The Real Deal Miami

Penthouse B sells at Setai

June 09, 2010 05:00PM

alternate textImages from the Setai, Penthouse B

South Beach’s Setai resort and residences saw its Penthouse B sell for $15 million last week, according to Miami Condo Investments. The $2,416 per square foot sale to an as-of-yet unidentified buyer marks one of the biggest condo sales in Miami-Dade county ever, according to real estate industry experts. The unit had been sold to the previous owner for $9.5 million in 2004, when it first hit the market. Penthouse B’s companion unit — Penthouse A — is currently on the market for $27 million, making it the second highest priced condo listing the county has seen. [Miami Condo Investments]