5875 Collins Ave # 708, Miami Beach FL 33140
About this home
BE ONE OF THE VERY FEW TO OWN AND LIVE AT MEI, A REFINED BOUTIQUE OCEANFRONT CONDOMINIUM OF ONLY 134 DWELLINGS, AT THE NORTHERN END OF MIAMI BEACH MILLONAIRES ROW, RIGHT NEXT TO THE EMBLEMATIC BATH CLUB. THE ASIAN INSPIRED LOBBY GREETS YOU TO AMAZING AMENITIES THAT INCLUDE GYM WITH SAUNA, STEAM ROOM AND MASSAGE ROOM; AND A LOUNGE AREA WITH LIBRARY THAT CAN BE RESERVED FOR PRIVATE EVENTS. OUTDOORS THE HEATED POOL DECK WITH SEPARATE JACUZZI LEADS TO THE SCENIC BEACHWALK THAT RUNS ALONG 9 MILES FROM SOUTH POINT PARK TO BAL HARBOUR JETTY, PERFECT FOR WALKING, JOGGING OR BIKING, PASSING ICONIC HOTELS AND OCEAN VIEWS. BEYOND THE BEACHWALK, MEI OFFERS COMPLETE BEACH SERVICES TO ITS RESIDENTS AND THEIR GUESTS. RESIDENCE 708 IS AN EXPANSIVE 3 BEDROOM AND 3.5 BATHROOM UNIT SUROUNDED BY ALMOST 300 SQ FT OF TERRACE WITH VIEWS TO THE CITY, THE INTRACOASTAL AND THE OCEAN. ALL ROOMS HAVE FLOOR TO CEILING HIGH IMPACT GLASS WINDOWS WITH SLIDING DORS OPENING TO THE TERRACE. THE UNIT COMES FULLY EQUIPPED WITH THE CUSTOMARY APPLIANCES AND CENTRAL COOLING AND HEATING.
Features
- First Floor Entry
- Built-in Features
- Closet Cabinetry
- Cooking Island
- Custom Mirrors
- Split Bedroom
- Open Balcony
- Intracoastal View
- Ocean View
- Skyline
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $13,147
- HOA
- $4,267 / mo
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, 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. 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.