Miami Beach to Palm Beach Luxury Real Estate » Miami to Palm Beach Luxury Real Estate Blog

Setai Condo Sells for $7.8 Million

Andrea — Wed, 03 Apr 2013 19:42:39 +0000

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

Record Breaking Sale for an Oceanfront Penthouse at the Setai Miami Beach

Andrea — Wed, 16 Jan 2013 18:28:11 +0000

Many waterfront estates run over ten million dollars in Miami, but we have never seen prices quite so high for luxury oceanfront condominiums. However, exorbitantly priced penthouses in Miami seems to be the current luxury real estate trend.

The Setai, an exclusive oceanfront condo tower in South Beach, just hit the highest price for a penthouse unit at $27 million. The price tag is the highest ever for a condominium in South Florida, according to real estate records. Located on the 40^th floor, with 4 bedrooms, 4.5 bathrooms and 7100 square feet of luxury living space, this penthouse is an undeniably spectacular residence.

The Setai, is a trendy building, featuring 175 residences with floor-to-ceiling glass windows. Residents enjoy panoramic views of the beach, the ocean and Miami.

A close runner up, an oceanfront penthouse located in the Continuum sold for $25 million. The Continuum is also located in South Beach.

The Setai South Beach

2013 Looks Promising for the Luxury Waterfront Real Estate Market

Andrea — Thu, 03 Jan 2013 21:35:24 +0000

Many real estate investors think that 2013 is going to be an even better year than 2012.

This past year, luxury homes and condominiums were outselling supply, and it looks like this trend will continue, even with many new luxury developments in the works.

A 5,803 square-foot penthouse at the exclusive Setai South Beach recently sold for $21.5 million. The luxury oceanfront penthouse was originally purchased by Netscape founder Jim Clark for $9 million in 2004.

A beachfront penthouse at the Mansions at Acqualina in Sunny Isles Beach is currently on the market for an astounding $55 million. The 15,000 square-foot duplex unit is the second most expensive luxury listing in Miami. The six-bedroom, eight-bathroom unit was furnished by Fendi Casa and features a theater, private elevator, wine room, billiard room, indoor pool, sky garden, waterfall and glass pool overlooking the ocean.

Source: Palm Beach Daily News

Setai South Beach