Setai Condominium Real Estate News-Recap 2010

By
Real Estate Agent with www.HomesForVIPs.com - Keller Williams Realty

 

Setai Condominium Real Estate News-Recap 2010

Here are the 2010 statistics, newsworthy sales and current listings for Setai, located at 101 20 Street, one of the premier luxury condos in Miami Beach FL.

At Setai, there were 13 closed sales in 2010. The average sale was $2,645,375, or $1,268 per square foot. They sold on average for 82% of the list price in 290 days (average days on market). The highest sale was for $15,000,000 for Unit B, which was $2,416 per square foot and occurred on June 4, 2010. The lowest sale was for $950,000 for Unit 2905, which was $1,157 per square foot and occurred on December 21, 2010.

With 29 condos currently available for sale, the current absorption rateis about 22 months to sell all the inventory. There are 2 condos at Setai that are currently in contract or pending sale.

Right now, the least expensive condo for sale at Setai is unit 511 for $599,000, which has no bedroom and 1 bathroom and has 662 square feet of living space. It has been on the market now for 42 days. For photos of the condo and a more detailed description of the unit, please visit this website pageSetai-#511, Miami Beach FL.

The most expensive unit for sale at Setai is unit PH-A for $27,000,000, which has 3 bedrooms and 2 bathrooms and has 6,209 square feet of living space. For photos of the condo and a more detailed description of the unit, please visit this website page Setai-#PH-A, Miami Beach FL.

To view all of the listings available for sale at Setai, please go to my website at Setai Miami Beach Fl Condos For Sale.

For further information, please contact the Michael Sahlman at The Sahlman Group at 786.553.0697 or email us at info@MiamiHomesForVIPs.com.

To find other Luxury Condos by City and Category, go to any of the following – Penthouses for SaleBoat DocksPet Friendly CondosSouth Beach CondosMiami Beach CondosSunny Isles Beach CondosBal Harbour CondosKey Biscayne CondosFisher Island CondosBrickell CondosDowntown Miami Condos and Best Foreclosure Condo Buys.

To search for Luxury Single Family Homes by City or Neighborhood, go to - Miami Beach HomesSouth Beach HomesIndian Creek HomesStar Island HomesLa Gorce Island HomesNorth Bay Road HomesPalm Island HomesSunset Islands HomesVenetian Islands HomesHibiscus Island HomesGolden Beach HomesKey Biscayne HomesGables Estates HomesCocoplum HomesBelle Meade HomesBay Point HomesMorningside HomesPinetree Drive HomesBay Harbor Islands HomesBal Harbour Homes and Miami Shores Homes.

For more specific information about a property or for a custom search, please contact Michael Sahlman at The Sahlman Group at 786.553.0697 or email us.

If you are want to sell your property and market it worldwide quickly reaching the right buyers effectively, please contact us directly at 786.553.069, email us, or fill out this form to learn more about our global marketing strategy and receive an immediate response.

We recommend Habitat Design Associates, Inc. for interior design and renovations. If you have purchased a condo or home and need an excellent, reliable and highly competent professional who will also oversee the entire project, contact Cristina, the owner of the company, who  is originally from Brazil and has over 20 years of experience as an architect, interior designer and project manager. They have completed over 35 projects for a number of prominent people (including some of my clients). For more information and examples of her work Visit the Habitat Design website or contact them directly at 786.280.6200 or via email.

Please note that the above information was based on data from the southeast Florida MLS as of January 4, 2011.

Copyright © By Michael D. Sahlman, P.A. 2010*Setai Condominium Real Estate News-Recap 2010*

 

 

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