real Estate Agent - Fortune Christie's International Real Estate

    Seller's Agent in 2024

    Jonathan Castaneda

    Fortune Christie's International Real Estate

    (305) 766-5131

    4 in this area

    18 Total Sales

    Jonathan Castaneda
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  • Gregory Gringruz Real Estate Agent - Exclusively Yours Realty

    Buyer's Agent in 2024

    Gregory Gringruz

    Exclusively Yours Realty

    (305) 343-9155

    2 in this area

    44 Total Sales

    Gregory Gringruz
    Section Image
  • Thania Vernon Real Estate Agent - Fortune Christie's International Real Estate

    Seller's Agent in 2021

    Thania Vernon

    Fortune Christie's International Real Estate

    (305) 582-3761

    1 in this area

    40 Total Sales

    Thania Vernon
    Section Image

  • R

    Seller Co-Listing Agent in 2018

    Robert Vernon

    Fortune Christie's International Real Estate

    (305) 361-3440

    13 Total Sales

    Robert Vernon
    Section Image
  • Romina Grinberg Real Estate Agent - Compass Florida, LLC

    Seller's Agent in 2016

    Romina Grinberg

    Compass Florida, LLC

    (786) 449-6467

    4 in this area

    35 Total Sales

    Romina Grinberg
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  • E

    Buyer's Agent in 2016

    Elizabeth Crowley

    Douglas Elliman

    Section Image
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About MEi

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11494515

MIAMI REALTORS® MLS

APN: 02-3214-031-0470

Florida Miami/Dade County Miami Beach 33140 Oceanfront

5875 Collins Ave Unit 1403, 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.

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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