Property Details
| Sold Price | $1,315,000 |
|---|---|
| Last Asking Price | $1,400,000 |
| Price per SqFt | $1,199 |
| Maintenance Fee | $2,498 Monthly |
| Property Taxes | $15,071 2023 |
| Interior Space | 1,097 SqFt |
| Beds/Baths | 2/2½ |
| Year Built | 2008 |
| Closed Date | 5/31/2024 |
| MLS # | A11546099 |
Location
From the listing
Indulge yourself in luxury resort living all year round at MEI. Enjoy owning this beautiful, ample, and bright 2-bedroom, 2.5-bath residence with incredible views of the ocean/Intracoastal/city. Living/dining area w/open kitchen featuring contemporary Italian design, wood cabinetry/glass, and top-of-the-line original stainless steel appliances in impeccable condition. Some upgrades include solid wood/glass doors in both bedrooms and all bathrooms, mosaic backsplash in the kitchen and bathrooms, a glass-enclosed shower, and a custom walking closet in the master bedroom. MEI combines understated elegance, modern design, and comfort to make your living here an amazing experience. MEI Miami Beach is a 22-story Asian-inspired oceanfront condominium tower with 132 exclusive residences, on Millionaire’s Row. The building’s amenities include a recently renovated lobby, spa and services, pool area with cabanas, ZEN meditation area, a dog park, library, tea room, fitness center (exclusive to owners only), business center, direct beach access with beach club service, concierge service, and a cordial security and valet staff.
Listed by Peabody Real Estate, LLC
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $2,498 a month; taxes $15,071 for 2023. MLS figures, which may not be accurate.
Sales History for This Unit · MEi Condominium Unit 1005
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A1641022 | $800,000 | 9/17/12 |
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 ⇅ |
|---|---|---|---|
| 605 | $1,250,000$1,139/SqFt | 93% | 10/17/22 |
| 1705 | $1,450,000$1,322/SqFt | 100% | 5/2/22 |
| 1905 | $1,250,000$1,139/SqFt | 93% | 4/13/22 |
| 905 | $820,000$747/SqFt | 102% | 6/9/21 |
| 1705 | $885,599$807/SqFt | 100% | 4/30/21 |
| 1205 | $750,000$684/SqFt | 95% | 4/21/21 |
| 1605 | $710,000$647/SqFt | 95% | 7/15/20 |
| 805 | $850,000$741/SqFt | 89% | 8/13/19 |
For a full analysis of past sales in this building, contact Mark Zilbert.
Listed by Peabody Real Estate, LLC. 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 1005, 5875 Collins Avenue · MLS A11546099 · Sold May 2024
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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 1005 sold at $1,199 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.