Active · Condominium
$4,700,000
851 NE 1st Ave 4811, Miami, FL 33132
- Beds
- 5
- Baths
- 6
- Living area
- 3,852 sq ft
- $ / sq ft
- $1,220/sq ft
- Year built
- 2019
- Lot size
- —
- HOA fee
- $6,797 Monthly
- Annual tax
- $61,594
About this property
-CABANA FOR SALE FOR- $250,000 (Only for owners). Luxurious and highly desirable 5 Bed + 4.5 bath residential Condo with a very large terrace at the Paramount Miami WorldCenter, the private foyer opens to a split bedroom floorplan featuring: a kitchen with Quartz waterfall edge island, Bosch & Subzero appliances, & Italian cabinetry a master suite with a spa-like bathroom with a walk-in shower & large soaking tub. Basketball Half-Court, Racquetball Court, Relaxation Areas: Conservatory, Relaxation Lounge, Spa/Salon, Indoor Sports Center(State-of-the-art Fitness Center, Boxing Studio, and Aerobics Area), Entertainment Center. It is conveniently located next to I-95 and I-395.
Interior & exterior features
Appliances
- Dryer
- Dishwasher
- Disposal
- Microwave
- Refrigerator
Cooling
- Wall Window Units
Heating
- Electric
Views
- Intercoastal
- Ocean
- Pool
Parking
- Assigned
- Attached
- Electric Vehicle Charging Stations
- Garage
- Two Or More Spaces
Interior features
- Bedroom On Main Level
- Bathtub
- Closet Cabinetry
- Entrance Foyer
- First Floor Entry
Exterior features
- Balcony
- Security High Impact Doors
- Shutters Electric
Pool
- Association
Flooring
- Other
construction
- Block
security
- Door Man
- Elevator Secured
- Key Card Entry
- Lobby Secured
association_amenities
- Billiard Room
- Clubhouse
- Fitness Center
- Playground
- Pool
- Sauna
- Spa Hot Tub
association_fee_includes
- Association Management
- Amenities
- Common Areas
- Cable Tv
- Hot Water
- Maintenance Grounds
- Parking
- Pest Control
- Security
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
-$19,079
- Cap rate
- 0.8%
- Net yield
- 0.8%
- Cash-on-cash return
- -17.4%
- Gross yield
- 5.1%
- Mortgage payment
- $22,280/mo
- Down payment
- $1,175,000
- Loan amount
- $3,525,000
- Annual NOI
- $38,419
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.