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About Setai Residence 3803

Another Collectable Property by the Jeff Miller Group at The Setai Residences. This coveted ocean view three bedroom (03-05 Line Combination) promises an unparalleled oceanfront living experience with access to an array of world-class amenities. Immerse yourself in tranquility as you relax by one of the three mesmerizing oceanfront pools. For those seeking the ultimate beach experience, the exclusive Setai Beach Club provides the perfect retreat for a day of sun and surf. Indulge your culinary senses with a variety of dining options. Whether it's a gourmet meal at Jaya, Japon, savoring the flavors of The Ocean Grill, or opting for the convenience of in-room dining, the Setai caters to your every culinary desire. For moments of self-pampering, escape to the renowned Valmont Spa.

The Setai Amenities and Lifestyle

At The Setai Miami Beach, every amenity is thoughtfully designed to deliver a seamless, five-star lifestyle defined by tranquility and indulgence. Residents can unwind beside three stunning, temperature-controlled oceanfront pools, each offering a distinct ambiance, or retreat to the exclusive Setai Beach Club for a refined day of sun, sand, and private beach service along the shores of Miami Beach.

Culinary experiences are equally exceptional, with acclaimed on-site dining that includes Jaya at The Setai, Japon at The Setai, and The Ocean Grill at The Setai, each offering a distinct atmosphere and globally inspired cuisine. For added convenience, in-residence dining ensures every craving is met with effortless sophistication.

Wellness and relaxation are elevated at the renowned Valmont Spa at The Setai, complemented by a state-of-the-art fitness center and a full suite of personalized services. From 24-hour concierge and valet to housekeeping and bespoke lifestyle assistance, The Setai delivers a level of service that is both discreet and exceptional.

Perfectly positioned in the heart of South Beach, residents are just moments from world-class dining, luxury boutiques, and vibrant cultural experiences that define Miami. A rare opportunity to own within one of Miami Beach’s most iconic addresses where elevated amenities, beachfront serenity, and timeless prestige converge.

The Setai Hotel Rental Program & Benefits of Ownership

One of the most compelling benefits of owning a residence at The Setai Miami Beach is the flexibility to enjoy your home when you are in Miami while generating meaningful rental income when you are away.

The Setai allows short-term rentals, giving owners the opportunity to place their residence into a professionally managed rental program. This creates an ideal ownership model for a second home or vacation residence: enjoy the lifestyle, amenities, and services of one of Miami Beach’s premier luxury hotels while allowing the property to generate income between your stays.

Residence 3803 provides an excellent example. The property is professionally managed by Luxury Rentals and has generated approximately $400,000 in annual gross rental revenue. This income can substantially offset the ongoing expenses associated with ownership, including condominium maintenance fees, property taxes, and insurance.

For an owner purchasing without financing, the economics can be particularly attractive. Based on the residence’s historical rental performance and current expenses, the rental income has the potential to cover the majority of the property's annual carrying costs while still generating additional annual income, depending on occupancy, rental rates, management fees, and operating expenses.

Most importantly, owners maintain the ability to enjoy their Miami Beach residence while benefiting from the income-producing potential of the property when they are not in residence. Rather than having a second home sit vacant for much of the year, the residence can become a productive asset that helps offset the cost of ownership.

It is a unique combination of luxury, flexibility, lifestyle, and income potential, allowing you to own a home at The Setai, enjoy everything Miami Beach has to offer, and generate revenue from the residence between your stays.

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