Atlantic Luxury AdvisorsKeller Williams Realty Services

38 photos

101 20th St #1707

Miami Beach, FL 33139

$15,750,000
4
4
3,837 sq ft
2004
3 car
Condominium
$17,509/mo
Yes
113
Active

Listing courtesy of One Sotheby's International Realty. Contact: [email protected].

About this home

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.

What it costs to own
Estimated monthly payment
$131,196/mo
Principal and interest
$79,641
Property tax
$24,204
Homeowners insurance
$9,842
HOA
$17,509

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$290,448/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.

HOA
$17,509/mo (from the listing)
FEMA flood zone
Lookup unavailable. Check the FEMA map
Hurricane evacuation zone
Lookup unavailable. Know your zone

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Florida condo safety laws

Setai Resort & Residences, A Condo was built in 2004, according to the county property appraiser.

If it has three or more habitable stories, Florida law (s. 553.899, F.S.) requires a milestone structural inspection by December 31 of the year it reaches 30 years of age, then every 10 years; for a building of this age the first one is due by December 31, 2034. A local building official may require it at 25 years near salt water.

Condominium buildings of three or more stories also need a structural integrity reserve study (s. 718.112(2)(g), F.S.) at least every 10 years; associations formed on or before July 1, 2022 had to complete one by December 31, 2025.

Dates follow from the statutes and the year the county appraiser lists for the building, not from the association's records. Ask the association for its milestone inspection report, its most recent structural integrity reserve study and any approved or proposed special assessments, and review them before you buy.

Location
Location from the listing's MLS coordinatesMap data © OpenStreetMap contributors

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.