MEi 5875 Collins Ave Unit 1604 Miami Beach, FL 33140
Oceanfront Neighborhood
1
Bed
1.5
Baths
778
Sq Ft
$952/mo
HOA Fee
Highlights
- Doorman
- Ocean Front
- Fitness Center
- North Beach Elementary School Rated A-
- Community Cabanas
- Clubhouse
About This Home
As of May 2022Beautiful, breathtaking ocean and Miami Skyline views from this south facing, "NEVER LIVED IN" beachfront luxury condo. This unit has over $100,000 in upgrades, including Italian Statuario marble flooring, Italian custom doors, and superior appliances & f ixtures throughout. MEI is a boutique Asian inspired luxury condominium on Millionaire's Row w/resort style amenities, including beach service, concierge, professional equipped gym, luxurious spa, dog walk, valet parking, and much more.
Last Agent to Sell the Property
Coldwell Banker Realty License #3053607 Listed on: 10/11/2014
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,375
Year Built
- Built in 2008
Lot Details
- Ocean Front
- North Facing Home
HOA Fees
- $952 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Guest Parking
Property Views
Home Design
- Pre-Cast Concrete Construction
Interior Spaces
- 778 Sq Ft Home
- Combination Dining and Living Room
- Marble Flooring
- Security System Owned
Kitchen
- Self-Cleaning Oven
- Electric Range
- Microwave
- Ice Maker
- Dishwasher
- Cooking Island
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
- Walk-In Closet
- Jettted Tub and Separate Shower in Primary Bathroom
Laundry
- Dryer
- Washer
Outdoor Features
- Property has ocean access
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 02-32-14-031-0660
Community Details
Overview
- 134 Units
- High-Rise Condominium
- Mei Condo
- Mei Condo Subdivision
- 21-Story Property
Amenities
- Doorman
- Valet Parking
- Community Center
- Party Room
- Community Library
- Secure Lobby
Recreation
- Community Cabanas
Pet Policy
- Breed Restrictions
Security
- High Impact Windows
- High Impact Door
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 13, 2022
Closed on
May 20, 2022
Sold by
Dgwg 3030 Llc
Bought by
Mei Holdings 1702 Llc
Seller's Agent
Alyssa Brinegar Morgan
The Inside Network
Buyer's Agent
Joseph Schafer
Douglas Elliman
List Price
$850,000
Sold Price
$860,000
Premium/Discount to List
$10,000
1.18%
Total Days on Market
70
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,874
Avg. Annual Appreciation
2.00%
Purchase Details
Listed on
Dec 19, 2021
Closed on
Feb 1, 2022
Sold by
Molfetto Ida S
Bought by
Dgwg 3030 Llc
Seller's Agent
Carlos Marco
Best Real Estate Plus
Buyer's Agent
Carlos Marco
Best Real Estate Plus
List Price
$790,000
Sold Price
$770,000
Premium/Discount to List
-$20,000
-2.53%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.55%
Purchase Details
Closed on
Mar 5, 2021
Sold by
Molfetto Ida S
Bought by
Molfetto Ida S and Gardier Clint
Purchase Details
Listed on
Oct 11, 2014
Closed on
Jan 23, 2015
Sold by
Okole Sammy M
Bought by
Molfetto Ida S
Seller's Agent
Lisa Fox
Coldwell Banker Realty
Buyer's Agent
Carlos Marco
Best Real Estate Plus
List Price
$699,000
Sold Price
$640,000
Premium/Discount to List
-$59,000
-8.44%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.49%
Original Mortgage
$417,000
Interest Rate
3.88%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 16, 2008
Sold by
Pmg Collins Llc
Bought by
Okole Sammy M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
6%
Mortgage Type
Unknown
Similar Homes in Miami Beach, FL
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $860,000 | Nexterra Law | |
| Warranty Deed | $770,000 | Empire Title | |
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $640,000 | Attorney | |
| Special Warranty Deed | $975,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $417,000 | New Conventional | |
| Previous Owner | $675,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/23/2022 05/23/22 | Sold | $860,000 | +1.2% | $1,105 / Sq Ft |
| 04/13/2022 04/13/22 | For Sale | $850,000 | +10.4% | $1,093 / Sq Ft |
| 02/01/2022 02/01/22 | Sold | $770,000 | -2.5% | $990 / Sq Ft |
| 01/24/2022 01/24/22 | Pending | -- | -- | -- |
| 12/19/2021 12/19/21 | For Sale | $790,000 | 0.0% | $1,015 / Sq Ft |
| 11/20/2019 11/20/19 | Rented | $2,650 | -14.5% | -- |
| 09/13/2019 09/13/19 | Price Changed | $3,100 | -11.4% | $4 / Sq Ft |
| 05/31/2019 05/31/19 | For Rent | $3,500 | 0.0% | -- |
| 08/25/2017 08/25/17 | Rented | $3,500 | -2.8% | -- |
| 07/06/2017 07/06/17 | For Rent | $3,600 | 0.0% | -- |
| 01/23/2015 01/23/15 | Sold | $640,000 | -5.2% | $823 / Sq Ft |
| 12/20/2014 12/20/14 | Pending | -- | -- | -- |
| 10/31/2014 10/31/14 | Price Changed | $675,000 | -3.4% | $868 / Sq Ft |
| 10/10/2014 10/10/14 | For Sale | $699,000 | -- | $898 / Sq Ft |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $12,251 | $680,746 | -- | -- |
| 2023 | $12,251 | $648,330 | $0 | $0 |
| 2022 | $7,614 | $405,248 | $0 | $0 |
| 2021 | $7,524 | $389,662 | $0 | $0 |
| 2020 | $8,290 | $428,200 | $0 | $0 |
| 2019 | $10,537 | $543,767 | $0 | $0 |
| 2018 | $10,225 | $543,767 | $0 | $0 |
| 2017 | $10,955 | $558,485 | $0 | $0 |
| 2016 | $9,862 | $507,714 | $0 | $0 |
| 2015 | $9,218 | $438,809 | $0 | $0 |
| 2014 | $8,972 | $398,918 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Alyssa Brinegar Morgan
Seller's Agent in 2022
Alyssa Brinegar Morgan
The Inside Network
(305) 804-2921
5 in this area
41 Total Sales
-
Carlos Marco
Seller's Agent in 2022
Carlos Marco
Best Real Estate Plus
(786) 282-4300
5 in this area
35 Total Sales
-
Brittany Herman
B
Seller Co-Listing Agent in 2022
Brittany Herman
Douglas Elliman
(310) 724-7000
1 in this area
4 Total Sales
-
Joseph Schafer
Buyer's Agent in 2022
Joseph Schafer
Douglas Elliman
(305) 695-6300
3 in this area
73 Total Sales
-
Dina Goldentayer
Buyer Co-Listing Agent in 2022
Dina Goldentayer
Douglas Elliman
(305) 695-6300
4 in this area
222 Total Sales
-
Dale Hamel
Buyer's Agent in 2019
Dale Hamel
BHHS EWM Realty
(305) 606-6696
4 in this area
17 Total Sales
About MEi
Map
Source: MIAMI REALTORS® MLS
MLS Number: A2018190
APN: 02-3214-031-0660
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