Atlantic Luxury Advisors
Under contract. Ask us to watch it: if it comes back on the market, you hear first.
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35 photos

1201 20th St #204

Miami Beach, FL 33139

$2,525,000
2
2.5
1,440 sq ft
2016
2 car
Condominium
$4,025/mo
Yes
101
Active Under Contract

Listing courtesy of Brown Harris Stevens (Lisa Van Wagenen). Contact: [email protected].

About this home

Welcome to Palau 204 — a serene, light filled waterfront retreat in the heart of Sunset Harbour. This spacious 2BR home features a rare private yard and an impressive 50-foot waterfront terrace, ideal for entertaining, relaxing, children, and pets. Beautifully curated interiors include custom millwork, designer built-ins, luxury lighting, and high-end wall and window treatments. All rooms open directly to the expansive balcony, seamlessly blending indoor and outdoor living. Boutique luxury building by Kobi Karp , landscaping by Raymond Jungles. Exceptional amenities include rooftop bayfront pool, waterfront promenade, boat slips, fitness center, concierge, valet, and 24-hour security. Sunset Harbor’s renowned dining, shopping, marina, yoga studios, and fitness clubs all right there.

What it costs to own
Estimated monthly payment
$22,195/mo
Principal and interest
$12,768
Property tax
$3,827
Homeowners insurance
$1,575
HOA
$4,025

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
$45,927/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.

HOA
$4,025/mo (from the listing)
FEMA flood zone
Zone AE, special flood hazard area

Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.

Hurricane evacuation zone
Zone B: ordered to evacuate for Category 1 hurricanes and stronger.

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.

Location

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. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.