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Palau Sunset Harbour

1201 20 St, Miami Beach, FL, 33139
Market data compiled by Andres Jara, Licensed Real Estate Broker · Douglas Elliman · Data updated September 29, 2026
43
RESIDENCES
5
STORIES
2016
YEAR BUILT
$1.9M – $5.6M+
VALUE RANGE

Palau Sunset Harbour is a boutique waterfront condominium at 1201 20th Street in Miami Beach's Sunset Harbour neighborhood, completed in 2016 with 5 stories and 43 residences. The building was designed by Miami-based architect Kobi Karp for developer SMG Management, with landscaped gardens by acclaimed designer Raymond Jungles, including a signature "secret garden" courtyard. Residents have access to a rooftop heated pool and sundeck, a state-of-the-art fitness center, a library and media room, full-service concierge and valet parking, plus bicycle storage and direct bay frontage with boat docks along Biscayne Bay. Its intimate scale and glass-forward architecture reflect the waterfront setting, offering one-, two-, and three-bedroom residences with private terraces. The building sits in the heart of Sunset Harbour, a walkable enclave of Miami Beach known for its restaurants, cafes, and boutique shops, just blocks from Lincoln Road.

Available Residences at Palau Sunset Harbour

3 Bedroom Condos · 1 unit

UnitAsking PriceBed(s)/Bath(s)Living SizePrice/Sq.Ft.Days on Market
PH06$5,595,0003 / 32,734$2,04631
Listing courtesy of John Sandberg, Compass Florida, LLC, 305-851-2820.

2 Bedroom Condos · 3 units

UnitAsking PriceBed(s)/Bath(s)Living SizePrice/Sq.Ft.Days on Market
204$2,525,0002 / 3 / 11,440$1,753101
Listing courtesy of Lisa Van Wagenen, Brown Harris Stevens, 305-666-1800.
314$2,090,0002 / 3 / 11,334$1,5670
Listing courtesy of Carlo Dipasquale, Compass Florida, LLC, 305-851-2820.
414$1,900,0002 / 3 / 11,334$1,4241
Listing courtesy of Jill Meyerson-Barzilay, One Sotheby's International Realty, 305-935-0300.
Neighborhood
South Beach

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ANALYTICS

All analytics are based on closed sales from the last 36 months.

CURRENT INVENTORY

3
Active Listings
▲ 33% vs last month
Avg List Price
$3.2M
Avg Days on Market
16

INVENTORY BY BEDROOM

  • 2 Bed (2) 67%
  • 3 Bed (1) 33%
Building vs. Market
44% premium to Miami Beach
Commands a 44% premium to the Miami Beach average ($1,284 vs $890/sqft) — a sign of stronger relative demand.

INVENTORY TREND (ALL UNITS)

530Oct '25Feb '26Jun '26
3
New Listings
last 3 months
$1,284
Avg Sale $/SqFt
last 36 months
12
Months of Supply
3
Sold
last 12 months

Market & Community Report

As of September 29, 2026, Palau Sunset Harbour carries 3 active listings at an average asking price of $3.2M, with an average time on market of 16 days. Closed sales over the preceding 36 months averaged $1,284 per sq ft, and 3 transactions closed in the past 12 months — implying 12 months of supply against the current pace of absorption.

Zip code 33139 (Miami Beach) is home to 34,406 residents with a median age of 42.1. Per-capita income stands at $88,782; 55.4% hold a bachelor's degree or higher. 33.9% of units are owner-occupied; 26.7% of residents work from home.

Data current as of September 29, 2026. Market metrics derived from MLS closed sales; community data from U.S. Census ACS.

Frequently Asked Questions — Palau Sunset Harbour

How many condos are for sale at Palau Sunset Harbour?

As of September 29, 2026, 3 residences are actively listed for sale at Palau Sunset Harbour. Current asking prices range from $1.9M to $5.6M. Inventory updates daily from the MLS.

How much do condos at Palau Sunset Harbour cost?

Condos at Palau Sunset Harbour are currently asking from $1.9M to $5.6M. Over the past 36 months, closed sales have averaged $1,284 per square foot. Final pricing varies by floor, line, square footage, finishes, and view.

What is the average price per square foot at Palau Sunset Harbour?

Based on MLS closed sales over the preceding 36 months, the average sale price at Palau Sunset Harbour is $1,284 per square foot. Use this as a benchmark when comparing active listings in the building.

Where is Palau Sunset Harbour located?

Palau Sunset Harbour is located at 1201 20 St, Miami Beach, FL, 33139, in the South Beach area.

What neighborhood is Palau Sunset Harbour in?

Palau Sunset Harbour is in South Beach, Miami Beach. You can compare every condo building, home inventory, and price trend across South Beach on its neighborhood guide.

How many units are in Palau Sunset Harbour?

Palau Sunset Harbour has 43 residences across 5 stories.

What year was Palau Sunset Harbour built?

Palau Sunset Harbour was completed in 2016.

What floor plans are available at Palau Sunset Harbour?

Palau Sunset Harbour has 60 published floor plans. See the Floor Plans tab above for unit lines, dimensions, and layouts.

What amenities does Palau Sunset Harbour offer?

Palau Sunset Harbour amenities include Rooftop heated pool and sundeck, State-of-the-art fitness center, Library and media room, Full-service concierge, Valet parking, Boat docks / bay frontage on Biscayne Bay, Raymond Jungles-designed secret garden courtyard, Bicycle storage.

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