$3,500,000
SOLD JUL 3, 2025

Palau At Sunset Harbour 1201 20th St Unit PH02 Miami Beach, FL 33139

Bayshore Neighborhood
3 Beds
3.5 Baths
2,031 Sq Ft
$3,993/mo HOA Fee

Recently Sold

$1,723 Per Sq Ft

10% Below List Price

79 Days on Market

Highlights

  • Doorman
  • Boat Dock
  • Penthouse
  • North Beach Elementary School Rated A-
  • Fitness Center
  • 1-minute walk to Probus Park

About This Home

As of July 2025

Step into luxury at Palau Sunset Harbour's Penthouse 02, boasting a total of 4,256 SF indoor/outdoor space. The residence includes 2,031 SF interior area, 320 SF balcony area, and a 1,905 SF private rooftop. Featuring 2 beds, 3.5 baths, with a simple conversion option to a 3rd bed. Floor-to-ceiling windows flood the space with natural light, revealing stunning views of the water and Sunset Islands. The gourmet kitchen features Wolf appliances and a wine cooler. Elegant marble floors, refined wood paneling, and niches w/living walls add unique elegance. Lutron and Savant smart home upgrades, custom closets, and motorized blinds elevate the ambiance. Designed by renowned architect Kobi Karp, Palau PH02 perfectly balances urban convenience and tranquility, offering an unparalleled lifestyle.

Last Agent to Sell the Property

Liz Hogan

Compass Florida, LLC Brokerage Phone: 305-804-9700 License #3045004 Listed on: 02/24/2025

Compass Florida, LLC

Co-Listed By

Kaitlyn Neumann

Compass Florida, LLC Brokerage Phone: 305-804-9700 License #3507817

Last Buyer's Agent

Liz Hogan

Compass Florida, LLC Brokerage Phone: 305-804-9700 License #3045004 Listed on: 02/24/2025

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $57,484

Year Built

  • Built in 2016

HOA Fees

  • $3,993 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Bay
  • Canal

Home Design

  • Penthouse
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,031 Sq Ft Home
  • Furnished
  • Built-In Features
  • Drapes & Rods
  • Blinds
  • Sliding Windows
  • Entrance Foyer
  • Formal Dining Room
  • Marble Flooring

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Bathtub
  • Shower Only in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Seawall

Additional Features

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-242-0370

Community Details

Overview

  • Palau Sunset Harbour Condos
  • Island View Addn Subdivision
  • 5-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Elevator
  • Lobby
  • Secure Lobby
  • Bike Room

Recreation

  • Boat Dock

Pet Policy

  • Breed Restrictions

Security

  • Clear Impact Glass
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$57,484

Year Built

Built in 2016

Lot Details

0

HOA Fees

$3,993 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2016
  • Property Sub Type: Condominium
  • Architectural Style: Penthouse
  • Co List Office Mls Id: COMP03
  • Co List Office Phone: 305-851-2820
  • Entry Level: 5
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Community Boat Dock
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: ISLAND VIEW ADDN
  • Year Built Details: Condo-Conversion
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Attribution Contact: 305-804-9700
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Lobby, Built-in Features, Closet Cabinetry, Entrance Foyer, Other, Walk-In Closet(s), Utility Room/Laundry
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Marble
  • Furnished: Furnished
  • Living Area: 2031
  • Possible Use: Unknown/Withheld
  • Stories: 5
  • Window Features: Clear Impact Glass, Blinds, Drapes, Impact Glass, Sliding
  • Bedroom Features: Primary Bath Shower, Primary Bath Tub
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen, Formal Dining
  • Living Room Features: Other, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Bay, Canal, Skyline
  • Exterior Features: Exterior Cat Walk, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Front, Seawall
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Palau Sunset Harbour
  • 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: Smoke Detector, Doorman, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 3993
  • Amenities: Bike Storage, Elevator(s), Exercise Room, Other, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-34-242-0370

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 57484

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2025
Closed on
Jul 3, 2025
Sold by
Murphy Stephen
Bought by
Power Living Trust and Power
Seller's Agent
Liz Hogan
Compass Florida, LLC
Buyer's Agent
Liz Hogan
Compass Florida, LLC
List Price
$3,895,000
Sold Price
$3,500,000
Premium/Discount to List
-$395,000
-10.14%
Views
40

Purchase Details

Listed on
Nov 29, 2021
Closed on
Mar 15, 2022
Sold by
Smith Nicholas T
Bought by
Murphy Stephen and Safonov Anastasia
Seller's Agent
John Sandberg
Compass Florida, LLC
Buyer's Agent
Darin Tansey
Douglas Elliman
List Price
$3,690,000
Sold Price
$3,500,000
Premium/Discount to List
-$190,000
-5.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$1,960,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2019
Sold by
Shelter Llc
Bought by
Smith Nicholas T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,095,500
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $3,250,000 None Listed On Document
Warranty Deed $3,250,000 None Listed On Document
Warranty Deed $3,500,000 Kellermann Varela Pl
Quit Claim Deed $800,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,000,000 New Conventional
Previous Owner $1,960,000 New Conventional
Previous Owner $1,095,500 Adjustable Rate Mortgage/ARM
Previous Owner $200,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2025 07/03/25 Sold $3,500,000 -7.8% $1,723 / Sq Ft
05/14/2025 05/14/25 Pending -- -- --
04/08/2025 04/08/25 Price Changed $3,795,000 -2.6% $1,869 / Sq Ft
02/24/2025 02/24/25 For Sale $3,895,000 +11.3% $1,918 / Sq Ft
03/15/2022 03/15/22 Sold $3,500,000 -5.1% $1,934 / Sq Ft
11/29/2021 11/29/21 For Sale $3,690,000 -- $2,039 / 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 $57,484 $3,059,066 -- --
2024 $60,849 $3,059,066 -- --
2023 $60,849 $3,220,070 $0 $0
2022 $42,013 $1,994,410 $0 $0
2021 $35,008 $1,813,100 $0 $0
2020 $35,101 $1,813,100 $0 $0
2019 $31,942 $1,648,300 $0 $0
2018 $29,519 $1,569,800 $0 $0
2017 $29,894 $1,569,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Liz Hogan

    Seller's Agent in 2025

    Liz Hogan

    Compass Florida, LLC

    (305) 804-9700

    1 in this area

    258 Total Sales

    Liz Hogan
    Section Image

  • K

    Seller Co-Listing Agent in 2025

    Kaitlyn Neumann

    Compass Florida, LLC

    (305) 330-5481

    1 in this area

    2 Total Sales

    Kaitlyn Neumann
    Section Image
  • John Sandberg

    Seller's Agent in 2022

    John Sandberg

    Compass Florida, LLC

    (786) 497-3866

    11 in this area

    59 Total Sales

    John Sandberg
    Section Image
  • Darin Tansey

    Buyer's Agent in 2022

    Darin Tansey

    Douglas Elliman

    (305) 987-1530

    3 in this area

    69 Total Sales

    Darin Tansey
    Section Image
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About Palau At Sunset Harbour

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11748694

MIAMI REALTORS® MLS

APN: 02-3234-242-0370

Florida Miami/Dade County Miami Beach 33139 Bayshore

1201 20th St Unit PH02, Miami Beach, FL

This home is located at 1201 20th St Unit PH02, Miami Beach, FL 33139 and is currently priced at $3,500,000, approximately $1,723 per square foot. This property was built in 2016. 1201 20th St Unit PH02 is a home located in Miami-Dade County with nearby schools including North Beach Elementary School, 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.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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