Property Details
| Sold Price | $1,475,000 |
|---|---|
| Last Asking Price | $1,640,000 |
| Price per SqFt | $1,348 |
| Maintenance Fee | $2,758 Monthly |
| Property Taxes | $16,653 2024 |
| Interior Space | 1,094 SqFt |
| Beds/Baths | 2/2½ |
| Year Built | 2008 |
| Closed Date | 8/22/2025 |
| MLS # | A11765395 |
Location
From the listing
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.
Listed by Jasal Int'l Realty
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $2,758 a month; taxes $16,653 for 2024. MLS figures, which may not be accurate.
Sales History for This Unit · MEi Condominium Unit 1603
Sales history is unavailable for this property
What Other Units Have Been Selling For at MEi Condominium
5 units sold at MEi Condominium in the last 12 months at an average of $1,263/SqFt
Below, the most recent sales most like this unit: its floorplan first, then units with the same bedroom count.
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed Date ⇅ |
|---|---|---|---|
| 703 | $1,285,000$1,175/SqFt | 89% | 9/3/24 |
| 1403 | $1,490,000$1,362/SqFt | 93% | 6/11/24 |
| 903 | $1,425,000$1,303/SqFt | 95% | 3/20/23 |
| 503 | $1,290,000$1,179/SqFt | 92% | 3/17/23 |
| 2103 | $1,500,000$1,295/SqFt | 85% | 9/16/22 |
| 1803 | $1,100,000$1,005/SqFt | 92% | 12/15/21 |
| 1403 | $1,050,000$960/SqFt | 94% | 11/24/21 |
| 503 | $850,000$777/SqFt | 100% | 8/16/21 |
For a full analysis of past sales in this building, contact Mark Zilbert.
Listed by Jasal Int'l Realty. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami Beach and throughout South Florida.
Ask Mark About This Listing
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MEi Condominium Unit 1603, 5875 Collins Avenue · MLS A11765395 · Sold Aug 2025
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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.
More at MEi Condominium
At MEi Condominium, 7 of 132 units are for sale and 5 sold in the last 12 months at an average of $1,263 per SqFt. Unit 1603 sold at $1,348 per SqFt, in line with the building's average at the time. Figures compiled by Mark Zilbert, a Miami Beach real estate agent with ONE Sotheby's International Realty, from MLS records.