WSJ + The Real Deal: Guetta Buys Setai $9.5M Condo From NYC Billionaire
This Setai transition was a Record in Miami-Dade
This recent real estate transaction at the Setai in Miami-Dade has made headlines, as it set a new record for the highest price per square foot paid since September of 2015. The buyer of this prestigious property is none other than French DJ and music producer, David Guetta.
Deal: Wall Street Journal Report
According to a report in the Wall Street Journal, David Guetta has purchased a luxurious Miami Beach condominium for a staggering $9.5 million. The transaction was handled by his real estate agent, Michael Wiesenfeld. The unit was acquired in an off-market deal, marking a significant investment for Guetta in the Miami real estate market.
The Real Deal Reveals the Details of this Setai acquisition
Further details about the transaction were revealed in an article by The Real Deal. Records show that David Guetta paid $9.5 million, equivalent to approximately $3,800 per square foot, for unit 3709 located at 101 20th Street. The previous owner of the property was New York real estate billionaire, Richard LeFrak.
The corner unit spans 2,521 square feet and features three bedrooms, two master suites, motorized shades, and wraparound balconies. Additionally, it is listed for rent at $30,000 a month, offering an exclusive opportunity for luxury living in Miami Beach.
Michael Wiesenfeld and Anita Zelda Freud, experienced real estate agents, facilitated the transaction as representatives of What a View LLC, the entity managing the property. According to Wiesenfeld, David Guetta plans to rent out the unit for the majority of the year.
David Guetta’s acquisition of this Miami Beach condominium marks a significant investment in the city’s thriving real estate market. With its luxurious features, stunning views, and prime location, the property exemplifies the allure of Miami’s high-end residential offerings.
Contact The Freud Group today for more information and expert guidance on Miami’s luxury real estate market. Our team of professionals is ready to assist you in finding your dream property.
Visit The Freud Group to explore a wide range of exquisite luxury properties in Miami and discover the possibilities that await you.
South Beach and David Guetta
South Beach, located in Miami Beach, is a vibrant destination known for its beautiful beaches and lively nightlife.
David Guetta, a prominent DJ and music producer, is drawn to South Beach’s allure.
Performing at iconic venues, Guetta captivates audiences with his electrifying performances.
With his recent real estate investment, Guetta gains a luxurious retreat in South Beach.
South Beach’s art, culture, and entertainment align perfectly with Guetta’s dynamic persona.
Guetta becomes part of a community that embraces the arts.
Whether enjoying the beach or exploring the shops, South Beach offers diverse experiences.
Guetta’s presence adds excitement to the already bustling scene.
Contact Michael wiesenfeld or Zelda Freud with The Freud Group to explore luxury properties in South Beach.
Visit The Freud Group to start your luxury real estate journey.