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Active Under ContractMLS listing sourceMIAMI REALTORS® MLS
Active Under ContractMLS® A12029631
$1,999,000

5875 Collins Avenue 501, Miami Beach, FL 33140

Beds
2
Baths
3
Sqft
1,322
Est. payment$17,674/mo
Home type
Condominium
Year built
2008
Lot size
—
Price / sqft
$1,512
HOA
$3,479/mo
Community
MEI CONDO

Property description

An elevated oceanfront condominium residence at MEi Miami Beach, where sweeping Atlantic views, expansive terraces, and contemporary interiors define an exceptional coastal lifestyle. Positioned as a northeast corner residence, Unit 501 offers over 1,300 SF of interiors paired with an extraordinary 4,200+ SF wraparound terrace designed for effortless indoor-outdoor living and entertaining. Offered fully furnished, the residence features 2 bedrooms, 2.5 baths, floor-to-ceiling impact glass, open living and dining spaces, and a spacious primary suite with a spa-inspired bath and dual vanities. Natural light fills the interiors while panoramic ocean views extend throughout the residence and outdoor spaces.Enhancing the experience is the intimate setting of MEi, a boutique oceanfront condominium of just 134 residences designed for elevated privacy and service. Residents enjoy a refined collection of resort-style amenities including valet and beach service, a state-of-the-art fitness center, oceanfront pool deck, spa facilities with an infrared sauna and cold-plunge pool, and serene lounge spaces curated for relaxation and wellness. Perfectly positioned along the sands of Miami Beach moments from Bal Harbour Shops, renowned dining, and South Beach, this is a rare opportunity to experience elevated coastal living with exceptional privacy and scale.

Listing activity

Days on market
112
Listed
Jun 4, 2026
MLS listing updated
Sep 24, 2026
Feed last checked
3 minutes ago

Listed by Chad Carroll · Compass Florida, LLC

Map

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

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
2
Bathrooms
3
Bathrooms (decimal)
2.5
Full bathrooms
2
Half bathrooms
1

Rooms & features

Rooms
0
Interior features
Bar, Built-in Features, Kitchen Island, Walk-In Closet(s)
Flooring
Ceramic Tile, Other
Appliances
Dishwasher, Disposal, Dryer, Oven, Refrigerator, Washer

Heating & cooling

Heating
Central, Electric
Cooling
Central Air, Electric
Property

Parking

Garage spaces
2
Garage
Yes
Covered spaces
2
Parking features
Valet
Attached garage
No

Exterior

Stories
22
Building area
5,567 sqft
Entry level
1
Patio & porch
Porch - Wrap Around, Porch - Open, Porch, Deck
Exterior features
Balcony
Pool features
Private
View
Ocean, Direct Ocean
Waterfront
Other, Deeded Beach Access, Ocean
Waterfront property
Yes
Construction

Type & style

Home type
Condominium
Architectural style
Other
Year built
2008
New construction
No

Materials

Construction
CBS
Property condition
Resale
Utilities & green energy

Not reported by the listing source.

Community & HOA

Community

Subdivision
MEI CONDO
MLS area
2320
Security
Elevator Secure, Lobby - Attended, Security System
Pets allowed
Yes
55+ community
No

Association

Has association
Yes
Association fee
$3,479 monthly
Estimated monthly dues
$3,479
Amenities
Pool, Bike Storage, Cabana, Clubhouse, Elevator(s), Fitness Center, Heated Pool, Library, Management, Spa/Hot Tub, Trash Chute, Other
Services included
Pool Service, Cable TV, Common Areas, Elevator, Hot Water, HVAC Maintenance, Maintenance Structure, Security
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
A12029631
Possession
Negotiable
Original list price
$2,075,000
Parcel number
0232140310030
Annual property tax
$33,875
Tax year
2025
Tax legal description
MEI CONDO UNIT 501 UNDIV 0.764556350% INT IN COMMON ELEMENTS OFF REC 26354-2290
Additional MLS details

Reported by the listing source

Association Amenities
Pool, Bike Storage, Cabana, Clubhouse, Elevator(s), Fitness Center, Heated Pool, Library, Management, Spa/Hot Tub, Trash Chute, Other
Association Fee Frequency
Monthly
Association Fee Includes
Pool Service, Cable TV, Common Areas, Elevator, Hot Water, HVAC Maintenance, Maintenance Structure, Security
Association
Yes
Bathrooms Total Decimal
2.5
Bathrooms Total Integer
3
Building Area Total
5567
Construction Materials
CBS
County Or Parish
Miami-Dade
Days On Market
112
Elementary School
North Beach
High School
Miami Beach
List Price
1999000
Listing Contract Date
2026-06-04
Living Area
1322
MLSArea Major
2320
Middle Or Junior School
Miami Beach Nautilus
Mls Status
Active Under Contract
On Market Date
2026-06-04
Patio And Porch Features
Porch - Wrap Around, Porch - Open, Porch, Deck
Photos Count
38
Postal Code
33140
Price Change Timestamp
2026-07-16T16:22:21Z
Property Sub Type
Condominium
Property Type
Residential
Rooms Total
0
Security Features
Elevator Secure, Lobby - Attended, Security System
Senior Community
No
Standard Status
Active Under Contract
State Or Province
FL
Status Change Timestamp
2026-09-24T15:00:47Z
Stories Total
22
Subdivision Name
MEI CONDO
Waterfront Features
Other, Deeded Beach Access, Ocean
Tax Annual Amount
33875
Bathrooms Full
2
Bedrooms Total
2
Bathrooms Half
1
Financial Information: Estimated Monthly Assoc Recurring Fee
3479

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

DateEventPrice
Jun 4, 2026ListedMIAMI REALTORS® MLS$2,075,000$1,570/sqft
Jul 16, 2026Price reducedMIAMI REALTORS® MLS$1,999,000$1,512/sqft

Public tax history

YearProperty taxesAssessment
2025$33,875—

Payment calculator

Estimated monthly payment$17,674/moIllustrative estimate, not a loan offer.
Principal & interest
$10,372
Property taxes
$2,823
Insurance
$1,000
Association dues
$3,479

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.

Nearby homes

12 homes

Similar homes

12 homes
MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of Compass Florida, LLC. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.