Interior
- Bedrooms
- 0
- Bathrooms
- 1
- Living area
- 702 sq ft
Active · Condominium
$409,000
851 NE 1st Ave 204, Miami, FL 33132
- Beds
- 0
- Baths
- 1
- Living area
- 702 sq ft
- $ / sq ft
- $583/sq ft
- Year built
- 2019
- Lot size
- —
- HOA fee
- $1,238
- Annual tax
- —
About this property
Live in a 5 Stars Building! More than 45 amenities. Beautiful and new studio with a separate space for the bedroom. Spacious bathroom with shower and tub. Modern big kitchen. Full washer/dryer. Excellent location! Paramount Miami World Center is an iconic luxury development located in the heart of downtown Miami, with the greatest amenities: 5 modern resort-style pools with 26 cabanas, a Spa, a Basketball court, a Gym, a Boxing area, a BBQ Kitchen, a Recording Studio, a Yoga room, a Sunrise pool, Soccer field, Sky deck, Tennis courts, jacuzzi, Virtual Golf, Racquetball, Rooftop observatory, Game room, Bar, Restaurants and more. Attention investors!! You can rent it 11 times a year, minimum 31 days. Downtown Miami is booming! A lifestyle and entertainment for daily enjoyment! Rented until October 2027. Price to sell!!!
Property location
Get Directions851 NE 1st Ave 204, Miami, FL 33132
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 2019
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $1,238
- County
- Miami-Dade
- MLS listing ID
- A11960879
- 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
-$1,914
- Cap rate
- 0.1%
- Net yield
- 0.1%
- Cash-on-cash return
- -20.1%
- Gross yield
- 7.0%
- Mortgage payment
- $1,939/mo
- Down payment
- $102,250
- Loan amount
- $306,750
- Annual NOI
- $300
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.