
Property Details
| Sold Price | $1,775,000 |
|---|---|
| Last Asking Price | $1,899,000 |
| Price per SqFt | $1,342 |
| Maintenance Fee | $2,196 Monthly |
| Property Taxes | $14,182 2021 |
| Interior Space | 1,323 SqFt |
| Beds/Baths | 2/2½ |
| Year Built | 2008 |
| Closed Date | 9/9/2022 |
| MLS # | A11182891 |
Location
From the listing
LOCATION, LOCATION, LOCATION right on Millionaire's row one of the most beautiful beach areas in town. This modern building just finished an extensive multi million dollar renovation. That included most of the common areas, done by professional designers that created a modern and luxurious spaces. This high floor corner unit offers panoramic Ocean and city views from a massive "L" shaped balcony ideal for daytime or nighttime gatherings. The inside of the condo has also been just remodeled by a professional designer using the most up to date materials and Miami trends. Fully furnished, decorated and equipped with electronics, plate ware, glassware, linens and more. Just bring your toothbrush and bathing suit and enjoy what the new MIAMI has to offer. (Artwork is not included in the sale).
Listed by Best Real Estate Plus
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $2,196 a month; taxes $14,182 for 2021. MLS figures, which may not be accurate.
Sales History for This Unit · MEi Condominium Unit 1407
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A11500325 | $2,100,000 | 3/15/24 |
| A10071226 | $1,030,000 | 10/26/16 |
| A1946487 | $1,100,000 | 11/21/14 |
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 ⇅ |
|---|---|---|---|
| 1507 | $1,775,000$1,342/SqFt | 94% | 6/27/25 |
| 507 | $1,500,000$1,134/SqFt | 91% | 4/24/25 |
| 1407 | $2,100,000$1,587/SqFt | 96% | 3/15/24 |
| 607 | $1,450,000$1,096/SqFt | 88% | 8/16/23 |
| 907 | $1,110,000$839/SqFt | 93% | 8/19/21 |
| 1607 | $1,145,000$865/SqFt | 92% | 7/20/21 |
| 507 | $840,000$635/SqFt | 93% | 4/23/21 |
| 2007 | $1,150,000$869/SqFt | 92% | 3/18/21 |
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.
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MEi Condominium Unit 1407, 5875 Collins Avenue · MLS A11182891 · Sold Sep 2022
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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 1407 sold at $1,342 per SqFt, above 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.
