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$1,850,000

Beds
2
Baths
2.5
sq ft
1,323

5875 Collins Ave Unit 507, Miami Beach, FL 33140

5875 Collins Ave Unit 507

Miami Beach, FL 33140

  • 16 days on market
    • Open house Oct 29
Enjoy this rarely available corner Lanai unit at the boutique MEi Miami Beach. This stunning 2 bed, 2.5 bath residence includes an expansive 1500 sqft terrace. Ideal for entertaining and sunrise and sunset views. The second bedroom features a murphy bed. The MEi is a boutique condominium with 134 residences, offering 5-star service, valet parking, beach access + service, a state-of-the-art pool, fitness center, library, steam room, spa, and more.

Details

Property type

Condominium

Est. home value

$1,529,636

Lot size

Unknown

Price per sq ft

$1,399

Year built

2008

Monthly HOA fee

$2,989

Price History

10/02/2024
SEF

SEF #A11668609

Listed
$1,850,000
+120.24%
04/23/2021
SEF

SEF #A10846400

Sold
$840,000

Schools & Community

Neighborhood: 

Oceanfront

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Sdg Capital Llc

Loan start date

June 2023

Original loan amount

$0

Est. remaining balance

Not provided

Interest rate

6.35%

Loan type

Not Provided

Seller

Kirk Mckeown and Marjorie Mckeown

Lender

Sdg Capital Llc

Loan start date

June 2023

Original loan amount

$0

Est. remaining balance

Not provided

Interest rate

6.35%

Loan type

Not Provided

Seller

Kirk Mckeown and Marjorie Mckeown

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 10/18/2024 at 6:15 AM

Listing updated: 10/17/2024 at 4:00 PM

Listed by: Liora Rahimi, Douglas Elliman Phone #: (305) 677-5000

MLS: SEF #A11668609

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