$2,150,000
SOLD MAR 1, 2022

MEi 5875 Collins Ave Unit PH6 Miami Beach, FL 33140

Oceanfront Neighborhood
2 Beds
2.5 Baths
1,667 Sq Ft
$2,633/mo HOA Fee

Recently Sold

$1,290 Per Sq Ft

1,279 Days on Market

Highlights

  • Valet Parking
  • Ocean Front
  • Fitness Center
  • North Beach Elementary School Rated A-
  • Private Beach Pavilion
  • Penthouse

About This Home

As of February 2024

Designed by Cristina Mascarenhas of In Plus New York, this magnificent two-story penthouse sky home features a custom Kitchen, custom bathrooms, wardrobes, doors and built-in's, each provided by ORNARE. Other features include, custom ceiling and lighting work, automated shades throughout and many other fine details. Beautiful southern exposure providing ample natural sunlight with clear views of the ocean and sweeping bay and golf course vistas back-lit by the downtown Miami skyline. A

Last Agent to Sell the Property

Ryan Mendell

Maxwell E Realty Inc License #3012816 Listed on: 08/17/2018

Last Buyer's Agent

Monica Posada

Momentum Luxury Real Estate, LLC. License #3174849

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $20,934

Year Built

  • Built in 2008

Lot Details

  • Ocean Front
  • Southeast Facing Home

HOA Fees

  • $2,633 Monthly HOA Fees

Property Views

  • Golf Course

Home Design

  • Penthouse

Interior Spaces

  • 1,667 Sq Ft Home
  • Built-In Features
  • Marble Flooring

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-14-031-1000

Community Details

Overview

  • High-Rise Condominium
  • Mei Condo
  • Mei Condo Subdivision, Duplex Penthouse Floorplan
  • 22-Story Property

Amenities

  • Valet Parking
  • Trash Chute
  • Community Library
  • Elevator
  • Secure Lobby

Recreation

  • Private Beach Pavilion

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $2,779

Security

  • Impact Glass
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$20,934

Year Built

Built in 2008

Lot Details

0

HOA Fees

$2,633 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2008
  • Property Sub Type: Condominium
  • Architectural Style: High Rise, Penthouse
  • Entry Level: 21
  • Garage Yn: No
  • Horses: No
  • Inclusions: Deeded Beach Access
  • Master Model: Duplex Penthouse
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: MEI CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Other Equipment/Appliances, Electric Range, Refrigerator, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Cooking Island, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 1667
  • Possible Use: Unknown/Withheld
  • Stories: 22
  • Window Features: Impact Glass
  • Bedroom Features: Master Bedroom Upstairs
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Golf View, Intracoastal View, Direct Ocean, Skyline
  • Exterior Features: Open Balcony
  • Direction Faces: Southeast
  • Patio And Porch Features: Open Balcony
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: MEI CONDO
  • Parking Features: Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector, Lobby Secured, Other

Condo/Co-op/Association

  • Association Fee: 2633
  • Amenities: Clubhouse-Clubroom, Elevator(s), Exercise Room, Library, Other, Private Beach Pavilion, Private Pool, Sauna, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-14-031-1000
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 2779

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 20934

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
1279
Views
169
Current Estimated Value
$2,110,207

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
Source: Public Records

Similar Homes in Miami Beach, FL

  • 6799 Collins Ave Unit 804, Miami Beach, FL 33141

    $1,699,000

    • 2 Beds
    • 2 Baths
    • 1,084 Sq Ft
    • 6799 Collins Ave
    • Unit 804
    • Miami Beach, FL

    Direct Ocean 2/2. One of LARGEST TERRACES in the building, space for large dining table & more for outdoor/al fresco dining! All white Miele & Subbzero Appliances.100’s of classes per/ week, 70k+ annually in Spa/ Club Benefits. 70,000 SF Gym, Hydrotherapy, 4 Pools, 2 Pilates Studios, Michelin Star Pop up Restaurant, Juice Bar, Rock Climbing Wall, Private Beach. Text for more info.

    Shayna Hanson One Sotheby's International Re

    Section Image
  • 6801 Collins Ave Unit 1206, Miami Beach, FL 33141

    $1,699,000

    • 2 Beds
    • 2 Baths
    • 1,103 Sq Ft
    • 6801 Collins Ave
    • Unit 1206
    • Miami Beach, FL

    Expansive, amazing Ocean, Sunset and Pool Views! All white and bright, modern, Open concept floor plan. 2 BR opens for maximum views to the water, garden and more. Lots of storage. Brand new automatic blinds in all rooms. Top of the line finishes. Private entrance, lobby, valet in #1 Rated Wellness Residences.70,000 SF Gym, Hydrotherapy, 4 Pools, 2 Pilates Studios, 100's of classes weekly,

    Shayna Hanson One Sotheby's International Re

    Section Image
  • 11 Island Ave Unit 1512, Miami Beach, FL 33139

    $1,895,000

    • 2 Beds
    • 2.5 Baths
    • 1,733 Sq Ft
    • 11 Island Ave
    • Unit 1512
    • Miami Beach, FL

    This bright 2 beds and 2.5 baths corner unit has been fully remodeled and with great taste.This gem boasts an expansive living area,a designer open kitchen featuring an oversized waterfall quartz countertop,high-end integrated appliances, and a pantry.Enjoy ocean and open bay views from the east-facing terrace, blending indoor and outdoor living seamlessly. This unit offers impact windows,

    Stefania Cambarau Douglas Elliman

    Section Image
  • 9 Island Ave Unit 1806, Miami Beach, FL 33139

    $1,695,000

    • 2 Beds
    • 2 Baths
    • 1,440 Sq Ft
    • 9 Island Ave
    • Unit 1806
    • Miami Beach, FL

    Welcome to your dream residence in the sky—this beautifully appointed high-rise condo offers breathtaking, unobstructed views of Biscayne Bay and spectacular sunsets that paint the sky each evening. Situated in one of Miami Beach’s most desirable buildings, this unit combines luxury living with unbeatable convenience and lifestyle.Enjoy access to resort-style amenities including 24-hour concierge

    Angelo Cristofaro Coldwell Banker Realty

    Section Image
  • 5875 Collins Ave Unit 1908, Miami Beach, FL 33140

    $2,600,000

    • 3 Beds
    • 3.5 Baths
    • 1,742 Sq Ft
    • 5875 Collins Ave
    • Unit 1908
    • Miami Beach, FL

    Experience the ultimate in luxury living on Millionaire’s Row! Breathtaking panoramic views of the ocean, Miami skylines, Miami Beach & surrounding islands from every room! Stunning 3 Bdr/3,5 Ba residence w/ floor to ceiling windows on a high floor, rarely available SW corner w/ 1,742 sq ft under A/C and 288 sq ft wrap around balcony. High end designer finishes w/ attention to every detail.

    Natalia Cheremeta Realplicity, Inc.

    Section Image
  • 5875 Collins Ave Unit 1704, Miami Beach, FL 33140

    $2,350,000

    • 2 Beds
    • 2.5 Baths
    • 1,556 Sq Ft
    • 5875 Collins Ave
    • Unit 1704
    • Miami Beach, FL

    Beautiful 2 Bed/2.5 Bath home in Mei. This spacious floorplan offers floor-to-ceiling windows with southern exposure - from east ocean views to west views of Downtown Miami for spectacular sunsets. Two parking spaces, valet parked. Located on Millionaire’s Row, Mei is a boutique oceanfront project with landscaped infinity pool and gardens, Zen library, yoga room, lounge, state-of-the-art fitness

    Carlos Larocca Cardenas Larocca Real Estate LLC

    Section Image
  • 5875 Collins Ave Unit 1503, Miami Beach, FL 33140

    $2,000,000

    • 2 Beds
    • 2.5 Baths
    • 1,094 Sq Ft
    • 5875 Collins Ave
    • Unit 1503
    • Miami Beach, FL

    Presenting, turn-key furnished by Artefacto and move-in 2 bedrooms, 2.5 baths residences in the MEI, an excluisve boutique-style luxury building inspired by Asian design. This spacious unit of natural light and breathtaking ocean views from a large private balcony. Inside you'll find marble flooring throughout, electric blinds, custom leather door handles, and built-in closets for maximum

    Pity Betancourt BHHS EWM Realty

    Section Image
  • 5757 Collins Ave Unit 1805, Miami Beach, FL 33140

    $1,800,000

    • 3 Beds
    • 2.5 Baths
    • 1,980 Sq Ft
    • 5757 Collins Ave
    • Unit 1805
    • Miami Beach, FL

    DIRECT OCEAN VIEW !!! Rarely available, most desirable corner unit in Building with amazing unobstructed Ocean views and 1,980 SF of living space + 3 Lg Balconies perfect place to live in Miami!. Direct ocean view, spacious balcony, and the soothing sound of waves make for a relaxing experience. Three bedrooms and two and a half bathrooms provide ample space and convenience. Plus, the great

    Valeria Rodriguez SIR Realty LLC

    Section Image
  • 6103 Aqua Ave Unit 401, Miami Beach, FL 33141

    $1,799,000

    • 3 Beds
    • 3.5 Baths
    • 2,203 Sq Ft
    • 6103 Aqua Ave
    • Unit 401
    • Miami Beach, FL

    Secluded tropical oasis in the vibrant heart of Miami Beach. Miami's best-kept secret, Aqua is a private gated island nestled along Indian Creek waterway. Residents enjoy year-round resort lifestyle w/ a wealth of luxury amenities; scenic waterside boardwalk, 2 pools, gym, spa, dance studio, Pilates studio, massage rooms, steam & sauna, 24-hour security & concierge. This home offers 3 generous

    Nancy Batchelor Compass Florida, LLC.

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,200,000 Clear Title
Warranty Deed $2,150,000 Peninsula Title
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Special Warranty Deed $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

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 $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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10521967

MIAMI REALTORS® MLS

APN: 02-3214-031-1000