851 NE 1st Ave 4204, Miami, FL 33132 — MLS photo

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851 NE 1st Ave 4204, Miami, FL 33132

Active · Condominium

$770,000

851 NE 1st Ave 4204, Miami, FL 33132

Beds
1
Baths
2
Living area
1,185 sq ft
$ / sq ft
$650/sq ft
Year built
2019
Lot size
—
HOA fee
$800
Annual tax
—

About this property

Experience elevated living at Paramount Miami Worldcenter, the tower celebrated as ‘the building with the most amenities in the world.’ This never-lived-in residence features a spacious 1-bedroom plus DEN with 2 full bathrooms, with the DEN easily adaptable as a second bedroom. Step off your private elevator into a grand foyer that opens to a bright, open-concept living space and a large dine-in terrace showcasing spectacular city and sunset views. The Snaidero Italian kitchen is outfitted with top-of-the-line Bosch appliances and quartz countertops, while 10-foot ceilings, floor-to-ceiling impact glass, and porcelain flooring throughout create a sense of modern elegance. The primary suite offers a spa-inspired marble bathroom, and the home includes a full-size washer and dryer for convenience.

Property location

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851 NE 1st Ave 4204, Miami, FL 33132

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
1,185 sq ft

Exterior & Structure

Property type
Condominium
Year built
2019

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$800
County
Miami-Dade
MLS listing ID
A11910232
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

-$2,293

Cap rate
2.1%
Net yield
2.1%
Cash-on-cash return
-12.8%
Gross yield
6.6%
Mortgage payment
$3,650/mo
Down payment
$192,500
Loan amount
$577,500
Annual NOI
$16,291

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