MEi 5875 Collins Ave Unit 1604 Miami Beach, FL 33140
Oceanfront Neighborhood
1
Bed
1.5
Baths
778
Sq Ft
$1,265/mo
HOA Fee
Highlights
- Valet Parking
- Ocean Front
- Marble Flooring
- North Beach Elementary School Rated A-
- Fitness Center
- Community Pool
About This Home
As of May 2022From the minute you arrive at the newly remodeled MEI building you will experience peace and luxury. Come and see this magnificent high floor 1 bedroom residence offering panoramic Ocean and Skyline views. Fully upgraded with white marble floors, Italian doors, upgraded kitchen cabinets, granite counter tops, Sub Zero refrigerator and much more. Enjoy gorgeous sunrises and sunset from a large open balcony. MEI is a boutique luxury building located on Millionaires row in the heart of Miami Beach with a state of the art GYM and Spa, Concierge services, Acclimatized pool, Jacuzzi, meditation gardens, beach service, complimentary valet parking and more. YOUR CLIENTS WILL LOVE THIS UNIT!
Last Agent to Sell the Property
Best Real Estate Plus License #3180840 Listed on: 12/19/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,524
Year Built
- Built in 2008
HOA Fees
- $1,265 Monthly HOA Fees
Parking
- 2 Car Garage
- Open Parking
Property Views
Home Design
- Concrete Block And Stucco Construction
Interior Spaces
- 778 Sq Ft Home
- Marble Flooring
Kitchen
- Self-Cleaning Oven
- Microwave
- Ice Maker
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
- Walk-In Closet
Laundry
- Dryer
- Washer
Utilities
- Cooling Available
- Heating Available
- Electric Water Heater
Additional Features
- Ocean Front
- East of U.S. Route 1
Listing and Financial Details
- Assessor Parcel Number 02-32-14-031-0660
Community Details
Overview
- High-Rise Condominium
- Mei Miami Beach Condos
- Mei Condo Subdivision
- 23-Story Property
Amenities
- Valet Parking
- Secure Lobby
Recreation
- Community Spa
Pet Policy
- Breed Restrictions
Security
- Security Guard
- Secure Elevator
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%
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
$61,600
Avg. Annual Appreciation
2.25%
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
3.54%
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 the area
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 |
|---|---|---|---|---|
| 2025 | $12,792 | $714,783 | -- | -- |
| 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
-
Seller's Agent in 2022
Alyssa Brinegar Morgan
The Inside Network
(305) 804-2921
5 in this area
40 Total Sales
-
Seller's Agent in 2022
Carlos Marco
Best Real Estate Plus
(786) 282-4300
5 in this area
36 Total Sales
-
B
Seller Co-Listing Agent in 2022
Brittany Herman
Douglas Elliman
(310) 724-7000
1 in this area
4 Total Sales
-
Buyer's Agent in 2022
Joseph Schafer
Douglas Elliman
(305) 695-6300
3 in this area
73 Total Sales
-
Buyer Co-Listing Agent in 2022
Dina Goldentayer
Douglas Elliman
(305) 695-6300
4 in this area
225 Total Sales
-
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: A11138180
APN: 02-3214-031-0660
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