MIAMI PRIMECondos

The Setai Building Guide

101 20th St, Miami Beach, FL 33139 · Miami Beach

11 for sale21 for rent$2.4M – $16M$3,298 / sqft median

Inside The Setai

Calm is the currency at The Setai, where a 40-story residential tower stands behind the restored 1936 Dempsey-Vanderbilt on the Collins Avenue oceanfront in South Beach. The property's Asian-inflected service culture extends to owners — three oceanside pools kept at different temperatures, courtyard restaurants among the city's best, and staff trained to hotel standard around the clock. Tower residences offer straight-on ocean frontage and the option to generate income through the hotel's rental program. Second-home owners who prize discretion over scene have kept it a quiet favorite for two decades.

On 101 20th St in South Beach, The Setai is a residential condominium and dates to 2004. We follow this building unit by unit: each line, floor and exposure trades at its own level, so the listings below are sorted by status — available, under contract and recently closed — rather than blended into a single average.

The layouts seen in recent MLS activity run from 1-bedroom plans up to 4-bedroom residences. Shared facilities on record for the building include elevator secure, elevator(s), bar, doorman, exercise room and fire alarm — worth confirming with the association which are covered by the monthly dues and which carry their own fees. For closed prices, rents and time-to-sell by bedroom count, scroll to the twelve-month market report for The Setai further down.

Building Record

Address
101 20th St, Miami Beach, FL 33139
Year Built
2004
Median Price / SqFt
$3,298

Shared Amenities at The Setai

  • Elevator Secure
  • Elevator(s)
  • Bar
  • Doorman
  • Exercise Room
  • Fire Alarm
  • Sauna
  • Smoke Detector
  • TV Camera
  • Barbecue
  • Bike Storage
  • Billiard Room
  • Business Center
  • Card Entry
  • Clubhouse-Clubroom
  • Community Room
  • Fire Sprinklers
  • Heated Pool
  • Lobby Secured
  • Pool
  • Private Pool
  • Secured Garage/Parking
  • Spa/Hot Tub
  • Vehicle Wash Area

In-Unit Features at The Setai

  • Bay
  • Blinds
  • Dishwasher
  • Dryer
  • Refrigerator
  • Washer
  • Direct Ocean
  • Disposal
  • Electric Range
  • First Floor Entry
  • Ice Maker
  • Intracoastal View
  • Microwave
  • Ocean View
  • Open Balcony
  • Walk-In Closet(s)
  • Wood
  • Bar
  • Built-in Features
  • Closet Cabinetry
  • Fire Sprinklers
  • High Impact Windows
  • Marble
  • Pantry

Finishes differ from unit to unit; check any feature against the specific listing before relying on it.

Layouts & Floor Plans in The Setai

Unit layouts recorded in The Setai listings, active and recently closed:

ResidenceSize RangeFor SaleFor RentSale PricingAvg $/SqFt
1 Bed / 2 Bath767–821 sqft2—$2.4M – $2.5M$3,056
2 Bed / 2 Bath1,141–1,316 sqft415$3.3M – $4.4M$3,088
2 Bed / 3 Bath1,565–1,818 sqft—2——
3 Bed / 3 Bath1,588–2,521 sqft12$5.4M$3,401
4 Bed / 4 Bath2,411–3,837 sqft22$9.5M – $16M$4,017

Compiled from MLS records. Ask for the official plan of a particular line and we will send the developer drawing.

The Setai Listings

The Setai — Units for Sale

The Setai: Twelve-Month Condo Readout

A rolling year of recorded closings and signed leases for The Setai, recalculated as new MLS closings post. Switch the metric or bedroom count below to isolate the part of the building stock you are shopping.

Closed sales:
4
Median closed:
$4.3M
Per sqft:
$3,267
Median days to sell:
174
Year over year:
+38.7%
Leases signed:
4
Median rent:
$25,000/mo ($19.55/sqft)
0$5.0M$10MDecJanFebMarAprMayJunJulAugSepOctNovFeb: $5.5M (1 sales)May: $2.4M (1 sales)Aug: $4.3M (1 sales)Sep: $2.6M (1 sales)$5.5M$2.6M
$4.3M
Median (12 mo)
4
Sales (12 mo)
174 days
Median DOM

Last 12 Months by Bedroom Count

ResidenceSalesMedian SoldSold $/SqFtDOMLeasesMedian RentRent $/SqFt
1 Bed1$2.4M$2,89337———
2 Bed3$4.3M$3,2671744$25,000$19.55
Month-by-month table — All
MonthSalesMedian SoldSold $/SqFtDOMLeasesMedian RentRent $/SqFt
Dec 2025————2$28,333$21.53
Jan 2026———————
Feb 20261$5.5M$4,8201———
Mar 2026———————
Apr 2026———————
May 20261$2.4M$2,893371$10,000$7.60
Jun 2026————1$25,000$19.55
Jul 2026———————
Aug 20261$4.3M$3,267174———
Sep 20261$2.6M$2,279267———
Oct 2026———————
Nov 2026———————

Where The Setai Sits

Towers to Compare With The Setai

Comparable South Beach buildings whose current listings overlap the The Setai price band — worth touring side by side:

Questions Buyers Ask About The Setai

Which association documents should I review before buying at The Setai?

Request the current budget, the reserve study, at least a year of board minutes, the rules and regulations, and a written statement of any special assessment that is approved or under discussion. Florida's condo-safety laws now require milestone structural inspections and structural integrity reserve studies for buildings of three or more stories, so ask where The Setai stands on both.

Does The Setai allow pets?

Pet policy is set by the The Setai association and can limit the number, size or type of animals — and a board vote can change it. Get the current rule in writing before you make an offer; we request it as a standard step on every condo purchase we handle.

What leasing rules apply to owners at The Setai?

Minimum lease length, how many times a year a unit may be leased, tenant approval and any waiting period for new owners are association decisions. If you plan to rent the unit out, verify the current policy first; the rental and leased tabs on this page show the lease activity recorded here.

How do view lines and floor height affect value at The Setai?

Inside one tower, price follows the stack: exposure, view corridor, floor height and whether the line is a corner unit all matter. Compare closed prices by bedroom count in the market report, then ask us which lines in The Setai face which direction before you build a shortlist.

Does a unit at The Setai come with parking?

Parking arrangements differ by building and sometimes by unit — assigned spaces, valet, or spaces conveyed as limited common elements. Confirm how many spaces transfer with the specific residence and whether guest parking or storage costs extra.

How does Gromadzki Real Estate price a unit in The Setai?

Building first: closings in the same line and bedroom count, then nearby floors, then comparable towers in South Beach. The association's health — reserves, assessments and insurance — gets equal weight, because it shapes the monthly cost of ownership as much as the purchase price does.

How old is The Setai?

The Setai dates to 2004.

What is the street address of The Setai?

The building's address is 101 20th St, Miami Beach, FL 33139 — part of South Beach. The map lower on this page pins its exact location.

The Setai: Building Notes

Building file: The Setai, South Beach, Miami Beach, Florida 33139 (Miami-Dade County). Credits — delivered 2004. Before any offer here we pull the association's current budget, reserve funding, recent board minutes, any approved or proposed special assessment and the building's milestone-inspection status, then price the unit against closings in its own line before looking at neighboring towers. Buyers weighing The Setai usually tour Murano at Portofino, 1 Hotel & Homes and Portofino Tower as well. To see a specific unit or ask which lines face which direction, call Matthew Gromadzki at +1 786-370-8570.