$2,795,000
SOLD JUL 29, 2024
2 Beds
2 Baths
1,331 Sq Ft
$5,895/mo HOA Fee

Recently Sold

$2,100 Per Sq Ft

5% Below List Price

381 Days on Market

Highlights

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

About This Home

As of July 2024

Spectacular 2/2, Ocean views and views to the Miami Skyline. Located at the renowned Setai, a 5-star luxury resort. Floor to ceiling glass windows throughout the whole unit. Sonos system wired in all rooms, washer/dryer, 3 pools, 3 restaurants, Bar, private beach club, spa, gym and concierge service. NO RENTAL RESTRICTION, Owner can self manage the unit rentals or have it in the hotel program.

Last Agent to Sell the Property

Noubla Bentayeb

Ocean Vista Properties Inc. License #3314989

Last Buyer's Agent

Noubla Bentayeb

Ocean Vista Properties Inc. License #3314989

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $37,634

Year Built

  • Built in 2004

HOA Fees

  • $5,895 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,331 Sq Ft Home
  • Furnished

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Ocean Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-153-1190

Community Details

Overview

  • High-Rise Condominium
  • Setai Condos
  • Setai Resort & Residences Subdivision
  • 40-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sauna
  • Bar or Lounge
  • Elevator

Recreation

Pet Policy

  • Breed Restrictions

Security

  • Security Service
  • Card or Code Access
  • High Impact Windows
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$37,634

Year Built

Built in 2004

Lot Details

0

HOA Fees

$5,895 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 20
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: SETAI RESORT & RESIDENCES
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Tile, Wood
  • Furnished: Furnished
  • Living Area: 1331
  • Possible Use: Primary
  • Stories: 40
  • Window Features: Complete Impact Glass, High Impact Windows
  • Bedroom Features: At Least 1 Bedroom Ground Level

Exterior Features

  • View: Ocean View, Skyline
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: SETAI
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Doorman, Card Entry, Security Patrol

Condo/Co-op/Association

  • Association Fee: 5895
  • Amenities: Bar, Elevator(s), Exercise Room, Heated Pool, Pool, Sauna
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-34-153-1190
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 37634

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2023
Closed on
Jul 29, 2024
Sold by
Design Italiano Llc
Bought by
Bates Shiloh
Seller's Agent
Noubla Bentayeb
Ocean Vista Properties Inc.
Buyer's Agent
Noubla Bentayeb
Ocean Vista Properties Inc.
List Price
$2,950,000
Sold Price
$2,795,000
Premium/Discount to List
-$155,000
-5.25%
Total Days on Market
381
Views
103
Current Estimated Value
$2,922,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,971
Avg. Annual Appreciation
7.39%
Original Mortgage
$2,236,000
Outstanding Balance
$2,224,533
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$738,727

Purchase Details

Closed on
May 11, 2012
Sold by
Duong Trung Nghia and Bertin Jacqueline
Bought by
Design Italino Llc

Purchase Details

Closed on
Oct 12, 2011
Sold by
Duong Trung Nghia and Bertin Jacqueline
Bought by
Duong Trung Nghia and Bertin Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 30, 2009
Sold by
Marcincin Paul
Bought by
Duong Trung Nghia and Bertin Jacqueline

Purchase Details

Closed on
May 27, 2009
Sold by
Marcincin Terrence
Bought by
Marcincin Paul

Purchase Details

Closed on
Oct 2, 2006
Sold by
Marcincin Paul
Bought by
Marcincin Terrence

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,795,000 Marina Title
Warranty Deed $1,480,000 Clear Title Group Llc
Warranty Deed $1,100,100 Attorney
Interfamily Deed Transfer -- Attorney
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,236,000 New Conventional
Previous Owner $750,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2024 07/29/24 Sold $2,795,000 -5.3% $2,100 / Sq Ft
07/13/2023 07/13/23 For Sale $2,950,000 0.0% $2,216 / Sq Ft
11/22/2014 11/22/14 Rented $22,000 0.0% --
10/23/2014 10/23/14 Under Contract -- -- --
05/01/2014 05/01/14 For Rent $22,000 +46.7% --
10/11/2012 10/11/12 Rented $15,000 -16.7% --
09/11/2012 09/11/12 Under Contract -- -- --
06/10/2012 06/10/12 For Rent $18,000 -- --
Source: MIAMI REALTORS® MLS

Tax History

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
2024 $40,556 $2,181,198 -- --
2023 $40,556 $1,982,908 $0 $0
2022 $37,634 $2,002,938 $0 $0
2021 $36,781 $1,882,372 $0 $0
2020 $37,647 $1,944,600 $0 $0
2019 $39,142 $2,287,800 $0 $0
2018 $35,259 $2,199,854 $0 $0
2017 $30,854 $1,578,482 $0 $0
2016 $33,171 $1,434,984 $0 $0
2015 $35,383 $1,617,618 $0 $0
2014 $32,127 $1,581,250 $0 $0
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11419096

MIAMI REALTORS® MLS

APN: 02-3234-153-1190