$1,520,000
5875 Collins Avenue 903
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
- $1,520,000
- Price per sq ft
- $1,389
- Original price
- $1,590,000
- Days on market
- 37
This 2-bedroom condo in Mei Condo is listed at $1,520,000, or $1,389 per square foot. The asking price has come down 4.4% from its original $1,590,000. It has been on the market for 37 days.
Estimated monthly payment
$7,988 /mo
Principal and interest only, based on $304,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $2,907/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $1,520,000
- Days on Site
- 37 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 #
- A12076587
- Property Tax
- $18,953 (2025)
- HOA Fees
- $2,907 / Monthly
- Subdivision
- MEI CONDO
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
Experience refined oceanfront living at the renowned MEi Miami Beach. This contemporary 2-bedroom, 2.5-bath residence features beautiful ocean views, with north-facing windows framing expansive sky and water vistas. The open living and dining areas flow seamlessly onto an impressive 41-foot-wide terrace, ideal for relaxing and entertaining.The modern open kitchen is equipped with premium Thermador appliances. A desirable split-bedroom layout offers privacy, while the spacious primary suite features a walk-in closet and spa-inspired bathroom. Additional conveniences include a powder room, in-unit washer and dryer, and window treatments.MEi offers exceptional resort-style amenities, including a landscaped infinity pool, spa, lush gardens, beach and pool service, clubhouse, library, resident lounge, state-of-the-art fitness center, 24-hour attended lobby, and valet parking. Ideally located on prestigious Millionaire’s Row, just minutes from world-class golf courses, fine dining, and the vibrant attractions of South Beach.
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 2008
- Property Condition
- Resale
- Number of Stories
- 22
- Garage Spaces
- 1
- Living Sq Ft
- 1,094
- Total Sq Ft
- 1,094
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Disposal / Ice Maker / Microwave / Oven / Refrigerator / Washer
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Ceramic Tile
- Interior Features
- Built In Features / Closet Cabinetry / Dual Sinks / Eat In Kitchen / Elevator / Living Dining Room / Main Level Primary / Tub Shower / Bar
Exterior Features
- Construction
- CBS Concrete Block Structure / Block
- Exterior Features
- Courtyard / Outdoor Living Area
- Pool Features
- Association / Heated
- Patio & Porch
- Patio
- Waterfront Features
- None / Ocean Access / Ocean Front
- View
- Ocean
Community & HOA
- HOA Fee
- $2,907 / Monthly
- HOA Includes
- Common Areas / Cable Tv / Hot Water / Insurance / Internet / Pest Control / Pools / Reserve Fund / Sewer / Trash
- Association Amenities
- Bike Storage / Business Center / Fitness Center / Other / Picnic Area / Pool / Parking / Sauna / Spa Hot Tub / Trails / Trash / Elevators
- Security
- Security System / Elevator Secured / Fire Alarm / Fire Sprinkler System / Lobby Secured / Smoke Detectors
- Pets Allowed
- Yes
- Financing Terms
- Cash / Conventional
- MLS Area
- 2320
This home's HOA fee works out to $2,907 a month, 17% below the $3,500 median across 7 homes for sale in Mei Condo. See Mei Condo HOA fees
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
- 168
Frequently Asked Questions
- How do I schedule a tour of 5875 Collins Avenue 903, Miami Beach, FL 33140?
- Use the Tour button on this listing to request a showing of 5875 Collins Avenue 903, 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 903, Miami Beach, FL 33140 still available?
- 5875 Collins Avenue 903, Miami Beach, FL 33140 is currently listed as Active, and has been on the market 37 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 903, Miami Beach, FL 33140?
- With 20% down ($304,000) on the $1,520,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5875 Collins Avenue 903, Miami Beach, FL 33140 is about $7,988/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 903, 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 903, 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 903, Miami Beach, FL 33140 have an HOA fee?
- Yes: 5875 Collins Avenue 903, Miami Beach, FL 33140 carries an HOA fee of about $2,907 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 903, Miami Beach, FL 33140?
- 5875 Collins Avenue 903, 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 903, Miami Beach, FL 33140?
- Often, yes. The right offer on 5875 Collins Avenue 903, 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 Coldwell Banker Realty
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 August 30, 2026.
$1,520,000
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Listed by Laura Pantano, Coldwell Banker Realty
Map & Location
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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.
