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Waterfront · Condominium
$4,770,000$2,200 / sqft
5875 Collins Ave # 401, Miami Beach FL 33140
Listed
2
Bedrooms
2
Bathrooms
2,168 sqft
Interior
2008
Year built
None
HOA
Condominium
Type
About this home
A truly one-of-a-kind direct oceanfront residence at MEi Miami Beach, thoughtfully created by combining two residences into an extraordinary home. The only residence of its kind at MEi and one of the most unique homes in Miami Beach. Residence 401/402 offers unobstructed ocean views from every room. A private elevator opens directly into this fully renovated, fully automated smart home with soaring 12-foot ceilings, generous living spaces, and high-end finishes. This spacious lay-out includes both a primary suite and a junior primary suite, each with its own private oceanfront terrace. The chef’s kitchen features Wolf and Sub-Zero appliances, custom cabinetry, and premium finishes. An exceptional feature of this residence is its two expansive private rooftop terraces, providing an extraordinary setting for outdoor living, entertaining, dining, and enjoying panoramic ocean and skyline views. MEi Miami Beach is an exclusive boutique oceanfront condominium offering hotel-style amenities, including beach service, oceanfront pool, spa, fitness center, concierge, valet, and 24-hour security. Located steps from the beach, on prestigious Millionaire’s Row, this exceptional home is just minutes from Bal Harbour, South Beach, world-class dining, luxury shopping, and Miami’s most sought-after destinations.
Features
- Closet Cabinetry
- Fire Sprinklers
- Split Bedroom
- Walk-In Closet(s)
- No Additional Rooms
- Open Balcony
- Other
- Ocean View
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 2-bed rentals in Miami Beach, from 200 active listings; the middle half ask $3,500–$10,000.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.