$1,640,000

5875 Collins Ave Unit 1603 Miami Beach, FL 33140

$10,000
Closing credit¹
2 beds
2 full, 1 partial
1,094 sqft
$1,499 / sqft
Condo

Property details

About 5875 Collins Ave Unit 1603

Impeccable 2-bed, 2.5-bath condo in the prestigious MEI, an exclusive boutique-style luxury building inspired by Asian design in the highly sought-after Millionaire’s Row in Miami Beach. Used solely as a vacation home, never rented, and with less than two months of annual use, this stunning residence features marble flooring throughout, built-in furniture for maximum convenience and style, and abundant natural light in every room with breathtaking ocean views. The MEI offers world-class amenities, including a newly renovated lobby with 24-hour concierge, valet parking, a TEA lounge, a serene ZEN library, direct oceanfront access with daily beach service, a state-of-the-art fitness center, and yoga and massage rooms.

Highlights

Home typeCondominium
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Size1,094 sqft
Year built2008
ParkingTwo or More Spaces
MLS #A11765395
Garage2 spaces
WaterfrontOcean Front
ViewOcean

Virtual tour

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Flooring Type: Marble
  • Interior: Closet Cabinetry, Other, Split Bedrooms
  • Total Bedroom Count: 2
  • Garage Space: 2 spaces
  • Parking: Two or More Spaces
  • Waterfront: Ocean Front
  • View: Ocean
  • Exterior: Balcony, Security/High Impact Doors
  • Architectural Style: Split Level
  • Heating: Central, Electric
  • Cooling: Central Air, Electric
  • List Price: $1,640,000
  • Price/SqFt: $1,499
  • HOA Amount: $2,758
  • HOA Frequency: Monthly
  • Year Built: 2008
  • Living Area: 1,094 SqFt
  • MLS Number: A11765395
  • MLS Name: SEFMIAMI
  • Office Name: Jasal Int'l Realty
  • Office Phone: (786) 350-1222
  • Office Email: jasal@jasal.us
  • Listing Agent: Armando Javier

IDX © 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2025, 11:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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aerial view with a city view, a beach view, and a water view

$1,640,000

5875 Collins Ave Unit 1603

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

7

Biscayne Elementary School

Public District PK-5

1.5 mi

800 77th St

3

Treasure Island Elementary School

Public District PK-5

1.7 mi

7540 E Treasure Dr

10

North Beach Elementary School

Public District PK-5

2.0 mi

4100 Prairie Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $46,400. Residents of Miami Beach, FL typically earn between $35k-100k each year. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

36%
<35k
44%
35k-100k
16%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

55%
Single, No Kids
5%
Single, with Kids
32%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

5%
<11 yrs old
3%
12-17 yrs old
13%
18-34 yrs old
43%
35-64 yrs old
36%
65+ yrs old

What do the neighbors do for fun?

  • Live TheatreLive Theatre
  • Hiking/backpackingHiking/backpacking
  • TennisTennis

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • Crate & BarrelCrate & Barrel
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • StarbucksStarbucks
  • The Cheesecake FactoryThe Cheesecake Factory

What do the neighbors drive?

  • MercedesMercedes
  • AudiAudi
  • BMWBMW

What do the neighbors listen to?

  • NewsNews
  • AlternativeAlternative
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5875 Collins Ave Unit 1603

The listing price of 5875 Collins Ave Unit 1603 property is $1,640,000.

The property 5875 Collins Ave Unit 1603 is a condo located in Miami Beach, Florida, 33140.

Active Listing: 5875 Collins Ave Unit 1603 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5875 Collins Ave Unit 1603 are: Biscayne Elementary School (GreatSchools Rating 7/10), Treasure Island Elementary School (GreatSchools Rating 3/10), North Beach Elementary School (GreatSchools Rating 10/10), Nautilus Middle School (GreatSchools Rating 4/10), Mater Academy Miami Beach (GreatSchools Rating 5/10), Horace Mann Middle School (GreatSchools Rating 4/10), Miami Beach Senior High School (GreatSchools Rating 4/10), Design & Architecture Senior High School (GreatSchools Rating 10/10), Itech@Thomas a Edison Educational Center (GreatSchools Rating 8/10).

The property at 5875 Collins Ave Unit 1603 has 2 bedrooms and 2 full and 1 half bathrooms.

The property 5875 Collins Ave Unit 1603 is 1,094 SqFt (source: MLS/tax record).

The year of construction for 5875 Collins Ave Unit 1603 is 2008.

This home is located at 5875 Collins Ave Unit 1603 in Miami Beach, FL and zip code 33140 in the Ocean Front neighborhood. This 1,094 square foot home was built in 2008. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 21, 2025 and is currently priced at $1,640,000.

Miami Beach, FL housing market in April 2025 saw over 2 listings sold above listed price, more than 11 sold at listed price and over 129 sold below. The number of homes for sale in Miami Beach, FL increased by 7.5% between March and April 2025. While the average time on the market in April 2025 was 102 days, the median list price was $698,200.

From Rocket Homes Real Estate and based on county public records data.

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