April 25, 2014
A duplex penthouse at Faena House with an asking price of 50-million dollars has gone under contract for an undisclosed amount. The sale is expected to set the record for the most expensive condo sale in Miami Beach. The current record was set in 2013 by a 27-million-dollar sale at The Setai.
The Faena House penthouse contains 8,273 square feet of interior living space and almost 10,000 square feet of private terraces. The lavish penthouse contains 5 bedrooms, a 70-foot-long rooftop pool and panoramic ocean views.
According to the developer, all 47 units at Faena are now under contract. The luxury oceanfront building is scheduled for completion later this year. For more information on new construction in Miami Beach, contact Niki Higgins at +1-888-242-4422 or +1-954-817-2500.
Source: Wall Street Journal
April 03, 2013
An oceanfront condo residence in the Setai Miami Beach recently sold for 7.8 million dollars. This marks the highest price paid for a non-penthouse unit at the ultra-luxury tower.
The 3-bedroom, 3.5-bathroom residence contains 2,258 square feet, which translates to approximately 3,045 dollars per square foot. The unit has sweeping views of the ocean, floor-to-ceiling glass windows and high-end finishes. In January, a penthouse at the Setai sold for an impressive 27 million dollars.
At 40 stories, the exclusive Setai is one of the tallest oceanfront, residential towers in Miami Beach. The building offers lavish amenities, such as a spa, a fully staffed fitness center, 3 pools, maid service and room service. Located right in the heart of South Beach, the Setai offers residents easy access to area attractions.
Contact Niki Higgins at 1.888.242.4422 to inquire about other luxury condos for sale in the Setai.
Source: The Real Deal
January 16, 2013
We have seen many waterfront estates run over ten million in Miami, but we have never seen prices quite so high for luxury oceanfront condominiums. This seems to be a new trend in the luxury real estate market in Miami Beach.
The Setai, a luxury oceanfront condominium tower in South Beach just hit the highest price for a luxury penthouse at twenty seven million. This is the highest price ever paid for a condominium unit in South Florida, according to real estate records.
This magnificent oceanfront penthouse is located in South Beach, which is known for its restaurants, nightlife and beautiful beaches. Located on the 40th floor with 4 bedrooms, 4.5 bathrooms and 7100 square feet of luxury living space this penthouse is a spectacular residence.
The Setai, is an elegant building featuring 175 residences with floor-to-ceiling glass windows. Residents enjoy panoramic views of the beach, the ocean and Miami’s skyline.
The second highest priced condominium unit sold in Miami was for an oceanfront penthouse located at the Continuum for twenty five million. The Continuum is also located in South Beach.
Miami is definitely the place to be if you’re looking for luxury, fun and relaxation. More and more people are making Miami Beach their vacation destination and price is not an object.