2020 Lofts
2020 Prairie Avenue, Miami Beach, FL 33139
South Beach
Folio 0232342130001
- Year built
- 2008
- Residences
- 20
- Building area
- 19,548 sq ft
- Median residence
- 1,043 sq ft
- FEMA flood zone
- Zone AE · BFE 8 ft
- Latest arms-length sale
- $746,900 · Oct 2024
- Median sale (10 yr)
- $461,250
- Recorded transfers
- 43
2020 Lofts is a 20-residence boutique condominium building at 2020 Prairie Avenue, in South Beach. County records list 2008 as the year built. It has a median residence of 1,043 square feet.
The recorded market runs to 40 arms-length sales since 2008, an annual turnover rate of 5.5 percent of the building over the past decade, and a median of $419 per square foot. Across 20 same-unit resales, 75 percent sold above their prior recorded price, with a median gain of 11 percent over a median hold of 6.8 years.
Own a residence at 2020 Lofts? See what it would sell for.
Choose what fits: a property-specific pricing review informed by local transaction records and market research, a conversation about buying in this market, or help planning a move between markets. Local representation is coordinated where appropriate.
646.939.7375 · c.cohen@compass.com
At a glance
Common name: 2020 Lofts. The condominium is named 2020 Lofts Condominium.
Building type: Boutique condominium, five stories, elevator-served
Unit mix: One- and two-bedroom residences, with one to two baths. Sizes run from about 690 to 1,000 square feet. Confirm by floor plan.
Amenities: Pool, gated access, assigned and guest parking in a garage
Source: The Roebling Research Desk.
Why 2020 Lofts matters
It is a 20-residence condominium built in 2008. Each owner's share of the budget and of any assessment is larger than in a bigger building. Ask the association for the inspection schedule and the reserve study.
Miami Beach, near 20th Street
The building sits on Prairie Avenue near 20th Street, between Alton Road and Collins Avenue, in the 33139 area of South Beach. The Miami Beach Convention Center, the Botanical Garden and Lincoln Road are within walking distance, and the beach is a short walk east. The building is in South Beach, south of the Mid-Beach districts.
Architecture and unit composition
2020 Lofts is five stories with 20 residences, so an average of about four per floor.
Unit mix. One- and two-bedroom plans, one or two baths. The smaller plans are about 690 square feet, and the larger run to about 1,000. Confirm by floor plan.
Parking. A garage with assigned and guest spaces.
Building operations
The building has an elevator, a pool and gated access.
Ask for the current budget, financial statements and reserve funding. Florida's milestone inspection and structural integrity reserve study rules apply to condominium buildings of three or more stories; ask for the inspection report, the reserve study and any assessment history. Ask for the inspection schedule in writing. With 20 owners, ask about any pending assessments and the percentage of units owner-occupied versus rented.
Policy framework
Pet, rental and minimum-lease rules are set by the association; confirm at offer stage.
Sales context
One recorded sale, October 2024, at $746,900. It is one sale, not a building price. Compare by line and condition.
Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.
What to know if you're buying at 2020 Lofts
Ask about the owner mix. Ask for the share of investor-held units; lender approval and rental rules may depend on it.
Look at the reserves. A small building funds large repairs from few owners. Request the reserve study and reserve balance.
Confirm unit size. Floor plan square footage varies across the line list. Verify the exact size for the unit.
What to know if you're selling at 2020 Lofts
Price by line. With few comparables, the best support is a same-line sale. Have it ready.
Have the documents ready. Budget, financials, reserve study and rules shorten diligence.
Comparable buildings
- Palau Sunset Harbour — a five-story canal-front condominium of 43 residences in Sunset Harbour.
- Capri South Beach — a bayfront South Beach condominium of about 69 residences at 1445 16th Street.
The neighborhood
For the full neighborhood — its buildings and recorded pricing — read The Roebling Index guide to South Beach.
Run the numbers
- Miami buyer closing cost calculator — documentary stamps on the mortgage, intangible tax, title insurance and the condo estoppel.
- Miami seller closing cost calculator — the deed documentary stamp tax, title, closing and association transfer fees.
Related guides
- Post-Surfside Miami condo diligence — milestone inspections, structural integrity reserve studies and special assessments.
- Florida Save Our Homes, explained — the assessment cap, the homestead exemption and portability.
Recorded sales history
Recorded transfers for this building in Miami-Dade County public records, back to Aug 2008. Prices reflect the recorded consideration; transfers the Property Appraiser does not qualify as arms-length are shown unmarked. Nominal-consideration paper transfers (deeds into trusts and LLCs, estate and family transfers, corrective deeds) are part of the record but not sales, and are omitted from this table. Recording lags closing, so the newest sales can take several weeks to appear.
| Date | Residence | Size | Price | Arms-length |
|---|---|---|---|---|
| Oct 2024 | 401 | 1,055 sf | $746,900 | ✓ |
| Feb 2024 | 305 | 692 sf | $460,000 | ✓ |
| Apr 2022 | 204 | 1,056 sf | $680,000 | ✓ |
| May 2021 | 405 | 692 sf | $350,000 | ✓ |
| Apr 2021 | 303 | 1,041 sf | $462,500 | ✓ |
| Aug 2020 | 403 | 1,041 sf | $427,500 | ✓ |
| Oct 2019 | 302 | 1,043 sf | $405,000 | ✓ |
| Sep 2019 | 404 | 1,056 sf | $445,000 | ✓ |
| May 2019 | 205 | 692 sf | $320,000 | ✓ |
| Oct 2017 | 503 | 1,041 sf | $472,500 | ✓ |
| May 2017 | 304 | 1,056 sf | $490,000 | ✓ |
| Jan 2016 | 301 | 1,055 sf | $515,000 | ✓ |
| Sep 2015 | 204 | 1,056 sf | $485,000 | ✓ |
| Dec 2014 | 202 | 1,043 sf | $415,000 | ✓ |
| Mar 2014 | 401 | 1,055 sf | $477,500 | ✓ |
| Feb 2014 | 404 | 1,056 sf | $465,000 | ✓ |
| Aug 2013 | 203 | 1,041 sf | $365,000 | ✓ |
| Jul 2013 | 302 | 1,043 sf | $380,000 | ✓ |
| Jul 2013 | 505 | 692 sf | $290,000 | ✓ |
| May 2013 | 403 | 1,041 sf | $385,000 | ✓ |
| May 2013 | 303 | 1,041 sf | $365,000 | ✓ |
| Nov 2012 | 501 | 1,055 sf | $465,000 | ✓ |
| Oct 2012 | 201 | 1,055 sf | $383,000 | ✓ |
| Aug 2012 | 301 | 1,055 sf | $142,700 | |
| Jul 2012 | 402 | 1,043 sf | $340,000 | ✓ |
| May 2012 | 205 | 692 sf | $255,000 | ✓ |
| Jul 2009 | 504 | 1,056 sf | $420,000 | ✓ |
| Mar 2009 | 405 | 692 sf | $242,500 | ✓ |
| Oct 2008 | 401 | 1,055 sf | $410,850 | ✓ |
| Oct 2008 | 502 | 1,043 sf | $408,150 | ✓ |
| Oct 2008 | 501 | 1,055 sf | $421,650 | ✓ |
| Sep 2008 | 302 | 1,043 sf | $427,500 | ✓ |
| Sep 2008 | 304 | 1,056 sf | $429,000 | ✓ |
| Sep 2008 | 503 | 1,041 sf | $440,000 | ✓ |
| Sep 2008 | 402 | 1,043 sf | $437,500 | ✓ |
| Sep 2008 | 202 | 1,043 sf | $402,000 | ✓ |
| Aug 2008 | 204 | 1,056 sf | $442,200 | ✓ |
| Aug 2008 | 404 | 1,056 sf | $479,800 | ✓ |
| Aug 2008 | 505 | 692 sf | $295,000 | ✓ |
| Aug 2008 | 305 | 692 sf | $270,000 | ✓ |
| Aug 2008 | 301 | 1,055 sf | $455,000 | ✓ |
✓ = qualified arms-length per the Miami-Dade Property Appraiser. 2 nominal-consideration paper transfers omitted.
This page reflects publicly available information compiled by The Roebling Research Desk. Specific building details should be confirmed with the association during due diligence; the recorded Declaration of Condominium, the current building budget, the current tax bill, the structural integrity reserve study and milestone-inspection status should be reviewed for any specific transaction. © 2026 The Roebling Team at Compass.
Considering a move at 2020 Lofts?
Request a private building brief with the relevant recorded sales, current and off-market availability, and an apartment-specific view of value.
646.939.7375 · c.cohen@compass.com
Building facts and sales records are compiled from Miami-Dade County public records (Property Appraiser) and reviewed against recognized architectural references. Figures are reported as recorded and may be updated as the county updates its records. This page is informational and is not an offer or solicitation. Apartment estimates are automated, from public records, and are not appraisals.
The Roebling Team at Compass is led by Corey Cohen, a New York licensed associate real estate broker. For a purchase or sale in Miami, we introduce you to a licensed Compass agent there by referral and handle the New York side of your move ourselves. This page and its calculators are research, not an offer of representation.
To plan a move between Manhattan and Miami, schedule a consultation; where appropriate we’ll introduce you to a vetted Compass agent in the local market.