851 NE 1st Ave 2212, Miami, FL 33132 — MLS photo

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851 NE 1st Ave 2212, Miami, FL 33132

Active · Condominium

$1,495,000

851 NE 1st Ave 2212, Miami, FL 33132

Beds
3
Baths
4
Living area
2,165 sq ft
$ / sq ft
$691/sq ft
Year built
2019
Lot size
—
HOA fee
$3,800 Quarterly
Annual tax
$23,356

About this property

3/4 + fully enclosed den residence in PARAMOUNT MIAMI WORLDCENTER. Enjoy sunrise views from one side and sunset views from the other. Private elevator access opens directly into the unit. Layout includes an in-law suite with a wet bar and the option for a separate entrance. The home features new luxury vinyl flooring and high-end finishes, including Bosch and Sub-Zero appliances and Italkraft custom closets and fixtures. The unit has 3 terraces totaling approx. 400 sq ft, including additional private terrace off one bedroom. The den has been converted into a fourth bedroom, complete with a custom built-in desk and wine bar. Building has resort-style amenities, including multiple pools, spa, fitness center, squash, golf simulator, movie theater, tennis courts, valet, and guest areas.

Property location

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851 NE 1st Ave 2212, Miami, FL 33132

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Facts & features

Interior

Bedrooms
3
Bathrooms
4
Living area
2,165 sq ft
Flooring
Vinyl
Appliances
Dryer, Dishwasher, Microwave, Refrigerator
Cooling
Central Air
Heating
Central
Interior features
Built In Features, Closet Cabinetry, Entrance Foyer, Kitchen Island, Custom Mirrors, Main Level Primary, Elevator

Exterior & Structure

Property type
Condominium
Year built
2019
Stories
58
Architectural style
High Rise
Construction
Other
Exterior features
Balcony, Security High Impact Doors, Tennis Courts
Pool
Heated
View
Bay, Ocean

Parking

Garage spaces
0
Covered spaces
0
Parking features
Covered, Two Or More Spaces, Valet

HOA, Community & Financials

Association fee
$3,800 Quarterly
Fee inclusions
Amenities
Amenities
Basketball Court, Business Center, Clubhouse, Elevators, Fitness Center, Barbecue, Picnic Area, Playground, Pool
Security
Door Man
Pets allowed
Dogs Ok, Yes
Annual tax
$23,356
Subdivision
PARAMOUNT MIAMI WORLDCENT
County
Miami-Dade
Days on market
309
MLS listing ID
A11931322
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

-$3,965

Cap rate
2.5%
Net yield
2.5%
Cash-on-cash return
-11.4%
Gross yield
6.4%
Mortgage payment
$7,087/mo
Down payment
$373,750
Loan amount
$1,121,250
Annual NOI
$37,461

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