851 NE 1st AVE 2106, Miami, FL 33132 — MLS photo

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851 NE 1st AVE 2106, Miami, FL 33132

Active · Condominium

$770,000

851 NE 1st AVE 2106, Miami, FL 33132

Beds
1
Baths
2
Living area
1,173 sq ft
$ / sq ft
$656/sq ft
Year built
2019
Lot size
—
HOA fee
$1,115
Annual tax
—

About this property

Welcome to this luxurious apartment in the heart of downtown Miami at Paramount Miami Residences, the flagship building for Miami Worldcenter. As you step into your new home, you are greeted by a private foyer with a private elevator, providing you with the ultimate privacy and exclusivity. Additionally, this apartment includes a spacious den ideal for a home office or additional bedroom space. Residents of Paramount enjoy an array of exclusive amenities, including a state-of-the-art fitness center, resort-style pool, tennis court, and basketball court, among many more; often referred to as "the building with the most amenities in the world". With its prime location, you are just steps away from the best shopping, dining, and entertainment that Miami has to offer.

Property location

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851 NE 1st AVE 2106, Miami, FL 33132

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
1,173 sq ft

Exterior & Structure

Property type
Condominium
Year built
2019

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,115
County
Miami-Dade
MLS listing ID
A11901738
Listing status
Active

Investment intelligence

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

-$2,627

Cap rate
1.6%
Net yield
1.6%
Cash-on-cash return
-14.6%
Gross yield
6.6%
Mortgage payment
$3,650/mo
Down payment
$192,500
Loan amount
$577,500
Annual NOI
$12,273

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.