NOT LISTED FOR SALE

Estimated Value: $5,155,000 - $11,573,869

3 Beds
3 Baths
2,521 Sq Ft
$8,150/mo HOA Fee

Last Sold February 14, 2017

Last sale price $8,502,000 $3,372 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $62,279/month

267 Days on Market

Highlights

  • Doorman
  • Bar or Lounge
  • Main Floor Primary Bedroom
  • Ocean Front
  • Fitness Center
  • 3-minute walk to Collins Park

About This Home

As of February 2017

Panoramic direct ocean views surround this spectacular 3 bedroom / 3 bath unit at Setai Residences. Perched on the 38th floor, overlooking the Ocean, South Beach and City. The unit recently remodeled, is exquisitely decorated in crisp white tones. Amenities include a world class spa, beach, pool and 24 hour hotel services.

Last Agent to Sell the Property

Lourdes Gutierrez

Compass Florida, LLC License #3189943 Listed on: 05/09/2016

Compass Florida, LLC

Last Buyer's Agent

Luciana Barreto, P.A.

Compass Florida, LLC License #0701033

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $181,609

Year Built

  • Built in 2004

HOA Fees

  • $8,150 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Entry on the 38th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,521 Sq Ft Home
  • Built-In Features
  • Blinds
  • Sliding Windows
  • Entrance Foyer
  • Combination Dining and Living Room
  • Concrete Flooring
  • Security System Leased

Kitchen

  • Built-In Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Closet Cabinetry
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Accessible Elevator Installed
  • Ocean Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-153-2480

Community Details

Overview

  • High-Rise Condominium
  • Setai Resorts Condos
  • Setai Resort Subdivision
  • 41-Story Property

Amenities

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

Recreation

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Secure Elevator
  • Impact Glass
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$181,609

Year Built

Built in 2004

Lot Details

0

HOA Fees

$8,150 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: LOCATED ON 20TH AND COLLINS
  • Entry Level: 38
  • 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
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Elevator, Fire Sprinklers, Entrance Foyer, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Flooring: Concrete
  • Furnished: Unfurnished
  • Living Area: 2521
  • Possible Use: Unknown/Withheld
  • Stories: 41
  • Window Features: Blinds, Impact Glass, Sliding
  • Bedroom Features: Entry Level, Primary Bedroom Ground Level
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • View: Direct Ocean
  • Exterior Features: Open Balcony
  • Construction Type: CBS 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 RESORTS
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 1 Space, Valet

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Security System Leased, Smoke Detector, Doorman, Elevator Secure, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 8150
  • Amenities: Bar, Elevator(s), Exercise Room, Heated Pool, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-34-153-2480
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 8150

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 181609

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2016
Closed on
Feb 14, 2017
Sold by
Rosen Andrew
Bought by
Capri 101 Llc
Seller's Agent
Lourdes Gutierrez
Compass Florida, LLC
Buyer's Agent
Luciana Barreto, P.A.
Compass Florida, LLC
List Price
$10,900,000
Sold Price
$8,502,000
Premium/Discount to List
-$2,398,000
-22%
Current Estimated Value
$8,188,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$313,044
Avg. Annual Appreciation
0.52%

Purchase Details

Closed on
May 15, 2013
Sold by
Mg Brown Company Llc
Bought by
Rosen Andrew

Purchase Details

Closed on
Aug 7, 2012
Sold by
Penthouse Suite B Llc
Bought by
Mg Brown Company Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,257,500
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2012
Sold by
Stillman Roy Adam
Bought by
Penthouse Suite B Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,100,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 11, 2010
Sold by
Freehold Capital Partners Llc
Bought by
Stillman Roy Adam

Purchase Details

Closed on
Oct 19, 2009
Sold by
Stillman Roy Adam
Bought by
Freehold Capital Partners Llc

Purchase Details

Closed on
Mar 28, 2005
Sold by
Setai Owners Llc
Bought by
Stillman Roy Adam
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Capri 101 Llc $8,502,000 Attorney
Rosen Andrew $8,600,000 Mellex Title Services Llc
Mg Brown Company Llc $6,550,000 Attorney
Penthouse Suite B Llc -- Attorney
Stillman Roy Adam -- Attorney
Freehold Capital Partners Llc $2,225,000 Attorney
Stillman Roy Adam $3,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mg Brown Company Llc $4,257,500
Previous Owner Penthouse Suite B Llc $3,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2017 02/14/17 Sold $8,502,000 -14.1% $3,372 / Sq Ft
01/27/2017 01/27/17 Pending -- -- --
01/12/2017 01/12/17 Price Changed $9,900,000 -1.0% $3,927 / Sq Ft
09/29/2016 09/29/16 Price Changed $9,999,000 -8.3% $3,966 / Sq Ft
05/05/2016 05/05/16 For Sale $10,900,000 -- $4,324 / 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 $125,988 $7,153,776 -- --
2024 $122,021 $6,704,570 -- --
2023 $122,021 $6,321,447 $0 $0
2022 $119,975 $6,385,300 $0 $0
2021 $123,288 $6,385,300 $0 $0
2020 $117,730 $6,081,200 $0 $0
2019 $138,642 $7,154,400 $0 $0
2018 $128,126 $6,813,692 $0 $0
2017 $135,160 $7,097,596 $0 $0
2016 $159,929 $6,955,043 $0 $0
2015 $181,609 $8,430,356 $0 $0
2014 $155,711 $7,663,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10078427

MIAMI REALTORS® MLS

APN: 02-3234-153-2480