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5875 Collins Ave # 708, Miami Beach FL 33140

Condo/Co-op For Sale
$2,400,000

BTC: 37.38922857

ETH: 1,361.36226984

55 days
Waterfront
3 bds
3 ba
1,742 sqft

Overview

BE ONE OF THE VERY FEW TO OWN AND LIVE AT MEI, A REFINED BOUTIQUE OCEANFRONT CONDOMINIUM OF ONLY 134 DWELLINGS, AT THE NORTHERN END OF MIAMI BEACH MILLONAIRES ROW, RIGHT NEXT TO THE EMBLEMATIC BATH CLUB. THE ASIAN INSPIRED LOBBY GREETS YOU TO AMAZING AMENITIES THAT INCLUDE GYM WITH SAUNA, STEAM ROOM AND MASSAGE ROOM; AND A LOUNGE AREA WITH LIBRARY THAT CAN BE RESERVED FOR PRIVATE EVENTS. OUTDOORS THE HEATED POOL DECK WITH SEPARATE JACUZZI LEADS TO THE SCENIC BEACHWALK THAT RUNS ALONG 9 MILES FROM SOUTH POINT PARK TO BAL HARBOUR JETTY, PERFECT FOR WALKING, JOGGING OR BIKING, PASSING ICONIC HOTELS AND OCEAN VIEWS.  BEYOND THE BEACHWALK, MEI OFFERS COMPLETE BEACH SERVICES TO ITS RESIDENTS AND THEIR GUESTS. RESIDENCE 708 IS AN EXPANSIVE 3 BEDROOM AND 3.5 BATHROOM UNIT SUROUNDED BY ALMOST 300 SQ FT OF TERRACE WITH VIEWS TO THE CITY, THE INTRACOASTAL AND THE OCEAN. ALL ROOMS HAVE FLOOR TO CEILING HIGH IMPACT GLASS WINDOWS WITH SLIDING DORS OPENING TO THE TERRACE. THE UNIT COMES FULLY EQUIPPED WITH THE CUSTOMARY APPLIANCES AND CENTRAL COOLING AND HEATING.

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / Additional Spaces Available / Valet
Year Built:
2008
Lot:
No Data
Heating:
Central
Price/sqft:
$1,378
Cooling:
Central Air
HOA:
$4,267

Valuation

Our model vs. what's actually selling nearby.
Estimate
$887,000
$564K – $3.4M
Confidence Low
List vs. estimate
$1.5M above estimate
List $2,400,000 · +170.6%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,377
+133.3% vs. city median $590
Based on
174 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
$32,000
2025
HOA
$4,267/mo
View
Intracoastal View, Ocean View
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

    • Microwave

    • Electric Range

    • Refrigerator

    • Washer

    Other interior features

    • First Floor Entry

    • Built-in Features

    • Closet Cabinetry

    • Cooking Island

    • Custom Mirrors

    • Split Bedroom

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Bathrooms: 1

    • Full bathrooms: 3

  • Parking

    • 2 Or More Spaces

    • Additional Spaces Available

    • Valet

    Property

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 02-32-14-031-1200

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $4,267

    • HOA Frequency: Monthly

    • Annual tax amount: $32,000

  • Source details

    • MLS ID: A12009377

    Other facts

    • Construction Materials: Concrete Block Construction

    • Patio And Porch Features: Open Balcony

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

    • Architectural Style: Corner Unit / High Rise

    • Waterfront: Yes

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1742

    • 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: Partnership Realty Inc.