Zilbert Beats Own Condo Sales Record With Landmark Miami Beach Sale

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Zilbert Sale of Condo at Miami Beach’s Setai Condo Resort and Residences Closes Near $3000 per Square Foot

Setai Resort and Residences 3108

We are seeing remarkable times in Miami Beach real estate

Zilbert International Realty, an innovative Miami-based luxury real estate agency, announced today that it has closed on the sale of a two-bedroom condo at Miami Beach's elegant Setai Resort and Residences. The sale created one of the highest selling prices of all-time for a condo of its size. Condo unit 3108, an 1141 square foot, 2 bedroom condo, closed yesterday at a selling price of $3.260M, the equivalent of $2,857 per square foot.

The condo was sold by Zilbert International Realty's Giorgio Vecchi, and it topped the firm's prior two-bedroom condo sales record, another Setai condo unit that sold in December, 2011 at $2,380 per square foot. Zilbert International Realty, however, continues to hold the all-time overall Miami Beach condo sales record, a Setai penthouse sold by Zilbert Realtor Jeffrey Miller in December, 2011 at $21,500,000, or $3,463 per square foot.

"The Setai, Continuum and other Miami Beach properties continue to show incredible sales and value growth in 2012", claims Zilbert Managing Broker, Mark Zilbert. He adds that "Both condos and waterfront single-family and estate homes are seeing demand unlike any other time in history".

Zilbert International Realty tracks home and condo sales in a series of online reports that are updated daily on its website at http://www.zilbert.com. The sale of Setai 3108 is listed online at http://www.zilbert.com/miami_south_beach_sold_condo_details.asp?R=A1627572.

Zilbert International Realty is full-service, premium real estate brokerage that works with clients from around the world, helping them to buy and sell properties. It specializes in luxury estates, condos, homes and vacation properties across the globe. Its current property inventory includes some of Miami's finest homes and condos, plus a signature French Chateau located outside Paris in the Loire Valley. Through its alliance with the Who's Who of Luxury Real Estate and LuxuryRealEstate.com, Zilbert's global reach extends to over 70,000 real estate professionals in over 60 countries. Collectively, Zilbert and its network partners sell over $190B annually.

The company's website, http://www.Zilbert.com is a popular tool for its customers, with over 50,000 visitors each month, and over 10,000 properties that are updated continuously.

Zilbert's sales associates are an elite team of real estate professionals, recruited through a specialized, invitation-only selection process. The company is also a leader in the use of technology and social media to help it engage with its clients. Its core business philosophy is to build personalized, one-on-one relationships with buyers and sellers of real estate, and to partner with them through every stage of a real estate transaction. Its People-and-Technology approach to the real estate market enables it to provide an exceptionally-high level of customer service and customer satisfaction.

Zilbert International Realty was founded in 2003 by Montreal-born Mark Zilbert, a technology innovator who realized almost a decade ago that to prosper in real estate would require a strong adoption of technology. Having worked for such customer-focused technology companies such as Siebel Systems (now part of Oracle Corp.), Mr. Zilbert embraced technology and real estate, and developed tools to help buyers and sellers of real estate understand and engage in real estate transactions. Mr. Zilbert has appeared on numerous national news programs including ABC's 20/20, CNBC, CBS' Morning Show, ABC's Nightline. He has also been featured in the Wall Street Journal.

The firm offers a number of ways for its customers to interact with it. Its traditional business operation offers buyers and sellers of real estate access to sales professionals via its offices, by telephone, on the web, and in person. Its new Zilbert Realty Store is a retail-like shopping experience where buyers can interact with professional sales associates in a casual setting.

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