NOT LISTED FOR SALE

MEi 5875 Collins Ave Unit 4-1&2 Miami Beach, FL 33140

Oceanfront Neighborhood

Estimated Value: $2,350,000 - $4,210,000

2 Beds
3 Baths
2,252 Sq Ft
$2,502/mo HOA Fee

Last Sold August 06, 2012

Last sale price $1,875,000 $833 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $22,895/month

32 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Newly Remodeled
  • North Beach Elementary School Rated A-
  • Fitness Center
  • Clubhouse

About This Home

As of August 2012

2 MASTER BEDROOMS WITH BALCONY AND FILL BATHS CONDO FULLY FURNISHED CONDO WITH DIRECT OCEAN VIEWS. SURROUND SOUND SYSTEM THROUGHOUT WITH INDEPENDENT CONTROLLS. ELECTRIC BLACKOUTS AND CURTINS. PRIVATE LOBBY/ELEVATOR. 2 TERRACES. SKY LIGHT/ LOFT STYLE RESI DENCE.

Last Agent to Sell the Property

Vivian Laino

Brokers, LLC License #3033967 Listed on: 03/09/2012

Brokers, LLC

Last Buyer's Agent

Philip Spiegelman

MMLS Assoc.-Inactive Member License #3181711

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $41,003

Year Built

  • Built in 2008 | Newly Remodeled

HOA Fees

  • $2,502 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,252 Sq Ft Home
  • Wet Bar
  • Entrance Foyer
  • Marble Flooring
  • Washer and Dryer Hookup

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Home Security

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Handicap Accessible
  • Ocean Front

Listing and Financial Details

  • Assessor Parcel Number 02-32-14-031-0020

Community Details

Overview

  • 150 Units
  • High-Rise Condominium
  • Mei Condos
  • 21-Story Property

Amenities

  • Doorman
  • Trash Chute
  • Business Center

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

Security

  • Card or Code Access
  • Secure Elevator
  • High Impact Door
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$41,003

Year Built

Built in 2008 | Newly Remodeled

Lot Details

0

HOA Fees

$2,502 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2008
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Entry Level: 16
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Year Built Details: New Construction
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Electric Range, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Cooking Island, Fire Sprinklers, Entrance Foyer, Handicap Accessible, Split Bedroom, Walk-In Closet(s), Wet Bar
  • Accessibility Features: Handicap Accessible
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 2252
  • Possible Use: Secondary
  • Stories: 21
  • Bedroom Features: Entry Level

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: MEi
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Fire Sprinklers, Doorman, Elevator Secure, Card Entry

Condo/Co-op/Association

  • Association Fee: 2502
  • Amenities: Business Center, Clubhouse-Clubroom, Elevator(s), Exercise Room, Heated Pool, Sauna, Spa/Hot Tub, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-14-031-0020
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Multi Family

  • Maintenance Expense: 2502
  • Number Of Units In Community: 150
  • Number Of Units Total: 150

Tax Info

  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2020
Sold by
Rost John
Bought by
Morreale Ross
Total Days on Market
32
Current Estimated Value
$3,198,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Interest Rate
2.8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 26, 2017
Sold by
Dover Collins Llc
Bought by
Rost John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,256,250
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 9, 2012
Closed on
Aug 3, 2012
Sold by
Wildwood Miami Llc
Bought by
Dover Collins Llc
Seller's Agent
Vivian Laino
Brokers, LLC
Buyer's Agent
Philip Spiegelman
MMLS Assoc.-Inactive Member
List Price
$1,875,000
Sold Price
$1,875,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.25%
Original Mortgage
$650,000
Interest Rate
10%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 2009
Sold by
Pmg Collins Llc
Bought by
Wildwood Miami Llc
Source: Public Records

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Range of Values:

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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
Morreale Ross $2,700,000 Attorney
Rost John $837,500 Clear Title Group Llc
Rost John $837,500 Clear Title Group Llc
Dover Collins Llc $1,875,000 Attorney
Wildwood Miami Llc $957,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morreale Ross O $2,523,000
Closed Morreale Ross $2,400,000
Previous Owner Rost John $1,256,250
Previous Owner Dover Collins Llc $1,600,000
Previous Owner Dover Collins Llc $1,125,000
Previous Owner Dover Collins Llc $650,000
Previous Owner Wildwood Miami Llc $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2012 08/06/12 Sold $1,875,000 0.0% $833 / Sq Ft
04/11/2012 04/11/12 Pending -- -- --
03/09/2012 03/09/12 For Sale $1,875,000 -- $833 / 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
2024 $41,003 $2,277,318 -- --
2023 $41,003 $2,210,989 $0 $0
2022 $39,558 $2,146,592 $0 $0
2021 $41,447 $2,146,592 $0 $0
2020 $21,203 $1,095,200 $0 $0
2019 $26,529 $1,369,000 $0 $0
2018 $25,743 $1,369,000 $0 $0
2017 $9,565 $502,310 $0 $0
2016 $9,757 $502,310 $0 $0
2015 $9,952 $502,310 $0 $0
2014 $10,206 $502,310 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2012

    Vivian Laino

    Brokers, LLC

    (305) 794-4361

    10 Total Sales

    Vivian Laino
    Section Image

  • P

    Buyer's Agent in 2012

    Philip Spiegelman

    MMLS Assoc.-Inactive Member

See All Agents

About MEi

Map

Source: MIAMI REALTORS® MLS

MLS Number: A1615035

MIAMI REALTORS® MLS

APN: 02-3214-031-0020

Florida Miami/Dade County Miami Beach 33140 Oceanfront

5875 Collins Ave Unit 4-1&2, Miami Beach, FL

This home is located at 5875 Collins Ave Unit 4-1&2, Miami Beach, FL 33140 since 09 March 2012 and is currently estimated at $3,198,723, approximately $1,420 per square foot. This property was built in 2008. 5875 Collins Ave Unit 4-1&2 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.

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