851 NE 1st Ave 412, Miami, FL 33132 — MLS photo

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851 NE 1st Ave 412, Miami, FL 33132

Active · Condominium

$620,000

851 NE 1st Ave 412, Miami, FL 33132

Beds
2
Baths
2
Living area
1,101 sq ft
$ / sq ft
$563/sq ft
Year built
2019
Lot size
—
HOA fee
$903 Monthly
Annual tax
$14,260

About this property

Come to live in Paramount Miami Worldcenter and enjoy the building with the best amenities in Miami. Split design layout, 2 master bedrooms, and 2 baths, 10ft ceilings, floor-to-ceiling windows, entrance views, a modern-minimalist open kitchen with top-of-the-line appliances, washer & dryer. Amenities include five resort-style climatized pools (2 rooftop pools), cinema/theater, recording studio, community room, skydeck, observatory w/telescopes, state-of-the-art fitness center, boxing studio, yoga studio, basketball half-court, soccer field, tennis courts, jogging path, Tai Chi deck, among others. Minutes away from the best dining, shopping & nightlife: Brickell, Wynwood, Miami Beach, FTX Arena, Museums & Adrienne Arts Center and Design District. It can be rented short-term for a minimum of 31 days, 11 times per year.

Property location

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851 NE 1st Ave 412, Miami, FL 33132

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,101 sq ft
Flooring
Other
Appliances
Dryer, Dishwasher, Microwave, Refrigerator, Washer
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Bedroom On Main Level, Living Dining Room
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
2019
Stories
30
Architectural style
Other
Construction
Block
Exterior features
Other
View
Other

Parking

Garage spaces
0
Covered spaces
0
Parking features
Assigned

HOA, Community & Financials

Association fee
$903 Monthly
Fee inclusions
Common Areas, Insurance, Maintenance Structure, Parking, Pools, Sewer, Security, Water
Amenities
Fitness Center, Elevators
Security
Elevator Secured, Secured Garage Parking, Lobby Secured, Other
Pets allowed
Size Limit, Yes
Annual tax
$14,260
Subdivision
PARAMOUNT MIAMI WORLDCENT
County
Miami-Dade
Days on market
307
MLS listing ID
A11932834
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

-$2,074

Cap rate
1.7%
Net yield
1.7%
Cash-on-cash return
-14.3%
Gross yield
7.1%
Mortgage payment
$2,939/mo
Down payment
$155,000
Loan amount
$465,000
Annual NOI
$10,384

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