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5875 Collins Ave # 1503, Miami Beach FL 33140

Condo/Co-op For Sale
$1,900,000

BTC: 29.68750000

ETH: 1,055.55555556

-$100K (2026/03/18)
271 days
Waterfront
2 bds
2 ba
1,094 sqft

Overview

Presenting, turn-key furnished by Artefacto and move-in 2 bedrooms, 2.5 baths residences in the MEI, an excluisve boutique-style luxury building inspired by Asian design. This spacious unit of natural light and breathtaking ocean views from a large private balcony. Inside you'll find marble flooring throughout, electric blinds, custom leather door handles, and built-in closets for maximum convenience and style. The modern kitchen is fully equipped with high-end Bosch appliances, ample cabinet space, an espresso maker, and a wine cooler - ideal for both daily living and entertaining. Amenities at The Mei includes a newly renovated lobby with 24-hour concierge, valet parking, direct oceanfront access with daily beach service. Residents enoy acces to a fitness center, yoga and massage rooms.

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / Additional Spaces Available / Valet
Year Built:
2008
Lot:
No Data
Heating:
Central
Price/sqft:
$1,737
Cooling:
Central Air
HOA:
$2,496

Valuation

Our model vs. what's actually selling nearby.
Estimate
$797,000
$392K – $1.9M
Confidence Low
List vs. estimate
$1.1M above estimate
List $1,900,000 · +138.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,736
+191.0% vs. city median $596
Based on
266 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $4.7M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$16,528
2024
HOA
$2,496/mo
View
Ocean View, Direct Ocean
Waterfront
Ocean Access, Ocean Front
Garage
2 car garage
Furnished
Turn Key Furnished
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: 02-32-14-031-0480

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $2,496

    • HOA Frequency: Monthly

    • Annual tax amount: $16,528

  • Source details

    • MLS ID: A11873010

    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
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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: BHHS EWM Realty