NOT LISTED FOR SALE

MEi 5875 Collins Ave Unit 906 Miami Beach, FL 33140

Oceanfront Neighborhood

Estimated Value: $763,000 - $1,066,000

1 Bed
2 Baths
833 Sq Ft
$1,075/Sq Ft Est. Value

Last Sold February 02, 2024

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

Est. 4% decrease in value since last sale

Current estimated payment $5,714/month

About This Home

As of February 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

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
$895,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,872
Avg. Annual Appreciation
-2.83%

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:

Collateral Analytics

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ICE

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Quantarium

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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 Change Sq Ft Price
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
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
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 -- --

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 $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

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