NOT LISTED FOR SALE

MEi 5875 Collins Ave Unit 906 Miami Beach, FL 33140

Oceanfront Neighborhood

Estimated Value: $663,000 - $1,110,000

1 Bed
1.5 Baths
833 Sq Ft
2008 Built

Last Sold February 02, 2024

Last sale price $930,000 $1,116 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $5,527/month

Highlights

  • Valet Parking
  • Ocean View
  • Property fronts an intracoastal waterway
  • North Beach Elementary School Rated A-
  • Property has ocean access
  • Fitness Center

About This Home

As of May 2024

Experience the epitome of luxury living in this exquisite oceanfront condo at MEI. Located on Miami Beach's prestigious Millionaire's Row, this boutique oceanfront building offers zen luxury living. The 833 SqFt unit boasts breathtaking sunrises over the ocean and sunsets of the downtown skyline city view from its expansive balcony. This unit is delivered turn-key fully furnished by a designer. Light, bright and airy 1 bed 1.5 bath with updated kitchen & top-of-the-line appliances. This building offers resort-style amenities including a pool, sauna, gym, spa, beach service, business center, and concierge services. Valet parking. Your zen beach living awaits you

Last Agent to Rent the Property

Alyssa Brinegar Morgan

The Inside Network License #3302039 Listed on: 04/08/2024

Last Renter's Agent

Ben N Nahmani

Miami Capstone Realty Inc License #3498362

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2008

Lot Details

  • Property fronts an intracoastal waterway

Property Views

  • Ocean
  • Intracoastal

Home Design

  • Entry on the 9th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 833 Sq Ft Home
  • Furnished
  • Blinds
  • Sliding Windows
  • Tile Flooring

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathtub

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Parking Space
  • Guest Parking

Outdoor Features

  • Outdoor Pool
  • Property has ocean access
  • Beach Access

Listing and Financial Details

  • Property Available on 5/1/24
  • 1 Year With Renewal Option,Short Term Lease Lease Term
  • Assessor Parcel Number 02-32-14-031-0910

Community Details

Overview

  • No Home Owners Association
  • Mei Condo
  • Mei Condo Subdivision
  • 22-Story Property

Amenities

  • Valet Parking
  • Full Time Lobby Attendant
  • Sauna
  • Game Room
  • Community Center
  • Elevator

Recreation

Pet Policy

  • Breed Restrictions

Security

  • Building Security
  • Resident Manager or Management On Site
  • Card or Code Access
  • High Impact Windows

Condo Details

Home Type

Condominium

Year Built

Built in 2008

Lot Details

0

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2024-05-01
  • Lease Term: 1 Year With Renewal Option,Short Term Lease

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2008
  • Property Sub Type: Condominium
  • Entry Level: 9
  • Garage Yn: No
  • Horses: No
  • Inclusions: Other, Beach,Beach Access
  • Lease Assignable: No
  • New Construction: No
  • Building Stories: 22
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: MEI CONDO
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 22

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Spa Yn: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Furnished: Furnished
  • Living Area: 833
  • Stories: 22
  • Window Features: Blinds, High Impact Windows, Sliding
  • Bedroom Features: Primary Bath Shower, Primary Bath Tub
  • Dining Room Features: Breakfast Area

Exterior Features

  • View: Intracoastal View, Ocean
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Features: Community, Other
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Front, Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: MEI CONDO
  • Parking Features: 1 Space, Guest, Valet

Utilities

  • Security: Key Card Entry, Building Security, Lobby Attended

Condo/Co-op/Association

  • Amenities: Activity Room, Community Pool, Elevator(s), Exercise Room
  • Association: No
  • Community Features: Additional Amenities, Pool, Exercise Room, Game Room, Management On Site, Sauna

Lot Info

  • Parcel Number: 02-32-14-031-0910
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 4100
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2023
Closed on
Feb 2, 2024
Sold by
Cherokee Usa Llc
Bought by
Vizzone Elizabeth
Seller's Agent
Diller de Abreu Junior
Elite International Realty Inc
Buyer's Agent
Alyssa Brinegar Morgan
The Inside Network
List Price
$950,000
Sold Price
$930,000
Premium/Discount to List
-$20,000
-2.11%
Views
60
Current Estimated Value
$867,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$62,347
Avg. Annual Appreciation
-3.48%

Purchase Details

Listed on
May 17, 2022
Closed on
Nov 1, 2022
Sold by
Mei Rg Investment Llc
Bought by
Cherokee Usa Llc
Seller's Agent
Ana C Sierra
Vision Miami RE Analytical Inv
Buyer's Agent
Luis Iglesias
Fortune Christie's International Real Estate
List Price
$810,000
Sold Price
$740,000
Premium/Discount to List
-$70,000
-8.64%
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.89%

Purchase Details

Closed on
Aug 24, 2009
Sold by
Pmg Collins Llc
Bought by
Mei Rg Investment Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vizzone Elizabeth -- None Listed On Document
Cherokee Usa Llc $740,000 --
Mei Rg Investment Llc $410,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/02/2024 05/02/24 For Rent $7,000 +3.7% --
05/01/2024 05/01/24 Rented $6,750 -3.6% --
04/29/2024 04/29/24 Under Contract -- -- --
04/09/2024 04/09/24 For Rent $7,000 0.0% --
04/09/2024 04/09/24 Off Market $7,000 -- --
04/08/2024 04/08/24 For Rent $7,000 0.0% --
02/02/2024 02/02/24 Sold $930,000 -2.1% $1,116 / Sq Ft View Prior Sale
01/03/2024 01/03/24 Pending -- -- --
12/01/2023 12/01/23 For Sale $950,000 +28.4% $1,140 / Sq Ft
10/31/2022 10/31/22 Sold $740,000 -5.1% $888 / Sq Ft View Prior Sale
07/07/2022 07/07/22 Price Changed $780,000 -3.7% $936 / Sq Ft
05/17/2022 05/17/22 For Sale $810,000 0.0% $972 / Sq Ft
02/20/2014 02/20/14 Rented $3,100 -6.1% --
01/21/2014 01/21/14 Under Contract -- -- --
01/16/2014 01/16/14 For Rent $3,300 +37.5% --
02/01/2013 02/01/13 Rented $2,400 -20.0% --
01/02/2013 01/02/13 Under Contract -- -- --
06/25/2012 06/25/12 For Rent $3,000 -- --
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 $12,418 $693,861 -- --
2024 $11,562 $660,820 -- --
2023 $11,562 $611,870 $0 $0
2022 $7,399 $393,797 $0 $0
2021 $7,311 $378,651 $0 $0
2020 $8,056 $416,100 $0 $0
2019 $9,973 $514,662 $0 $0
2018 $9,678 $514,662 $0 $0
2017 $10,316 $541,696 $0 $0
2016 $9,976 $496,562 $0 $0
2015 $8,944 $451,420 $0 $0
2014 $8,735 $429,926 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alyssa Brinegar Morgan

    Landlord's Agent in 2024

    Alyssa Brinegar Morgan

    The Inside Network

    (305) 804-2921

    5 in this area

    42 Total Sales

    Alyssa Brinegar Morgan
    Section Image
  • Diller de Abreu Junior

    Seller's Agent in 2024

    Diller de Abreu Junior

    Elite International Realty Inc

    (786) 818-0909

    1 in this area

    5 Total Sales

    Diller de Abreu Junior
    Section Image

  • B

    Tenant's Agent in 2024

    Ben N Nahmani

    Miami Capstone Realty Inc

    (516) 448-7097

    1 in this area

    6 Total Sales

    Ben N Nahmani
    Section Image
  • Ana C Sierra

    Seller's Agent in 2022

    Ana C Sierra

    Vision Miami RE Analytical Inv

    (786) 510-0241

    1 in this area

    10 Total Sales

    Ana C Sierra
    Section Image

  • L

    Buyer's Agent in 2022

    Luis Iglesias

    Fortune Christie's International Real Estate

    (305) 336-1520

    1 in this area

    7 Total Sales

    Luis Iglesias
    Section Image

  • A

    Seller's Agent in 2014

    Alejandro Bonet

    Vision Miami RE Analytical Inv

    (786) 510-0241

    1 Total Sale

    Alejandro Bonet
    Section Image
See All Agents

About MEi

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11565198

MIAMI REALTORS® MLS

APN: 02-3214-031-0910

Florida Miami/Dade County Miami Beach 33140 Oceanfront

5875 Collins Ave Unit 906, Miami Beach, FL

Not Listed for Sale

Condos

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