5875 Collins Ave # 708, Miami Beach FL 33140, MIAMI BEACH, FL, 33140
Active108 days on marketListed Apr 28, 2026MLS #A12009446
About this home
5875 Collins Ave # 708, Miami Beach FL 33140
BE ONE OF THE VERY FEW TO 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.
Facts & features
The home at a glance
3
Bedrooms
3.5
Bathrooms
1,742
Sqft
2
Garage
2008
Year built
$10
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Principal and interest plus estimated taxes and insurance. Run your own numbers below.
$283 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$283/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs MEI CONDO
$10 vs $1,490
Days on market
108 vs 91 typical
Where $10/sqft sits among the 6 homes for sale in MEI CONDO
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Oceanfront
Get to know Miami Beach. See the full Miami Beach guide →
Oceanfront — neighborhood snapshot
Population
11,235
Median age
48
Median income
$110,561
Median home value
$633,292
Avg household
2
Households w/ children
959
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Miami Beach market
$285K → $525K
Miami Beach median sold, yr/yr
95.1%
Sale-to-list ratio (12 mo)
1 of 6
MEI CONDO have cut their price
Median sold price, Miami Beach, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 96% below the MIAMI BEACH 33140 median. See the full Miami Beach market guide →
Paper trail
This home's history
Reality check
What actually sold near 5875 Collins Ave # 708
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jan ’26$2,400,000
5875 Collins Ave # 1908, Miami Beach FL 33140 · same community
3 bd · 3.5 ba · 1,742 sqft · $1,378/sqft · 27 DOM
Sold · May ’26$1,400,000
5875 Collins Ave # 201, Miami Beach FL 33140 · same community
1 bd · 1.5 ba · 1,126 sqft · $1,243/sqft · 330 DOM
Sold · Aug ’25$1,475,000
5875 Collins Ave # 1603, Miami Beach FL 33140 · same community
2 bd · 2.5 ba · 1,094 sqft · $1,348/sqft · 131 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Chad Creech
President, Commercial and Development Services · CENTURY 21 Edge
Tours, negotiation, and every question about 5875 Collins Ave # 708 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5875 Collins Ave # 708 — before you fall in love.
See it in person
Schedule a tour
Live availability from Chad's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
5875 Collins Ave # 708 FAQs
What would the monthly payment be for 5875 Collins Ave # 708, Miami Beach FL 33140?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $283/mo — principal and interest, estimated property taxes and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
Are pets allowed at 5875 Collins Ave # 708, Miami Beach FL 33140?+
The listing reports pets: Restrictions Or Possible Restrictions. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Miami Beach?+
At $17,000, this home is listed about 97% below the Miami Beach median of $649,900. The market section on this page shows how the area is trending.
Which schools are assigned to 5875 Collins Ave # 708, Miami Beach FL 33140?+
North Beach Elementary School (elementary), Miami Beach Nautilus Middle School (middle), Miami Beach Senior High School (high), District Instructional Center (Dic) (), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Under the MIAMI BEACH 33140 market on paper
$17,000 is 96% below the MIAMI BEACH 33140 median of $389,500, and at $10/sqft it sits under the Miami Beach average of $1,073.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Strong assigned schools
North Beach Elementary School, Miami Beach Nautilus Middle School, Miami Beach Senior High School, District Instructional Center (Dic), Instructional Center System Wide, Title I Migrant Education Program — North Beach Elementary School rates 5 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of Partnership Realty Inc. · Jorge Catoggio. MLS #A12009446.
IDX information 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. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
Never miss a listing
New Miami Beach homes, in your inbox
Like 5875 Collins Ave # 708, Miami Beach FL 33140 but not quite? A daily digest of every new listing in Miami Beach — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask Chad to ping you on any price or status change →