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$1,520,000

5875 Collins Ave #903, Miami Beach, FL 33140

Bedrooms
2
Baths
3
Living area
1,094 ft²
Price per ft²
$1,389 / ft²
Type
Condo
Year built
2008
HOA
$2,907 / mo HOA
On market
70 days on market
MLS #
A12076587

Experience refined oceanfront living at the renowned MEi Miami Beach. This contemporary 2-bedroom, 2.5-bath residence features beautiful ocean views, with north-facing windows framing expansive sky and water vistas. The open living and dining areas flow seamlessly onto an impressive 41-foot-wide terrace, ideal for relaxing and entertaining. The modern open kitchen is equipped with premium Thermador appliances. A desirable split-bedroom layout offers privacy, while the spacious primary suite features a walk-in closet and spa-inspired bathroom. Additional conveniences include a powder room, in-unit washer and dryer, and window treatments. MEi offers exceptional resort-style amenities, including a landscaped infinity pool, spa, lush gardens, beach and pool service, clubhouse, library, resident lounge, state-of-the-art fitness center, 24-hour attended lobby, and valet parking. Ideally located on prestigious Millionaire’s Row, just minutes from world-class golf courses, fine dining, and the vibrant attractions of South Beach.

The MiamiLi Read

The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.

  • Price per square footThe asking price per ft² on this listing is $1,389. The median for recorded sales in the same ZIP codes is $598/ft² — putting it 132% above the median.
  • Position in the area’s price distributionThe asking price is $1,520,000; the median of recorded sales in the area is $550,000 (2,485 sales). On raw price that is 176% above the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $2,907 per month comes to $34,884 a year — 2.3% of the asking price. That amount is deducted from rental yield.

How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.

Scope: ZIP codes 33139, 33140, 33141 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.

Monthly mortgage payment

Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.

30%$456,000
Term

7.24% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced October 29, 2026.

Estimated monthly payment$7,251
Loan amount
$1,064,000
Total interest over the term
$1,546,410
Total repaid
$2,610,410

Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.

Coldwell Banker Realty

Listing data provided by the Southeast Florida MLS (MIAMI REALTORS®) IDX feed. Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited.

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