5875 Collins Avenue 501, Miami Beach, FL 33140

Sold $2,150,000 · Dec 14, 2021

Last asking price $2,150,000 · 100% of asking · 6 days on market

Similar Homes for Sale Nearby

  • 2 beds
  • 2.5 baths
  • 1,322 sq ft
  • Condominium
  • Built 2008
  • HOA $2,197/mo
  • 2 garage spaces
  • Miami-Dade County
  • MLS# A11110266
  • Mei Condo
Photo 1 at 5875 Collins Avenue 501, Miami BeachPhoto 2 at 5875 Collins Avenue 501, Miami BeachPhoto 3 at 5875 Collins Avenue 501, Miami BeachPhoto 4 at 5875 Collins Avenue 501, Miami BeachPhoto 6 at 5875 Collins Avenue 501, Miami BeachPhoto 7 at 5875 Collins Avenue 501, Miami BeachPhoto 10 at 5875 Collins Avenue 501, Miami BeachPhoto 13 at 5875 Collins Avenue 501, Miami Beach

About this home

Welcome to Lanai Residence 501 at MEi Miami Beach, where contemporary oceanfront living blends effortlessly with coastal color palettes and oversized entertainment spaces that will leave its discerning owner in a state of ZEN. Located on the 5th floor and available fully-furnished, start each day in Residence 501 with a Sun Salutation unlike any other within this beautiful 2 bedroom, 2.5 bathroom corner lanai residence, complete with an incredible wraparound terrace for oceanfront entertaining directly facing the Atlantic. MEi is a boutique condominium with just 134 residences, offering a 5-star service environment including valet parking, beach access & service, a state of the art pool and fitness center, a tea lounge & library, spa, and much more.

Features

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Compass Florida, LLC · mlsfl@compass.com · Listing agent: Matthew Dugow

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Thinking of Selling Nearby?

5875 Collins Avenue 501 sold on Dec 14, 2021. Your buyer may already be looking. BreakThru Realty works with hundreds of prequalified buyers searching for properties. A broker compares your home at MEi with this sale and the closings nearest it, checks it against the buyers on file and calls you with your selling options. Find Out If We Have Your Buyer, or see homes for sale in Miami Beach. Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com.

Questions About 5875 Collins Avenue 501

What did 5875 Collins Avenue 501 sell for?
5875 Collins Avenue 501 sold for $2,150,000 on Dec 14, 2021, about 100% of its last asking price of $2,150,000 and about $1,626 per square foot. Recent sales like this one are what buyers and sellers nearby price against.
What are the association fees at 5875 Collins Avenue 501?
The listing reported an association fee of $2,197 per month at the time of the sale. Fees and special assessments change; check the association's current budget before you compare it with another home.
What are the property taxes on 5875 Collins Avenue 501?
The listing reported annual property taxes of $16,613 for 2020. Taxes are reassessed at the sale price after a purchase, so the new owner's bill will differ from that figure.
When was 5875 Collins Avenue 501 built?
5875 Collins Avenue 501 was built in 2008 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long was 5875 Collins Avenue 501 on the market?
5875 Collins Avenue 501 was on the market for 6 days before it sold.
Is 5875 Collins Avenue 501 waterfront?
Yes. The listing described the water as deeded beach access other intracoastal ocean front.
Is 5875 Collins Avenue 501 still for sale?
No. 5875 Collins Avenue 501 sold on Dec 14, 2021. BreakThru Realty can show you similar homes for sale nearby, or tell you what a home like yours would sell for today; call or text and a licensed agent will follow up.

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A comparable condo, 5875 Collins Avenue 1407, Miami Beach, FL 33140, sold for $2,100,000 in March 2024. Miami Beach neighborhoods include Bayshore and Normandy Isles. Nearby ZIP codes include 33109 and 33139. This property also neighbors North Bay Village, Surfside, and Bay Harbor Islands. Compare it with the Miami Beach housing market report.