$1,875,000
Sold · October 7, 2026
5875 Collins Avenue 501
Miami Beach, FL 33140
Explore the area: Miami Beach homes for sale · Miami Dade County real estate
Sale Summary
What this home sold for
- Sold price
- $1,875,000
- Vs. list price
- 6.2% under
- Days on market
- 112
- Price per sq ft
- $1,418
This 2-bedroom condo in Mei Condo sold for $1,875,000 on October 7, 2026. That was 6.2% below its final list price of $1,999,000. It first came on the market at $2,075,000, so the price was adjusted before it sold. It spent 112 days on the market. At $1,418 per square foot, it closed 14.1% above the $1,243 median of the 5 other condo sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $1,875,000
- Sold On
- October 7, 2026
- Days on Site
- 112 Days
- Bedrooms
- 2
- Total Baths
- 3
- Full Baths
- 2
- Partial Baths
- 1
- Living Area
- 1,322 sqft
- Total Sq Ft
- 5,567 sqft
- Year Built
- 2008
- Property Type
- Condo
- MLS #
- A12029631
- Property Tax
- $33,875 (2025)
- HOA Fees
- $3,479 / Monthly
- Subdivision
- MEI CONDO
- County
- Miami Dade
- Status
- Sold
- Special Conditions
- Listed As Is
About This Property
An elevated oceanfront condominium residence at MEi Miami Beach, where sweeping Atlantic views, expansive terraces, and contemporary interiors define an exceptional coastal lifestyle. Positioned as a northeast corner residence, Unit 501 offers over 1,300 SF of interiors paired with an extraordinary 4,200+ SF wraparound terrace designed for effortless indoor-outdoor living and entertaining. Offered fully furnished, the residence features 2 bedrooms, 2.5 baths, floor-to-ceiling impact glass, open living and dining spaces, and a spacious primary suite with a spa-inspired bath and dual vanities. Natural light fills the interiors while panoramic ocean views extend throughout the residence and outdoor spaces.Enhancing the experience is the intimate setting of MEi, a boutique oceanfront condominium of just 134 residences designed for elevated privacy and service. Residents enjoy a refined collection of resort-style amenities including valet and beach service, a state-of-the-art fitness center, oceanfront pool deck, spa facilities with an infrared sauna and cold-plunge pool, and serene lounge spaces curated for relaxation and wellness. Perfectly positioned along the sands of Miami Beach moments from Bal Harbour Shops, renowned dining, and South Beach, this is a rare opportunity to experience elevated coastal living with exceptional privacy and scale.
MLS media linkGeneral Features
- Property Type
- Condo
- Status
- Sold
- Year Built
- 2008
- Property Condition
- Resale
- Number of Stories
- 22
- Garage Spaces
- 2
- Parking
- Valet
- Living Sq Ft
- 1,322
- Total Sq Ft
- 5,567
Interior Features
- Appliances
- Dryer / Dishwasher / Disposal / Oven / Refrigerator / Washer
- Cooling
- Central Air / Electric
- Heating
- Central / Electric
- Flooring
- Ceramic Tile / Other
- Interior Features
- Built In Features / Bedroom On Main Level / Bathtub / Dual Sinks / Kitchen Island / Soaking Tub / Separate Shower / Bar / Walk In Closets
Exterior Features
- Construction
- CBS Concrete Block Structure / Block
- Exterior Features
- Balcony / Outdoor Living Area
- Architectural Style
- Other
- Private Pool
- Yes
- Pool Features
- Private / Association / Heated
- Patio & Porch
- Deck / Open / Porch / Wrap Around / Balcony
- Waterfront
- Yes
- Waterfront Features
- Beach Access / Deeded Access / Ocean Front / Other
- View
- Ocean
Community & HOA
- HOA Fee
- $3,479 / Monthly
- HOA Includes
- Common Areas / Cable Tv / Hvac / Hot Water / Maintenance Structure / Pools / Security
- Association Amenities
- Bike Storage / Cabana / Clubhouse / Fitness Center / Library / Management / Other / Pool / Spa Hot Tub / Trash / Elevators
- Community Features
- Home Owners Association
- Security
- Security System / Elevator Secured / Lobby Secured
- Pets Allowed
- Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Other Restrictions
- 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
- Under Contract
- 0
- 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 501, Miami Beach, FL 33140?
- Use the Tour button on this listing to request a showing of 5875 Collins Avenue 501, 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 501, Miami Beach, FL 33140 still available?
- 5875 Collins Avenue 501, Miami Beach, FL 33140 is currently listed as Sold, and has been on the market 112 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 501, Miami Beach, FL 33140?
- With 20% down ($399,800) on the $1,999,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5875 Collins Avenue 501, Miami Beach, FL 33140 is about $10,506/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 501, 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 501, 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 501, Miami Beach, FL 33140 have an HOA fee?
- Yes: 5875 Collins Avenue 501, Miami Beach, FL 33140 carries an HOA fee of about $3,479 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 501, Miami Beach, FL 33140?
- 5875 Collins Avenue 501, 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 501, Miami Beach, FL 33140?
- Often, yes. The right offer on 5875 Collins Avenue 501, 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 June 23, 2026.
$1,875,000
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Listed by Chad Carroll, Compass Florida, LLC
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Recent Sales
Recently sold homes in Mei Condo
These are the last 5 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 $1,243 per square foot. The most recent closed on May 11, 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$1,400,000
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.
