Two-bedroom home sells in Setai Resort and Residences

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Fareed Asadi sold a two-bedroom, two-bath home at 101 20th St., Unit 2501, in Miami Beach, to Jay Bloom (Husband) and Eileen Bloom (Wife) for $5,850,000 on Jan. 29.

The 1,198-square-foot home last sold for $3,000,000 in April 2010. It is located in the Setai Resort and Residences condo development.

According to BlockShopper, there have been 1,823 home sales in Miami Beach during the past 12 months with a median sale price of $275,000.

Address: 101 20th Street, Unit: 2501
Buyer(s): Jay Bloom (Husband) and Eileen Bloom (Wife)
Seller(s): Fareed Asadi
Sale date: Jan. 29, 2014