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5875 Collins Ave # 501, Miami Beach FL 33140
About this home
An elevated oceanfront condominium residence at MEi Miami Beach, where sweeping Atlantic views, expansive terraces, and contemporary interiors define an exceptional coastal lifestyle. Positioned as a northeast corner residence, Unit 501 offers over 1,300 SF of interiors paired with an extraordinary 4,200+ SF wraparound terrace designed for effortless indoor-outdoor living and entertaining. Offered fully furnished, the residence features 2 bedrooms, 2.5 baths, floor-to-ceiling impact glass, open living and dining spaces, and a spacious primary suite with a spa-inspired bath and dual vanities. Natural light fills the interiors while panoramic ocean views extend throughout the residence and outdoor spaces. Enhancing the experience is the intimate setting of MEi, a boutique oceanfront condominium of just 134 residences designed for elevated privacy and service. Residents enjoy a refined collection of resort-style amenities including valet and beach service, a state-of-the-art fitness center, oceanfront pool deck, spa facilities with an infrared sauna and cold-plunge pool, and serene lounge spaces curated for relaxation and wellness. Perfectly positioned along the sands of Miami Beach moments from Bal Harbour Shops, renowned dining, and South Beach, this is a rare opportunity to experience elevated coastal living with exceptional privacy and scale.
Features
- First Floor Entry
- Bar
- Built-in Features
- Cooking Island
- Walk-In Closet(s)
- Other
- Open Balcony
- Ocean View
- Direct Ocean
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $10,108
- HOA
- $3,479 / 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.