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Condominium
$5,595,000$2,046 / sqft
1201 20th St, Miami Beach FL 33139
Listed
3
Bedrooms
3
Bathrooms
2,734 sqft
Interior
2016
Year built
$7,643 / mo
HOA
Condominium
Type
About this home
If you know, you know. Live in Sunset Harbour in this iconic corner penthouse, where quiet luxury meets unmatched exclusivity. Spanning 2,734 interior square feet, this 3-bedroom, 3-bathroom masterpiece features bespoke interiors masterfully crafted by the world-renowned Ronny Costansi Design. The expansive primary suite includes a private den/office, offering a seamless work-from-home sanctuary. Outside, a 400+ square foot wraparound balcony leads via internal access to an extraordinary 2,700+ square foot private rooftop deck—your personal oasis in the sky with panoramic vistas. Situated in South Beach’s premier, highly walkable enclave, you are steps from Fresh Market, Lucali, Pura Vida, Maman, and Barry’s Bootcamp, with a new Whole Foods arriving right across the street. Located in an elite, boutique 43-unit building offering full-service amenities, including a 24-hour concierge and valet. Unit comes with 3 private parking spots and a storage unit.
Features
- First Floor Entry
- Den/Library/Office
- Family Room
- Other
- Courtyard
- Open Balcony
- Other View
Leasing
- Minimum lease
- 180 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 3-bed rentals in Miami Beach, from 103 active listings; the middle half ask $9,000–$38,000.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.