$1,475,000
SOLD AUG 22, 2025

MEi 5875 Collins Ave Unit 1603 Miami Beach, FL 33140

Oceanfront Neighborhood
2 Beds
2.5 Baths
1,094 Sq Ft
$2,758/mo HOA Fee

Recently Sold

$1,348 Per Sq Ft

10% Below List Price

138 Days on Market

Highlights

  • Ocean Front
  • Fitness Center
  • Marble Flooring
  • North Beach Elementary School Rated A-
  • Clubhouse
  • Sauna

About This Home

As of August 2025

Impeccable 2-bed, 2.5-bath condo in the prestigious MEI, an exclusive boutique-style luxury building inspired by Asian design in the highly sought-after Millionaire’s Row in Miami Beach. Used solely as a vacation home, never rented, and with less than two months of annual use, this stunning residence features marble flooring throughout, built-in furniture for maximum convenience and style, and abundant natural light in every room with breathtaking ocean views. The MEI offers world-class amenities, including a newly renovated lobby with 24-hour concierge, valet parking, a TEA lounge, a serene ZEN library, direct oceanfront access with daily beach service, a state-of-the-art fitness center, and yoga and massage rooms.

Last Agent to Sell the Property

Armando Javier

Jasal Int'l Realty License #3078281 Listed on: 03/19/2025

Co-Listed By

Silvia Rivera

Jasal Int'l Realty License #3496170

Last Buyer's Agent

Chris King

Compass Florida, LLC License #3559386

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,653

Year Built

  • Built in 2008

Lot Details

  • Ocean Front

HOA Fees

  • $2,758 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Split Level Home
  • Entry on the 16th floor

Interior Spaces

  • 1,094 Sq Ft Home
  • Marble Flooring
  • Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry

Home Security

Outdoor Features

  • Unrestricted saltwater access

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 02-32-14-031-0490

Community Details

Overview

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

Amenities

  • Business Center
  • Community Library
  • Secure Lobby

Recreation

Pet Policy

  • Breed Restrictions

Security

  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,653

Year Built

Built in 2008

Lot Details

0

HOA Fees

$2,758 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2008
  • Property Sub Type: Condominium
  • Architectural Style: Split Level
  • Co List Office Mls Id: ARJA01
  • Co List Office Phone: 786-350-1222
  • Entry Level: 16
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Unrestricted Salt Water 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, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Closet Cabinetry, Split Bedroom
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 1094
  • Possible Use: Secondary
  • Stories: 22
  • Bedroom Features: Other

Exterior Features

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

Garage/Parking

  • Park Building Name: MEI CONDO
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Lobby Secured

Condo/Co-op/Association

  • Association Fee: 2758
  • Amenities: Business Center, Clubhouse-Clubroom, Exercise Room, Library, Pool, Sauna
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-14-031-0490

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 16653

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2025
Closed on
Aug 22, 2025
Sold by
Rosales Nerio and Rosales Maria
Bought by
Kantzer Max and Kantzer Margaret
Seller's Agent
Armando Javier
Jasal Int'l Realty
Buyer's Agent
Chris King
Compass Florida, LLC
List Price
$1,640,000
Sold Price
$1,475,000
Premium/Discount to List
-$165,000
-10.06%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
314.48%

Purchase Details

Closed on
Aug 3, 2009
Sold by
Pmg Collins Llc
Bought by
Rosales Nerio and Rosales Maria
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,475,000 None Listed On Document
Warranty Deed $1,475,000 None Listed On Document
Special Warranty Deed $680,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 Sold $1,475,000 -10.1% $1,348 / Sq Ft
08/04/2025 08/04/25 Pending -- -- --
03/19/2025 03/19/25 For Sale $1,640,000 -- $1,499 / 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 $16,653 $833,908 -- --
2024 $15,709 $758,099 -- --
2023 $15,709 $689,181 $0 $0
2022 $12,410 $626,529 $0 $0
2021 $10,997 $569,572 $0 $0
2020 $13,383 $694,600 $0 $0
2019 $12,145 $626,701 $0 $0
2018 $14,733 $783,499 $0 $0
2017 $14,920 $783,499 $0 $0
2016 $16,391 $796,666 $0 $0
2015 $15,852 $724,242 $0 $0
2014 $15,477 $658,402 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Armando Javier

    Seller's Agent in 2025

    Armando Javier

    Jasal Int'l Realty

    (786) 234-3377

    1 in this area

    40 Total Sales

    Armando Javier
    Section Image

  • S

    Seller Co-Listing Agent in 2025

    Silvia Rivera

    Jasal Int'l Realty

    (305) 302-5873

    1 in this area

    2 Total Sales

    Silvia Rivera
    Section Image
  • Chris King

    Buyer's Agent in 2025

    Chris King

    Compass Florida, LLC

    (954) 857-1017

    1 in this area

    16 Total Sales

    Chris King
    Section Image
See All Agents

About MEi

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11765395

MIAMI REALTORS® MLS

APN: 02-3214-031-0490

Florida Miami/Dade County Miami Beach 33140 Oceanfront

5875 Collins Ave Unit 1603, Miami Beach, FL

This home is located at 5875 Collins Ave Unit 1603, Miami Beach, FL 33140 and is currently priced at $1,475,000, approximately $1,348 per square foot. This property was built in 2008. 5875 Collins Ave Unit 1603 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.

Nearby Homes