$4,075,000
SOLD APR 15, 2025
2 Beds
2 Baths
1,316 Sq Ft
$6,046/mo HOA Fee

Recently Sold

$3,097 Per Sq Ft

9% Below List Price

84 Days on Market

Highlights

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

About This Home

As of April 2025

Don’t miss this amazing opportunity to own a coveted high-floor 06 residence at The Setai. Enjoy epic views of South Beach, Miami’s Downtown skyline and iconic sunsets over Biscayne Bay from the 30th floor of your home in the sky. Experience luxury and 5-star service at the world renowned Setai South Beach: 3 heated lap pools, 24-hr security, 3 restaurants, 2 bars, poolside and beachside food and beverage service, Valmont Spa, fitness center, professional concierges, 24-hr valet and so much more….

Last Agent to Sell the Property

Cecilia Solorzano

Suma Luxury Realty License #3310752 Listed on: 11/26/2024

Last Buyer's Agent

Cecilia Solorzano

Suma Luxury Realty License #3310752 Listed on: 11/26/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $51,274

Year Built

  • Built in 2004

HOA Fees

  • $6,046 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

Home Design

  • Elevated Home

Interior Spaces

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

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Dryer
  • Washer

Additional Features

  • Ocean Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-153-2020

Community Details

Overview

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

Amenities

  • Valet Parking
  • Sauna
  • Trash Chute
  • Bar or Lounge

Recreation

Pet Policy

  • Dogs Allowed

Security

  • Card or Code Access
  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$51,274

Year Built

Built in 2004

Lot Details

0

HOA Fees

$6,046 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: 20th and Collins towards the beach
  • Entry Level: 30
  • 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
  • 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
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 1316
  • Possible Use: Secondary
  • Stories: 43
  • Window Features: Blinds
  • Bedroom Features: Primary Bath Shower, Primary 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: No
  • 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, Valet

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Elevator Secure, Card Entry

Condo/Co-op/Association

  • Association Fee: 6046
  • Amenities: Bar, Elevator(s), Exercise Room, Heated Pool, Sauna, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 02-32-34-153-2020
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Dogs OK

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 51274

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2024
Closed on
Apr 14, 2025
Sold by
Futterman Robert K
Bought by
Cambria Properties 3006 Llc
Seller's Agent
Cecilia Solorzano
Suma Luxury Realty
Buyer's Agent
Cecilia Solorzano
Suma Luxury Realty
List Price
$4,500,000
Sold Price
$4,075,000
Premium/Discount to List
-$425,000
-9.44%
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.13%
Original Mortgage
$2,648,750
Outstanding Balance
$2,641,528
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$1,329,443

Purchase Details

Closed on
May 12, 2017
Sold by
Shawline Properties Llc
Bought by
Futterman Robert K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,855,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2011
Sold by
Mcgregor Jeffrey and Mcgregor Rose Ann
Bought by
Shawline Properties Llc

Purchase Details

Closed on
Aug 12, 2004
Sold by
Fryzer Joseph
Bought by
Mcgregor Jeffrey and Mcgregor Roseann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$642,500
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2004
Sold by
Setai Owners Llc
Bought by
Fryzer Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$824,000
Interest Rate
5.75%
Mortgage Type
Unknown
Source: Public Records

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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 $4,075,000 None Listed On Document
Warranty Deed $4,075,000 None Listed On Document
Warranty Deed $3,350,000 Attorney
Warranty Deed $1,900,000 Attorney
Warranty Deed $1,400,000 Olympia Title Inc
Special Warranty Deed $1,030,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,648,750 New Conventional
Closed $2,648,750 New Conventional
Previous Owner $1,855,000 New Conventional
Previous Owner $642,500 New Conventional
Previous Owner $824,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2025 07/02/25 For Rent $30,000 0.0% --
04/15/2025 04/15/25 Sold $4,075,000 -6.3% $3,097 / Sq Ft
02/18/2025 02/18/25 Pending -- -- --
12/14/2024 12/14/24 Price Changed $4,350,000 -3.3% $3,305 / Sq Ft
11/26/2024 11/26/24 For Sale $4,500,000 -- $3,419 / 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 $51,274 $2,827,234 -- --
2024 $48,738 $2,570,213 -- --
2023 $48,738 $2,336,558 $0 $0
2022 $42,906 $2,242,152 $0 $0
2021 $40,583 $2,076,940 $0 $0
2020 $41,538 $2,145,600 $0 $0
2019 $48,915 $2,524,200 $0 $0
2018 $50,495 $2,685,319 $0 $0
2017 $42,425 $2,036,544 $0 $0
2016 $47,883 $1,851,404 $0 $0
2015 $42,606 $1,683,095 $0 $0
2014 $39,906 $1,530,087 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11700388

MIAMI REALTORS® MLS

APN: 02-3234-153-2020