$2,000,000

MEi 5875 Collins Ave Unit 1503 Miami Beach, FL 33140

Oceanfront Neighborhood

Estimated payment $14,529/month

Total Views 1,676
2 Beds
2.5 Baths
1,094 Sq Ft
$1,828 Price per Sq Ft

Highlights

  • Doorman
  • Ocean Front
  • Marble Flooring
  • North Beach Elementary School Rated A-
  • Fitness Center
  • Main Floor Primary Bedroom

About This Home

Presenting, turn-key furnished by Artefacto and move-in 2 bedrooms, 2.5 baths residences in the MEI, an excluisve boutique-style luxury building inspired by Asian design. This spacious unit of natural light and breathtaking ocean views from a large private balcony. Inside you'll find marble flooring throughout, electric blinds, custom leather door handles, and built-in closets for maximum convenience and style. The modern kitchen is fully equipped with high-end Bosch appliances, ample cabinet space, an espresso maker, and a wine cooler - ideal for both daily living and entertaining. Amenities at The Mei includes a newly renovated lobby with 24-hour concierge, valet parking, direct oceanfront access with daily beach service. Residents enoy acces to a fitness center, yoga and massage rooms.

Listing Agent

Pity Betancourt

BHHS EWM Realty License #3136193 Listed on: 09/05/2025

BHHS EWM Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,528

Year Built

  • Built in 2008

HOA Fees

  • $2,496 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Entry on the 15th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,094 Sq Ft Home
  • Custom Mirrors
  • Furnished
  • Built-In Features
  • Blinds
  • Sliding Windows
  • Family or Dining Combination
  • Sun or Florida Room
  • Marble Flooring

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Bidet
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Ocean Front

Listing and Financial Details

  • Assessor Parcel Number 02-32-14-031-0480

Community Details

Overview

  • Mei Condo
  • Mei Condo Subdivision
  • 22-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Community Library

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Card or Code Access
  • Secure Elevator
  • High Impact Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,528

Year Built

Built in 2008

Lot Details

0

HOA Fees

$2,496 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2008
  • Property Sub Type: Condominium
  • Entry Level: 15
  • 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: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Other Equipment/Appliances, Washer
  • Interior Amenities: Lobby, First Floor Entry, Built-in Features, Closet Cabinetry, Custom Mirrors, Elevator, Split Bedroom, Florida Room
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Marble
  • Furnished: Turn Key Furnished
  • Living Area: 1094
  • Other Equipment: Elevator
  • Stories: 22
  • Window Features: Blinds, High Impact Windows, Sliding
  • Bedroom Features: Primary Bedroom Ground Level
  • Dining Room Features: Family/Dining Combination
  • Living Room Features: Florida Room
  • Master Bathroom Features: Bidet, Dual Sinks

Exterior Features

  • View: Ocean View, Direct Ocean
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: MEI CONDO
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Additional Spaces Available, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector, Doorman, Elevator Secure, Card Entry

Condo/Co-op/Association

  • Association Fee: 2496
  • Amenities: Exercise Room, Heated Pool, Library, Pool, Sauna, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-14-031-0480

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 2496

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 16528

Map

About MEi

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $16,528 $829,227 -- --
2024 $15,589 $753,843 -- --
2023 $15,589 $685,312 $0 $0
2022 $12,340 $623,011 $0 $0
2021 $10,936 $566,374 $0 $0
2020 $13,308 $690,700 $0 $0
2019 $12,076 $623,174 $0 $0
2018 $14,650 $779,089 $0 $0
2017 $14,836 $779,089 $0 $0
2016 $17,804 $916,571 $0 $0
2015 $18,159 $916,571 $0 $0
2014 $18,622 $916,571 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2025 09/05/25 For Sale $2,000,000 +81.8% $1,828 / Sq Ft
02/14/2016 02/14/16 Sold $1,100,000 -13.4% $1,005 / Sq Ft
02/01/2016 02/01/16 Pending -- -- --
09/30/2015 09/30/15 Price Changed $1,269,900 +0.1% $1,161 / Sq Ft
09/29/2015 09/29/15 Price Changed $1,269,000 -3.9% $1,160 / Sq Ft
09/01/2015 09/01/15 For Sale $1,319,900 +20.0% $1,206 / Sq Ft
06/03/2013 06/03/13 Sold $1,100,000 -6.0% $1,005 / Sq Ft
05/08/2013 05/08/13 Pending -- -- --
03/20/2013 03/20/13 Price Changed $1,170,000 -1.7% $1,069 / Sq Ft
03/18/2013 03/18/13 For Sale $1,190,000 +8.2% $1,088 / Sq Ft
02/19/2013 02/19/13 Off Market $1,100,000 -- --
01/14/2013 01/14/13 For Sale $1,190,000 0.0% $1,088 / Sq Ft
02/27/2012 02/27/12 Rented $4,600 -14.8% --
01/28/2012 01/28/12 Under Contract -- -- --
10/12/2011 10/12/11 For Rent $5,400 -- --
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,100,000 Attorney
Warranty Deed $1,100,000 Attorney
Special Warranty Deed $650,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $700,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11873010

MIAMI REALTORS® MLS

APN: 02-3214-031-0480

Florida Miami/Dade County Miami Beach 33140 Oceanfront

5875 Collins Ave Unit 1503, Miami Beach, FL

This home is located at 5875 Collins Ave Unit 1503, Miami Beach, FL 33140 and is currently priced at $2,000,000, approximately $1,828 per square foot. This property was built in 2008. 5875 Collins Ave Unit 1503 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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Listing Agent
Pity Betancourt
Section Image
BHHS EWM Realty
(786) 788-7174