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5875 COLLINS AVE, Miami Beach 33140
2008
Year Built
132
Units
CI Score
Moderate
6
For Sale
$2.3M
Avg Price
$1,168
Sale $/SF
6
For Rent
$12,750
Avg Rent
$9.73
Rent $/SF
+5.4%
YoY
For Sale
6
For Rent
6
Investor-Owned
82%
Avg HOA
$3,479/mo
MEI Condo is a 132-unit residential building located on Collins Avenue in Miami Beach, built in 2008. The property offers a range of floor plans from 1 to 4 bedrooms, with unit sizes spanning 778 to 3,047 square feet, catering to diverse buyer preferences. With an average price per square foot of $1,184.06 and consistent rental activity, it represents an established option in the Miami Beach market.
Address
5875 COLLINS AVE, Miami Beach, 33140
Neighborhood
Miami Beach
Year Built
2008
Total Units
132
Avg Unit Sqft
1,310 SF
Tier
Luxury
Avg $/SF
$1,167.97
Avg Rent
$12,750/mo
Rent $/SF
$9.73/SF
HOA Range
$2,252 – $4,267
Google Rating
4.4 (90 reviews)
Neighborhood Rank
Top 100%
Avg Unit Value
$1.6M
Total Sales (All-Time)
333
Phone
(305) 867-8222
Amenities
Sale Price Trend ($/SF)
$1,243
Rental Price Trend ($/SF)
$8.23
Building Activity
Days on Market
162
days
Sitting longer
Months of Inventory
9.0
months
Buyer's market
Sale-to-List Ratio
93.6%
Fair negotiation
Price Reductions
100%
of listings
Many price cuts
Closed Sales (120d)
4
transactions
Moderate activity
Active Listings
For Sale (6)

$1000K
Unit 906
$1.5M
Unit 1003
$1.9M

$2.2M
Unit 501
$2.3M

$2.4M
Unit 708For Rent (6)

$4K
Unit 604
$9K
Unit 1803
$11K
Unit 503
$12K
Unit PH-7
$14K
Unit 1807
$16K
Unit 1008Recent Sales
| Date | Price | $/SF | Bed/Bath | SF |
|---|---|---|---|---|
| Feb 19, 2026 | $825K | $990.4 | 1/2 | 833 |
| Jan 5, 2026 | $2.4M | $1,377.73 | 3/4 | 1,742 |
| Aug 13, 2025 | $1.5M | $1,348.26 | 2/2 | 1,094 |
| Jun 17, 2025 | $1.8M | $1,341.65 | 2/2 | 1,323 |
| Apr 21, 2025 | $1.5M |
Total Units
132
Avg Sqft
1,310 SF
Avg Assessed
$1.3M
Owner-Occupied
18%
Tax & Ownership
Investor-Owned
82%
Owner-Occupied
18%
Avg Assessed Value
$1.3M
Avg Taxable Value
$1.3M
Effective Year Built
2008
Zoning
4100
Unit Mix
Avg 829 SF
Avg 1,253 SF
Avg 1,734 SF
Avg 3,047 SF
Unit Directory
Showing 10 of 132 units| Unit | Beds | Baths | SF | Assessed | Owner | Last Sale | $/SF | Sale Date |
|---|---|---|---|---|---|---|---|---|
| 201 | 1 | 1 | 1,084 | $1.3M | — | $1.1M | $969 | Dec 2021 |
| 202 | 1 | 1 | 1,084 | $800K | ✓ | $1.1M | $1,000 | Sep 2015 |
| 401 | 2 | 2 | 2,168 | $2.3M | ✓ | $2.7M | $1,245 | Nov 2020 |
| 501 | 2 | 2 | 1,322 | $1.8M | — | $1.9M | $1,437 | Feb 2025 |
| 502 | 3 | 3 | 1,725 | $2.7M | — | $2.3M | $1,348 | Sep 2024 |
| 503 | 2 | 2 | 1,094 | $1.0M | — | $1.3M | $1,179 | Mar 2023 |
| 504 | 1 | 1 | 778 | $440K | ✓ | $405K | $521 | Jan 2021 |
| 505 | 2 | 2 | 1,097 | $811K | — | $585K | $533 | May 2009 |
| 506 | 1 | 1 | 833 | $542K | — | $745K | $894 | Jul 2015 |
| 507 | 2 | 2 | 1,323 | $1.1M | — | $1.5M | $1,134 | Apr 2025 |
Top Agents in This Building

Compass
Compass
Compass
Douglas EllimanTop Brokerages in This Building
| Brokerage | Agents | Sales | Volume |
|---|---|---|---|
Compass | 20 | 38 | $62.0M |
Douglas Elliman | 13 | 20 | $33.9M |
ONE Sotheby's International Realty | 10 | 12 | $15.0M |
M Maxwell E Realty Inc | 1 | 5 | $14.7M |
B Best Real Estate Group | 1 | 10 | $10.5M |





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Neighborhood
Miami Beach →
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Building Snapshot
| $1,133.79 |
| 2/2 |
| 1,323 |
| Feb 21, 2025 | $2.7M | $1,565.22 | 3/3 | 1,725 |
| Feb 4, 2025 | $1.9M | $1,437.22 | 2/2 | 1,322 |
| Sep 23, 2024 | $2.3M | $1,347.83 | 3/3 | 1,725 |
| Sep 3, 2024 | $1.3M | $1,174.59 | 2/2 | 1,094 |
| Jul 9, 2024 | $935K | $1,122.45 | 1/1 | 833 |
| May 30, 2024 | $1.3M | $1,198.72 | 2/2 | 1,097 |
| May 21, 2024 | $1.5M | $1,361.97 | 2/2 | 1,094 |
| Mar 14, 2024 | $2.1M | $1,587.3 | 2/2 | 1,323 |
| Feb 6, 2024 | $2.5M | $1,872.16 | 2/2 | 1,322 |
| Feb 2, 2024 | $2.2M | $1,319.74 | 2/2 | 1,667 |
| Feb 2, 2024 | $930K | $1,116.45 | 1/2 | 833 |
| Aug 24, 2023 | $850K | $1,092.54 | 1/1 | 778 |
| Aug 11, 2023 | $1.4M | $1,095.99 | 2/2 | 1,323 |
| May 15, 2023 | $825K | $990.4 | 1/1 | 833 |
| Apr 10, 2023 | $3.9M | $2,231.88 | 3/3 | 1,725 |
| Mar 15, 2023 | $1.3M | $1,179.16 | 2/2 | 1,094 |
| Mar 15, 2023 | $1.4M | $1,302.56 | 2/2 | 1,094 |
| Feb 27, 2023 | $810K | $1,041.13 | 1/1 | 778 |
| Nov 1, 2022 | $740K | $888.36 | 1/1 | 833 |
| Oct 31, 2022 | $1.2M | $1,096.89 | 2/2 | 1,094 |