The Most Expensive Miami Beach Condo Ever: Setai Penthouse Sells for $21.5 Million

Categories: Unreal Estate
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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.

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Setai Hotel

2001 Collins Ave., Miami Beach, FL

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14 comments
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Flsia
Flsia

Black can be blacks

michael wind
michael wind

who is the owner,and how did they make so much money,more info please.

Mitchpenelas
Mitchpenelas

talk about ugly decorwho decorated.......Stevie Wonder?

Jeebus
Jeebus

conspicuous consumption  for 21MIL ? easily the biggest interior design mistake on the Beach, it screams FUGLY

Toni
Toni

I've heard that the new owner is completely gutting the place and renovating.

sababaa
sababaa

To think what  a hurricane will do  to  that roof

Fkdal
Fkdal

Don't be a hater u cheap loser

I Remember Andrew
I Remember Andrew

Or those big windows. Of course, if the people in New Orleans never stop whining about Katrina, Hurricane Central may focus on them forever.

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