$1,640,000
5875 Collins Avenue 1503
Miami Beach, FL 33140
Explore the area: Miami Beach homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $1,640,000
- Price per sq ft
- $1,499
- Original price
- Unchanged
- Days on market
- N/A
This 2-bedroom condo in Mei Condo is listed at $1,640,000, or $1,499 per square foot.
Estimated monthly payment
$8,619 /mo
Principal and interest only, based on $328,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $2,900/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $1,640,000
- Days on Site
- 0 Days
- Bedrooms
- 2
- Total Baths
- 3
- Full Baths
- 2
- Partial Baths
- 1
- Living Area
- 1,094 sqft
- Total Sq Ft
- 1,094 sqft
- Year Built
- 2008
- Property Type
- Condo
- MLS #
- A12114545
- Property Tax
- $17,356 (2025)
- HOA Fees
- $2,900 / Monthly
- Subdivision
- MEI CONDO
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
Spectacular ocean views from every room in this meticulous designed 2 bedroom 2.5 bathroom residence. Enjoy outdoor-indoor living from an extensive terrance. Floor to ceiling windows, Italian open kitchen with top of the line appliances and marble floors. Mei is a luxurious boutique building with only 132 residences in Miami Beach's Millionaires row. It features lavish amenities including beach service, infinity pool, fitness center, spa, tea lounge library, 24-hour security, valet & business center. Excellent location 10 minutes drive to South Beach & Bal Harbour.
MLS media linkGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 2008
- Property Condition
- Resale
- Number of Stories
- 22
- Garage Spaces
- 1
- Parking
- Valet
- Direction Faces
- North
- Living Sq Ft
- 1,094
- Total Sq Ft
- 1,094
Interior Features
- Appliances
- Dryer / Dishwasher / Microwave / Oven / Refrigerator / Washer
- Cooling
- Central Air
- Heating
- None
- Flooring
- Marble
- Interior Features
- Bedroom On Main Level / Closet Cabinetry / Dual Sinks / Separate Shower / Walk In Closets
- Windows
- Blinds
- Furnished
- Negotiable
Exterior Features
- Construction
- Block
- Exterior Features
- Balcony / Outdoor Living Area
- Pool Features
- Association / Heated
- Patio & Porch
- Open / Balcony
- Waterfront Features
- None / Ocean Front
- View
- Ocean
Community & HOA
- HOA Fee
- $2,900 / Monthly
- HOA Includes
- Cable Tv / Insurance / Internet / Reserve Fund / Sewer / Security / Trash / Water
- Association Amenities
- Bike Storage / Fitness Center / Management / Pool / Sauna / Spa Hot Tub / Trash
- Security
- Elevator Secured / Fire Sprinkler System / Lobby Secured / Smoke Detectors
- Pets Allowed
- Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Ok To Lease
- MLS Area
- 2320
Schools
- Elementary School
- North Beach
- Middle School
- Miami Beach Nautilus
- High School
- Miami Beach
About the Community
Mei Condo is a luxury waterfront, luxury community in Miami Beach, Miami-Dade County, Florida. Properties are priced from $999,999 to $3,800,000. Pure Equity lists homes in Mei Condo and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 8
- Median List Price
- $2,350,000
- Median $/Sq Ft
- $1,427
- Avg Days on Market
- 170
Frequently Asked Questions
- How do I schedule a tour of 5875 Collins Avenue 1503, Miami Beach, FL 33140?
- Use the Tour button on this listing to request a showing of 5875 Collins Avenue 1503, Miami Beach, FL 33140. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 5875 Collins Avenue 1503, Miami Beach, FL 33140 still available?
- 5875 Collins Avenue 1503, Miami Beach, FL 33140 is currently listed as Active. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 5875 Collins Avenue 1503, Miami Beach, FL 33140?
- With 20% down ($328,000) on the $1,640,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5875 Collins Avenue 1503, Miami Beach, FL 33140 is about $8,619/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 5875 Collins Avenue 1503, Miami Beach, FL 33140?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5875 Collins Avenue 1503, Miami Beach, FL 33140. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 5875 Collins Avenue 1503, Miami Beach, FL 33140 have an HOA fee?
- Yes: 5875 Collins Avenue 1503, Miami Beach, FL 33140 carries an HOA fee of about $2,900 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 5875 Collins Avenue 1503, Miami Beach, FL 33140?
- 5875 Collins Avenue 1503, Miami Beach, FL 33140 is zoned for North Beach (elementary), Miami Beach Nautilus (middle), Miami Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 5875 Collins Avenue 1503, Miami Beach, FL 33140?
- Often, yes. The right offer on 5875 Collins Avenue 1503, Miami Beach, FL 33140 depends on how it's priced against comparable condo sales in Miami Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Compass Florida, LLC
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated November 14, 2026.
$1,640,000
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Listed by Romina Grinberg, Compass Florida, LLC
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Recent Sales
Recently sold homes in Mei Condo
These are the last 6 recorded closings in Mei Condo, with the price each home actually sold for rather than what it was listed at. They closed at a median of $1,348 per square foot. The most recent closed on October 7, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$1,875,000
Sold · October 7, 2026
5875 Collins Avenue 501
2 bed · 2.5 bath · 1,322 sqft · $1,418/sqft
$124,000 under the asking price
Sold$1,400,000
Sold · May 11, 2026
5875 Collins Avenue 201
1 bed · 1.5 bath · 1,126 sqft · $1,243/sqft
$95,000 under the asking price
Sold$825,000
Sold · April 3, 2026
5875 Collins Avenue 1004
1 bed · 1.5 bath · 778 sqft · $1,060/sqft
$74,000 under the asking price
Sold$825,000
Sold · February 19, 2026
5875 Collins Avenue 1006
1 bed · 1.5 bath · 833 sqft · $990/sqft
$64,000 under the asking price
Sold$2,400,000
Sold · January 5, 2026
5875 Collins Avenue 1908
3 bed · 3.5 bath · 1,742 sqft · $1,378/sqft
$99,000 under the asking price
Sold$1,475,000
Sold · August 22, 2025
5875 Collins Avenue 1603
2 bed · 2.5 bath · 1,094 sqft · $1,348/sqft
$165,000 under the asking price
See every recorded sale in Mei Condo or find out what your Mei Condo home is worth.
