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David Guetta buys Setai Miami Beach unit from Richard LeFrak
It’s available for rent asking $30k a month
![Setai unit and David Guetta](https://static.therealdeal.com/wp-content/uploads/2018/08/Setai-unit-and-David-Guetta600.jpg)
UPDATED Aug. 15, 6 p.m.: David Guetta has a new Miami Beach getaway at the Setai in Miami Beach that he purchased from New York developer Richard LeFrak.
Property records show the French DJ and music producer paid $9.5 million, or about $3,800 per foot, for unit 3709 at 101 20th Street in late June. LeFrak sold the 2,521-square-foot, three-bedroom corner unit to What a View LLC, managed by real estate agents Michael Wiesenfeld and Anita Zelda Freud.
![](https://static.therealdeal.com/wp-content/uploads/2018/08/Screen-Shot-2018-08-16-at-11.43.14-AM-650x385.png)
David Guetta’s new Setai unit (Credit: Zillow)
The unit features two master suites, motorized shades and wraparound balconies. It’s listed for rent at $30,000 a month with Freud, according to Zillow.com. Wiesenfeld, of Barnes International Realty, told the Wall Street Journal that Guetta will be renting out the unit for most of the year.
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David Guetta’s new Setai unit (Credit: Zillow)
Lourdes Gutierrez of Compass represented LeFrak in the off-market deal. LeFrak paid $6.75 million for the unit in 2012. The billionaire CEO of the LeFrak Organization also developed the nearby 1 Hotel & Homes South Beach with Barry Sternlicht.
Earlier this year, Russian oligarch Oleg Baibakov sold his penthouse at the Setai for $9.53 million, or nearly $2,700 per square foot. The building was also home to Theory co-founder Andrew Rosen, who sold his penthouse in 2017 for $8.5 million, or about $3,400 per foot.
![](https://static.therealdeal.com/wp-content/uploads/2018/08/Screen-Shot-2018-08-16-at-11.43.21-AM-650x385.png)
David Guetta’s new Setai unit (Credit: Zillow)
The 40-story hotel-condo building features three oceanfront swimming pools, a spa, gardens and a gym. [WSJ] – Katherine Kallergis
Correction: A previous version of this story misstated who Lourdes Gutierrez represented.