NOT LISTED FOR SALE

MEi 5875 Collins Ave Unit 806 Miami Beach, FL 33140

Oceanfront Neighborhood

Estimated Value: $948,688 - $1,017,000

1 Bed
1.5 Baths
833 Sq Ft
$1,523/mo HOA Fee

Last Sold May 13, 2023

Last sale price $825,000 $990 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $7,893/month

152 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Fitness Center
  • North Beach Elementary School Rated A-
  • Bar or Lounge
  • Intercom to Front Desk

About This Home

As of May 2023

Beautiful one bedroom unit in Mei. Floor-to-ceiling windows with southern exposure offering ocean views, and western view of Downtown Miami for spectacular sunsets. Located on Millionaire’s Row in Miami Beach, this Zen-influenced oceanfront luxury project offers landscaped infinity pool and gardens, beach and pool service, Zen library, yoga room, lounge, state-of-the-art fitness center, 24-hour attended lobby, and valet parking for all residents.

Last Agent to Sell the Property

Carlos Larocca

Cardenas Larocca Real Estate LLC License #3307948 Listed on: 11/29/2022

Last Buyer's Agent

Sheila Bokstein

Fortune Christie's International Real Estate License #3069635

Fortune Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,062

Year Built

  • Built in 2008

HOA Fees

  • $1,523 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Secured Garage or Parking

Property Views

Interior Spaces

  • 833 Sq Ft Home
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Video Cameras

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Ocean Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-14-031-0900

Community Details

Overview

  • High-Rise Condominium
  • Mei Condos
  • Mei Condo Subdivision
  • 22-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Bar or Lounge
  • Intercom to Front Desk
  • Secure Lobby

Recreation

Pet Policy

  • Pets Allowed

Security

  • Security Guard
  • Secure Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,062

Year Built

Built in 2008

Lot Details

0

HOA Fees

$1,523 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2008
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 8
  • 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, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 833
  • Possible Use: Primary
  • Stories: 22
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Intracoastal View, Ocean View
  • Exterior Features: Open Balcony
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Mei
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector, Doorman, Elevator Secure, Fire Alarm, Secured Garage/Parking, Guard At Site, Intercom In Lobby, Lobby Secured, TV Camera

Condo/Co-op/Association

  • Association Fee: 1523
  • Amenities: Bar, Elevator(s), Exercise Room
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo, Homeowners

Lot Info

  • Parcel Number: 02-32-14-031-0900
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7062

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2022
Closed on
May 15, 2023
Sold by
Yge Investments Llc
Bought by
Cala Ismael M and Torres Bruno
Seller's Agent
Carlos Larocca
Cardenas Larocca Real Estate LLC
Buyer's Agent
Sheila Bokstein
Fortune Christie's International Real Estate
List Price
$825,000
Sold Price
$825,000
Views
60
Current Estimated Value
$967,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,672
Avg. Annual Appreciation
7.52%
Original Mortgage
$660,000
Outstanding Balance
$642,676
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$324,996

Purchase Details

Listed on
Jan 9, 2017
Closed on
Feb 24, 2017
Sold by
Toro Founders Llc
Bought by
Yge Investments Llc
Seller's Agent
Ofir Agay
DCH Real Estate
Buyer's Agent
Carlos Rojas
Miami Riches
List Price
$700,000
Sold Price
$625,000
Premium/Discount to List
-$75,000
-10.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.58%

Purchase Details

Listed on
Jul 8, 2014
Closed on
Jun 3, 2015
Sold by
Florentin Eduardo
Bought by
Toro Founders Llc
Seller's Agent
Carlos Marco
Best Real Estate Plus
Buyer's Agent
Lourdes Garcia
MMLS Assoc.-Inactive Member
List Price
$715,000
Sold Price
$630,000
Premium/Discount to List
-$85,000
-11.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.46%

Purchase Details

Closed on
Dec 19, 2008
Sold by
Pmg Collins Llc
Bought by
Florentin Eduardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,200
Interest Rate
6.1%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Cala Ismael M $825,000 Security Title
Yge Investments Llc -- Clear Title Services Inc
Ghosn Mark -- Clear Title Services Inc
Ghosn Mark $625,000 Clear Title Services Inc
Toro Founders Llc $630,000 Attorney
Florentin Eduardo $595,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cala Ismael M $660,000
Previous Owner Toro Founders Llc $350,000
Previous Owner Florentin Eduardo $326,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2023 05/13/23 Sold $825,000 -2.9% $990 / Sq Ft
05/01/2023 05/01/23 Pending -- -- --
02/09/2023 02/09/23 Price Changed $850,000 +3.0% $1,020 / Sq Ft
11/29/2022 11/29/22 For Sale $825,000 0.0% $990 / Sq Ft
12/21/2018 12/21/18 Rented $2,750 -5.2% --
12/19/2018 12/19/18 Under Contract -- -- --
10/23/2018 10/23/18 Price Changed $2,900 -3.3% $3 / Sq Ft
08/21/2018 08/21/18 Price Changed $3,000 -6.3% $4 / Sq Ft
07/23/2018 07/23/18 Price Changed $3,200 -8.6% $4 / Sq Ft
05/14/2018 05/14/18 Price Changed $3,500 -7.9% $4 / Sq Ft
05/03/2018 05/03/18 For Rent $3,800 0.0% --
03/02/2017 03/02/17 Sold $625,000 -10.7% $750 / Sq Ft
02/23/2017 02/23/17 Pending -- -- --
01/09/2017 01/09/17 For Sale $700,000 +11.1% $840 / Sq Ft
06/08/2015 06/08/15 Sold $630,000 -9.9% $756 / Sq Ft
05/12/2015 05/12/15 Pending -- -- --
07/08/2014 07/08/14 Price Changed $699,000 -2.2% $839 / Sq Ft
07/08/2014 07/08/14 For Sale $715,000 0.0% $858 / Sq Ft
09/01/2012 09/01/12 Rented $2,500 -13.8% --
08/02/2012 08/02/12 Under Contract -- -- --
06/18/2012 06/18/12 For Rent $2,900 -- --
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 $12,295 $686,989 -- --
2024 $9,312 $654,275 -- --
2023 $9,312 $430,678 $0 $0
2022 $7,357 $391,526 $0 $0
2021 $7,269 $376,467 $0 $0
2020 $8,009 $413,700 $0 $0
2019 $9,915 $511,647 $0 $0
2018 $9,621 $511,647 $0 $0
2017 $10,255 $538,522 $0 $0
2016 $10,460 $538,522 $0 $0
2015 $8,891 $448,775 $0 $0
2014 -- $427,407 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carlos Larocca

    Seller's Agent in 2023

    Carlos Larocca

    Cardenas Larocca Real Estate LLC

    (305) 562-0631

    1 in this area

    16 Total Sales

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  • S

    Buyer's Agent in 2023

    Sheila Bokstein

    Fortune Christie's International Real Estate

    (786) 489-1414

    1 in this area

    36 Total Sales

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  • C

    Seller's Agent in 2018

    Carlos Rojas

    Miami Riches

    (352) 262-9109

    1 in this area

    58 Total Sales

    Section Image

  • I

    Buyer's Agent in 2018

    Ivan Ramirez Seijas

    The Brokerage A Real Estate Company

    (786) 325-8343

    4 Total Sales

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  • O

    Seller's Agent in 2017

    Ofir Agay

    DCH Real Estate

    Section Image
  • Carlos Marco

    Seller's Agent in 2015

    Carlos Marco

    Best Real Estate Plus

    (786) 282-4300

    5 in this area

    36 Total Sales

    Section Image
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About MEi

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11307255

MIAMI REALTORS® MLS

APN: 02-3214-031-0900

Florida Miami/Dade County Miami Beach 33140 Oceanfront

5875 Collins Ave Unit 806, Miami Beach, FL

This home is located at 5875 Collins Ave Unit 806, Miami Beach, FL 33140 since 29 November 2022 and is currently estimated at $967,672, approximately $1,161 per square foot. This property was built in 2008. 5875 Collins Ave Unit 806 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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