Palau At Sunset Harbour 1201 20th St Unit PH02 Miami Beach, FL 33139
Bayshore Neighborhood
3
Beds
3.5
Baths
1,810
Sq Ft
$182/mo
HOA Fee
Highlights
- Valet Parking
- Marina
- Property Fronts a Bay or Harbor
- North Beach Elementary School Rated A-
- Boat Dock
- 1-minute walk to Probus Park
About This Home
As of July 20251 of only 4 treasured waterfront Penthouse at Palau. Enjoy scenic views from this 3bed/ 3.5 bath residence which is currently configured as a 2 bed/3.5 bath with an oversized great room, but easily converted back to a 3- bedroom floor plan. This award winning designer residence offers 10 ft ceilings, marble flooring, custom built-in wood work, stunning views of open bay and Sunset Islands. Interior Sq Footage of 1,810 sq feet plus 320 sf of balcony and a massive 1,920 sq feet of private Rooftop Terrace. Full Service building. 24 hour concierge, 24 hour Valet. Library, Gym and amazing rooftop pool. This is the best walking neighborhood in South Beach.
Last Agent to Sell the Property
Compass Florida, LLC License #3211334 Listed on: 11/29/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $35,008
Year Built
- Built in 2016 | Newly Remodeled
HOA Fees
- $182 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Secured Garage or Parking
Home Design
- Penthouse
- Concrete Block And Stucco Construction
Interior Spaces
- 1,810 Sq Ft Home
- Built-In Features
- Sliding Windows
- Marble Flooring
- Bay Views
- Video Cameras
Kitchen
- Built-In Self-Cleaning Oven
- Microwave
- Dishwasher
- Cooking Island
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
Laundry
- Dryer
- Washer
Outdoor Features
- Property is near a marina
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
- Sunset Harbor Subdivision
- 5-Story Property
Amenities
- Valet Parking
- Trash Chute
- Community Library
- Secure Lobby
- Bike Room
Recreation
- Boat Dock
- Marina
Pet Policy
- Breed Restrictions
Building Details
Security
- Card or Code Access
- High Impact Windows
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
Similar Homes in Miami Beach, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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
-
Kaitlyn Neumann
K
Seller Co-Listing Agent in 2025
Kaitlyn Neumann
Compass Florida, LLC
(305) 330-5481
1 in this area
2 Total Sales
-
John Sandberg
Seller's Agent in 2022
John Sandberg
Compass Florida, LLC
(786) 497-3866
11 in this area
59 Total Sales
-
Darin Tansey
Buyer's Agent in 2022
Darin Tansey
Douglas Elliman
(305) 987-1530
3 in this area
69 Total Sales
About Palau At Sunset Harbour
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11128520
APN: 02-3234-242-0370
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