$24,950,000
$5M PRICE DROP

Estimated payment $160,280/month

Total Views 11,059
5 Beds
5 Baths
6,151 Sq Ft
$4,056 Price per Sq Ft

Highlights

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

About This Home

Step Inside With Me! This iconic Setai Skyhome unveils to a 63’ oceanfront main salon with stunning sitting room and TV lounges. Spanning over 6,000 SF, this 4-unit combination floorplan represents the 2nd largest residence in the building where every social area & bedroom offers endless views. The custom reconfiguration includes white oak floors, sleek modern kitchen, tray ceilings, wood paneled millwork, Lutron automation, and marble baths with heated floors. Entertain in style at 2 bar settings and a world class oceanfront 3-row theater. Epic downtown skyline vistas and sunsets are afforded to the dining & family rooms as well as glass encased study/5th sleeping quarter. In the heart of Billionaires Beach, the 5 star Setai offers 3 restaurants, known spa & beach for celebrity sightings.

Listing Agent

Dina Goldentayer

Douglas Elliman License #3116846 Listed on: 11/18/2024

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $51,273

Year Built

  • Built in 2005

Lot Details

  • Ocean Front
  • End Unit

HOA Fees

  • $24,247 Monthly HOA Fees

Parking

  • 5 Car Garage

Property Views

Home Design

  • Entry on the 35th floor

Interior Spaces

  • 6,151 Sq Ft Home
  • Wet Bar
  • Custom Mirrors
  • Furnished
  • Built-In Features
  • Great Room
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Wood Flooring

Kitchen

  • Built-In Oven
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 5 Full Bathrooms
  • Bathtub
  • Shower Only in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-153-2450

Community Details

Overview

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

Amenities

  • Sauna
  • Bar or Lounge
  • Elevator
  • Secure Lobby

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • High Impact Windows
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$51,273

Year Built

Built in 2005

Lot Details

0

HOA Fees

$24,247 per month

Parking

5

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Entry Level: 35
  • 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
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Built-in Features, Custom Mirrors, Walk-In Closet(s), Wet Bar, Den/Library/Office, Family Room, Great Room, Media Room
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Door Features: High Impact Doors
  • Flooring: Wood
  • Furnished: Furnished
  • Living Area: 6151
  • Stories: 40
  • Window Features: High Impact Windows
  • Bedroom Features: Primary Bath Shower, Primary Bath Tub
  • Dining Room Features: Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Great Room, Media Room
  • Master Bathroom Features: Separate Tub & Shower

Exterior Features

  • View: Direct Ocean, Skyline
  • Exterior Features: Open Balcony
  • Construction Type: Concrete Block Construction
  • Patio And Porch Features: Open Balcony, Wrap Around
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: SETAI RESORT & RESIDENCES
  • Covered Parking Spaces: 5
  • Garage Spaces: 5
  • Parking Features: 2 Or More Spaces

Utilities

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

Condo/Co-op/Association

  • Association Fee: 24247
  • Amenities: Bar, Elevator(s), Exercise Room, Heated Pool, Pool, Sauna, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-34-153-2450

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2024

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 $51,273 $2,911,363 -- --
2024 $75,332 $2,728,550 -- --
2023 $75,332 $2,480,500 $0 $0
2022 $120,407 $6,408,300 $0 $0
2021 $123,732 $6,408,300 $0 $0
2020 $118,154 $6,103,100 $0 $0
2019 $139,140 $7,180,100 $0 $0
2018 $122,742 $6,527,389 $0 $0
2017 $129,480 $6,799,364 $0 $0
2016 $192,527 $9,911,610 $0 $0
2015 $196,372 $9,911,610 $0 $0
2014 $135,226 $6,212,404 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2025 08/25/25 Price Changed $24,950,000 -9.3% $4,056 / Sq Ft
02/11/2025 02/11/25 Price Changed $27,500,000 -6.8% $4,471 / Sq Ft
11/18/2024 11/18/24 For Sale $29,500,000 -- $4,796 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $8,200,000 Attorney
Warranty Deed $12,000,000 Attorney
Warranty Deed $7,250,000 Attorney
Special Warranty Deed $4,750,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $570,000 Credit Line Revolving
Previous Owner $6,325,000 Balloon
Previous Owner $5,500,000 Adjustable Rate Mortgage/ARM
Previous Owner $5,000,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11695423

MIAMI REALTORS® MLS

APN: 02-3234-153-2450