5875 Collins Avenue, Unit 501

Miami Beach, FL 33140

$3,295,000
Price
2
Beds
2
Baths
1
1/2 Bath
1,322 Sq. Ft.
$2,492 / Sq. Ft.
1,322
Sq. Ft.
$2,492
per Sq. Ft.

Description

From breathtaking ocean views to unmatched elegance, Residence 501 at MEi Miami Beach is the perfect opportunity for sophisticated buyers seeking a quintessential seaside escape. This fully furnished, Northeast Corner 2 bed/2.5 bath home updated in 2021 and features contemporary finishes. Unwind in the stunning master suite, or entertain from your private, 4,252 square foot wraparound terrace. With its prime location and endless amenities, this stunning residence is a rare opportunity to experience...From breathtaking ocean views to unmatched elegance, Residence 501 at MEi Miami Beach is the perfect opportunity for sophisticated buyers seeking a quintessential seaside escape. This fully furnished, Northeast Corner 2 bed/2.5 bath home updated in 2021 and features contemporary finishes. Unwind in the stunning master suite, or entertain from your private, 4,252 square foot wraparound terrace. With its prime location and endless amenities, this stunning residence is a rare opportunity to experience the ultimate in oceanfront luxury. MEi is a boutique condominium of just 134 residences, offering a 5-star service environment including valet parking, beach access, state of the art pool, fitness center, tea lounge & library, spa, infrared sauna, cold-plunge pool, and much more.

Listing Agent

  1. Matthew Dugow

    Matthew Dugow

    Listing Agent

    Compass

    matt.dugow@compass.com

    P: 305.494.0033

Property Details for 5875 Collins Avenue, Unit 501

Subdivision
MEI CONDO
Complex Name
MEI CONDOMINIUM
Style
Condo 5+ Stories
Waterfront
Yes
Waterfront Description
Intracoastal Front, Ocean Front, Other Waterfront
View
Ocean View, Direct Ocean
Unit View
Ocean View, Direct Ocean
Furnished
Furnished

Location

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LISTING UPDATED: 04/18/2024 04:00 PM

Property Details for 5875 Collins Avenue, Unit 501

StatusActive
MLS #A11544184
Days on Market56
Taxes$23,377 / year
HOA Fees$2,986 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCondo/Co-Op/Villa/Townhouse / Condo
Year Built2008
CountyMiami-Dade County

Building

MEI

135 Units22 StoriesBuilt in 2008

Location

Add your commute

Virtual Tour

Building Information for 5875 Collins Avenue, Unit 501

Building/ComplexMEIFloor5Stories22Residences135Pet PolicyAllowedYear Built2008

Payment Calculator

$22,916 per month

30 year fixed, 7.25% Interest

Principal and Interest

$17,982

Property Taxes

$1,948

HOA Dues

$2,986

The Payment Calculator is for illustrative purposes only.

Property Information for 5875 Collins Avenue, Unit 501

Location Information
Location Information
  • Parcel Number Free Text: 02-32-14-031-0030
  • Parcel Number MLX: 0030
  • MLS Area: 32
  • Municipal Code: 2
  • Township Range: 32
  • Section: 14
  • Subdivision Number: 31
  • Subdivision Complex Bldg: MEI CONDOMINIUM
  • Unit Floor Location: 5
  • Total Floors In Building: 22
  • Total Num of Units In Building: 134
  • Total Num of Units In Complex: 134
  • Development Name: MEI CONDOMINIUM
General Information
Parking
  • Num Garage Spaces: 2
  • Parking Description: 2 Or More Spaces, Valet Parking
General Information
  • Housing Older Persons Act: No HOPA
  • Property Detached: No
  • Balcony Porch/Patio: Yes
  • Balcony Patio Sq Ft: 4245
  • Minimum Num of Days for Lease: 180
  • Num Times Leased Year: 2
  • Type of Governing Bodies: Homeowner Association
  • Main Living Area: Entry Level
  • Unit Design: Corner Unit, High Rise, Other
  • Water Access: Deeded Beach Access, Other
  • Construction: CBS Construction
  • Construction Type: CBS Construction
  • Flooring: Ceramic Floor, Other Floors
  • Floor Description: Ceramic Floor, Other Floors
  • Security Information: Doorman, Elevator Secure, Card Entry, Lobby Secured
Room Information
Room Information
  • Bedroom Description: Entry Level, Primary Bath Shower
  • Master Bathroom Description: Dual Sinks
  • Master Bath Features: Dual Sinks
  • Dining Description: Breakfast Area, Dining/Living Room, Snack Bar/Counter
Additional Property Information
Utilities
  • Heating Description: Central Heat, Electric Heat
  • Cooling Description: Central Cooling, Electric Cooling
Additional Property Information
  • Pets Allowed: Yes
  • Pets Allowed: Yes
  • Pet Restrictions: Restrictions Or Possible Restrictions
  • Tltl Units in Complex: 134
  • Guest Accommodations: No
  • Room Count: 0
  • Furnished: Furnished, Turn Key Furnished
  • Interior Features: First Floor Entry, Bar, Built-Ins, Cooking Island, Pantry, Walk-In Closets
  • Equipment Appliances: Dishwasher, Disposal, Dryer, Fire Alarm, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Smoke Detector, Wall Oven, Washer
  • Windows Treatment: Blinds/Shades, High Impact Windows
  • Exterior Features: Deck, High Impact Doors, Open Balcony, Open Porch, Wraparound Porch
  • Maintenance Includes: Air Conditioning Maintenance, Building Exterior, Cable Tv, Common Area, Elevator, Hot Water, Insurance, Internet/WiFi, Landscaping/Lawn Maintenance, Manager, Other Maintenance Includes, Pool Service, Security, Sewer, Trash Removal, Water
  • Amenities: Bike Storage, Cabana, Clubhouse-Clubroom, Elevator, Exercise Room, Heated Pool, Library, Other Amenities, Pool, Private Pool, Spa/Hot Tub, Trash Chute
  • Storm Protection: Clear Impact Glass
Financial Information
Financial Information
  • Type of Association: Condo
  • Assoc Fee Paid Per: Monthly
  • Flood Zone: AE
  • Tax Year: 2023
  • Tax Information: Tax Reflects City & County Tax
Rental Information
Furnished / Unfurnished
  • Additional Furnished Info: Turn Key Furnished
Rent Information
  • Approval Information: 1-2 Weeks Approval, Application Fee Required, Association Approval Required
Rent Status
  • Other Fees: $150

Property History for 5875 Collins Avenue, Unit 501

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5875 Collins Avenue, Unit 501

Taxable ValueLand-Additions-Total-
Tax Record2023$23,377 ($1,948 / month)
Home Facts
Beds2Total Finished SqFt1,322 SqFtAbove Grade Finished SqFt1,322 SqFtStyleCondominiumYear Built2008Zoning4100:MULTI-FACountyMIAMI-DADEAPN02-3214-031-0030

Schools near 5875 Collins Avenue, Unit 501

This home is within Miami-Dade.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
North Beach Elementary School
PublicPK to 5

Nautilus Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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5875 Collins Avenue, Unit 501 is a condo for sale in Miami Beach, FL 33140. This property was listed for sale on March 5, 2024 by Compass, it's currently listed at $3,295,000. It has been on the market for a total of 56 days and was last sold on December 14, 2021. This listing's school district is Miami-Dade. Nearby schools include North Beach Elementary School, Air Base K-8 Center for International Education and Nautilus Middle School. 5875 Collins Avenue, Unit 501 is a 2-bed, 2.5-bath, 1,322 sqft condo built in 2008.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.