$2,520,000 - $4,106,000
RENTED JAN 15, 2025

MEi 5875 Collins Ave Unit 1102 Miami Beach, FL 33140

Oceanfront Neighborhood
3 Beds
3.5 Baths
1,725 Sq Ft
2008 Built

Last Sold April 11, 2014

Last sale price $2,575,000 $1,493 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $21,184/month

Highlights

  • Valet Parking
  • Ocean Front
  • Building Security
  • North Beach Elementary School Rated A-
  • Fitness Center
  • In Ground Pool

About This Home

As of January 2025

Renovated 3 bed, 3.5 bath corner unit at The MEI, Asian influenced boutique style, luxury building on Miami Beach’s Millionaire’s Row. Unit offers floor-to-ceiling glass, a flow through floor plan, and sleek, white interior, and newly installed wide plank Italian wood floors. The sought after ’02 line is a private corner residence with Miami most sought after views showcasing direct ocean and downtown Miami skyline views from its oversized 800 SF wrap-around terrace, perfect for watching sunrises and sunsets. Building provides sophistication, tranquility, and a modern feel. Amenities include spa, gym, swimming pool, yoga room, Zen library, full beach service, valet, and concierge.
No pets allowed per owner/building.

Last Agent to Rent the Property

Alyssa Brinegar Morgan

The Inside Network License #3302039 Listed on: 10/23/2023

Last Renter's Agent

Tara Elias Schuchts

Douglas Elliman License #0594955

Douglas Elliman

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $41,031

Year Built

  • Built in 2008

Lot Details

  • Ocean Front
  • East Facing Home

Parking

  • 2 Car Garage
  • Secure Parking

Property Views

Interior Spaces

  • 1,725 Sq Ft Home
  • Built-In Features
  • Blinds
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • In Ground Pool
  • Property has ocean access

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 11/15/23
  • Assessor Parcel Number 02-32-14-031-0280

Community Details

Overview

  • No Home Owners Association
  • High-Rise Condominium
  • Mei Condo
  • Mei Condo Subdivision

Amenities

  • Valet Parking
  • Full Time Lobby Attendant
  • Community Center
  • Elevator

Recreation

  • Community Spa

Pet Policy

  • No Pets Allowed

Security

  • Building Security
  • Card or Code Access
  • High Impact Windows

Condo Details

Home Type

Condominium

Est. Annual Taxes

$41,031

Year Built

Built in 2008

Lot Details

0

Parking

2

Rental Info

  • Pets Allowed: No
  • Available Date: 2023-11-15

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2008
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 11
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: MEI CONDO
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Cooking Island
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 1725
  • Window Features: Blinds, High Impact Windows
  • Dining Room Features: Dining/Living Room

Exterior Features

  • View: Bay, Intracoastal View, Direct Ocean
  • Exterior Features: Open Balcony
  • Direction Faces: East
  • Patio And Porch Features: Open Balcony
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Key Card Entry, Building Security, Lobby Attended, Key/Card Entry Parking

Condo/Co-op/Association

  • Amenities: Activity Room, Community Pool, Elevator(s), Exercise Room, Sauna, Spa/Hot Tub
  • Association: No

Lot Info

  • Parcel Number: 02-32-14-031-0280
  • Land Lease Amount Frequency: Monthly
  • Zoning: 4100
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2013
Closed on
Apr 9, 2014
Sold by
Alexander E Rodriguez Trs
Bought by
Clouds 1101 Inc
Seller's Agent
Arlene Dunand
Coldwell Banker Realty
Buyer's Agent
Pablo Buttice
GZI Real Estate Sales & Market
List Price
$3,200,000
Sold Price
$2,575,000
Premium/Discount to List
-$625,000
-19.53%
Current Estimated Value
$3,216,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$641,685
Avg. Annual Appreciation
1.99%
Original Mortgage
$1,237,500
Outstanding Balance
$947,254
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,269,431

Purchase Details

Closed on
Aug 29, 2013
Sold by
5875 Collins #1102 Llc
Bought by
Alexander E Rodriguez Trs

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 27, 2013
Sold by
5875 Collins #1102 Llc
Bought by
Rodriguez Alexander E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 10, 2013
Sold by
Cantu Ernesto Torres and Martinez Cardenas Rocio
Bought by
5875 Collins #1102 Llc

Purchase Details

Closed on
May 4, 2009
Sold by
Pmg Collins Llc
Bought by
Cantu Ernesto Torres and Martinez Cardenas Rocio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
4.86%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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Average Value
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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
Clouds 1101 Inc -- --
Alexander E Rodriguez Trs $100 --
Rodriguez Alexander E -- Attorney
5875 Collins #1102 Llc $2,100,000 Attorney
Cantu Ernesto Torres $1,170,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cloud 1101 Inc $1,237,500
Previous Owner Rodriguez Alexander E $1,200,000
Previous Owner Cantu Ernesto Torres $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2025 01/15/25 Rented $18,000 0.0% --
01/06/2025 01/06/25 Under Contract -- -- --
05/20/2024 05/20/24 Price Changed $18,000 -10.0% $10 / Sq Ft
04/10/2024 04/10/24 Price Changed $20,000 -9.1% $12 / Sq Ft
10/25/2023 10/25/23 For Rent $22,000 -12.0% --
12/07/2021 12/07/21 Rented -- -- --
10/13/2021 10/13/21 For Rent $25,000 +163.2% --
12/07/2020 12/07/20 Rented $9,500 0.0% --
10/26/2020 10/26/20 For Rent $9,500 +18.8% --
10/31/2019 10/31/19 Rented $8,000 -5.9% --
07/17/2019 07/17/19 For Rent $8,500 0.0% --
06/19/2018 06/19/18 Rented $8,500 -10.5% --
06/19/2018 06/19/18 For Rent $9,500 0.0% --
04/11/2014 04/11/14 Sold $2,575,000 -13.9% $1,493 / Sq Ft
01/07/2014 01/07/14 Price Changed $2,990,000 -6.6% $1,733 / Sq Ft
11/11/2013 11/11/13 For Sale $3,200,000 -- $1,855 / 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
2025 $41,031 $2,041,872 -- --
2024 $37,875 $1,856,248 -- --
2023 $37,875 $1,687,499 $0 $0
2022 $29,468 $1,534,090 $0 $0
2021 $26,928 $1,394,628 $0 $0
2020 $29,347 $1,515,900 $0 $0
2019 $30,921 $1,595,647 $0 $0
2018 $37,507 $1,994,611 $0 $0
2017 $39,983 $2,099,620 $0 $0
2016 $40,784 $2,099,620 $0 $0
2015 $41,598 $2,099,620 $0 $0
2014 $29,419 $1,447,976 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alyssa Brinegar Morgan

    Landlord's Agent in 2025

    Alyssa Brinegar Morgan

    The Inside Network

    (305) 804-2921

    5 in this area

    40 Total Sales

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  • T

    Tenant's Agent in 2025

    Tara Elias Schuchts

    Douglas Elliman

    (305) 695-6300

    3 in this area

    7 Total Sales

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  • Ileana De La Torre

    Buyer's Agent in 2020

    Ileana De La Torre

    Fort Realty, LLC

    (305) 458-7191

    1 in this area

    8 Total Sales

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  • Jill Eber

    Seller Co-Listing Agent in 2019

    Jill Eber

    Coldwell Banker Realty

    (305) 915-2556

    10 in this area

    145 Total Sales

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  • Sorah Daiha

    Buyer's Agent in 2019

    Sorah Daiha

    Douglas Elliman

    (786) 417-0114

    14 Total Sales

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  • Carolina Rainer

    Seller's Agent in 2018

    Carolina Rainer

    The Rainer Group, LLC.

    (305) 305-6776

    1 in this area

    6 Total Sales

    Section Image
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About MEi

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11474742

MIAMI REALTORS® MLS

APN: 02-3214-031-0280

Florida Miami/Dade County Miami Beach 33140 Oceanfront

5875 Collins Ave Unit 1102, Miami Beach, FL

This home is located at 5875 Collins Ave Unit 1102, Miami Beach, FL 33140 since 23 October 2023 and is currently priced at $3,216,685. This property was built in 2008. 5875 Collins Ave Unit 1102 is a home located in Miami-Dade County with nearby schools including North Beach Elementary School, Nautilus Middle School, and Miami Beach Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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