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5875 Collins Ave # 1003, Miami Beach FL 33140

Condo/Co-op For Sale
$1,529,000

BTC: 23.82005437

ETH: 867.30121275

176 days
Waterfront
2 bds
2 ba
1,094 sqft

Overview

2nd lowest priced unit in the building — please reference Unit #1603 as a direct comp. Seller is firm on price. Tenant-occupied through February 15th, 2027 at $9,000/month. Showings require 48-hour notice due to tenant occupancy. This 10th-floor oceanfront residence offers panoramic views of the ocean, city, and Bath Club building, positioned in one of Miami Beach’s most desirable locations. The home features state-of-the-art appliances, wine cooler, espresso machine, and refined finishes throughout. MEI is a quiet, boutique oceanfront building offering privacy, direct beach access, and a true resort-style lifestyle. Amenities include a serene pool, spa, wellness and fitness spaces, along with 24-hour concierge, valet, and security.

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / Additional Spaces Available / Valet
Year Built:
2008
Lot:
No Data
Heating:
Central
Price/sqft:
$1,398
Cooling:
Central Air
HOA:
$2,496

Valuation

Our model vs. what's actually selling nearby.
Estimate
$799,000
$395K – $1.9M
Confidence Low
List vs. estimate
$730K above estimate
List $1,529,000 · +91.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,397
+136.6% vs. city median $590
Based on
271 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $717K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$16,786
2024
HOA
$2,496/mo
View
Ocean View, Direct Ocean
Waterfront
Ocean Access, Ocean Front
Garage
2 car garage
Pets
Restrictions Or Possible Restrictions
All facts and features
  • Flooring

    • Marble

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Electric Water Heater

    • Ice Maker

    • Microwave

    • Other Equipment/Appliances

    • Washer

    Other interior features

    • Lobby

    • First Floor Entry

    • Built-in Features

    • Closet Cabinetry

    • Custom Mirrors

    • Elevator

    • Split Bedroom

    • Florida Room

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Bathrooms: 1

    • Full bathrooms: 2

  • Parking

    • 2 Or More Spaces

    • Additional Spaces Available

    • Valet

    Property

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 02-32-14-031-0440

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $2,496

    • HOA Frequency: Monthly

    • Annual tax amount: $16,786

  • Source details

    • MLS ID: A11935904

    Other facts

    • Construction Materials: CBS Construction

    • Patio And Porch Features: Open Balcony

    • Window Features: Blinds / High Impact Windows / Sliding

    • Waterfront: Yes

    • Garage Spaces: 2

    • Garage: Yes

    • Living Area: 1094

    • Subdivision Name: MEI CONDO

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Coldwell Banker Realty