The Most Expensive Miami Beach Condo Ever: Setai Penthouse Sells for $21.5 Million
What real estate bust? The penthouse atop the Setai has sold for a cool $21.5 million, and the company behind the sale, Zilbert Realty Group, claims it's the most expensive condo ever sold in Miami-Dade both by total bottom line and price per square foot. The pad boasts a seriously Zenned-out, Asian-inspired interior; 5,803 square feet of space, and breathtaking views of the Atlantic. Take a tour for yourself below.
The sale is actually a slight discount from the original asking price of $27 million when the property was put on the market in April 2010, but the bottom line is still a record-breaker. The other penthouse at the Setai previously held the record when it sold for $15 million in 2010. Amazingly, there's still a handful of condos on the market with asking prices much higher than that.
Get the This Week's Top Stories Newsletter
Every week we collect the latest news, music and arts stories — along with film and food reviews and the best things to do this week — so that you’ll never miss Miami New Times' biggest stories.
- Miami Developer to Give Gov. Rick Scott Environmentalist Award
Sat., Aug. 1, 5:35pm
Sun., Aug. 2, 1:05pm
Tue., Aug. 4, 6:35pm
Wed., Aug. 5, 6:35pm
- Luther Campbell: "This Book Is Just a Reflection of Me"
- Luther Campbell on the Rise of 2 Live Crew