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$1,512,702Estimated home value

Beds
2
Baths
2.5
sq ft
1,094

5875 Collins Ave Unit 703, Miami Beach, FL 33140

5875 Collins Ave Unit 703

Miami Beach, FL 33140

  • Sold On 9/5/2024
    • Price drop $15,000↓
Elevate your lifestyle at MEI Miami Beach, a sanctuary that transcends the ordinary, seamlessly blending modern design with timeless luxury. This isn't just a residence; it's an invitation to immerse yourself in the epitome of resort living, where every day unfolds like a vacation, and each moment beckons you to savor life's finest pleasures. Step through the doors of MEI into a world of opulence, where meticulous attention to detail creates an ambiance that exceeds all expectations. More than a home, MEI offers an unparalleled lifestyle, a harmonious fusion of sophistication and comfort. Picture yourself in the dazzling lobby, find tranquility in the TEA lounge, draw inspiration from the ZEN library, and rejuvenate your senses in the spa - each space a testament to refined living.

Details

Property type

Condominium

Est. home value

$1,512,702

Lot size

Unknown

Price per sq ft

$1,326

Year built

2008

Annual property taxes

$14,723

Monthly HOA fee

$2,496

Price History

09/03/2024
SEF

SEF #A11470672

Sold
$1,285,000
-11.38%
07/11/2024
SEF

SEF #A11470672

Pending
$1,450,000
05/22/2024
SEF

SEF #A11470672

Price change
$1,450,000
-1.02%

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

Quick Action Mortgage Inc

Loan start date

October 2019

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

3.58%

Loan type

Balloon

Seller

Hml Mei Corp

Lender

Quick Action Mortgage Inc

Loan start date

October 2019

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

3.58%

Loan type

Balloon

Seller

Hml Mei Corp

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?

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Status: Off Market

Tomo last checked: 10/05/2024 at 10:05 PM

Listing updated: 09/05/2024 at 4:32 PM

Listed by: Juliet Restrepo, Keller Williams Capital Realty Phone #: (305) 662-7325

MLS: SEF #A11470672

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