Posts Tagged With 'Luxury Condos'

Setai Condo Sells for $7.8 Million

Setai Condo Sells for $7.8 Million

A luxury oceanfront condo residence in the Setai Miami Beach sold for $7.8 million. This is the highest price paid for a non-penthouse unit at the exclusive tower.

The 3-bedroom, 3.5-bathroom condominium contains 2,258 square feet, translating to $3,045 per square foot. The unit has panoramic ocean views, floor-to-ceiling glass and high-end finishes. In January, a Setai penthouse residence sold for a staggering $27 million.

At 40 stories, the Setai is one of the tallest oceanfront, residential towers in Miami Beach. The building offers amenities, such as a spa, staffed fitness center, 3 pools, maid service and room service.

Contact Niki Higgins at 1.888.242.4422 to inquire about other luxury condos for sale in the Setai.

Source: The Real Deal

Setai, Luxury Condos in Miami Beach

Setai, Luxury Condos in Miami Beach

Palm Beach Real Estate Increases

The Ritz-Carlton Residences is a luxury development in Palm Beach that will include two beautiful condominium towers located right on the beach. Recently, twenty five million dollars worth of condo units were sold, bringing pre-construction sales to 70 percent. The Ritz-Carlton Residences were originally the 2700 North Ocean Drive condominiums.

“When we bought, we weren’t aware that this part of the coastline was so heavily used for turtle nesting,” Sternberg said. “Initially we thought this was a liability, but we said ‘let’s’ make it a positive.”

Lionheart invested about one hundred thousand dollars to protect the turtles. This paid for turtle-friendly, amber-colored outdoor lights, and new beach furniture that could be removed at night.

Residents will be educated about the turtles and their nesting season through a newsletter.

Source: South Florida Business Journal