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5875 Collins Ave Unit 501

Miami Beach, FL 33140

2 beds
3 baths
1,322 sqft
$1,962 per sqft
2008 build
– on site

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 courtesy of MLSM / Compass Florida, LLC.

Last checked: Checking… • Last updated Oct 31, 2024 •

MLS# A11544184 —

The Building

Year Built:

2008
Year Built Details:

Newly Updated/Renovated
Construction Materials:

Block
Architectural Style:

HighRise, Other
Stories Total:

22
Entry Location:

5
Entry Level:

5
Exterior Features:

Balcony, Deck, SecurityHighImpactDoors, Porch
Window Features:

Blinds, ImpactGlass
Patio And Porch Features:

Balcony, Deck, Open, Porch, WrapAround
Security Features:

DoorMan, ElevatorSecured, KeyCardEntry, LobbySecured, SmokeDetectors
Unit Number:

501
Building Area Total:

5567.0

Interior

Interior Features:

BreakfastBar, BuiltInFeatures, BedroomOnMainLevel, BreakfastArea, DualSinks, FirstFloorEntry, KitchenIsland, LivingDiningRoom, MainLivingAreaEntryLevel, Pantry, Bar, WalkInClosets
Furnished:

Furnished
Flooring:

CeramicTile, Other

Room Dimensions

Living Area:

1322.0

The Property

View:

true
View:

Ocean
Parcel Number:

02 32 14 031 0030
Property Type:

Residential
Property Subtype:

Condominium
Property Subtype Additional:

Condominium
Lot Size Units:

SquareFeet
Waterfront:

true
Waterfront Features:

IntracoastalAccess, OceanFront, Other
Property Attached:

true

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

$23,377
Tax Legal Description:

MEI CONDO UNIT 501 UNDIV 0.764556350% INT IN COMMON ELEMENTS OFF REC 26354-2290

Beds

Bedrooms Total:

2

Baths

Total Baths:

3
Full Baths:

2
Half Baths:

1

The Listing

Virtual Tour Unbranded:

Virtual Tour

Heating & Cooling

Heating:

Central, Electric
Heating:

true
Cooling:

CentralAir, Electric
Cooling:

true

Appliances

Appliances:

BuiltInOven, Dryer, Dishwasher, ElectricRange, Disposal, Microwave, Refrigerator, SelfCleaningOven, Washer

The Community

Subdivision Name:

Mei Condo
Senior Community:

false
Association Amenities:

BikeStorage, Cabana, Clubhouse, FitnessCenter, Library, Other, Pool, SpaHotTub, Trash, Elevators
Pool Features:

Association, Heated
Pets Allowed:

Conditional,Yes
Association Fee:

$2,986
Association Fee Frequency:

Monthly
Association Fee Includes:

AssociationManagement, CommonAreas, CableTv, Hvac, HotWater, Insurance, Internet, MaintenanceGrounds, MaintenanceStructure, Other, Pools, Sewer, Security, Trash, Water
# of Units In Community:

134

Parking

Parking Features:

TwoOrMoreSpaces, Valet
Garage:

true
Garage Spaces:

2.0
Covered Spaces:

2.0

Monthly cost estimate

Asking price

$2,595,000

Expense	Monthly cost
Mortgage	$13,895
Taxes	$1,948
Insurance	$713
HOA fees	$2,986
Utilities	$132 See report
Total	$19,674/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
10/31/24 Oct 31, 2024	Price Changed	MLSM	$2,595,000	-12.0%
6/10/24 Jun 10, 2024	Price Changed	MLSM	$2,950,000	-10.5%
4/16/24 Apr 16, 2024	Price Changed	MLSM	$3,295,000	-10.8%

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This condo located in Mid Beach, Miami Beach, FL 33140 is currently for sale for $2,595,000. 5875 Collins Ave Unit 501 is a 1,322 square foot condo with 2 beds and 3 baths that has been on Estately for 241 days. 5875 Collins Ave Unit 501 is in the Mid Beach neighborhood of Miami Beach and has a WalkScore® of 64, making it somewhat walkable. This condo is in the attendance area of North Beach Elementary School, Nautilus Middle School, Air Base Elementary School, Robert Morgan Educational Center And Technical College, and Miami Beach Senior High School.

Listing Courtesy of: MLSM and Compass Florida, LLC..

Based on information from the MLS MIAMI 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. MLSM, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. MLSM and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.