Year to date there have been 11 closed sales in the Setai of which 9 were in the Tower with the other two being in the condo hotel part of the Setai. Average sales price for the Setai Tower is $2.87 million or $1,667/per sf with average days on market of 171 days and have been selling at an average of 88% of list price. Sales ranged from $1.12 million for an 824 sf condo to $6 million for a 3.571 sf penthouse condo. The condo hotel averaged about $563,000 for its two sales or $859/per sf.
There are currently 45 condos available for sale in the Setai of which 41 are in the Tower. The Tower Residences range in asking price from $1.285 million for #1805, a 1 bedroom/ 1 bath condo of 821 square feet condo to $8,050,000 for #3901 - a 5 bedroom /5 bathroom condo of 3,974 square feet.
For more information about the Setai and real estate in South Beach, Miami, Miami Beach, Sunny Isles and the surrounding areas, please contact us at 786.553.0697, or email us. Visit our award winning website at www.HomesForVIPs.com. We are here to help you learn more about the different areas and to assist you in buying, selling or investing here in South Florida. As licensed Florida real estate agents, we are also certified as e-PROs and International Real Estate Specialists.
Setai Courtyard
Penthouse Villa at over 3,500 square feet sold for $6 million or $1,680 per sf
#1908 sold at $2.4 million or $1,705 per sf
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