101 20th St 1707, Miami Beach, FL 33139 — MLS photo

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101 20th St 1707, Miami Beach, FL 33139

Active · Condominium

$15,750,000

101 20th St 1707, Miami Beach, FL 33139

Beds
4
Baths
4
Living area
3,837 sq ft
$ / sq ft
$4,105/sq ft
Year built
2004
Lot size
—
HOA fee
$17,509
Annual tax
—

About this property

The Setai Miami Beach, Miami’s premier oceanfront resort experience, offers a rare combination of scale, privacy, and seamless access to one of the city’s most coveted luxury destinations. Upon entry, you are immediately greeted by breathtaking, unobstructed ocean views, with turquoise waters stretching from north to south, an ever-changing backdrop that defines the home. The first level is thoughtfully designed for both entertaining and everyday living, featuring a formal living area, family room, and dining area, complemented by a chef’s kitchen and two well-appointed guest bedrooms. A striking floating spiral staircase leads to the upper level, where two additional bedrooms await, including a spacious primary suite with direct ocean views. This coveted four-bedroom residence, combining the highly desirable 07 & 08 lines, delivers an unparalleled oceanfront lifestyle. Ownership includes access to an exceptional suite of five-star amenities, including three stunning oceanfront pools and the exclusive Setai Beach Club, offering a seamless beachside experience. Culinary offerings are equally impressive, with renowned on-site dining such as Jaya & Japon and The Ocean Grill at The Setai, along with the convenience of in-residence dining. For ultimate relaxation, the acclaimed Valmont Spa at The Setai provides a tranquil escape for rejuvenation and wellness. The Setai permits short-term rentals, offering the opportunity to generate income through the hotel’s rental program.

Property location

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101 20th St 1707, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
4
Bathrooms
4
Living area
3,837 sq ft

Exterior & Structure

Property type
Condominium
Year built
2004

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$17,509
County
Miami-Dade
MLS listing ID
A12011215
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

-$81,100

Cap rate
-0.5%
Net yield
-0.5%
Cash-on-cash return
-22.1%
Gross yield
3.8%
Mortgage payment
$74,663/mo
Down payment
$3,937,500
Loan amount
$11,812,500
Annual NOI
-$77,243

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