Setai Penthouse Sale Breaks Florida Condos Record at $27 Million


Miami Beach, Florida – The Miami Real Estate News is centering on a penthouse at the Setai condominiums in exciting Miami Beach. The South Florida Real Estate Sale was about the Penthouse B at the Setai, a full-floor unit sitting on their 40th floor. This was an astonishing sales price of $27 million, which one upped the Birkenstock heir’s place at the Continuum as the priciest condo ever sold in South Florida.

Setai South Beach Condos Selling

The 7,100 square foot known to many Florida Investors as a sky-castle has simply four bedrooms, as well as substantial living square footage. This was not like buying Florida Used Cars as this Miami Condo has a terrace that could hold a huge party which could fit the Social media crowd of Miami. This Miami Condo had been decorated to extreme limits and showed exceptionally well. The lucky South Florida Investor buying this Condo will have two matching master suites.

Undisclosed Miami Real Estate Investor in the Setai Penthouse

This Investor being undisclosed at this time will love this penthouse at the Setai condominiums. It might shock some Miami Condos Investors to see this highest price ever paid for a condominium, penthouses included, in South Florida. We had reported before on the South Florida’s largest sale which was $25 million. That was a penthouse purchase from an Italian Investor at Continuum in May.
of 2012.

Building Overview of the Setai

Community: South Beach
Architect: Alayo & Denniston International
Views: Gorgeous Oceanfront
Year Built: 2005
Bedrooms: Studios, 1, 2, 3 & 4
Residence Size: 847 – 5800
Pet Friendly: Yes
Total Residences: 163 Condo Units
Number of Stories: 40
Price Range: $549,000 – $27,000,000

Setai Condos – South Beach Oceanfront Luxury Condominiums

The Setai is a combination of 163 ultra-luxury residences in a 40 story, oceanfront, high-rise condo tower and an 80 room five-star resort condo hotel on South Beach. The Setai is located at 101 20th Street.

The Setai residences range in size from 827 square feet to 1,408 square feet with eight distinctive floor plans. Each one offering panoramic views of the ocean, South Beach and the Miami skyline from floor to ceiling windows, as well as all of the finest amenities.

The Setai hotel is an eight-story, 80 room, five star resort with suites ranging in size from 556-900 square feet in a beautifully renovated art deco building. The Setai Hotel, managed by world-renowned GHM Hotels, features 24-hour room service, three restaurants, three pools, spa, and state-of-the-art fitness center. Each room will have high-speed internet access among other top-of-the-line amenities.


Setai Condos with Luxury Amenities

At the Setai, whether you are a condominium resident or a guest of the hotel, every amenity is available including:

24 hour concierge
24 hour Room service
Maid and valet service upon request
Valet parking on premises
Three swimming pools
Lushly landscaped resort area on the beach
Food and beverage service at the pool and on the beach
A five-star restaurant and oyster bar

Townhouses in the Miami Sky

On the fifteenth floor, the residences begin with a selection of amazing two-story “townhouses in the sky,” then continue with twenty-two floors of luxurious condominiums, and reach the pinnacle with three final stories of magnificent penthouses which feature private infinity edge swimming pools on their own private terraces.