Property Details
| Sold Price | $850,000 |
|---|---|
| Last Asking Price | $850,000 |
| Price per SqFt | $777 |
| Maintenance Fee | $1,817 Monthly |
| Property Taxes | $13,075 2020 |
| Interior Space | 1,094 SqFt |
| Beds/Baths | 2/2½ |
| Year Built | 2008 |
| Closed Date | 8/16/2021 |
| MLS # | A11037179 |
Location
From the listing
The lowest priced two bedroom unit at the luxurious MEI condominium. This residence has a HUGE terrace which is over 1,000 sq. ft. Enjoy a great outdoor space perfect to entertain or jut relax and suntan on a more private environment. Amazing split floor plan, each bedroom has its own bathroom. Open kitchen with top of the line appliances that include Thermador refrigerator, wine cooler, built in espresso machine, Bosch washer and dryer and much more. Great location with a relaxing white sand beach. MEI condo offers many amenities that include Pool and Beach service, Valet Parking, State of the art GYM, Steam Room, Heated Pool, Oversized Jacuzzi and more. This one unique lanai unit won't last.
Listed by Best Real Estate Plus
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $1,817 a month; taxes $13,075 for 2020. MLS figures, which may not be accurate.
Sales History for This Unit · MEi Condominium Unit 503
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A11320124 | $1,290,000 | 3/17/23 |
| A11278034 | $1,200,000 | 10/31/22 |
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 ⇅ |
|---|---|---|---|
| 1603 | $1,475,000$1,348/SqFt | 90% | 8/22/25 |
| 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 |
For a full analysis of past sales in this building, contact Mark Zilbert.
Listed by Best Real Estate Plus. 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
Mark is not available at the moment, but he usually responds quickly.
MEi Condominium Unit 503, 5875 Collins Avenue · MLS A11037179 · Sold Aug 2021
Mark sent you this link
Your message goes to Mark Zilbert
Having issues or do you need technical help? Use this form instead: CLICK HERE
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 503 sold at $777 per SqFt, below 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.