$1,184,000 - $1,547,000
RENTED NOV 5, 2024

MEi 5875 Collins Ave Unit 605 Miami Beach, FL 33140

Oceanfront Neighborhood
2 Beds
3 Baths
1,097 Sq Ft
$1,210 Price per Sq Ft

Last Sold October 17, 2022

Last sale price $1,250,000 $1,139 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $9,022/month

About This Home

As of October 2022

MEI is considered one of the most elegant condominium in Miami Beach on Collins Ave. 22 Stories and just 135 units. Situated on Collins and 58th this 2 Beds/2,5 Baths with Ocean and City views comes furnished and available for annual and Seasonal Leases. This building has amenities like swimming pool, beach club, clubhouse, business center, concierge services and an incredible lobby with TEA lounge and ZEN library. One parking garage and vallet. Email or Text for showings.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2022
Closed on
Oct 11, 2022
Sold by
Mei 605 Llc
Bought by
Barbagallo Gabriella
Seller's Agent
Miriam Poggio
One Sotheby's International Re
Buyer's Agent
vittoria ruzzi
Celis Realty Group
List Price
$1,350,000
Sold Price
$1,250,000
Premium/Discount to List
-$100,000
-7.41%
Views
7
Current Estimated Value
$1,327,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,634
Avg. Annual Appreciation
2.33%

Purchase Details

Closed on
Feb 12, 2020
Sold by
Ramirz Orlando and Vespa Veronica
Bought by
Mei 605 Llc

Purchase Details

Closed on
Aug 5, 2009
Sold by
Pmg Collins Llc
Bought by
Ramirez G Orlando and Veronica Vespa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.87%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
Barbagallo Gabriella $1,250,000 Florida Luxury Title
Mei 605 Llc $50,000 Attorney
Ramirez G Orlando $650,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramirez G Orlando $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2024 11/05/24 Rented $9,000 -2.2% --
10/06/2024 10/06/24 Price Changed $9,200 -1.1% $8 / Sq Ft
10/06/2024 10/06/24 Price Changed $9,300 -2.1% $8 / Sq Ft
07/16/2024 07/16/24 For Rent $9,500 0.0% --
10/17/2022 10/17/22 Sold $1,250,000 -7.4% $1,139 / Sq Ft
09/12/2022 09/12/22 Pending -- -- --
04/20/2022 04/20/22 For Sale $1,350,000 0.0% $1,231 / Sq Ft
10/01/2021 10/01/21 Rented -- -- --
08/16/2021 08/16/21 For Rent $6,500 +62.5% --
12/15/2020 12/15/20 Rented $4,000 -18.4% --
11/17/2020 11/17/20 Under Contract -- -- --
10/29/2020 10/29/20 For Rent $4,900 +16.7% --
08/25/2017 08/25/17 Rented $4,200 -8.7% --
07/07/2017 07/07/17 Under Contract -- -- --
01/16/2017 01/16/17 For Rent $4,600 0.0% --
11/29/2016 11/29/16 Off Market $4,600 -- --
09/07/2016 09/07/16 Price Changed $4,600 -3.8% $4 / Sq Ft
06/02/2016 06/02/16 For Rent $4,780 +6.2% --
04/10/2015 04/10/15 Rented $4,500 -- --
03/30/2015 03/30/15 Under Contract -- -- --

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 $18,833 $1,026,550 -- --
2023 $18,833 $996,650 $0 $0
2022 $11,711 $591,261 $0 $0
2021 $10,378 $537,510 $0 $0
2020 $12,690 $655,500 $0 $0
2019 $16,132 $832,465 $0 $0
2018 $15,654 $832,465 $0 $0
2017 $16,527 $862,975 $0 $0
2016 $15,874 $784,523 $0 $0
2015 $15,019 $713,203 $0 $0
2014 $13,173 $648,367 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • vittoria ruzzi

    Seller's Agent in 2024

    vittoria ruzzi

    Celis Realty Group

    (786) 484-9443

    1 in this area

    14 Total Sales

    vittoria ruzzi
    Section Image
  • Jason Sims

    Buyer's Agent in 2024

    Jason Sims

    Serhant

    (305) 695-6300

    1 in this area

    11 Total Sales

    Jason Sims
    Section Image
  • Miriam Poggio

    Seller's Agent in 2022

    Miriam Poggio

    One Sotheby's International Re

    (786) 356-2610

    7 in this area

    45 Total Sales

    Miriam Poggio
    Section Image

  • B

    Seller Co-Listing Agent in 2022

    Bautista Carugati

    One Sotheby's International Re

    (305) 333-3016

    6 in this area

    34 Total Sales

    Bautista Carugati
    Section Image
  • Anna Sherrill

    Buyer's Agent in 2021

    Anna Sherrill

    One Sotheby's International Re

    (786) 853-8484

    4 in this area

    87 Total Sales

    Anna Sherrill
    Section Image

  • D

    Buyer's Agent in 2020

    Dennis Katsoulis

    Building Blocks Today, Inc.

    (305) 744-2242

    14 Total Sales

    Dennis Katsoulis
    Section Image
See All Agents

About MEi

Map

Florida Miami/Dade County Miami Beach 33140 Oceanfront

5875 Collins Ave Unit 605, Miami Beach, FL

This home is located at 5875 Collins Ave Unit 605, Miami Beach, FL 33140 and is currently estimated at $1,327,634, approximately $1,210 per square foot. 5875 Collins Ave Unit 605 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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