South Florida Condo Fee Index · development report · as of September 7, 2026 · Miami Beach, Miami-Dade County

Setai Resort Residences, Miami Beach: condo fees, what sold, and what is for sale today

As of September 7, 2026, the typical Setai Resort Residences condo listed for sale carries an association fee of $5,815 a month, 411% above the Miami Beach condo median of $1,137. 12 units are for sale, 1 more are under contract, and 16.7% have cut their asking price. Over the twelve months September 2025 to August 2026, 8 Setai Resort Residences condos closed at a median $2,875,000, a median 12% under their original asking price.

Small sample: Setai Resort Residences has fewer than 20 condos for sale and fewer than 20 closings in the window, so single listings move these figures. Read them as indicative and check the counts under each number.

The fees displayed are only as accurate as the brokerage that provided them in its individual listings through the multiple listing service. Information is deemed to be reliable but not guaranteed.

Median condo fee / month$5,815Miami Beach condos $1,137; 11 listings state a fee
Condos sold: median price, 12 months$2.88M8 closings September–August 2026; $2,664 per sq ft
Median condo asking price$4.59M12 for sale; $3,343 per sq ft
Have cut their price16.7%of the units for sale today
Median days on market186cumulative, relistings included
Built2004median year built across listings

For buyers and sellers: Sellers here are asking a median $4,587,500 while the last twelve months of sales closed at a median $2,875,000, 87.8% of the original asking price. That gap, plus 12 competing units, is the pricing reality a Setai Resort Residences seller starts from; a buyer should budget $5,815/mo in fees on the typical unit and ask what a quote well under $4,598 leaves out.

The story for media: "8 condominiums in Setai Resort Residences, Miami Beach, sold between September 2025 and August 2026 at a median price of $2,875,000, or 87.8% of their original asking price, while 12 remain for sale with a median association fee of $5,815 a month, according to PBP Real Estate's daily analysis of BeachesMLS data as of September 7, 2026."

What condos actually sold in Setai Resort Residences, month by month

8 condo closings from September 2025 to August 2026, median $2,875,000; bars count sales, dots mark the monthly median where three or more closed
20Sep: 1 closedSep1Oct: 2 closedOct2Nov: 2 closedNov2Dec: 0 closedDecJan: 0 closedJanFeb: 1 closedFeb1Mar: 0 closedMarApr: 0 closedAprMay: 1 closedMay1Jun: 0 closedJunJul: 0 closedJulAug: 1 closedAug1September 2026: 0 reported so far, not charted (closings post with a lag)

Source: BeachesMLS via PBP Real Estate's brokerage feed, condominium listings permitted for internet display. Active and under contract as of Sep 7, 2026; closed sales September 2025 to August 2026. Deemed reliable but not guaranteed.

87.8%of original asking price, median condo sale88.6% of the final asking price
$2,664condo sold price per square footasking today $3,343
110days to sell, mediancumulative days on market of closed sales
91.7%Miami Beach condos, sold to original asking1,514 city closings, same window

Range $1,950,000 to $5,500,000. Sold figures cover listings permitted for internet display and closed between September 1, 2025 and August 31, 2026; they are counts and medians, never an opinion of any unit's value.

Where the Setai Resort Residences fee sits among Miami Beach condos

Setai Resort Residences median $5,815/mo against the Miami Beach middle half ($752 to $1,835) and median ($1,137); 96% of Miami Beach condo listings ask less.
Miami Beach median $1,137Setai Resort Residences $5,815$451$6,687+

Shaded band = 25th to 75th percentile of Miami Beach condo fees for sale today. Source: BeachesMLS via PBP Real Estate's brokerage feed, condominium listings permitted for internet display. Active and under contract as of Sep 7, 2026; closed sales September 2025 to August 2026. Deemed reliable but not guaranteed.

Inside Setai Resort Residences the middle half of fees runs $4,598 to $9,193 a month ($4.55 per square foot). Units that sold in the last twelve months carried a median fee of $5,414 at the time of listing.

What the Setai Resort Residences fee includes, as entered by listing brokers

  • Cable TV 81.8%
  • Pool 72.7%
  • Security 63.6%
  • Water 63.6%
  • Trash 54.5%
  • Building insurance 45.5%
  • Hot water 45.5%
  • Structure maintenance 36.4%
  • Grounds 36.4%
  • Common areas 36.4%

Share of the 11 Setai Resort Residences listings that state what the fee covers. Utilities, insurance and reserves change what a fee is worth; compare coverage before dollars.

What condos are for sale in Setai Resort Residences today

12 condos by size, with the median asking price of each group
1 bed2 for sale2 bed6 for sale · median $4.25M3 bed2 for sale4 bed2 for sale

Source: BeachesMLS via PBP Real Estate's brokerage feed, condominium listings permitted for internet display. Active and under contract as of Sep 7, 2026; closed sales September 2025 to August 2026. Deemed reliable but not guaranteed.

7.7%of condos are under contract1 of 13 listings
2condos with a price cutof 12 for sale
186median days on marketcumulative, relistings included
$2.38M–$16Mcondo asking price rangemedian $4,587,500

See every Setai Resort Residences listing with photos, fees and days on market, or get an email when a new Setai Resort Residences unit lists.

0mention a special assessment0 of 12 listings (0%)
0state an age restriction (55+)0 of 12 listings (0%); confirm with the association
0mention a required membership0 of 12 listings (0%)
0mention a land or recreation lease0 of 12 listings (0%)

Counts of the condominium listings for sale whose agent-written public remarks mention each item; not verified and not a statement about the association. Ask for the budget, reserve study and any assessment resolution before writing an offer.

For sellers

Pricing a home correctly is a skill. It starts with data most agents and consumers never see.

34.6% of the condos for sale in Miami Beach have already had to cut, a median $34,000, and buyers compare your fee against 11 other listings before they book a showing.

This page is built from every Miami Beach listing in BeachesMLS and refreshed each morning. Gia Freer, Broker of Record, turns that same data into one written pricing opinion for your condo: the sales, cuts, fees and days on market it actually competes with, with the reasoning, before it goes live.

No website estimate, no automated number: a comparative market analysis done by hand, within one business day.

34.6%Have already cutmedian cut $34,000 (6%)
65.4%Still at their first priceevery seller starts here; the first price decides who stays
1,596 condos for sale in Miami Beach, BeachesMLS, September 7, 2026. Information is deemed reliable but not guaranteed.

Reviewed by Gia Freer, Broker of Record (Lic. BK689801). Reply within one business day. No automated estimate is published on this site.

Buying in Setai Resort Residences? Email me when a new Setai Resort Residences unit lists, or browse every unit for sale.

Setai Resort Residences questions, answered from the data

What is the condo fee in Setai Resort Residences, Miami Beach?

As of September 7, 2026, the median monthly-equivalent association fee across the 11 Setai Resort Residences condominiums for sale that state a fee is $5,815; the middle half runs $4,598 to $9,193. That is 411% above the Miami Beach condo median of $1,137. The fees displayed are only as accurate as the brokerage that provided them in its individual listings through the multiple listing service. Information is deemed to be reliable but not guaranteed.

What did condos in Setai Resort Residences sell for?

8 Setai Resort Residences condominiums closed between September 1, 2025 and August 31, 2026 at a median $2,875,000 ($2,664 per square foot), ranging from $1,950,000 to $5,500,000. The median sale closed at 87.8% of the original asking price and 88.6% of the final asking price, after a median 110 cumulative days on market. Closings are reported to the MLS with a lag, so the window ends with the last full month; 0 September 2026 closings have been reported so far and are not in the medians.

How many Setai Resort Residences condos are for sale, and are prices being cut?

12 Setai Resort Residences condominiums are listed for sale as of September 7, 2026, asking from $2,375,000 to $15,999,000 with a median of $4,587,500; 1 more is under contract. 16.7% of the active listings have reduced their price at least once, by a median — (null%). The median active condo listing has been on the market 186 cumulative days, relistings included.

Does Setai Resort Residences have special assessments, age restrictions or membership requirements?

We report what listing agents wrote, not what the association has decided. Among the 12 Setai Resort Residences listings for sale, 0 mention a special assessment in the public remarks; 0 state an age restriction such as 55+; 0 mention a required club or equity membership; 0 mention a land or recreation lease. Confirm every one of these with the association documents before writing an offer.

How is this Setai Resort Residences report built and how often is it updated?

Every morning from PBP Real Estate's own BeachesMLS data feed: active and under-contract condominium listings in Miami Beach whose subdivision field names Setai Resort Residences, plus every closing in the twelve months ending August 31, 2026. Fees are converted to a monthly equivalent and both association layers are summed. Medians need five or more records, percentages ten or more; smaller groups are shown as counts. Setai Resort Residences is a small sample today (under 20 listings and under 20 sales), so read its figures as indicative. This is a market read of MLS listing data, not an opinion of value about any unit or a statement about the association's finances. The fees displayed are only as accurate as the brokerage that provided them in its individual listings through the multiple listing service. Information is deemed to be reliable but not guaranteed.

More live Miami Beach data

As of September 7, 2026. PBP Real Estate analysis of BeachesMLS listings.

Method: listings whose MLS subdivision field maps to Setai Resort Residences after normalization (tower, section and phase records merged; master community plus its enclaves), condominiums by tax legal description (a townhouse, villa or house whose legal records a condominium is included), Miami Beach, permitted for internet display in PBP Real Estate's BeachesMLS data feed. Active and under-contract figures are from the daily snapshot as of September 7, 2026; closed sales are from a rolling archive and cover September 1, 2025 to August 31, 2026, the last full month, because closings are reported to the MLS with a lag. Fees are as entered by each listing office, converted to a monthly equivalent, with master and sub-association layers summed. Medians require five or more records and percentages ten or more; smaller groups are shown as counts. Remark-based flags are keyword classifications of agent-written text and are not verified. Nothing here is an opinion of value about any property or a statement about any association's finances. The fees displayed are only as accurate as the brokerage that provided them in its individual listings through the multiple listing service. Information is deemed to be reliable but not guaranteed.