NOT LISTED FOR SALE

Estimated Value: $4,007,554

2 Beds
2 Baths
1,565 Sq Ft
2004 Built

Sale Details

Date Sold: July 12, 2024

Last sale price $3,900,000 $2,492 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $33,073 / mo

Highlights

  • Valet Parking
  • Fitness Center
  • Active Adult
  • Ocean Front
  • Heated Pool
  • 3-minute walk to Collins Park

About This Home

As of July 2024

Rare opportunity to own one of only 5 townhome units in the luxurious Setai Residences, Miami Beach. Located in the coveted Art Deco District of South Beach, this 40 story landmark building offers an unparalleled resort experience with 5-star amenities. This south-facing 2 bedroom, 2 bathroom unit features 20 foot ceilings, open floor plan, Brazilian teak and flamed granite floors, rainfall showers, jacuzzi tub, and spacious terrace with private hot tub. Enjoy stunning views of ocean and skyline. Amenities include three infinity pools, private beach access, full spa and health club and two award winning restaurants. Complete with 24 hr room service and valet parking. Great investment opportunity, including short and long term rentals, and potential to rent through Setai’s hotel program.

Last Agent to Sell the Property

Matt Lill

The Corcoran Group License #3497116 Listed on: 07/12/2024

The Corcoran Group

Last Buyer's Agent

Catherine Kalifeh

Compass Florida, LLC License #3566306

Compass Florida, LLC
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

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $43,659

Year Built

  • Built in 2004

Lot Details

  • Ocean Front

HOA Fees

  • $5,505 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Property Views

Home Design

  • Entry on the 15th floor

Interior Spaces

  • 1,565 Sq Ft Home
  • Bar
  • Wood Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Heated Pool
  • Open Patio
  • Outdoor Living Area

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0232341530930

Community Details

Overview

  • Active Adult
  • Association fees include hot water, ground maintenance, pool(s), sewer, security, trash, water
  • Setai Resort & Residences Subdivision
  • Maintained Community
  • Community Parking
  • 1-Story Property

Amenities

  • Valet Parking
  • Sauna
  • Secure Lobby
  • Bike Room

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed with Restrictions

Security

  • On-Site Manager or Management
  • Secure Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$43,659

Year Built

Built in 2004

Lot Details

0 Sq Ft Lot

HOA Fees

$5,505 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 2004
  • MLS Status: Closed
  • Standard Status: Closed
  • Entry Level: 15
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Bidet, Bathtub, Dual Sinks, Jetted Tub, Other, Soaking Tub, Separate Shower, Bar
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Wood
  • Living Area: 1565.0
  • Stories: 40

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area
  • View: City, Ocean
  • Pool Features: Association, Heated
  • View: Yes
  • Waterfront Features: Ocean Front, Other
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Open, Balcony
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Open Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Valet

Utilities

  • Other Equipment: Other
  • Security: Elevator Secured, Lobby Secured, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 5505.0
  • Pets Allowed: Yes
  • Senior Community: Yes
  • Amenities: Bike Storage, Fitness Center, Maintenance Grounds, Management, Pool, Parking, Sauna, Spa/Hot Tub, Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Pet Restrictions, Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Hot Water, Maintenance Grounds, Pool(s), Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 0232341530930
  • Mobile Dim Units: Feet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 43659.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2024
Closed on
Jun 21, 2024
Sold by
Rowan Marcus Roy
Bought by
Seller's Agent
Matt Lill
The Corcoran Group
Buyer's Agent
Catherine Kalifeh
Compass Florida, LLC
List Price
$3,995,000
Sold Price
$3,900,000
Premium/Discount to List
-$95,000
-2.38%
Current Estimated Value
$4,007,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,554
Avg. Annual Appreciation
1.24%
Original Mortgage
$3,535,000
Outstanding Balance
$3,453,752
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$553,802

Purchase Details

Closed on
Jun 19, 2009
Sold by
Breene Jonathan
Bought by
Rowan Marcus Roy
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Miami Beach Boardwalk, FL

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,900,000 None Listed On Document
Falcon Set Holding Llc $3,900,000 None Listed On Document
Rowan Marcus Roy $1,300,000 Florida Title Escrow & Abstr
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,750,000
Open -- $3,535,000
Previous Owner Breene Jonathan $1,400,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/12/2024 07/12/24 Sold $3,900,000 -2.4% $2,492 / Sq Ft
07/12/2024 07/12/24 Pending -- -- --
07/12/2024 07/12/24 For Sale $3,995,000 -- $2,553 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $57,238 $3,042,000
2024 $48,497 $2,697,830
2023 $48,497 $2,452,573 $0 $0
2022 $45,478 $2,229,612 $0 $0
2021 $40,356 $2,065,324 $0 $0
2020 $38,233 $2,133,600 $0 $0
2019 $38,872 $2,510,100 $0 $0
2018 $35,679 $2,510,054 $0 $0
2017 $34,596 $1,414,277 $0 $0
2016 $34,314 $1,285,707 $0 $0
2015 $33,756 $1,168,825 $0 $0
2014 $29,454 $1,062,569 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: A11623159

BeachesMLS (Greater Fort Lauderdale)

APN: 02-3234-153-0930

Your Personal Tour Guide

Ask me questions while you tour the home.