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5875 Collins Ave # 401, Miami Beach FL 33140

Condo/Co-op For Sale
$4,770,000

BTC: 71.72932331

ETH: 2,507.04284573

New
Waterfront
2 bds
2 ba
2,168 sqft

Overview

A truly one-of-a-kind direct oceanfront residence at MEi Miami Beach, thoughtfully created by combining two residences into an extraordinary home. The only residence of its kind at MEi and one of the most unique homes in Miami Beach. Residence 401/402 offers unobstructed ocean views from every room. A private elevator opens directly into this fully renovated, fully automated smart home with soaring 12-foot ceilings, generous living spaces, and high-end finishes. This spacious lay-out includes both a primary suite and a junior primary suite, each with its own private oceanfront terrace. The chef’s kitchen features Wolf and Sub-Zero appliances, custom cabinetry, and premium finishes. An exceptional feature of this residence is its two expansive private rooftop terraces, providing an extraordinary setting for outdoor living, entertaining, dining, and enjoying panoramic ocean and skyline views. MEi Miami Beach is an exclusive boutique oceanfront condominium offering hotel-style amenities, including beach service, oceanfront pool, spa, fitness center, concierge, valet, and 24-hour security. Located steps from the beach, on prestigious Millionaire’s Row, this exceptional home is just minutes from Bal Harbour, South Beach, world-class dining, luxury shopping, and Miami’s most sought-after destinations.

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / Valet
Year Built:
2008
Lot:
No Data
Heating:
Central
Price/sqft:
$2,200
Cooling:
Central Air
HOA:
$5,300

Valuation

Our model vs. what's actually selling nearby.
Estimate
$3,490,000
$1.5M – $4.5M
Confidence Low
List vs. estimate
$1.3M above estimate
List $4,770,000 · +36.7%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$2,200
+269.3% vs. city median $595
Based on
31 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $677K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$41,463
2025
HOA
$5,300/mo
View
Ocean View, Direct Ocean
Waterfront
Ocean Front
Garage
2 car garage
Furnished
Furniture Negotiable
All facts and features
  • Flooring

    • Tile

    • Wood

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Ice Maker

    • Microwave

    • Refrigerator

    • Wall Oven

    • Washer

    Other interior features

    • Closet Cabinetry

    • Fire Sprinklers

    • Split Bedroom

    • Walk-In Closet(s)

    • No Additional Rooms

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • 2 Or More Spaces

    • Valet

    Property

    • Exterior Features: Open Balcony / Other

    Other Property Information

    • Parcel Number: 02-32-14-031-0020

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $5,300

    • HOA Frequency: Monthly

    • Annual tax amount: $41,463

  • Source details

    • MLS ID: A12054982

    Other facts

    • Construction Materials: Concrete Block Construction

    • Patio And Porch Features: Open Balcony

    • Window Features: Blinds

    • Direction Faces: East

    • Architectural Style: High Rise

    • Waterfront: Yes

    • Garage Spaces: 2

    • Garage: Yes

    • Living Area: 2168

    • 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: Compass Florida, LLC