101 20th St # 1805, Miami Beach FL 33139 | Miami-Dade County | A11971756
  • $2,475,000

Description

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 Overview

This is a 1-bedroom, 1.5-bath condominium of about 821 square feet at 101 20th St # 1805, Miami Beach FL 33139 (Miami Beach 33139), listed at $2,475,000.

Monthly Costs, Stated Plainly

The monthly HOA fee is $3,771.

The tax of record is $26,411 (2025). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $49,500/yr (≈ $4,125/mo); with the homestead exemption on a primary residence, about $48,500/yr (≈ $4,042/mo). Confirm with the Miami-Dade Property Appraiser and a tax professional — these are estimates, not quotes.

Frequently Asked Questions

What is the list price, and what typically conveys with a home like this?

The list price is $2,475,000. For this condominium, the fixtures, window treatments, and any permanently installed appliances are included. The MLS record does not specify the furnished status, so this must be verified.

This home includes a private pool. The building provides shared amenities such as a bar, elevators, an exercise room, and a sauna. To confirm exactly what is included in the sale, contact Christopher Lazaro, Miami Beach Real Estate Broker.

Where exactly is it, and what should I know about the location?

The condominium at 101 20th Street, #1805, is located in the Miami Beach 33139 zip code. This places it within the city's coastal corridor, offering proximity to the ocean and bay.

For a detailed discussion of the immediate neighborhood, including building-specific insights, you should contact Christopher Lazaro, Miami Beach Real Estate Broker, to verify all particulars.

What are the HOA / association fees, and what do they cover?

The monthly HOA fee of $3,771 covers Air Conditioning Maintenance, All Amenities, Building Exterior, Cable TV, Elevator, Hot Water, Insurance, Internet/WiFi, Outside Maintenance, Parking, Pool Service, Security, and Water. It is also important to note that the condominium association and its rules are subject to the City of Miami Beach municipal code.

For a precise breakdown and to verify the current fee structure against the listing sheet, you should contact Christopher Lazaro, Miami Beach Real Estate Broker.

What are the property taxes and homestead implications?

The tax of record is $26,411 (2025). As an estimate only, Florida reassesses at sale. At this list price of $2,475,000 and a Miami-Dade rate near 2.0%, the projected annual tax is about $49,500 without a homestead exemption, or about $48,500 with one. Florida's homestead exemption lowers the taxable value only for a primary residence.

These are estimates, not quotes. You should confirm with the Miami-Dade Property Appraiser and a tax professional. For precise implications on this unit, contact Christopher Lazaro, Miami Beach Real Estate Broker.

Is the home in a flood zone, and what does that mean?

This property is located in a FEMA-designated flood zone. Flood zones classify an area's flood risk, and lenders often require flood insurance for properties in high-risk zones. You can review the official FEMA definitions and View the FEMA flood map for this address.

For a precise verification of the flood designation and its specific insurance implications for this listing at $2,475,000, contact Christopher Lazaro, Miami Beach Real Estate Broker.

Are pets allowed?

According to the condo association rules, pets are not permitted at 101 20th St # 1805. It is important to understand that service animals are a protected accommodation under federal law. For emotional support animals, a documented request for reasonable accommodation under the Fair Housing Act may be reviewed by the association, subject to evolving state and federal guidelines.

For precise verification of these policies and current procedures, consult with a Florida real-estate attorney. Please contact Christopher Lazaro, Miami Beach Real Estate Broker, to discuss this further.

How is the price set and is there room to negotiate?

Recent Miami-Dade condo data shows a market where properties are closing at an average of 94% of their final list price, spending roughly 64 days on the market. A competitive offer for a unit in this specific building and vicinity is determined by a comparative market analysis.

I can provide a detailed CMA for Miami Beach condos before you decide on an offer strategy. To verify the analysis and discuss negotiation, contact Christopher Lazaro, Miami Beach Real Estate Broker.

What financing step do you recommend before touring?

I strongly recommend securing a pre-approval from a Florida-licensed mortgage loan officer before touring any property, including 101 20th St # 1805. This is a non-negotiable first step for serious buyers in this market, especially for a condo listed at $2,475,000. It clarifies your budget and strengthens your position.

Begin that process at Get-PreApproved.com. Afterwards, contact Christopher Lazaro, Miami Beach Real Estate Broker, to verify your standing and discuss the specific financial considerations for this unit.

Monthly Fees & Carrying Costs

Association Fee $3,771 / month
Condo Maintenance Fee $3,771 / month
Total Monthly Fees $7,542 / month

Fees with a non-monthly frequency are converted to a monthly equivalent in the total.

  • Membership Required: No
  • Application Fee: $150 (one-time)

Have a question about this Miami Beach listing?

Talk directly with Christopher Lazaro, your Miami Beach real estate advisor. No pressure — real answers.

  • Address: 20th St
  • City: Miami Beach
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33139
  • Area: SETAI RESORT & RESIDENCES

Details

Updated on August 14, 2026 at 10:43 pm
  • Property ID A11971756
  • Price $2,475,000
  • Property Size 821 Sq Ft
  • Bedroom 1
  • Room 0
  • Bathrooms 1.5
  • Garage 1
  • Year Built 2004
  • Type Condominium
  • Property Status Active, Residential

Additional details

  • Flooring Marble, Wood
  • Waterfront Features Canal, Ocean Access, Ocean Front
  • Bedroom Features Primary Bedroom Ground Level
  • Cooling Central Air
  • Association Type Condo
  • Building SETAI RESIDENCES
  • Association Fee Frequency Monthly
  • Area Setai Resort & Residences
  • Annual Tax 26411
  • Maintenance Fee Paid Per Monthly
  • Association Yes
  • Private Pool Yes
  • Listing Terms All Cash, Conventional
  • Neighborhood MIAMI BEACH
  • Waterfront Yes
  • Full Bathrooms 1
  • Subdivision SETAI RESORT & RESIDENCES
  • Total Stories 40
  • Restrictions Ok To Lease, Other Restrictions, See Broker Remarks
  • Amenities Bar, Elevator(s), Exercise Room, Private Pool, Sauna
  • Parking 1 Space, Valet, Limited # Of Vehicle
  • Heating Central
  • Structure Type Condo 5+ Stories, Condo
  • Tax Year 2025
  • Construction Concrete Block Construction, CBS Construction
  • Building Area 821
  • Covered Spaces 1
  • Unit Floor 18
  • Frontage Bay
  • View Bay, Intracoastal View, Direct Ocean
  • Year Built Details Resale
  • Pets Allowed No
  • Attached Yes
  • Unit Number 1805
  • Inclusions Other
  • Half Bathrooms 1
  • Flood Zone AE
  • Patio / Porch Open Balcony
  • New Construction No
  • Garage Spaces 1
  • Style Condo 5+ Stories
  • Association Fee 3771
  • Lot Size (Sq Ft) 0
  • Membership Purchase Required No

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