Interior
- Bedrooms
- 2
- Bathrooms
- 3
- Living area
- 1,552 sq ft
- Flooring
- Tile
- Appliances
- Dishwasher, Disposal, Microwave, Trash Compactor
- Cooling
- Central Air
- Heating
- Central
- Interior features
- Walk In Closets
Active · Condominium
$1,150,000
851 NE 1st Ave 1203, Miami, FL 33132
- Beds
- 2
- Baths
- 3
- Living area
- 1,552 sq ft
- $ / sq ft
- $741/sq ft
- Year built
- 2019
- Lot size
- —
- HOA fee
- —
- Annual tax
- $20,439
About this property
Spectacular Model unit from developer with luxury upgrades on closets and floors Unit has a tenant paying $8,500 monthly that wants to stay, or you can also buy it and use it. Building allows 3 rentals a year. Video of the umit available upon request Welcome to the luxurious PARAMOUNT Miami Worldcenter, the building with the most amenities in the world. This unit was designed by Artefacto and features a spacious floor plan with 10 ft ceilings, white porcelain tile, Bosch appliances, full washer/dryer, spacious bathroom with separate shower and tub and more. Have access to 46 different amenities such as 5 pools, spa, outdoor lounge, summer kitchen, game room, state of the art fitness center, boxing studio, basketball court, racquetball, yoga, observatory, jam room and recording studio and much more. Located within Miami Worldcenter, the second largest master planned community in the U.S. Just steps from the Metro Mover, Virgin Train Station, Port of Miami, AA Arena and minutes to MIA Airport, Brickell, Wynwood, Miami Beach.
Property location
Get Directions851 NE 1st Ave 1203, Miami, FL 33132
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 2019
- Stories
- 55
- Architectural style
- High Rise
- Construction
- Block
- Exterior features
- Balcony
- Pool
- Association
- Waterfront
- Canal Front
- View
- Bay
Parking
- Garage spaces
- 0
- Covered spaces
- 0
- Parking features
- Assigned, One Space
HOA, Community & Financials
- Association fee
- $0 Monthly
- Fee inclusions
- Amenities
- Amenities
- Bike Storage, Pool, Spa Hot Tub
- Security
- Lobby Secured, Other, Security Guard
- Pets allowed
- Conditional, Yes
- Annual tax
- $20,439
- Subdivision
- PARAMOUNT MIAMI WORLDCENT
- County
- Miami-Dade
- Days on market
- 50
- MLS listing ID
- A11875502
- Listing status
- Active
Virtual tour
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Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$2,465
- Cap rate
- 3.1%
- Net yield
- 3.1%
- Cash-on-cash return
- -9.2%
- Gross yield
- 6.2%
- Mortgage payment
- $5,452/mo
- Down payment
- $287,500
- Loan amount
- $862,500
- Annual NOI
- $35,836
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.