NOT LISTED FOR SALE

MEi 5875 Collins Ave Unit 904 Miami Beach, FL 33140

Oceanfront Neighborhood

Estimated Value: $832,377 - $1,041,000

1 Bed
1.5 Baths
778 Sq Ft
$1,616/mo HOA Fee

Last Sold August 28, 2023

Last sale price $850,000 $1,093 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,171/month

8 Days on Market

Highlights

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

About This Home

As of August 2023

Exquisite furnished 1-bedroom, 1.5-bathroom residence w/ breathtaking views of the Ocean & City awaits you at the elegant Mei Building. This boutique property offers spacious & luminous living space. Indulge in resort-like amenities, including beach & pool service, a fully-equipped gym, a rejuvenating spa, dedicated concierge, a tranquil tea room, & the convenience of valet parking. Impeccable attention to detail is evident w/ top-of-the-line appliances & finishes throughout. This unit boasts floor-to-ceiling impact windows, enhancing the stunning vistas, while white porcelain floors create a sleek & modern ambiance. Step onto the large terrace & soak in the captivating surroundings. The bathroom showcases a separate bathtub & an enclosed shower, accompanied by a TOTO intelligent toilet.

Last Agent to Sell the Property

Spencer Greenberg

LoKation License #3345724 Listed on: 07/18/2023

LoKation

Last Buyer's Agent

Alicia Ramirez

Interinvestments Realty, Inc. License #3212631

Interinvestments Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,316

Year Built

  • Built in 2008 | Remodeled

HOA Fees

  • $1,616 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

Interior Spaces

  • 778 Sq Ft Home
  • Tile Flooring

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access

Schools

  • North Beach Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Additional Features

  • Accessible Elevator Installed
  • Ocean Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-14-031-0600

Community Details

Overview

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

Amenities

  • Doorman
  • Valet Parking
  • Trash Chute
  • Bike Room
  • Community Storage Space
  • Elevator

Recreation

  • Private Beach Pavilion
  • Community Cabanas
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Secure Elevator
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,316

Year Built

Built in 2008 | Remodeled

Lot Details

0

HOA Fees

$1,616 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2008
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 9
  • 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: Newly Updated/Renovated
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Elevator, Fire Sprinklers, Walk-In Closet(s)
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 778
  • Other Equipment: Elevator
  • Possible Use: Secondary
  • Stories: 22
  • Bedroom Features: Entry Level

Exterior Features

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

Garage/Parking

  • Park Building Name: MEI
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Smoke Detector, Doorman, Elevator Secure

Condo/Co-op/Association

  • Association Fee: 1616
  • Amenities: Bike Storage, Cabana, Clubhouse-Clubroom, Elevator(s), Exercise Room, Storage, Heated Pool, Other, Private Beach Pavilion, Sauna, Spa/Hot Tub, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: North Beach
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-32-14-031-0600
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 7316

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2023
Closed on
Aug 3, 2023
Sold by
Bradman David and Bradman Claudia
Bought by
Pride Development International Llc
Seller's Agent
Spencer Greenberg
LoKation
Buyer's Agent
Alicia Ramirez
Interinvestments Realty, Inc.
List Price
$895,000
Sold Price
$850,000
Premium/Discount to List
-$45,000
-5.03%
Total Days on Market
8
Views
58
Current Estimated Value
$900,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,594
Avg. Annual Appreciation
3.34%
Original Mortgage
$600,000
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 17, 2019
Closed on
May 3, 2019
Sold by
Olga Y Engele Llc
Bought by
Brandman David and Ruiz Claudia
Seller's Agent
Romina Grinberg
Compass Florida, LLC
List Price
$559,000
Sold Price
$520,000
Premium/Discount to List
-$39,000
-6.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.87%

Purchase Details

Closed on
Feb 26, 2010
Sold by
Pmg Collins Llc
Bought by
Olga Y Engele Llc
Source: Public Records

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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
Pride Development International Llc $850,000 None Listed On Document
Brandman David $520,000 Attorney
Olga Y Engele Llc $410,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Pride Development International Llc $600,000
Previous Owner Olga Y Engele Llc $440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2023 08/28/23 Sold $850,000 -5.0% $1,093 / Sq Ft
07/27/2023 07/27/23 Pending -- -- --
07/18/2023 07/18/23 For Sale $895,000 +72.1% $1,150 / Sq Ft
04/11/2019 04/11/19 Sold $520,000 -7.0% $668 / Sq Ft
01/17/2019 01/17/19 For Sale $559,000 0.0% $719 / Sq Ft
01/05/2018 01/05/18 Rented $3,400 0.0% --
11/28/2017 11/28/17 Under Contract -- -- --
11/13/2017 11/13/17 Price Changed $3,400 -2.9% $4 / Sq Ft
10/26/2017 10/26/17 For Rent $3,500 0.0% --
01/21/2013 01/21/13 Rented $3,500 0.0% --
01/21/2013 01/21/13 For Rent $3,500 -- --
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 $9,315 $641,288 -- --
2023 $9,315 $428,283 $0 $0
2022 $7,316 $389,349 $0 $0
2021 $7,228 $374,374 $0 $0
2020 $7,965 $411,400 $0 $0
2019 $10,122 $522,342 $0 $0
2018 $9,822 $522,342 $0 $0
2017 $10,205 $510,040 $0 $0
2016 $9,183 $463,673 $0 $0
2015 $8,855 $421,521 $0 $0
2014 $8,619 $383,201 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11421504

MIAMI REALTORS® MLS

APN: 02-3214-031-0600