Mei
Condos for Sale in Miami Beach, FL

Mei Condo market snapshot (as of September 20, 2026): the median sale price is about $1.11M ($1152 per sq ft over the trailing 12 months of closed sales), and a median 162 days on market for closed sales. The trailing-12-month median is down 37% from the prior 12 months, computed from record-level MIAMI MLS closed sales (4 closings in the current window).

In ZIP 33140 (Miami Beach), 1,116 homes closed in the last 12 months at a median of $570K ($327/sq ft), up 3.9% year over year, with a median 70 days on market. Right now 727 active and 140 pending listings — a buyer's market. See the live ZIP 33140 housing market and the Miami-Dade County market.

MIAMI REALTORS sales records identify 43 homes in MEI Condo that have changed hands since 2011, built between 2007 and 2008 (median 2008), with a median living area of about 1,322 sq ft and a typical 2-bedroom, 2.5-bath layout; 100% are condominiums. Source: MIAMI REALTORS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

MEI Condo sits in the higher end of the Miami-Dade condo market on a price-per-square-foot basis, but with only a handful of closings feeding the trend line, the current read is directional rather than definitive.

Five closings is a small enough sample that a single high-floor or heavily renovated unit can swing the median meaningfully. Treat the $1,400,000 median and $1,243.34 per-square-foot figure as a snapshot of what recently traded, not a fixed ceiling or floor for the building.

The 131-day median days-on-market figure signals a building where pricing has to be right from the start; overpriced listings appear to be sitting rather than getting bid up. The 14.5% year-over-year decline reinforces that sellers here are better served by comparable-sale evidence than by anchoring to prior-year pricing. Community amenity details were not identified from current MLS listings, so buyers should confirm building amenities directly with the association or listing agent rather than assuming from price point alone.

In a building trading on so few closings, the difference between a fair offer and an overpay is the depth of the comparable-sale work behind it. We pull the actual recent closings, adjust for unit-level condition and view, and price and negotiate MEI Condo listings against that evidence rather than the median alone.

Listings in this community report association dues of about $3,500 per month ($42,000 a year) — the median AssociationFee across 27 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-10.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.