Property Details
| Sold Price | $1,900,000 |
|---|---|
| Last Asking Price | $2,350,000 |
| Price per SqFt | $1,437 |
| Maintenance Fee | $3,303 Monthly |
| Property Taxes | $23,377 2024 |
| Interior Space | 1,322 SqFt |
| Beds/Baths | 2/2½ |
| Furnished | Yes |
| Year Built | 2008 |
| Closed Date | 2/10/2025 |
| MLS # | A11714096 |
Location
From the listing
From breathtaking ocean views to unmatched elegance, Residence 501 at MEi Miami Beach is the perfect opportunity for sophisticated buyers seeking a quintessential seaside escape. This fully furnished, Northeast Corner 2 bed/2.5 bath home updated in 2021 and features contemporary finishes. Unwind in the stunning master suite, or entertain from your private, 4,252 square foot wraparound terrace. With its prime location and endless amenities, this stunning residence is a rare opportunity to experience the ultimate in oceanfront luxury. MEi is a boutique condominium of just 134 residences, offering a 5-star service environment including valet parking, beach access, state of the art pool, fitness center, tea lounge & library, spa, infrared sauna, cold-plunge pool, and much more.
Listed by Compass Florida, LLC.
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $3,303 a month; taxes $23,377 for 2024. MLS figures, which may not be accurate.
Sales History for This Unit · MEi Condominium Unit 501
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A12029631 | $1,875,000 | 10/7/26 |
| A11110266 | $2,150,000 | 12/14/21 |
| A10739073 | $1,000,000 | 10/17/19 |
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 ⇅ |
|---|---|---|---|
| 501 | $1,875,000$1,418/SqFt | 94% | 10/7/26 |
| 2001 | $2,475,000$1,797/SqFt | 88% | 2/7/24 |
| 901 | $2,388,000$1,806/SqFt | 85% | 4/26/22 |
| 501 | $2,150,000$1,626/SqFt | 100% | 12/14/21 |
| 601 | $1,300,000$983/SqFt | 93% | 11/24/21 |
| 1901 | $1,460,000$1,104/SqFt | 88% | 6/21/21 |
| 1101 | $1,595,000$1,207/SqFt | 100% | 4/9/21 |
| 1101 | $1,250,000$946/SqFt | 89% | 9/23/20 |
For a full analysis of past sales in this building, contact Mark Zilbert.
Listed by Compass Florida, 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.
Ask Mark About This Listing
MEi Condominium Unit 501, 5875 Collins Avenue · MLS A11714096 · Sold Feb 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 501 sold at $1,437 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.