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Waterfront · Condominium
$3,700,000$2,145 / sqft
5875 Collins Ave # 1102, Miami Beach FL 33140
Listed
3
Bedrooms
4
Bathrooms
1,725 sqft
Interior
2008
Year built
$4,495 / mo
HOA
Condominium
Type
About this home
The most premier line at MEi, featuring the building’s largest layout and one of only two direct oceanfront corner floor plans. This coveted southeast corner setting offers sweeping views, from sunrises over the ocean to sunsets over the Downtown Miami skyline. This renovated 3-bedroom, 3.5-bath corner residence spans 1,725 SF and is wrapped in floor-to-ceiling glass, creating a seamless connection between the interiors and Miami Beach’s most sought-after views. A flow-through floor plan is complemented by a sleek renovated kitchen, wide-plank Italian engineered wood flooring, and sophisticated contemporary finishes throughout. An expansive 800 SF wraparound terrace extends the living space outdoors, with terrace access from every room and an impressive 8-foot-deep balcony. The MEi is a luxury boutique building and one of the few newer oceanfront residences in Miami Beach. This Asian-inspired boutique building offers an elevated resort lifestyle with full beach service, swimming pool, spa rooms, fitness center, yoga studio, sauna, cold plunge, Zen library, valet, concierge, and more.
Features
- First Floor Entry
- Open Balcony
- Ocean View
- Direct Ocean
- Skyline
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
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 3-bed rentals in Miami Beach, from 103 active listings; the middle half ask $9,000–$38,000.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.