The Setai offers several models for oceanfront living in South Beach, one of which includes a two-story condo going for $22 Million. Just a few weeks ago the Setai completed a record breaking $27 Million sale for another unit.

Setai’s Amenities:

TH-A features a wealth of amenities including 18 foot ceilings, Terrazzo flooring, and smart remote control LED lighting throughout the two stories. In addition, there are white lacquered cabinets, an oceanfront living room that features a wraparound grand staircase, as well as three balconies.

All Setai residents are offered an integrated information system for staying updated on new offerings or condo issues. There are also stunning Oceanside swimming pools and a state of the art fitness center with personal trainers. In addition, new owners get access to the resort’s beachside cabanas with daybeds, valet, laundry and concierge services. Since the Setai Hotel completes the property, residents also get to enjoy watersports like deep sea diving, as well as private yacht and plane charters.

Property Name: Setai South Beach
Address: 101 20th Street, Miami Beach, FL 33139.
Year Built: 2004
Type: condo
Units: 183
Number of Floors: 40
Floor Plan: 4BR/4.5BA
SF: 3,650

Listing Agent: The Jills

Do you like the area, but are not yet ready to buy? In a nearby listing, a Luxury Downtown Condo FOR LEASE at the Marquis Residence is available. Details include: 1100 Biscayne Blvd, Condo #4302. MLS# A1727471. 2BR/2.5BA FOR LEASE Price: $4,950 Monthly.

Contact Miami Realtor Sydney Server for more information.

Sources: The Real Deal, Sunny Isles Realty
Photo Credit: Miami Curbed
Daneil Fletcher for SydneyServerRealEstate.com

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When remodeling your  South Beach home there are several factors that should be considered. Some examples include:

• Hurricane Resistant Structures – Given the region’s vulnerability to hurricanes and storms each year, new luxury homes are built to code with high impact-resistant glass and more.
• Shady Interiors – To break from the sun, wind, and surf, experienced architects or luxury home builders will recommend placing enough natural shade and ventilation throughout the home to surmount the heat.
• Views & Privacy – What’s the point of living close to the beach if you can’t enjoy the view & command privacy at a click? Try Somfy Automatic blinds for sophisticated chic window treatments. You can control your views, privacy and black out the sun for those balmy afternoon naps.
• Green Living – Partner with green homebuilders for advice regarding responsible South Beach living, where the sun is plentiful for powering up entire homes though solar energy or other green living options. Luxury homeowners can enjoy many benefits with LEED certified properties.

Prospects who are considering luxury condos in South Beach have the option select listings that are newly built with the above standards – and more. In luxury South Beach real estate, the focus lies in amenities and lifestyle. A luxury REALTOR can help you find homes that are within close proximity to entertainment spots in South Beach.

Find your dream home in South Beach with Sydney Server Real Estate. Also, be sure to visit Sydney Server Real Estate Facebook fan page for your free Market Snapshot report on current South Beach market conditions.

Contact Miami Realtor Sydney Server for more information.

Sources: Coastal Living

Photo Credit: South Beach Real Estate

Daneil Fletcher for SydneyServerRealEstate.com

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South Beach Real Estate is experiencing a lot of heat waves, in terms of recent multimillion dollar transactions. Last week the record breaking sale at the Setai, where a condo was sold for the highest ever paid in South Florida condo– $27 million. To top this list, Miami New Times has reported that media billionaire Robert Sillerman, will co-own clubs managed by the Opium Group. This move will affect South Beach’s nightlife and entertainment scene, as one financier could monopolize the market with their own rules and protocols.

Sillerman is noted for previously purchasing American Idol and Graceland. He’s also the pioneer behind Clear Channel, which was sold and is now recognized as Live Nation. This real estate connection is found on the basis that entertainment and attractions can affect a district’s residential market.

In other entertainment news, the Food Network South Beach Wine & Food Festival will be held between February 21 and 24. This event will feature nationally acclaimed chefs that are regulars on the Food Network Channel.

Additional multimillion  dollar South Beach real estate transactions include the Chetrit’s Group’s purchase of the Miami Beach Resort for $117 million, which features 424 rooms. The group has acquired at least 14 buildings in Miami Beach within the space of two years.  Stay tuned for more South Beach Real Estate news, by subscribing to Sydney Server Real Estate.

Sources: Miami New Times, Wall Street Journal, Daily Business Review

Photo Credit: The Real Deal

Daneil Fletcher for SydneyServerRealEstate.com

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While Downtown Miami’s rental prices for residential units increased by 8% in 2012, South Beach condo buyers experienced discounts averaging 7% this same period.  A market analysis report by Condo Vultures highlighted South Beach real estate’s top 10 luxury condos including ICON South Beach, Continuum South Beach, Apogee, W South Beach, Ocean House, Setai Resort and Residences and Ocean House. The complete market data can be found here.

Key notes include that ICON South Beach secured one of the priciest resales in Miami for a four-bedroom unit costing over $20-million. The key question that most investors request when shopping is the average price per SF for the best-in-class luxury. These numbers rounded up to be a median $2,265 per SF in 2012, even though they were originally placed on the market for $2,450 per SF.

When adding together the figures for all 10 priciest South Beach condos, sales totals concluded at $113 million.

South Beach is one of the most popular areas on Miami Beach with some of the priciest luxury condos.. The vicinity expands from 24^th street in Miami Beach to the tip of Miami’s shores at South of Fifth.

As travelers venture a few minutes to Downtown Miami, other  LUXURY Miami real estate inventory is available. Check out a Luxury Downtown Condo FOR LEASE at the Marquis Residence at 1100 Biscyane Blvd, Condo #4302. MLS# A1727471. 2BR/2.5BA FOR LEASE Price: $5,250. Monthly. 

Contact Miami Realtor Sydney Server for more information.

Sources: Condo Vultures

Photo Credit: Best Beaches

Daneil Fletcher for SydneyServerRealEstate.com

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