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Waterfront · Condominium
$3,300,000$2,508 / sqft
101 20th St # 2506, Miami Beach FL 33139
Listed
2
Bedrooms
2
Bathrooms
1,316 sqft
Interior
2004
Year built
$5,207 / mo
HOA
Condominium
Type
About this home
Experience elevated oceanfront living at The Setai Hotel Residences. This south-facing two-bedroom residence offers sweeping ocean and Miami skyline views, with spectacular sunrises and sunsets through floor-to-ceiling glass. The residence is offered furnished with The Setai’s original hotel furniture package, which differs from the furnishings shown in the photos. Residents enjoy The Setai’s Five-Star resort lifestyle with three infinity pools, direct beach access and service, The Setai Spa, fitness center, acclaimed dining at Jaya and Ocean Grill, valet, and 24-hour concierge and security. An exceptional opportunity in the heart of Miami Beach. Tenant occupied through Nov. 1st
Features
- First Floor Entry
- Built-in Features
- Walk-In Closet(s)
- Open Balcony
- Ocean View
- Direct Ocean
- Skyline
- Water View
Leasing
- Minimum lease
- 184 days
- Leases permitted per year
- 2
- No Daily Rentals
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 2-bed rentals in Miami Beach, from 200 active listings; the middle half ask $3,595–$10,000.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.