NOT LISTED FOR SALE

Estimated Value: $3,069,000 - $3,392,971

2 Beds
2 Baths
1,565 Sq Ft
2004 Built

Highlights

  • Valet Parking
  • Fitness Center
  • Furnished
  • Ocean Front
  • Sitting Area In Primary Bedroom
  • 3-minute walk to Collins Park

About This Home

As of June 2023

Experience the SETAI South Beach life in one of the largest 2 bd/2baths for rent in this luxury building. With a split floor plan and 20 ft floor to ceiling windows, the unit boasts Art Deco district and ocean views from its large balcony. The Setai offers incredible amenities including 3 temperature controlled sparkling pools, spa, gym, direct beach access, and exceptional dining. Enjoy the bustling South Beach lifestyle while also savoring a calming and serene stay.

Last Agent to Rent the Property

Julian Johnston

The Corcoran Group License #3041178 Listed on: 02/16/2022

The Corcoran Group

Last Renter's Agent

Tessa Trlaja

NB Elite Realty License #3394576

NB Elite Realty

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2004

Parking

  • 2 Car Garage
  • Guest Parking

Home Design

  • Entry on the 15th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,565 Sq Ft Home
  • Furnished
  • Built-In Features
  • Blinds

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Sitting Area In Primary Bedroom
  • Closet Cabinetry
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property has ocean access
  • Balcony

Additional Features

  • Ocean Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 3/21/22
  • Assessor Parcel Number 02-32-34-153-0920

Community Details

Overview

  • No Home Owners Association
  • Setai Resort & Residences Condos
  • Setai Resort & Residences Subdivision

Amenities

  • Valet Parking
  • Elevator

Recreation

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Year Built

Built in 2004

Lot Details

0 Sq Ft Lot

Parking

2

Rental Info

  • Pets Allowed: No
  • Available Date: 2022-03-21

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2004
  • Property Sub Type: Condominium
  • Entry Level: 15
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: SETAI RESORT & RESIDENCES
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Cooking Island
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Other
  • Furnished: Furnished
  • Living Area: 1565
  • Window Features: Blinds
  • Bedroom Features: Sitting Area - Primary Bedroom

Exterior Features

  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: No
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: SETAI RESORT & RESIDENCES
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Guest, Valet

Utilities

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

Condo/Co-op/Association

  • Amenities: Elevator(s), Exercise Room
  • Association: No

Lot Info

  • Parcel Number: 02-32-34-153-0920
  • Land Lease Amount Frequency: Monthly
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2025
Sold by
Close Real Estate Holdings Llc
Bought by
Tan Fethi Saruhan
Current Estimated Value
$3,240,243

Purchase Details

Closed on
May 11, 2021
Sold by
Charles Thomas Close Revocable Living Tr
Bought by
Close Real Estate Holdings Llc

Purchase Details

Closed on
Mar 20, 2020
Sold by
Close Charles Thomas
Bought by
Close Charles Thomas and Close Rlt Charles Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
3.5%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 31, 2020
Sold by
Close Charles Thomas
Bought by
Close Charles Thomas and Charles Thomas Close Rlt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
3.5%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 6, 2019
Sold by
Benbo International Ltd
Bought by
Close Charles Thomas

Purchase Details

Closed on
Jun 24, 2008
Sold by
Setai Owners Llc
Bought by
Benbo International Ltd

Purchase Details

Closed on
Mar 29, 2005
Sold by
Headington Realty & Capital Lp
Bought by
Setai Owners Llc
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 Buyer Sale Price Title Company
Tan Fethi Saruhan $3,100,000 Sunbelt Title Agency
Close Real Estate Holdings Llc -- None Listed On Document
Close Charles Thomas -- Attorney
Close Charles Thomas -- First American Mortgage Sln
Close Charles Thomas $2,500,000 Attorney
Benbo International Ltd $1,530,000 Florida Title Escrow & Abstr
Setai Owners Llc $1,650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Close Charles Thomas $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2023 06/08/23 Rented $25,000 0.0% --
02/16/2023 02/16/23 Price Changed $25,000 -16.7% $16 / Sq Ft
02/16/2022 02/16/22 For Rent $30,000 -- --
Source: MIAMI REALTORS® MLS

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 $52,285 $2,968,809 -- --
2024 $52,239 $2,782,390 -- --
2023 $52,239 $2,754,566 $0 $0
2022 $52,279 $2,782,390 $0 $0
2021 $40,483 $2,071,810 $0 $0
2020 $41,435 $2,140,300 $0 $0
2019 $46,378 $2,518,000 $0 $0
2018 $41,307 $2,353,225 $0 $0
2017 $39,564 $1,917,637 $0 $0
2016 $38,680 $1,743,307 $0 $0
2015 $38,650 $1,669,775 $0 $0
2014 $34,055 $1,517,978 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11161837

MIAMI REALTORS® MLS

APN: 02-3234-153-0920

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