5875 Collins Avenue 507, Miami Beach, FL 33140

Sold $1,500,000 · Apr 24, 2025

Last asking price $1,650,000 · 90.9% of asking · 176 days on market

Similar Homes for Sale Nearby

  • 2 beds
  • 2.5 baths
  • 1,323 sq ft
  • Condominium
  • Built 2008
  • HOA $2,989/mo
  • 2 garage spaces
  • Miami-Dade County
  • MLS# A11668609
  • Mei Condo
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About this home

Enjoy this rarely available corner Lanai unit at the boutique MEi Miami Beach. This stunning 2 bed, 2.5 bath residence includes an expansive 1500 sqft terrace. Ideal for entertaining and sunrise and sunset views. The second bedroom features a murphy bed. The MEi is a boutique condominium with 134 residences, offering 5-star service, valet parking, beach access + service, a state-of-the-art pool, fitness center, library, steam room, spa, and more.

Features

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Douglas Elliman · judithcorcos@gmail.com · Listing agent: Liora T Rahimi

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Thinking of Selling Nearby?

5875 Collins Avenue 507 sold on Apr 24, 2025. 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 507

What did 5875 Collins Avenue 507 sell for?
5875 Collins Avenue 507 sold for $1,500,000 on Apr 24, 2025, about 90.9% of its last asking price of $1,650,000 and about $1,134 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 507?
The listing reported an association fee of $2,989 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.
When was 5875 Collins Avenue 507 built?
5875 Collins Avenue 507 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 507 on the market?
5875 Collins Avenue 507 was on the market for 176 days before it sold, after the asking price was reduced from $1,850,000 to $1,650,000.
Is 5875 Collins Avenue 507 waterfront?
Yes. The listing described the water as deeded beach access ocean front.
Is 5875 Collins Avenue 507 still for sale?
No. 5875 Collins Avenue 507 sold on Apr 24, 2025. 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 808, Miami Beach, FL 33140, sold for $1,675,000 in February 2022. Miami Beach neighborhoods include Altos del Mar and South Beach. 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.