The Setai Hotel is a 40-story extreme-luxury, high rise on prime Miami Beach real estate. The Setai houses 175 residencies with panoramic ocean views, floor-to-ceiling windows and on-site five star hotel amenities. There are studio, one, two, up to five bedroom units, which range in size from 850 to 6,000 square feet. The Penthouse units have private terraces and decks with lap pools. More to look forward to at Setai: 24 hour security and valet, SubZero and Gagenau Appliances, posh beach club and sexy, lounging bars. Right now there are about 47 Setai units for sale, thanks to the economy. Listing prices are way down and buyers should take serious advantage now. A few deals worth looking into would be, unit 2105 which is an 821 square foot, one bedroom unit, listed for $1,350,000 which is 10% lower than its original purchase price. There is 1801, a two bedroom, two bathroom, 1,198 square foot unit listed for $1,575,000 which is 19.2% lower than the original price. Then, there is unit 360 which is a five bedroom, five bathroom that is listed for $5,995,000, down 14.3% from its original purchase price. The moral of the story is take advantage of Setai deals and short sales! The question isn’t why but why not? The Setai is the building to be in on Miami Beach, get in while the getting is good.