MEi 5875 Collins Ave Unit PH6 Miami Beach, FL 33140
Oceanfront NeighborhoodEstimated Value: $1,799,000 - $2,483,000
2
Beds
2.5
Baths
1,707
Sq Ft
2008
Built
Highlights
- Valet Parking
- Ocean Front
- Fitness Center
- North Beach Elementary School Rated A-
- Private Beach Pavilion
- Penthouse
About This Home
As of February 2024Magnificent two-story Penthouse outfitted by Ornare with custom kitchen, bathrooms, built-ins, wardrobes and doors. Other fine details feature genuine marble flooring, custom ceiling and lighting and automated window shades throughout. Enjoy clearing upper floor views of the ocean, bay, golf course and intracoastal all backlit by the glittering downtown skyline in the evenings. Generous outdoor space with two terraces, this Penthouse's southern location has great natural light. Perfectly located within Miami Beach, Mei is an exclusive building with a limited number of residences and phenomenal amenities and services.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $20,910
Year Built
- Built in 2008
Parking
- 2 Car Parking Spaces
Property Views
Home Design
- Penthouse
- Split Level Home
Interior Spaces
- 1,707 Sq Ft Home
- Built-In Features
- Blinds
- Marble Flooring
Kitchen
- Built-In Oven
- Electric Range
- Microwave
Bedrooms and Bathrooms
- 2 Bedrooms
- Closet Cabinetry
- Dual Sinks
Home Security
Additional Features
- Ocean Front
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 02-32-14-031-1000
Community Details
Overview
- Property has a Home Owners Association
- Mei Condo
- Mei Condo,Mei Condo Subdivision, Penthouse Floorplan
- 22-Story Property
Amenities
- Valet Parking
- Secure Lobby
- Bike Room
Recreation
- Private Beach Pavilion
Pet Policy
- Breed Restrictions
Building Details
- Maintenance Expense $3,309
Security
- Complete Impact Glass
- High Impact Door
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 8, 2023
Closed on
Feb 9, 2024
Sold by
Nichol Doherty Family Living Trust
Bought by
Costello Robert and Petras Alexis
Seller's Agent
Ryan Mendell
Maxwell E Realty Inc
Buyer's Agent
Katarzyna Maslanka
The K Company Realty, LLC
List Price
$2,495,000
Sold Price
$2,200,000
Premium/Discount to List
-$295,000
-11.82%
Total Days on Market
317
Views
169
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$89,793
Avg. Annual Appreciation
-3.15%
Purchase Details
Listed on
Aug 17, 2018
Closed on
Mar 1, 2022
Sold by
Ricardo S Malfitano Irrevocable Trust
Bought by
Nichol Doherty Family Living Trust
Seller's Agent
Ryan Mendell
Maxwell E Realty Inc
Buyer's Agent
Monica Posada
Momentum Luxury Real Estate, LLC.
Sold Price
$2,150,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.19%
Purchase Details
Closed on
Dec 21, 2020
Sold by
Malfitano Ricardo
Bought by
Malfitano Ricardo S and Malfitano Ricardo S
Purchase Details
Closed on
Nov 2, 2020
Sold by
Malfitano Ricardo and Malfitano Adriana N
Bought by
Malfitano Ricardo
Purchase Details
Closed on
Sep 28, 2011
Sold by
Pmg Collins Llc
Bought by
Malfitano Ricardo and Malfitano Adriana N
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Similar Homes in Miami Beach, FL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Costello Robert | $2,200,000 | Clear Title | |
| Nichol Doherty Family Living Trust | $2,150,000 | Peninsula Title | |
| Malfitano Ricardo S | -- | Attorney | |
| Malfitano Ricardo | -- | Attorney | |
| Malfitano Ricardo | $1,000,000 | Attorney |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/09/2024 02/09/24 | Sold | $2,200,000 | -8.1% | $1,289 / Sq Ft |
| 01/20/2024 01/20/24 | Pending | -- | -- | -- |
| 12/04/2023 12/04/23 | Price Changed | $2,395,000 | -4.0% | $1,403 / Sq Ft |
| 09/26/2023 09/26/23 | Price Changed | $2,495,000 | 0.0% | $1,462 / Sq Ft |
| 09/26/2023 09/26/23 | For Sale | $2,495,000 | +13.4% | $1,462 / Sq Ft |
| 09/10/2023 09/10/23 | Off Market | $2,200,000 | -- | -- |
| 09/10/2023 09/10/23 | For Sale | $2,695,000 | +22.5% | $1,579 / Sq Ft |
| 06/14/2023 06/14/23 | Off Market | $2,200,000 | -- | -- |
| 03/08/2023 03/08/23 | For Sale | $2,695,000 | +25.3% | $1,579 / Sq Ft |
| 03/01/2022 03/01/22 | Sold | $2,150,000 | 0.0% | $1,290 / Sq Ft |
| 02/15/2022 02/15/22 | Pending | -- | -- | -- |
| 10/26/2021 10/26/21 | For Sale | -- | -- | -- |
| 08/31/2021 08/31/21 | Off Market | $2,150,000 | -- | -- |
| 08/31/2021 08/31/21 | For Sale | $1,995,000 | -7.2% | $1,197 / Sq Ft |
| 07/07/2021 07/07/21 | Off Market | $2,150,000 | -- | -- |
| 05/02/2021 05/02/21 | Price Changed | $1,995,000 | +14.1% | $1,197 / Sq Ft |
| 05/01/2020 05/01/20 | Price Changed | $1,749,000 | 0.0% | $1,049 / Sq Ft |
| 10/04/2018 10/04/18 | Rented | $7,450 | -5.7% | -- |
| 08/16/2018 08/16/18 | For Rent | $7,900 | 0.0% | -- |
| 08/16/2018 08/16/18 | For Sale | $1,849,000 | -- | $1,109 / Sq Ft |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
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 | $32,660 | $1,728,340 | -- | -- |
| 2023 | $32,660 | $1,728,340 | $0 | $0 |
| 2022 | $20,910 | $1,112,883 | $0 | $0 |
| 2021 | $20,661 | $1,070,080 | $0 | $0 |
| 2020 | $21,807 | $1,126,400 | $0 | $0 |
| 2019 | $21,828 | $1,126,400 | $0 | $0 |
| 2018 | $15,325 | $856,009 | $0 | $0 |
| 2017 | $15,188 | $838,403 | $0 | $0 |
| 2016 | $15,162 | $821,159 | $0 | $0 |
| 2015 | $15,356 | $815,451 | $0 | $0 |
| 2014 | $15,620 | $808,980 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan Mendell
Seller's Agent in 2024
Ryan Mendell
Maxwell E Realty Inc
(305) 804-5424
5 in this area
84 Total Sales
-
Nastasia Stierli
N
Seller Co-Listing Agent in 2024
Nastasia Stierli
Maxwell E Realty Inc
(305) 830-1000
2 in this area
5 Total Sales
-
K
Buyer's Agent in 2024
Katarzyna Maslanka
The K Company Realty, LLC
-
Monica Posada
Buyer's Agent in 2022
Monica Posada
Momentum Luxury Real Estate, LLC.
(305) 785-1688
1 in this area
40 Total Sales
-
J
Buyer's Agent in 2018
John Dolle
MMLS Assoc.-Inactive Member
About MEi
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11352013
APN: 02-3214-031-1000
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