Cays Realty
851 NE 1st Ave 1202, Miami, FL 33132 — MLS photo

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851 NE 1st Ave 1202, Miami, FL 33132

Active · Condominium

$529,000

851 NE 1st Ave 1202, Miami, FL 33132

Beds
1
Baths
2
Living area
929 sq ft
$ / sq ft
$569/sq ft
Year built
2019
Lot size
—
HOA fee
$1,639 Monthly
Annual tax
$12,736

About this property

Perfect location in the Hard Downtown Miami World Center. HIGH CEILINGS 10' WITH FLOOR-TO-CEILING WINDOWS, ITALIAN KITCHEN AND TOP OF THE LINE APPLIANCES BOSH MARBLE FLOOR. Most Amenities in the World, including a basketball court, 5 pools, Spa, Gym with boxing area, BBQ kitchen, virtual golf, recording studio, Racquetball, Yoga, Sunrise pool, & kids' play area. Skydeck, Observatory to view stars with telescopes, Tennis courts, and a Jacuzzi. Tenant-occupied lease ends March 2027. Read broker remarks.

Property location

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851 NE 1st Ave 1202, Miami, FL 33132

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
929 sq ft
Flooring
Marble
Appliances
Dryer, Dishwasher, Electric Range, Freezer, Disposal, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Washer
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Breakfast Area, Bathtub, Closet Cabinetry, Eat In Kitchen, Elevator, Garden Tub Roman Tub, Kitchen Island, Living Dining Room, Tub Shower, Bar, Walk In Closets

Exterior & Structure

Property type
Condominium
Year built
2019
Stories
58
Architectural style
High Rise
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony, Barbecue, Security High Impact Doors, Tennis Courts
Pool
Association, Heated
View
Skyline

Parking

Garage spaces
2
Covered spaces
2
Parking features
Assigned, Covered, Two Or More Spaces, Garage Door Opener

HOA, Community & Financials

Association fee
$1,639 Monthly
Fee inclusions
Association Management, Amenities, Common Areas, Cable Tv, Insurance, Internet, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Pools, Reserve Fund, Sewer, Security, Trash, Water
Amenities
Basketball Court, Billiard Room, Cabana, Clubhouse, Fitness Center, Hobby Room, Barbecue, Picnic Area, Playground, Pool, Sauna, Spa Hot Tub, Tennis Courts, Elevators
Security
Closed Circuit Cameras, Elevator Secured, Secured Garage Parking, Fire Sprinkler System, Smoke Detectors
Pets allowed
Dogs Ok, Yes
Annual tax
$12,736
Subdivision
PARAMOUNT MIAMI WORLDCENT
County
Miami-Dade
Days on market
349
MLS listing ID
A11910190
Listing status
Active

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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

-$2,702

Cap rate
-0.4%
Net yield
-0.4%
Cash-on-cash return
-21.9%
Gross yield
7.1%
Mortgage payment
$2,508/mo
Down payment
$132,250
Loan amount
$396,750
Annual NOI
-$2,335

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