NOT LISTED FOR SALE

MEi 5875 Collins Ave Unit 607 Floor 6 Miami Beach, FL 33140

Oceanfront Neighborhood

Estimated Value: $1,651,747

2 Beds
2.5 Baths
1,323 Sq Ft
2008 Built

Sale Details

Date Sold: August 16, 2023

Last sale price $1,450,000 $1,096 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $14,251 / mo

25 Days on Market

Highlights

  • Valet Parking
  • Fitness Center
  • Bay View
  • Property has ocean access
  • Active Adult
  • Waterfront

About This Home

As of August 2023

LOCATION, LOCATION, LOCATION right on Millionaire's row one of the most beautiful beach areas in town. This modern building just finished an extensive multi million dollar renovation. That included most of the common areas, done by professional designers that created a modern and luxurious spaces. This corner unit offers Ocean and city views from a massive "L" shaped balcony ideal for daytime or nighttime gatherings.

Last Agent to Sell the Property

Luis Garino

Cervera Real Estate Inc. License #3235654 Listed on: 06/19/2023

Co-Listed By

Marioly Saldana

Cervera Real Estate Inc. License #3186630

Last Buyer's Agent

Sandra Osorio

Compass Florida, LLC License #3106942

Compass Florida, LLC
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,222

Year Built

  • Built in 2008

Lot Details

  • Waterfront
  • West Facing Home
  • Security Fence

HOA Fees

  • $2,654 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Entry on the 6th floor

Interior Spaces

  • 1,323 Sq Ft Home
  • Furnished
  • Sliding Windows
  • Casement Windows
  • Entrance Foyer
  • Combination Dining and Living Room
  • Marble Flooring
  • Dryer

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet

Home Security

Outdoor Features

  • Property has ocean access
  • Open Patio
  • Outdoor Living Area

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0232140311020

Community Details

Overview

  • Active Adult
  • Association fees include common areas, maintenance structure, security
  • Mei Condo Subdivision
  • Maintained Community
  • 22-Story Property

Amenities

  • Valet Parking
  • Elevator

Recreation

  • Community Spa

Pet Policy

  • No Pets Allowed

Security

  • Security Guard
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,222

Year Built

Built in 2008

Lot Details

0 Sq Ft Lot

HOA Fees

$2,654 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 2008
  • MLS Status: Closed
  • Standard Status: Closed
  • Entry Level: 6
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bedroom on Main Level, Entrance Foyer, Living/Dining Room, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Marble
  • Living Area: 1323.0
  • Stories: 22
  • Window Features: Casement Window(s), Sliding

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area
  • View: Bay
  • Pool Features: Association
  • View: Yes
  • Waterfront Features: Ocean Access, Other
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: West
  • Patio And Porch Features: Open, Balcony
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Valet

Utilities

  • Security: Smoke Detector(s), Security Fence, Security Guard
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 2654.0
  • Pets Allowed: No
  • Senior Community: Yes
  • Amenities: Elevator(s), Fitness Center, Maintenance Grounds, Other, Pool, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No, Pet Restrictions
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Structure, Security

Lot Info

  • Parcel #: 0232140311020
  • Mobile Dim Units: Feet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 14222.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2023
Closed on
Aug 11, 2023
Sold by
Calulu Mei Usa Llc
Bought by
Seller's Agent
Luis Garino
Cervera Real Estate Inc.
Buyer's Agent
Sandra Osorio
Compass Florida, LLC
List Price
$1,700,000
Sold Price
$1,450,000
Premium/Discount to List
-$250,000
-14.71%
Current Estimated Value
$1,651,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,747
Avg. Annual Appreciation
4.32%

Purchase Details

Closed on
Aug 15, 2014
Sold by
Cova Ingrid Hernandez and Hernandez Cova Mario Alberto
Bought by
Calulu Mei Usa Llc

Purchase Details

Closed on
Jul 17, 2008
Sold by
Pmg Collins Llc
Bought by
Cova Ingrid Hernandez and Cova Mario Alberto Hernandez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$759,500
Interest Rate
6.03%
Mortgage Type
Unknown
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,450,000 None Listed On Document
Calulu Mei Usa Llc $85,000 Attorney
Cova Ingrid Hernandez $1,085,000 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $759,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/16/2023 08/16/23 Sold $1,450,000 -14.7% $1,096 / Sq Ft
07/14/2023 07/14/23 Pending -- -- --
06/19/2023 06/19/23 For Sale $1,700,000 0.0% $1,285 / Sq Ft
01/19/2021 01/19/21 Under Contract -- -- --
01/01/2021 01/01/21 Rented $4,500 -7.2% --
08/19/2020 08/19/20 For Rent $4,850 +3.2% --
11/14/2019 11/14/19 Rented $4,700 -3.1% --
10/28/2019 10/28/19 Under Contract -- -- --
08/07/2019 08/07/19 For Rent $4,850 +7.8% --
09/22/2018 09/22/18 Rented $4,500 -5.3% --
09/07/2018 09/07/18 Under Contract -- -- --
07/06/2018 07/06/18 Price Changed $4,750 -13.6% $4 / Sq Ft
04/27/2018 04/27/18 For Rent $5,500 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $26,416 $1,355,750
2024 $19,506 $1,232,500
2023 $19,506 $848,369 $0 $0
2022 $14,815 $771,245 $0 $0
2021 $13,538 $701,132 $0 $0
2020 $14,754 $762,100 $0 $0
2019 $16,738 $903,690 $0 $0
2018 $15,448 $821,500 $0 $0
2017 $14,900 $782,420 $0 $0
2016 $17,270 $889,113 $0 $0
2015 $17,615 $889,113 $0 $0
2014 $13,526 $573,617 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: A11405829

BeachesMLS (Greater Fort Lauderdale)

APN: 02-3214-031-1020

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