Price reducedMLS® A11958762

$3,000,000

↓ Price reduced $600,000 on Oct 21, 2026

5875 Collins Avenue 502, Miami Beach, FL 33140

Beds: 3
Baths: 4
Sqft: 1,725

Est. payment$25,552/mo

Home type: Condominium
Year built: 2008
Lot size: —
Price / sqft: $1,739
HOA: $4,267/mo
Community: MEI CONDO

Property description

Southeast Corner 3 Bedroom 3.5 Bath Oceanfront Residence with a spacious 3,000 sq ft+ terrace on the Ocean. The Mei offers resort style amenities, beach, pool, concierge, state of the art gym, valet and tea room. Located on Collins Avenue close to shopping, entertainment, restaurants and all that Miami Beach has to offer.

Listing activity

Days on market: 261
Listed: Feb 4, 2026
MLS listing updated: Oct 21, 2026
Feed last checked: 5 minutes ago

Listed by Alejandro Diaz Bazan · Coldwell Banker Realty

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 4
Bathrooms (decimal): 3.5
Full bathrooms: 3
Half bathrooms: 1

Rooms & features

Rooms: 0
Interior features: Bedroom Layout - Split, Built-in Features, Closet Cabinetry, Entrance Foyer, Walk-In Closet(s)
Flooring: Other
Appliances: Dishwasher, Disposal, Dryer, Electric Range, Microwave, Oven, Refrigerator, Washer, Other
Window features: Blinds
Other equipment: Other

Heating & cooling

Heating: Electric
Cooling: Central Air, Electric

Property

Parking

Garage spaces: 0
Carport spaces: 0
Covered spaces: 0
Parking features: Guest, Valet
Attached garage: No

Exterior

Stories: 22
Building area: 1,725 sqft
Patio & porch: Patio
Exterior features: Balcony
View: Ocean, Direct Ocean, Water
Waterfront: No Fixed Bridge, Ocean Access, Deeded Beach Access, Ocean
Waterfront property: Yes

Construction

Type & style

Home type: Condominium
Year built: 2008
New construction: No

Materials

Construction: Block, CBS
Property condition: Resale
Faces: Southeast

Utilities & green energy

Not reported by the listing source.

Community & HOA

Community

Subdivision: MEI CONDO
MLS area: 2320
Security: Elevator Secure, Fire Sprinkler System, Lobby - Attended, Secured Garage/Parking, Smoke Detector(s)
Pets allowed: Pet Restrictions Possible, Yes
55+ community: No

Association

Has association: Yes
Association fee: $4,267 monthly
Estimated monthly dues: $4,267
Amenities: Maintenance, Pool, Bike Storage, Clubhouse, Community Room, Elevator(s), Fitness Center, Library, Lobby, Management, Parking, Sauna, Spa/Hot Tub, Trash Chute
Services included: Recreation Facility, Pool Service, Cable TV, Elevator, Insurance, Legal/Accounting, Maintenance Structure, Pest Control, Reserve Funds, Trash, Water

Lease details

Not reported by the listing source.

Location

Area details

City: Miami Beach
County: Miami-Dade
ZIP code: 33140

Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number: A11958762
Possession: Negotiable
Original list price: $3,600,000
Parcel number: 0232140310220
Annual property tax: $50,621
Tax year: 2025
Tax legal description: MEI CONDO UNIT 502 UNDIV 0.998040820% INT IN COMMON ELEMENTS OFF REC 26354-2290

Additional MLS details

Reported by the listing source

Association Amenities: Maintenance, Pool, Bike Storage, Clubhouse, Community Room, Elevator(s), Fitness Center, Library, Lobby, Management, Parking, Sauna, Spa/Hot Tub, Trash Chute
Association Fee Frequency: Monthly
Association Fee Includes: Recreation Facility, Pool Service, Cable TV, Elevator, Insurance, Legal/Accounting, Maintenance Structure, Pest Control, Reserve Funds, Trash, Water
Association: Yes
Bathrooms Total Decimal: 3.5
Bathrooms Total Integer: 4
Building Area Total: 1725
Construction Materials: Block, CBS
County Or Parish: Miami-Dade
Days On Market: 261
Direction Faces: Southeast
Elementary School: North Beach
High School: Miami Beach
List Price: 3000000
Listing Contract Date: 2026-02-04
Living Area: 1725
MLSArea Major: 2320
Middle Or Junior School: Miami Beach Nautilus
Mls Status: Active
On Market Date: 2026-02-04
Patio And Porch Features: Patio
Photos Count: 15
Postal Code: 33140
Price Change Timestamp: 2026-10-21T13:59:55Z
Property Sub Type: Condominium
Property Type: Residential
Rooms Total: 0
Security Features: Elevator Secure, Fire Sprinkler System, Lobby - Attended, Secured Garage/Parking, Smoke Detector(s)
Senior Community: No
Standard Status: Active
State Or Province: FL
Status Change Timestamp: 2026-02-04T13:18:40Z
Stories Total: 22
Subdivision Name: MEI CONDO
Waterfront Features: No Fixed Bridge, Ocean Access, Deeded Beach Access, Ocean
Tax Annual Amount: 50621
Bathrooms Full: 3
Bedrooms Total: 3
Bathrooms Half: 1
Financial Information: Estimated Monthly Assoc Recurring Fee: 4267

Market value

Automated estimate—No licensed valuation source connected

Estimated sales range—Ask Karim for a local market analysis

Estimated rent—No licensed rental valuation source connected

Price history

Date	Event	Price
Feb 4, 2026	ListedMIAMI REALTORS® MLS	$3,600,000$2,087/sqft
Oct 21, 2026	Price reducedMIAMI REALTORS® MLS	$3,000,000$1,739/sqft

Public tax history

Year	Property taxes	Assessment
2025	$50,621	—

Payment calculator

Estimated monthly payment$25,552/moIllustrative estimate, not a loan offer.

Loan typeDown payment (%)Interest rate assumption (%)Loan termInsurance / month

Principal & interest: $15,566
Property taxes: $4,218
Insurance: $1,500
Association dues: $4,267

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

MEI CONDO

Miami Beach · Miami-Dade County · 33140

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

North BeachElementary

—

Miami Beach NautilusMiddle

—

Miami BeachHigh

—

School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

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