Property Details
| Sold Price | $1,500,000 |
|---|---|
| Last Asking Price | $1,650,000 |
| Price per SqFt | $1,134 |
| Maintenance Fee | $2,989 Monthly |
| Property Taxes | Not yet assessed |
| Interior Space | 1,323 SqFt |
| Beds/Baths | 2/2½ |
| Year Built | 2008 |
| Closed Date | 4/24/2025 |
| MLS # | A11668609 |
Location
From the listing
Enjoy this rarely available corner Lanai unit at the boutique MEi Miami Beach. This stunning 2 bed, 2.5 bath residence includes an expansive 1500 sqft terrace. Ideal for entertaining and sunrise and sunset views. The second bedroom features a murphy bed. The MEi is a boutique condominium with 134 residences, offering 5-star service, valet parking, beach access + service, a state-of-the-art pool, fitness center, library, steam room, spa, and more.
Listed by Douglas Elliman
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $2,989 a month. MLS figures, which may not be accurate.
Sales History for This Unit · MEi Condominium Unit 507
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A10846400 | $840,000 | 4/23/21 |
| A1625068 | $830,000 | 11/30/12 |
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 ⇅ |
|---|---|---|---|
| 1507 | $1,775,000$1,342/SqFt | 94% | 6/27/25 |
| 1407 | $2,100,000$1,587/SqFt | 96% | 3/15/24 |
| 607 | $1,450,000$1,096/SqFt | 88% | 8/16/23 |
| 1407 | $1,775,000$1,342/SqFt | 93% | 9/9/22 |
| 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 Douglas Elliman. 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 507, 5875 Collins Avenue · MLS A11668609 · Sold Apr 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 There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values.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 507 sold at $1,134 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.