NOT LISTED FOR SALE

Estimated Value: $3,662,649 - $4,025,000

2 Beds
2 Baths
1,316 Sq Ft
2004 Built

Sale Details

Date Sold: October 14, 2022

Last sale price $3,300,000 $2,508 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $30,221 / mo

26 Days on Market

Highlights

  • Doorman
  • Bar or Lounge
  • Private Guards
  • Ocean Front
  • Fitness Center
  • 3-minute walk to Collins Park

About This Home

As of October 2022

Beautifully appointed 2 bed & 2 bath residence at the world renowned Setai in South Beach. Enjoy breathtaking views of the ocean, South Beach, Downtown Miami, Biscayne Bay and much more. This apartment is finished with the Setai Hotel's furniture package. Presently being rented thru the hotel program. It can be rented privately in a short term basis. Building amenities include three lap pools with different temperatures, world class spa, gym overlooking the pools, pool bar, towel and waiter service on the beach and pool decks, 24 hour valet, concierge and security.

Last Agent to Sell the Property

Cecilia Solorzano

Suma Luxury Realty License #3310752 Listed on: 09/01/2022

Last Buyer's Agent

Ryan Mendell

Maxwell E Realty Inc License #3012816

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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $36,314

Year Built

  • Built in 2004

HOA Fees

  • $4,601 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking

Property Views

Home Design

  • Elevated Home
  • Entry on the 19th floor

Interior Spaces

  • 1,316 Sq Ft Home
  • Furnished
  • Blinds
  • Wood Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Stacked Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Ocean Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-153-1920

Community Details

Overview

  • High-Rise Community
  • The Setai Condos
  • Setai Resort & Residences,The Setai Subdivision
  • 41-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sauna
  • Trash Chute
  • Bar or Lounge
  • Elevator
  • Secure Lobby

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Private Guards
  • Card or Code Access
  • Secure Stairs
  • High Impact Door
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$36,314

Year Built

Built in 2004

Lot Details

0 Sq Ft Lot

HOA Fees

$4,601 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: 20th and Collins
  • Entry Level: 19
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: SETAI RESORT & RESIDENCES,The Setai
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Closet Cabinetry, Fire Sprinklers, Stacked Bedroom, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Wood
  • Furnished: Furnished
  • Living Area: 1316
  • Possible Use: Secondary
  • Stories: 41
  • Window Features: Blinds
  • Bedroom Features: Master Bath Shower, Master Bath Tub

Exterior Features

  • View: Bay, Ocean View, Skyline
  • Exterior Features: Open Balcony
  • Construction Type: Elevated Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: The Setai
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Covered, Guest, Valet

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Doorman, Card Entry, Lobby Secured, Private Guards, Stairs Secured

Condo/Co-op/Association

  • Association Fee: 4601
  • Amenities: Bar, Elevator(s), Exercise Room, Heated Pool, Pool, Private Pool, Sauna, Spa/Hot Tub, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 02-32-34-153-1920
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 36314

Multi Family

  • Maintenance Expense: 4601

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2022
Closed on
Oct 13, 2022
Sold by
Grupo Jessy-Florida Inc
Bought by
Seller's Agent
Cecilia Solorzano
Suma Luxury Realty
Buyer's Agent
Ryan Mendell
Maxwell E Realty Inc
List Price
$3,490,000
Sold Price
$3,300,000
Premium/Discount to List
-$190,000
-5.44%
Views
23
Current Estimated Value
$3,809,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$509,122
Avg. Annual Appreciation
4.08%

Purchase Details

Closed on
Apr 30, 2004
Sold by
Setai Owners Llc
Bought by
Grupo Jessy Florida Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$770,000
Interest Rate
5.36%
Mortgage Type
Unknown
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,300,000 Chicago Title
Grupo Jessy Florida Inc $1,100,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $770,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/14/2022 10/14/22 Sold $3,300,000 -5.4% $2,508 / Sq Ft
09/28/2022 09/28/22 Pending -- -- --
09/05/2022 09/05/22 For Sale $3,490,000 0.0% $2,652 / Sq Ft
09/04/2022 09/04/22 Off Market $3,490,000 -- --
09/01/2022 09/01/22 For Sale $3,490,000 -- $2,652 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $55,240 $2,884,335
2024 $51,082 $2,703,220
2023 $51,082 $2,703,220 $0 $0
2022 $38,393 $2,006,295 $0 $0
2021 $36,314 $1,858,463 $0 $0
2020 $37,169 $1,919,900 $0 $0
2019 $43,114 $2,258,700 $0 $0
2018 $40,376 $2,402,859 $0 $0
2017 $37,962 $1,822,322 $0 $0
2016 $42,847 $1,656,657 $0 $0
2015 $38,124 $1,506,052 $0 $0
2014 $35,708 $1,369,139 $0 $0
Source: Public Records

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11266944

MIAMI REALTORS® MLS

APN: 02-3234-153-1920

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