NOT LISTED FOR SALE

The Setai 101 20th St Unit 2501/02 Miami Beach, FL 33139

Miami Beach Boardwalk Neighborhood

Estimated Value: $2,949,698 - $4,519,000

2 Beds
3 Baths
2,411 Sq Ft
2004 Built

Last Sold August 31, 2023

Last sale price $6,500,000 $2,696 Per Sq Ft

Est. 46% decrease in value since last sale

Current estimated payment $22,055/month

63 Days on Market

Highlights

  • Valet Parking
  • Bar or Lounge
  • Sitting Area In Primary Bedroom
  • Ocean Front
  • Fitness Center
  • 3-minute walk to Collins Park

About This Home

As of August 2023

Breathtaking day and sunset views of the Miami Skyline and Beaches from this exceptional residence at the acclaimed 5-Star Setai. A rarely available combo of two apartments providing a flow-through and spacious space from east to west. Fully remodeled, every detail throughout the residence custom designed- wood floors, Poliform closets, Subzero refrigerator / Wolf appliances.
This 2 bedroom / 3 bath home in the sky counts with an entry foyer, living room, dining room, family room, open & bright kitchen, spacious master bedroom with sitting area that may be converted into a 3rd bedroom, laundry room and plenty of storage space.

Last Agent to Sell the Property

Ronit Perez

Suma Luxury Realty License #0695330 Listed on: 02/14/2023

Last Buyer's Agent

Linda Petushi

Douglas Elliman License #3395621

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $67,732

Year Built

  • Built in 2004

Lot Details

  • Ocean Front
  • End Unit

Parking

  • 2 Car Garage

Property Views

Home Design

  • Entry on the 25th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,411 Sq Ft Home
  • Built-In Features
  • Blinds
  • Family Room
  • Wood Flooring

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Sitting Area In Primary Bedroom
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • 3 Full Bathrooms
  • Dual Sinks

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Additional Features

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-153-1020

Community Details

Overview

  • Property has a Home Owners Association
  • High-Rise Condominium
  • The Setai Condos
  • Setai Resort & Residences,The Setai Subdivision, 01 / 02 Combo Unit Floorplan
  • 41-Story Property

Amenities

  • Valet Parking
  • Bar or Lounge
  • Elevator
  • Secure Lobby

Recreation

Pet Policy

  • Pets Allowed

Building Details

  • Maintenance Expense $11,215

Security

  • High Impact Windows
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$67,732

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Entry Level: 25
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • Master Model: 01 / 02 combo unit
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: SETAI RESORT & RESIDENCES,THE SETAI
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Cooking Island, Fire Sprinklers, Split Bedroom, Family Room, Utility Room/Laundry
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 2411
  • Possible Use: Secondary
  • Stories: 41
  • Window Features: Blinds, High Impact Windows
  • Bedroom Features: Sitting Area - Primary Bedroom
  • Living Room Features: Family Room, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks

Exterior Features

  • View: Bay, Intracoastal View, Ocean View, Skyline
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: THE SETAI
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Fire Sprinklers, Fire Alarm, Lobby Secured, Other

Condo/Co-op/Association

  • Amenities: Bar, Elevator(s), Exercise Room, Heated Pool, Other, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-34-153-1020
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Maintenance Expense: 11215

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 67732

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 14, 2014
Sold by
Asadi Fareed
Bought by
Bloom Jay and Bloom Eileen
Current Estimated Value
$3,482,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,920,000
Outstanding Balance
$1,394,209
Interest Rate
4.48%
Mortgage Type
Unknown
Estimated Equity
$2,088,357

Purchase Details

Closed on
Nov 18, 2010
Sold by
Asadi Fareed and Asadi Karlene
Bought by
Asadi Fareed

Purchase Details

Closed on
Apr 1, 2010
Sold by
Setai South Beach Investors Llc
Bought by
Asadi Fareed and Asadi Karlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2004
Sold by
Setai Owners Llc
Bought by
Setai South Beach Investors Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,111,425
Interest Rate
4.75%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bloom Jay $5,849,999 Multiple
Asadi Fareed -- Attorney
Asadi Fareed $3,000,000 Attorney
Setai South Beach Investors Llc $1,587,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bloom Jay $4,920,000
Previous Owner Asadi Fareed $2,100,000
Previous Owner Setai South Beach Investors Llc $1,111,425
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2023 08/31/23 Sold $6,500,000 -12.2% $2,696 / Sq Ft
04/18/2023 04/18/23 Pending -- -- --
02/16/2023 02/16/23 Price Changed $7,400,000 -1.3% $3,069 / Sq Ft
02/14/2023 02/14/23 For Sale $7,495,000 -- $3,109 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $43,749 $1,978,910 -- --
2024 $32,651 $2,328,130 -- --
2023 $32,651 $1,768,994 $0 $0
2022 $34,310 $1,867,271 $0 $0
2021 $36,055 $1,908,300 $0 $0
2020 $31,308 $1,617,200 $0 $0
2019 $35,421 $1,902,600 $0 $0
2018 $30,816 $1,668,972 $0 $0
2017 $30,857 $1,620,361 $0 $0
2016 $42,823 $2,204,574 $0 $0
2015 $46,965 $2,370,510 $0 $0
2014 $33,140 $1,292,685 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Ronit Perez

    Suma Luxury Realty

    (305) 692-0709

    3 in this area

    14 Total Sales

    Ronit Perez
    Section Image

  • L

    Buyer's Agent in 2023

    Linda Petushi

    Douglas Elliman

    (305) 975-0354

    1 in this area

    21 Total Sales

    Linda Petushi
    Section Image
  • Dina Goldentayer

    Buyer Co-Listing Agent in 2023

    Dina Goldentayer

    Douglas Elliman

    (305) 695-6300

    3 in this area

    226 Total Sales

    Dina Goldentayer
    Section Image
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About The Setai

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11337868

MIAMI REALTORS® MLS

APN: 02-3234-153-1020

Florida Miami/Dade County Miami Beach 33139 Miami Beach Boardwalk

101 20th St Unit 2501/02, Miami Beach, FL

This home is located at 101 20th St Unit 2501/02, Miami Beach, FL 33139 since 14 February 2023 and is currently estimated at $3,482,566, approximately $1,444 per square foot. This property was built in 2004. 101 20th St Unit 2501/02 is a home located in Miami-Dade County with nearby schools including Fienberg-Fisher K-8 Center, Nautilus Middle School, and Miami Beach Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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