Setai Resort & Residences in Miami Beach

Setai Resort & Residences
Condos for Sale in Miami Beach, FL

Community in Miami Beach · Miami-Dade County · ZIP 33139
Median sale $2.88M
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True comps, carrying-cost math, and listings before the portals.

Live Market Pulse
42/100
Market Heat
Near its long-run normal
2021 → 2026 · 75 at the 2025 peak
0 is Setai Resort & Residences's coldest market since 2021, 100 its hottest. Today: 42. How it's scored

Photo via MIAMI MLS

Built fromLive MIAMI MLS data8 years of closingsUpdated twice daily

As of September 2026, Setai Resort & Residences in Miami Beach, FL has 12 homes for sale and 1 pending, asking from $2,375,000 to $15,999,000 (median $4,587,500). Over the 12 months ending 2026-09-12, 8 recorded sales closed at a median of $2,875,000, $2,664 per square foot, a median 41 days on market, sellers accepting 88% of original asking (-20% versus the prior year). Homes listed or recently sold were built 2004–2005; 3 of 13 report an HOA (median $3,771/mo). At the median price and Miami-Dade County's FY2025-26 rate of 17.59 mills, annual property tax runs about $50,580 ($49,870 with the full homestead exemption).

Live · Setai Resort & Residences Housing Pulse MIAMI MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$2.88M
Median sold · 12 mo
down 20.1% vs the prior 12 months
-20.1%
1-yr price change
n = 8 and 8 sales in the two windows
$2664/sf
Sold $/sqft · 12 mo
peak $2807 in 2025
87.8%
Sale vs ask
Miami-Dade median: 94.0%
Tempo
42days
Median DOM · closed
31 days at the 2023 low
8%
Under contract
Miami-Dade: 18% (3,290 of 18,399)
12 · 1
For sale · pending
live counts, refreshed twice daily
8
Sold · last 12 mo
10-yr average: about 6 a year
Track record · 8 years of records
1,177sqft
Median sold home size
12-mo windows, closed sales

Homes For Sale Right Now in Setai Resort & Residences

Live MLS inventory for Setai Resort & Residences. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Setai Resort & Residences listings as of 2026-09-12, priced high to low. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2018 through 2026. Tap any home to ask about it.

Jon Brooks, founder of Momentum Realty
Jon's Current Read

At the Setai, price is set by the unit and the finish, not by amenity comparison. With a median price of $2,650,000 and a median of $2,436.05 per square foot, this is a per-square-foot market where condition, layout, and view carry more weight than anything a listing sheet can standardize.

The year-over-year figure, down 19.1%, alongside a market heat score of 51 and just 7 closings in the window, points to a market that is thin and resetting rather than trending in one clean direction. With only a handful of transactions to anchor comparables, sellers should price off recent, comparable closings rather than last year's peak, and buyers have room to negotiate on terms if they're patient through a median 37-day marketing period.

Setai Resort & Residences Housing Pulse · Momentum Research · as of September 12, 2026

Setai Resort & Residences right now

🔴 Off the recent peak. The trailing-12-month median ($2.88M) is down 20.1% from the prior 12 months ($3.60M). With about 6 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level MIAMI MLS closed sales, 12-month windows ending September 12. Confidence: Medium (8 and 8 sales in the two windows).

What's unique here: the median sale price is about 5x the typical Miami-Dade County sale ($2.88M vs $555K, trailing 12 months, MIAMI MLS records).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated September 12, 2026 · Live data: MIAMI MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

Setai Resort & Residences market snapshot (as of September 12, 2026): the median sale price is about $2.88M ($2664 per sq ft over the trailing 12 months of closed sales), and a median 42 days on market for closed sales. The trailing-12-month median is down 20% from the prior 12 months, computed from record-level MIAMI MLS closed sales (8 closings in the current window).

Pricing here moves on the strength of individual closings rather than a broad, consistent trend line, so each sale currently sets its own bar for the next one.

Best for

  • A buyer targeting a specific unit type or view line who is comfortable pricing off per-square-foot data rather than a broad median.
  • A seller prepared to price against the most recent comparable closings rather than an older peak figure.
  • A buyer with flexibility on timeline who can work with a roughly 37-day marketing period.

Probably not for

  • A buyer who wants a large pool of recent comparables before committing to an offer.
  • A buyer relying on a stated list of building amenities, since none are currently confirmed from MLS data.
  • A seller expecting the prior year's pricing trend to hold without adjustment.

Windows contain 1 to 9 sales each (8 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2018 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$3M$3.5M20182020202220242026
Down 20.1% year over year.
Every sale since 2018 · price vs size
$0$5M$10M1k2k3k
51 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$2K$2K$2K$3K20182020202220242026
Up from $2052 in 2018 to a $2807 peak in 2025; $2664 now.
Median days on market · closed sales
5010015020182020202220242026
31 days at the 2023 low; 42 now.
Sale price vs original ask · median
80%90%20182020202220242026
87.8% now vs Miami-Dade 94.0%.
Homes sold per 12-mo window
025820182020202220242026
1 to 9 a year; 8 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning202220242026
75 at the 2025 peak, 34 in the troughs, 42 now. Same score as the hero card, full history.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Miami-Dade County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$3,172/mo
Miami-Dade County typical true cost to own
$158/mo
Miami-Dade County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

How much local inventory is already under contract

8% of homes for sale in Setai Resort & Residences are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-12).

SETAI RESORT & RESIDENCES Market Scorecard

Thin data

SETAI RESORT & RESIDENCES is currently a thin data market. Limited supply, a median asking price of $4,587,500, and homes go under contract in about 153 days.

n/a
Months supply
$4,587,500
Median list
n/a
Median sold
$3343
Per sqft
153
Days on mkt
12/1/0
Active/Pend/Sold

Typical home value in the 33139 ZIP is $471,014, about 48.9% above the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

If we were buying in Setai Resort & Residences today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Setai Resort & Residences.

Best Buy
A buyer or seller focused on a single, well-specified unit rather than a broad market trend.
Biggest Risk
With only 7 closings in the window, any one sale can swing the numbers.
Sweet Spot
Deals get done around the 37-day median mark, once pricing is tested against recent closings.
Avoid If
You need a fast, high-volume comparable set to validate an offer or a listing price.

A market defined by low volume, high per-foot values

Seven closings in the current window is not a lot of data to build a pricing case on, and that matters here. A single unusual sale, whether a distressed exit or a premium view unit, can swing the median in either direction. Buyers and sellers both need to look past the headline year-over-year number and ask what specifically closed, and why.

The median per-square-foot figure of $2,436.05 remains the more stable reference point of the two, since it is less distorted by unit size mix than the flat median price. A median 37-day time on market suggests pricing is landing close to where the market will bear it, not sitting stale, but also not moving in days. Momentum's current MLS pull does not identify specific community amenities tied to these listings, so any amenity claims should be verified directly against the building's current offering rather than assumed from past marketing.

The location and the amenities are priced into every listing in Setai Resort & Residences. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a market running on 7 closings, the comparables that matter are recent and specific, not a rolling twelve-month average. We track which units actually traded, at what per-square-foot basis, and why, so pricing conversations start from real transaction data rather than a stale median.

Setai Resort & Residences in 15 seconds.

Best forA buyer or seller focused on a single, well-specified unit rather than a broad market trend.
Biggest advantageThe per-square-foot figure gives a cleaner read on value than the median price alone.
Biggest riskWith only 7 closings in the window, any one sale can swing the numbers.
Sweet spotDeals get done around the 37-day median mark, once pricing is tested against recent closings.
Avoid ifYou need a fast, high-volume comparable set to validate an offer or a listing price.

HOA, CDD & Fees

In short
  • HOA status not on record. Verify any dues before you offer
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Setai Resort & Residences sales matched to your home.

What is your Setai Resort & Residences home worth?

Get a no-obligation home value based on real comparable sales in Setai Resort & Residences, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in Setai Resort & Residences on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Setai Resort & Residences?
The median sale price in Setai Resort & Residences was $2.88M over the 12 months ending September 12, 2026 (8 closed sales, MIAMI MLS).
How long do homes in Setai Resort & Residences take to sell?
Homes that closed in the 12 months ending September 12, 2026 took a median 42 days on market (8 sales, MIAMI MLS).
Who is the best real estate agent for Setai Resort & Residences?
The best agent for Setai Resort & Residences is one who actively works Miami Beach and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Setai Resort & Residences.
How do I find a top Miami Beach real estate agent who knows Setai Resort & Residences?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Setai Resort & Residences and the wider Miami Beach area.
Can Momentum Realty connect me with an agent for Setai Resort & Residences?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Setai Resort & Residences purchase or sale - no call center and no pressure.
A buyer targeting a specific unit type or view line who is comfortable pricing off per-square-foot data rather than a broad median.Excellent fit
A seller prepared to price against the most recent comparable closings rather than an older peak figure.Excellent fit
A buyer with flexibility on timeline who can work with a roughly 37-day marketing period.Excellent fit
A buyer who wants a large pool of recent comparables before committing to an offer.Probably not
A buyer relying on a stated list of building amenities, since none are currently confirmed from MLS data.Probably not
A seller expecting the prior year's pricing trend to hold without adjustment.Probably not

Nearby Communities

Explore more neighborhoods near Setai Resort & Residences with Momentum Realty’s local guides.

BSBoulan South Beach Condo0.1 mi awayJCJames Central Towers Cond0.2 mi awaySCSherita Condo0.2 mi awaySBSea Beach Towers Condo0.2 mi awayASArtepark South Condo0.2 mi awayRPRoney Palace0.2 mi away

Browse all neighborhood guides →

Data sources & freshness

Live listingsMIAMI MLS, refreshed twice daily (last: September 12, 2026)
Community market statsMIAMI MLS closed sales, 12-month windows ending September 12, 2026
Under-contract sharesMIAMI MLS records, as of 2026-09-08
Historical depthClosed-sale records back to 2018 (51 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of MIAMI MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the MIAMI MLS member average and 8 days faster, and we’ll price yours against live local comps.

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CallFree valuation →
Thinking of selling in SETAI RESORT & RESIDENCES? 8 recorded closings; median 41 days on market (window ending 2026-09-12). See the Miami-Dade County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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