NOT LISTED FOR SALE

MEi 5875 Collins Ave Unit 1808 Miami Beach, FL 33140

Oceanfront Neighborhood

Estimated Value: $2,330,000 - $3,280,000

3 Beds
3.5 Baths
1,742 Sq Ft
$2,830/mo HOA Fee

Last Sold April 29, 2021

Last sale price $2,150,000 $1,234 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $20,719/month

18 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Fitness Center
  • North Beach Elementary School Rated A-
  • Community Cabanas
  • Clubhouse

About This Home

As of April 2021

This truly one-of-a-kind oceanfront and inter-coastal residence at the Mei Miami Beach, designed tastefully elegant and unique, it offers sweeping views of the Atlantic Ocean, Miami skyline and inter-coastal, huge 774 sqft wrap around balcony to entertain and enjoy Miami Views to the fullest. This luxury residence has been completely remodeled with top of the line products; It has 3 bedrooms with ocean views, 3 full bathrooms and 1 powder room. Stunning kitchen, custom marble island, with italcraft cabinetry, custom closets & marble flooring throughout. Comfortable and remodeled laundry room. One of the most desirable buildings in Miami Beach. The Asian-inspired building has a serviced beach and freshly renovated public areas, including an expansive pool deck, tea lounge, and Asian spa.

Last Agent to Sell the Property

Andreina Lecue

Avanti Way Realty LLC License #3239137 Listed on: 03/08/2021

Avanti Way Realty LLC

Last Buyer's Agent

Alex Algarin

Compass Florida, LLC License #3271319

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $24,010

Year Built

  • Built in 2008

Lot Details

  • Ocean Front
  • Property fronts an intracoastal waterway
  • Privacy Fence

HOA Fees

  • $2,830 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,742 Sq Ft Home
  • Built-In Features
  • Marble Flooring

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property has ocean access

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 02-32-14-031-1300

Community Details

Overview

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

Amenities

  • Doorman
  • Valet Parking
  • Community Barbecue Grill
  • Business Center
  • Community Center
  • Party Room
  • Community Library
  • Secure Lobby
  • Interior Hall
  • Bike Room

Recreation

  • Community Cabanas
  • Community Spa

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$24,010

Year Built

Built in 2008

Lot Details

0

HOA Fees

$2,830 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2008
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Entry Level: 18
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • 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
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Interior Hall, Built-in Features, Closet Cabinetry, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 1742
  • Possible Use: Unknown/Withheld
  • Stories: 22
  • Bedroom Features: Entry Level

Exterior Features

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

Garage/Parking

  • Park Building Name: MEI CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Valet

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Doorman, Elevator Secure, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 2830
  • Amenities: Bike Storage, Barbecue, Business Center, Cabana, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Library, Pool, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-14-031-1300
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 2830

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 24010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2021
Closed on
Apr 28, 2021
Sold by
Mawad Tania
Bought by
Frost Bert Alan and Frost Dana Dee
Seller's Agent
Andreina Lecue
Avanti Way Realty LLC
Buyer's Agent
Alex Algarin
Compass Florida, LLC
List Price
$2,300,000
Sold Price
$2,150,000
Premium/Discount to List
-$150,000
-6.52%
Current Estimated Value
$2,666,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$516,139
Avg. Annual Appreciation
5.14%
Original Mortgage
$1,050,000
Outstanding Balance
$954,345
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$1,711,794

Purchase Details

Listed on
Sep 8, 2015
Closed on
Jun 9, 2016
Sold by
Degonzalo Katy Valentina Makucha and Aranda Alcides Ignacio Gonzalo
Bought by
Mawad Tania
Seller's Agent
Diana M. Tellez
Elite Global Realty
Buyer's Agent
Matt Scroggins
Gary Hennes Realtors
List Price
$2,750,000
Sold Price
$1,550,000
Premium/Discount to List
-$1,200,000
-43.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.92%
Original Mortgage
$1,475,000
Interest Rate
3.58%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 9, 2011
Sold by
Degonzalo Katy Valentina Makucha and Aranda Alcides Ignacio Gonzalo
Bought by
Degonzalo Katy Valentina Makucha and Aranda Alcided Ignacio

Purchase Details

Closed on
Mar 25, 2010
Sold by
Degonzalo Katy Valentina Makucha and Aranda Alcides Ignacio Gonzalo
Bought by
Degonzalo Katy Valentina Makucha and Aranda Alcides Ignacio Gonzalo

Purchase Details

Closed on
Jul 31, 2009
Sold by
Pmg Collins Llc
Bought by
Gonzalo Katy V Makucha De
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Frost Bert Alan $2,150,000 Attorney
Mawad Tania $1,550,000 Attorney
Degonzalo Katy Valentina Makucha -- Attorney
Degonzalo Katy Valentina Makucha -- None Available
Gonzalo Katy V Makucha De $1,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frost Bert Alan $1,050,000
Previous Owner Mawad Tania $1,475,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2021 04/29/21 Sold $2,150,000 -6.5% $1,234 / Sq Ft
03/26/2021 03/26/21 Pending -- -- --
03/08/2021 03/08/21 For Sale $2,300,000 +48.4% $1,320 / Sq Ft
06/09/2016 06/09/16 Sold $1,550,000 -22.5% $853 / Sq Ft
05/25/2016 05/25/16 Pending -- -- --
04/01/2016 04/01/16 Price Changed $2,000,000 -16.7% $1,101 / Sq Ft
01/21/2016 01/21/16 Price Changed $2,400,000 -12.7% $1,321 / Sq Ft
09/08/2015 09/08/15 For Sale $2,750,000 -- $1,513 / 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 $40,348 $2,122,719 -- --
2024 $40,576 $2,188,370 -- --
2023 $40,576 $2,188,370 $0 $0
2022 $27,238 $1,449,630 $0 $0
2021 $23,923 $1,239,000 $0 $0
2020 $23,987 $1,239,000 $0 $0
2019 $24,010 $1,238,978 $0 $0
2018 $23,298 $1,238,978 $0 $0
2017 $23,594 $1,238,978 $0 $0
2016 $15,177 $821,897 $0 $0
2015 $15,370 $816,184 $0 $0
2014 $15,635 $809,707 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andreina Lecue

    Seller's Agent in 2021

    Andreina Lecue

    Avanti Way Realty LLC

    (305) 562-5951

    1 in this area

    23 Total Sales

    Section Image
  • Alex Algarin

    Buyer's Agent in 2021

    Alex Algarin

    Compass Florida, LLC

    (786) 295-7184

    5 in this area

    62 Total Sales

    Section Image
  • Diana M. Tellez

    Seller's Agent in 2016

    Diana M. Tellez

    Elite Global Realty

    (305) 788-2333

    2 Total Sales

    Section Image
  • Matt Scroggins

    Buyer's Agent in 2016

    Matt Scroggins

    Gary Hennes Realtors

    (305) 609-9044

    1 in this area

    16 Total Sales

    Section Image
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About MEi

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11009969

MIAMI REALTORS® MLS

APN: 02-3214-031-1300

Florida Miami/Dade County Miami Beach 33140 Oceanfront

5875 Collins Ave Unit 1808, Miami Beach, FL

This home is located at 5875 Collins Ave Unit 1808, Miami Beach, FL 33140 since 08 March 2021 and is currently estimated at $2,666,139, approximately $1,530 per square foot. This property was built in 2008. 5875 Collins Ave Unit 1808 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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