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Listed
Positioned on the 32nd floor of the iconic Setai Miami Beach, Residence 3208 offers an exceptional blend of sophisticated design, breathtaking views, and world-class five-star hospitality. This beautifully appointed 2-bedroom, 2-bath residence features floor-to-ceiling glass framing panoramic Atlantic Ocean, city skyline, and coastline vistas while filling the interiors with abundant natural light. Thoughtfully designed for both everyday living and effortless entertaining, the open-concept floor plan seamlessly connects the living, dining, and kitchen spaces, complemented by refined finishes, elegant stone surfaces, and a tranquil primary suite designed as a private retreat. Ownership at The Setai offers an unparalleled lifestyle with access to award-winning amenities including three temperature-controlled oceanfront pools, private beach service, concierge, valet, fitness center, spa, in-room dining, and the acclaimed Jaya restaurant. Experience the perfect balance of timeless elegance, resort-style living, and one of South Beach's most prestigious oceanfront lifestyles.
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 2-bed rentals in Miami Beach, from 200 active listings; the middle half ask $3,500–$10,000.That is what landlords ask, not what units let for — edit it if you know better.
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
Illustration only — not a loan offer, quote, or commitment. We are not a lender and neither offer nor arrange financing. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
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