$3,925,000
SOLD APR 15, 2025
2 Beds
2 Baths
1,279 Sq Ft
2004 Built

Recently Sold

$3,069 Per Sq Ft

13% Below List Price

128 Days on Market

Highlights

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

About This Home

As of April 2025

This rarely available northeast corner residence features floor to ceiling glass throughout with a wraparound terrace affording panoramic views from the ocean and beaches to the bay and city lights! Designed by prominent international architect and interior designer, Carlo Rampazzi founder of Selvaggio, this one-of-a-kind home at The Setai is the epitome of elegance and glamour. The 5-star Setai resort is a member of the award-winning Leading Hotels of the World, featuring 3 on site restaurants, including Jaya, the Ocean Grill and Japon! Beachside, poolside and room services are available, three infinity pools, with a full-service spa and training facilities.

Last Agent to Sell the Property

Diana Garchitorena

Douglas Elliman License #3040036 Listed on: 10/21/2024

Douglas Elliman

Last Buyer's Agent

Cecilia Solorzano

Suma Luxury Realty License #3310752

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $50,504

Year Built

  • Built in 2004

Lot Details

  • Ocean Front
  • East Facing Home

Parking

  • 1 Car Attached Garage
  • Guest Parking

Property Views

Home Design

  • Concrete Block And Stucco Construction
  • Piling Construction

Interior Spaces

  • 1,279 Sq Ft Home
  • Furnished
  • Entrance Foyer
  • Open Floorplan

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-153-2170

Community Details

Overview

  • Property has a Home Owners Association
  • High-Rise Condominium
  • Setai Residences Condos
  • Setai Resort & Residences,Setai Residences Subdivision
  • 40-Story Property

Amenities

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

Recreation

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $5,949

Security

  • Security Service
  • Complete Impact Glass
  • High Impact Door
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$50,504

Year Built

Built in 2004

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Entry Level: 23
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • Master Model: 07
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: SETAI RESORT & RESIDENCES,Setai Residences
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Fire Sprinklers, Entrance Foyer, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Marble, Wood
  • Furnished: Furnished, Unfurnished
  • Living Area: 1279
  • Possible Use: Unknown/Withheld
  • Stories: 40
  • Window Features: Clear Impact Glass, Complete Impact Glass
  • Bedroom Features: Entry Level, Primary Bath Tub
  • Dining Room Features: Dining/Living Room, Family/Dining Combination
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Ocean View, Direct Ocean, Pool Area View
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: Concrete Block Construction, CBS Construction, Piling Construction
  • Direction Faces: East
  • Patio And Porch Features: Open Balcony, Wrap Around
  • Pool Private: No
  • Property Condition: Piling Construction
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Fire Sprinklers, Doorman, Lobby Secured, Security Patrol

Condo/Co-op/Association

  • Amenities: Bar, Elevator(s), Exercise Room, Exterior Lighting, Heated Pool, Other, Pool, 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: 02-32-34-153-2170
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 5949

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 50504

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2024
Closed on
Apr 15, 2025
Sold by
Altholz Andre and Altholz Naomi
Bought by
2307-101 Setai Llc
Seller's Agent
Diana Garchitorena
Douglas Elliman
Buyer's Agent
Cecilia Solorzano
Suma Luxury Realty
List Price
$4,499,000
Sold Price
$3,925,000
Premium/Discount to List
-$574,000
-12.76%
Views
7
Current Estimated Value
$4,033,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,758
Avg. Annual Appreciation
8.92%

Purchase Details

Closed on
Jun 9, 2010
Sold by
Turret Inc
Bought by
Altholz Andre and Altholz Naomi

Purchase Details

Closed on
Jun 10, 2008
Sold by
Hampdon Property Llc
Bought by
Turret Inc
Source: Public Records

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Range of Values:

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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 $3,925,000 First American Title Insurance
Warranty Deed $2,100,000 Attorney
Warranty Deed $2,550,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2025 04/15/25 Sold $3,925,000 -12.8% $3,069 / Sq Ft
02/26/2025 02/26/25 Pending -- -- --
10/21/2024 10/21/24 For Sale $4,499,000 -- $3,518 / Sq Ft
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 $58,051 $3,124,586 -- --
2024 $50,504 $3,130,440 -- --
2023 $50,504 $2,421,203 $0 $0
2022 $45,952 $2,445,660 $0 $0
2021 $51,398 $2,630,443 $0 $0
2020 $52,608 $2,717,400 $0 $0
2019 $61,951 $3,196,900 $0 $0
2018 $57,850 $3,103,832 $0 $0
2017 $55,911 $2,782,883 $0 $0
2016 $54,525 $2,529,894 $0 $0
2015 $52,914 $2,299,904 $0 $0
2014 $50,604 $2,090,822 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11679296

MIAMI REALTORS® MLS

APN: 02-3234-153-2170