How do I schedule a tour of 5875 Collins Avenue 1603, Miami Beach, FL 33140?

Use the Tour button on this listing to request a showing of 5875 Collins Avenue 1603, Miami Beach, FL 33140. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity Realty agent will confirm your visit, often the same day.

Is 5875 Collins Avenue 1603, Miami Beach, FL 33140 still available?

5875 Collins Avenue 1603, Miami Beach, FL 33140 is currently listed as Sold, and has been on the market 131 days. 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 1603, 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 1603, 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 1603, 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 1603, Miami Beach, FL 33140. Contact Pure Equity Realty and we'll connect you with a trusted local lender to review your financing options, no obligation.

Does 5875 Collins Avenue 1603, Miami Beach, FL 33140 have an HOA fee?

Yes: 5875 Collins Avenue 1603, Miami Beach, FL 33140 carries an HOA fee of about $2,758 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.

Can I negotiate the price of 5875 Collins Avenue 1603, Miami Beach, FL 33140?

Often, yes. The right offer on 5875 Collins Avenue 1603, 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 Realty will run the comps and help you craft a competitive, well-supported offer.

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Sold

131 Days on Market

All Listings

$1,640,000

5875 Collins Avenue 1603

Miami Beach, FL 33140

MEI CONDO

Explore the area: Miami Beach homes for sale · Miami Dade County real estate

Bedrooms

Bathrooms

1,094

Living Sq Ft

2008

Year Built

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 $2,758/mo HOA are not included.

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Listing Snapshot

Price: $1,640,000
Days on Site: 131 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 #: A11765395
Property Tax: $16,653 (2024)
HOA Fees: $2,758 / Monthly
Subdivision: MEI CONDO
County: Miami Dade
Status: Sold

About This Property

Impeccable 2-bed, 2.5-bath condo in the prestigious MEI, an exclusive boutique-style luxury building inspired by Asian design in the highly sought-after Millionaire’s Row in Miami Beach. Used solely as a vacation home, never rented, and with less than two months of annual use, this stunning residence features marble flooring throughout, built-in furniture for maximum convenience and style, and abundant natural light in every room with breathtaking ocean views. The MEI offers world-class amenities, including a newly renovated lobby with 24-hour concierge, valet parking, a TEA lounge, a serene ZEN library, direct oceanfront access with daily beach service, a state-of-the-art fitness center, and yoga and massage rooms.

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General Features

Property Type: Condo
Status: Sold
Year Built: 2008
Property Condition: Resale
Number of Stories: 22
Levels: Multi Split
Garage Spaces: 2
Living Sq Ft: 1,094
Total Sq Ft: 1,094

Interior Features

Appliances: Dryer / Dishwasher / Electric Range / Electric Water Heater / Disposal / Microwave / Refrigerator
Cooling: Central Air / Electric
Heating: Central / Electric
Flooring: Marble
Interior Features: Closet Cabinetry / Other / Split Bedrooms

Exterior Features

Construction: Block
Exterior Features: Balcony / Outdoor Living Area
Architectural Style: Split Level
Pool Features: Association
Patio & Porch: Open / Balcony
Waterfront: Yes
Waterfront Features: No Fixed Bridges / Ocean Front
View: Ocean

Community & HOA

HOA Fee: $2,758 / Monthly
HOA Includes: Cable Tv / Pools / Water
Association Amenities: Business Center / Clubhouse / Fitness Center / Maintenance Grounds / Library / Pool / Sauna
Security: Security System
Pets Allowed: Pet Restrictions / Yes
55+ Community: Yes
Financing Terms: Cash / Conventional
Restrictions: Other Restrictions
MLS Area: 2320

About the Community

Mei Condo

View Community Details →

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 Realty lists homes in Mei Condo for 1% commission and provides free buyer representation.

Homes for Sale: 11
Under Contract: 0
Median List Price: $2,595,000
Median $/Sq Ft: $1,493
Avg Days on Market: 137

View all 11 homes for sale in Mei Condo →

Frequently Asked Questions

How do I schedule a tour of 5875 Collins Avenue 1603, Miami Beach, FL 33140?: Use the Tour button on this listing to request a showing of 5875 Collins Avenue 1603, Miami Beach, FL 33140. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity Realty agent will confirm your visit, often the same day.
Is 5875 Collins Avenue 1603, Miami Beach, FL 33140 still available?: 5875 Collins Avenue 1603, Miami Beach, FL 33140 is currently listed as Sold, and has been on the market 131 days. 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 1603, 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 1603, 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 1603, 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 1603, Miami Beach, FL 33140. Contact Pure Equity Realty and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 5875 Collins Avenue 1603, Miami Beach, FL 33140 have an HOA fee?: Yes: 5875 Collins Avenue 1603, Miami Beach, FL 33140 carries an HOA fee of about $2,758 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
Can I negotiate the price of 5875 Collins Avenue 1603, Miami Beach, FL 33140?: Often, yes. The right offer on 5875 Collins Avenue 1603, 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 Realty will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Jasal Int'l Realty

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity Realty. 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 July 1, 2026.

$1,640,000