$4,395,000
RENTED MAY 7, 2025

Estimated payment $33,701/month

Total Views 1,287
2 Beds
2 Baths
1,279 Sq Ft
$3,436 Price per Sq Ft

Highlights

  • Valet Parking
  • Bar or Lounge
  • Fitness Center
  • Direct Ocean View
  • Private Beach Pavilion
  • 3-minute walk to Collins Park

About This Home

Stunning Direct Ocean View 2-Bedroom at The Setai – Miami Beach. A rare opportunity to own at one of South Beach’s most iconic addresses. This substantially renovated two-bedroom residence at The Setai offers breathtaking, unobstructed ocean views with coveted northeast exposure — a front-row seat to spectacular sunrises. No detail has been spared in the high-end renovation. The home features sleek ceramic flooring, electric shades, designer lighting, and a premium appliance package including Gaggenau and Sub-Zero. The Setai is renowned for its award-winning hospitality, architectural significance, and serene ambiance in the heart of Miami Beach. Enjoy the perfect blend of privacy, luxury, and vibrant city living just steps from the best of South Beach.

Listing Agent

Julissa Duarte

One Sotheby's International Re License #3251907 Listed on: 04/24/2025

One Sotheby's International Re

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $49,485

Year Built

  • Built in 2004

Lot Details

  • Waterfront
  • East Facing Home

HOA Fees

  • $5,815 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Property Views

Interior Spaces

  • 1,279 Sq Ft Home
  • Built-In Features
  • Blinds
  • Combination Dining and Living Room
  • Ceramic Tile Flooring

Kitchen

  • Built-In Oven
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • 2 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-153-2140

Community Details

Overview

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

Amenities

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

Recreation

  • Private Beach Pavilion
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Clear Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$49,485

Year Built

Built in 2004

Lot Details

0

HOA Fees

$5,815 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: Co-Op 5+ Stories, Condo
  • Subdivision Name: SETAI RESORT & RESIDENCES
  • Year Built Details: Effective Year Built
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor
  • Living Area: 1279
  • Stories: 40
  • Window Features: Clear Impact Glass, Blinds
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • View: Ocean View, Direct Ocean, Pool Area View
  • Exterior Features: Open Balcony
  • Construction Type: Other
  • Direction Faces: East
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Waterfront
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Setai resort
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Other

Condo/Co-op/Association

  • Association Fee: 5815
  • Amenities: Bar, Clubhouse-Clubroom, Elevator(s), Exercise Room, Heated Pool, Pool, Private Beach Pavilion, Sauna, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-34-153-2140
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 153
  • Number Of Units Total: 153

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 49485

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2025 $51,548 $2,842,328 -- --
2024 $48,999 $2,583,935 -- --
2023 $48,999 $2,349,032 $0 $0
2022 $44,583 $2,372,760 $0 $0
2021 $49,866 $2,552,035 $0 $0
2020 $51,040 $2,636,400 $0 $0
2019 $60,106 $3,101,700 $0 $0
2018 $56,626 $3,011,358 $0 $0
2017 $56,013 $2,846,736 $0 $0
2016 $54,515 $2,587,942 $0 $0
2015 $52,817 $2,352,675 $0 $0
2014 $50,457 $2,138,796 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2025 05/07/25 Rented $16,000 -20.0% --
05/07/2025 05/07/25 Under Contract -- -- --
05/02/2025 05/02/25 Price Changed $20,000 0.0% $16 / Sq Ft
04/24/2025 04/24/25 For Sale $4,395,000 0.0% $3,436 / Sq Ft
04/16/2025 04/16/25 For Rent $15,000 -- --
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $3,800,000 Attorney
Quit Claim Deed -- Attorney
Warranty Deed $2,300,000 Greenwich Title Services Inc
Warranty Deed $2,425,000 Attorney
Warranty Deed $2,275,000 Florida Title Escrow & Abstr
Quit Claim Deed -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,000,000 New Conventional
Previous Owner $1,820,000 Unknown
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11788557

MIAMI REALTORS® MLS

APN: 02-3234-153-2140