101 20th St 1805, Miami Beach, FL 33139 — MLS photo

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101 20th St 1805, Miami Beach, FL 33139

Active · Condominium

$2,475,000

101 20th St 1805, Miami Beach, FL 33139

Beds
1
Baths
2
Living area
821 sq ft
$ / sq ft
$3,015/sq ft
Year built
2004
Lot size
—
HOA fee
$3,771
Annual tax
—

About this property

Luxury living at The Setai Hotel Residences, Miami Beach. Largest 1-bed condo in The Setai, eligible for daily, weekly, monthly, or annual rentals, offers a lucrative income opportunity through rental management. Revel in 5-star resort living with 3 infinity pools, spa, 24-hr room service, beach service, 3 restaurants, and 2 bars. Situated on a high floor, the unit provides stunning NE views of the Atlantic Ocean and Miami Beach. The residence features the hotels newest furniture package ready for the hotel rental program, a terrace, teak floors, slate bathrooms, and a gourmet kitchen. Experience the epitome of luxury with Setai's 24-hr security, valet, concierge, fitness center, and private beach lounges.

Property location

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101 20th St 1805, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
821 sq ft

Exterior & Structure

Property type
Condominium
Year built
2004

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$3,771
County
Miami-Dade
MLS listing ID
A11971756
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$13,411

Cap rate
-0.8%
Net yield
-0.8%
Cash-on-cash return
-23.2%
Gross yield
4.0%
Mortgage payment
$11,733/mo
Down payment
$618,750
Loan amount
$1,856,250
Annual NOI
-$20,135

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.