$2,600,000
SOLD APR 25, 2025
2 Beds
2 Baths
1,213 Sq Ft
$5,642/mo HOA Fee

Recently Sold

$2,143 Per Sq Ft

5% Below List Price

149 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 April 2025

Breathtaking ocean and sunset views of the Downtown Miami Skyline from this exceptional beach residence at the acclaimed 5-Star Setai. SW corner unit residence featuring 2bed/2bath split bedroom incredible layout. One of a kind design & finishes including floor to ceiling windows, hardwood floors and extra private balcony. Enjoy access to all the lavish Setai amenities including an upscale full spa, three pools with different temperatures, ocean front bar/restaurant, private beach access with food and beverage service, a variety of culinary experiences including modern Asian cuisine at Jaya Restaurant, Japon sushi and concierge service at your fingertips. Ideally situated in the heart of South Beach, The Setai is widely regarded as South Beach's most prestigious property.

Last Agent to Sell the Property

Julian Cohen

Douglas Elliman License #3250730 Listed on: 11/27/2024

Douglas Elliman

Last Buyer's Agent

Rafael Guilarte

Residence Realty Inc. License #3396486

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $39,130

Year Built

  • Built in 2004

Lot Details

  • Ocean Front
  • Southwest Facing Home

HOA Fees

  • $5,642 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Property Views

Home Design

  • Entry on the 23rd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,213 Sq Ft Home
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows

Outdoor Features

  • Property has ocean access
  • Exterior Lighting

Schools

  • South Pointe Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-153-1220

Community Details

Overview

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

Amenities

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

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • High Impact Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$39,130

Year Built

Built in 2004

Lot Details

0

HOA Fees

$5,642 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 23
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access,Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: SETAI RESORT & RESIDENCES
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Lobby, Closet Cabinetry, Entrance Foyer, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Foyer
  • Flooring: Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 1213
  • Possible Use: Unknown/Withheld
  • Stories: 40
  • Window Features: Clear Impact Glass, Complete Impact Glass, Blinds, High Impact Windows, Impact Glass
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • View: Ocean View, Direct Ocean, Skyline
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Southwest
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: SETAI RESORT & RESIDENCES
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Valet

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Doorman, Card Entry, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 5642
  • Amenities: Bar, Elevator(s), Exercise Room, Exterior Lighting, Heated Pool, Sauna, Spa/Hot Tub, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: South Pointe
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-32-34-153-1220
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Appliances, Windows

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 39130

Multi Family

  • Number Of Units In Community: 160
  • Number Of Units Total: 160

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2024
Closed on
Apr 25, 2025
Sold by
Setai 2302 Llc
Bought by
Miami Entertainment Rental Llc
Seller's Agent
Julian Cohen
Douglas Elliman
Buyer's Agent
Rafael Guilarte
Residence Realty Inc.
List Price
$2,750,000
Sold Price
$2,600,000
Premium/Discount to List
-$150,000
-5.45%
Views
3
Current Estimated Value
$2,670,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,311
Avg. Annual Appreciation
4.00%

Purchase Details

Closed on
Apr 30, 2013
Sold by
Azur Miami Llc
Bought by
Setai 2302 Llc

Purchase Details

Closed on
Apr 2, 2012
Sold by
Segui David
Bought by
Azur Miami Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$910,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
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 $2,600,000 None Listed On Document
Warranty Deed $2,600,000 None Listed On Document
Warranty Deed $11,580 Sun Trust Title Llc
Warranty Deed $1,465,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $910,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2025 04/25/25 Sold $2,600,000 -4.9% $2,143 / Sq Ft
03/04/2025 03/04/25 Price Changed $2,735,000 -0.5% $2,255 / Sq Ft
11/27/2024 11/27/24 For Sale $2,750,000 0.0% $2,267 / Sq Ft
07/31/2024 07/31/24 Rented $12,750 -12.1% --
07/23/2024 07/23/24 Under Contract -- -- --
06/18/2024 06/18/24 For Rent $14,500 -- --
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

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 $38,687 $1,947,286 -- --
2024 $37,149 $1,997,917 -- --
2023 $37,149 $1,816,289 $0 $0
2022 $33,125 $1,724,230 $0 $0
2021 $31,763 $1,567,482 $0 $0
2020 $31,349 $1,619,300 $0 $0
2019 $36,916 $1,905,000 $0 $0
2018 $34,444 $1,831,713 $0 $0
2017 $31,710 $1,665,194 $0 $0
2016 $41,257 $2,123,972 $0 $0
2015 $40,077 $2,022,830 $0 $0
2014 $37,362 $1,838,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11700170

MIAMI REALTORS® MLS

APN: 02-3234-153-1220