× Main Page Fashion Lifestyle Sport Home Travel Real Estate Business
Social Responsibility Education Innovations
Brands Lists
× Main Page Fashion Lifestyle Sport Home Travel Real Estate Business


Record sale per square foot in Miami Dade - SETAI Residences

Wednesday, June 20, 2018

Record sale at the Setai with a top music producer at Barnes Miami.

Record sale at the Setai with a top music producer at Barnes Miami.


Source : Barnes International Realty

Facebook Share Twitter Tweet Google Plus Share

A new record transaction (price per square foot) has been recorded on June 18th, 2018, showing once again how Miami continues to attract distinctive buyers from all over the world. The 3 bedrooms, 3 bathrooms 2,521 sq ft condo was sold for $9.5M, a $3,768 per sq ft sale the city has not seen since the Faena Penthouse in September 2015. Michael Wiesenfeld with Barnes International Realty represented the buyer: a French native widely known on the international music scene.

Located in the heart of Miami Beach, this 37th floor corner unit, facing the ocean, offers a unique panorama on the beach and skyline. It has been designed with no spared details by the previous billionaire owner. The SETAI Hotel & Residences is an iconic building, offering an unmatched level of luxury lifestyle through its 5 stars services and amenities.

The Setai allows for high-end short-term rental and extended-stays, hence attracting investor owners who can both rent and enjoy their property during the year. This dream home will be available for rental throughout the year for $10,000 to $28,000 per week, and $25,000 to $50,000 per month depending on the time of the year.

"I really showed my client everything that was on the market meeting most of his requirements… but we didn't find anything that was matching them all," says Michael Wiesenfeld, Realtor Associate at Barnes International Realty. "As a result, I had to be creative and look at off-market properties in order to meet my client needs. This one was love at first sight." Although the transaction is a record sale, it is in line with recent transactions for this type of trophy properties.

Ozan Çelik is an architectural photographer who has studied architecture. His educational background and the city he lives in gives him a different perspective. We had a conversation about architectural photography with Ozan.
Don Purser discovered his passion for architecture when he was 6 years old. He seriously decided to become an architect in high school years. After his graduation from Texas Tech University in 1974, he began his architectural career in Houston.
Maglieriapelle is a handcrafted men's shoe brand with a direct-to-customer model. It offers unique leather shoes with opanka stitching technique, premium leather selections, and their signature hand-painting. I talked with them to learn more.
Autor Rooms is the first hospitality concept in Poland built entirely from local products in collaboration with local designers and producers. I talked to Magdalena Ponagajbo about this concept and she told me about the concept, history, and features of Autor Rooms.
Barcelona is a city with its own culinary culture. Daniel Rueda has also grown up in this culture and is now the owner and the chef of Restaurante TAPEO. I talked to chef Daniel Rueda about Restaurante TAPEO when he found a gap in his busy schedule.