Penthouse B at The Setai is one of the most visually stunning pieces of real estate in South Florida.  The 10,000 square foot penthouse was reduced last month to $19,999,999 from a previous asking price of $22M.  In February 2006, the sellers were asking a whopping $34M.  The fully furnished 4 bedroom/4.5 bath penthouse has approximately 6,200 square feet of interior space and 3,800 square feet of terrace which includes a lavish private pool and hot tub.  Encompassing the entire 40th floor at The Setai, Penthouse B offers 360 degree views.

Download the e-brochure for Penthouse B at The Setai South Beach (2.7MB)..

1. Two Midtown #H1002 – 1 bedroom/1.5 bath (735 square feet) – This unit sold for $100,000, or $136 per square foot, on February 25, 2010.  Foreclosure
2. Cite on the Bay #2404 – 1 bedroom/1 bath (706 square feet) – This unit sold for $110,000, or $156 per square foot, on February 26, 2010.  Short Sale
3. Two Midtown #H1009 – 1 bedroom/1 bath (735 square feet) – This unit sold for $115,000, or $156 per square foot, on February 1, 2010.  Short Sale
4. 1800 Club #1811 – 1 bedroom/1.5 bath (1,095 square feet) – This unit sold for $190,000, or $174 per square foot, on February 25, 2010.  Short Sale
5. Marina Blue #2710 - 1 bedroom/1.5 bath (845 square feet) – This unit sold for $185,000 or $219 per square foot, on February 10, 2010.  Short Sale

A 1 bedroom/1 bath condo foreclosure at Brickell on the River North became available yesterday for $138,000.  The unit has 757 square feet of interior space, a balcony off the living room, a Jacuzzi tub in the bathroom, carpeting in the living room and bedroom, ceramic tile in the kitchen and marble flooring in the bathroom.  Earlier this afternoon, I stopped by the condo to take a look at it for myself.  The unit appeared to be in great condition with all appliances, including the washer/dryer, still present in the unit.  The 24th floor condo faces west with a direct view of the Miami River and the sunset in the evening.

This is definitely one of the best priced 1 bedroom condo foreclosures that I’ve seen come onto the market within the past three months.  $182 per square foot is a good deal for a condo in a quality building like Brickell on the River North.  Amenities in the building include 24-hour concierge and valet parking, fitness center, yoga room, sauna, steam room, conference room, club room, swimming pool and hot tub.  The previous owner paid $305,000 in February 2006 for this 1 bedroom condo.  This unit will likely have multiple offers and be under contract by next Friday.

Call me at 305-350-9842 if you would like to view the condo in person.

Earlier this afternoon, an episode for next season’s “Burn Notice” was filmed in Penthouse 5708 at Marina Blue.  The 4 bedroom/4 bathroom penthouse has 4,198 square feet of interior across two levels, 20-foot ceilings with floor-to-ceiling glass windows and panoramic views of Biscayne Bay, the Atlantic Ocean and the Miami Beach skyline.  It offers what many would call the most spectacular view in all of Miami.

Penthouse 5708 has been on the market for 71 days at an asking price of $3.3M, or $786 per square foot.

• Brickell Key II
  
• One Miami East
  
• One Miami West
• Skyline on Brickell
• The Aston
• Vue at Brickell
  

• Acqualina PH4501 – 5 bedroom/6.5 bath (6,353 square feet) – This penthouse sold for $4,700,000, or $740 per square foot, on January 27, 2010.
• Continuum North Tower #TH6 – 4 bedroom/4.5 bath (2,901 square feet) – This townhouse sold for $3,482,400, or $1200 per square foot, on January 29, 2010.
• Santa Maria #3805 – 4 bedroom/3.5 bath (4,030 square feet) – This unit sold for $2,700,000, or $670 per square foot, on January 4, 2010.
• Asia #1903 – 4 bedroom/5.5 bath (3,813 square feet) – This unit sold for $2,288,000, or $600 per square foot, on January 15, 2010.
• Grovenor House #2601 – 4 bedroom/6 bath (4,026 square feet) – This unit sold for $2,190,000, or $544 per square foot, on January 15, 2010. mich

1. Ten Museum Park #1905 – 1 bedroom/1.5 bath (791 square feet) – This unit sold for $137,000, or $173 per square foot, on January 11, 2010.  Short Sale
2. Neo Vertika #PH226 – 1 bedroom/2 bath (1,155 square feet) – This unit sold for $158,000, or $137 per square foot, on January 11, 2010.  Foreclosure
3. Parc Lofts #206 – 2 bedroom/1 bath (1,267 square feet) – This unit sold for $122,000, or $96 per square foot, on January 8, 2010.  Foreclosure
4. The Club at Brickell Bay #1506 – 1 bedroom/1 bath (825 square feet) – This unit sold for $108,000, or $131 per square foot, on January 15, 2010. Foreclosure
5. Solaris at Brickell #806 - 1 bedroom/1 bath (754 square feet) – This unit sold for $120,000 or $159 per square foot, on January 29, 2010.  Foreclosure

In preparation for the launch of the iPhone application I hired a graphic designer to create some marketing material.  Here’s a peek at the business card design.

Design work by Erica Bartlett – ericabart@yahoo.com – 630.340.0300