The Real Deal Miami

Setai penthouse sells for $27 million, most ever paid for South Florida condo

January 15, 2013 06:30PM
By Alexander Britell

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The Setai

A penthouse at the Setai condominium in Miami Beach has sold for $27 million, according to Zilbert International Realty. The sale represents the most ever paid for a condominium unit in South Florida.

The 40th floor unit has four bedrooms, 4.5 bathrooms and 7,100 square feet of living space.

Jeff Miller of Zilbert Realty brokered the deal, representing the undisclosed buyer.

Miller previously brokered the $21.5 million sale of another Setai penthouse in 2011, at the time South Florida’s largest-ever condo sale.

South Florida’s largest sale was previously set by a $25 million penthouse purchase at Continuum in May.

The Setai is located at 101 20th Street.

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