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5875 Collins Ave # 502, Miami Beach FL 33140

Condo/Co-op For Sale
$3,000,000

BTC: 37.73584906

ETH: 1,273.50140722

-$600K (2026/10/21)
263 days
Waterfront
3 bds
3 ba
1,725 sqft

Overview

Southeast Corner 3 Bedroom 3.5 Bath Oceanfront Residence with a spacious 3,000 sq ft+ terrace on the Ocean. The Mei offers resort style amenities, beach, pool, concierge, state of the art gym, valet and tea room. Located on Collins Avenue close to shopping, entertainment, restaurants and all that Miami Beach has to offer.

Location

Details

Type:
Residential
Parking:
Guest / Valet / No Rv/Boats
Year Built:
2008
Lot:
No Data
Heating:
Electric
Price/sqft:
$1,739
Cooling:
Central Air / Electric
HOA:
$4,267

Valuation

Our model vs. what's actually selling nearby.
Estimate
$3,350,000
$776K – $4.1M
Confidence Low
List vs. estimate
$350K below estimate
List $3,000,000 · -10.4%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$1,739
+194.6% vs. city median $590
Based on
8 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $655K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$50,621
2025
HOA
$4,267/mo
View
Ocean View, Direct Ocean
Waterfront
Ocean Access, Ocean Front
Pets
Restrictions Or Possible Restrictions
All facts and features
  • Flooring

    • Other

    Heating

    • Electric

    Cooling

    • Central Air

    • Electric

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Range

    • Microwave

    • Other Equipment/Appliances

    • Refrigerator

    • Self Cleaning Oven

    • Wall Oven

    • Washer

    Other interior features

    • Lobby

    • Built-in Features

    • Closet Cabinetry

    • Fire Sprinklers

    • Entrance Foyer

    • Split Bedroom

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Bathrooms: 1

    • Full bathrooms: 3

  • Parking

    • Guest

    • Valet

    • No Rv/Boats

    Property

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 02-32-14-031-0220

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $4,267

    • HOA Frequency: Monthly

    • Annual tax amount: $50,621

  • Source details

    • MLS ID: A11958762

    Other facts

    • Construction Materials: Concrete Block Construction / CBS Construction

    • Patio And Porch Features: Open Balcony / Patio

    • Window Features: Blinds / High Impact Windows / Impact Glass

    • Direction Faces: Southeast

    • Architectural Style: Corner Unit / High Rise

    • Waterfront: Yes

    • Living Area: 1725

    • Subdivision Name: MEI CONDO,Mei

Private inquiry
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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