Setai Condos For Sale & Rent

The Setai Condo Overview

The Setai is a luxury condo building at 101 20th St in South Beach, Miami Beach. Built in 2004, the 40-story tower has 163 residences and is known for its Collins Avenue beachfront position, resort atmosphere, and walkable access to dining, nightlife, and the oceanfront.

The Setai Condos for Sale

The Setai condos for sale should be compared by ocean exposure, floor height, interior finish, service level, rental flexibility, furniture package, parking, and recent sales. Buyers should separate the value of the building's resort setting from the specific condition and view of the individual unit.

The Setai Rentals and Rental Policy

Rental policy currently shows a short-term rental setup, a 1-day minimum rental term, and no listed rental frequency restriction. Buyers should verify current hotel or association rental rules, approval timing, fees, taxes, and city requirements before using rental income in their analysis.

Amenities and Building Details

Architectural and ownership notes point to Alayo & Denniston International, Setai Group, and LLC. Pets are allowed with restrictions. Buyers should review the resort pools, private beach service, spa, fitness center, yoga or wellness programming, restaurants, in-room dining, concierge, hotel services, parking, security, reserves, insurance considerations, and monthly fees together. Fitness enthusiasts appreciate the state-of-the-art fitness center, complete with personal trainers for yoga and tai chi. Additional luxuries include private ground transportation services, lush gardens, private cabanas, and efficient high-speed elevators. Ensuring a comfortable and secure lifestyle, Setai provides full-service concierge, security, and valet parking services, along with high-speed internet access. The interiors boast 9-foot ceilings, custom teak cabinetry, and whirlpool tubs, encapsulating elegance and sophistication.

What to Compare Before Buying at The Setai

Compare active condos for sale, active rentals, recent sales, view quality, unit condition, monthly fees, parking, rental rules, pet policy, beach access, and balcony exposure. It is also useful to compare Setai South Beach with nearby buildings and area pages such as Miami Beach, South Beach, and The W South Beach.

Market Context

Setai South Beach has completed-year closed-sale history from 2017 through 2025 in the market statistics, with 65 recorded condo sales, or about 7 sales per year. That is a thinner resale sample, so each closed sale should be reviewed closely for condition, view, size, and unusual terms before using it as a benchmark. The busiest year in the series was 2025 with 13 sales, while the quietest was 2019 with 1. Recent completed-year sales volume is above the long-term average. The gap between the busiest and quietest years also shows why buyers should separate building demand from broader market-cycle timing.

The completed-year price-per-square-foot history for Setai South Beach ranges from about $1,669/sqft to $3,083/sqft, with an average near $2,443/sqft across the years shown. That range gives buyers room to separate stronger lines and renovated units from more ordinary comparisons. The first and last completed years in the series are relatively close, moving from $2,475/sqft in 2017 to $2,620/sqft in 2025. The recent completed-year price-per-square-foot average is close to the long-term average. Average closed price over the same completed-year period was about $3,290,925, but that number should be read by bedroom count, size, view, and renovation level.

Bedroom-level statistics also help explain value at Setai South Beach: 2 Beds and 1 Bed units have the broadest historical comparison set, while 4 Beds+ around $10,900,000 and 3 Beds around $5,555,167 represent the higher average closed-price tiers in the chart data. Because the higher-tier segment has limited observations, it should be treated as directional rather than a standalone pricing rule. Buyers should compare units within the same bedroom count before deciding whether a listing is expensive or well positioned. Setai South Beach also has short-term rental flexibility with a 1-day minimum lease and no rental frequency restriction shown, which should be read together with the long-term sales data. That flexibility can broaden buyer demand, but only when approval timing, seasonality, furnishings, taxes, fees, and local rules support the intended use.