851 NE 1st Ave 811, Miami, FL 33132 — MLS photo

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851 NE 1st Ave 811, Miami, FL 33132

Active · Condominium

$1,350,000

851 NE 1st Ave 811, Miami, FL 33132

Beds
3
Baths
4
Living area
2,202 sq ft
$ / sq ft
$613/sq ft
Year built
2019
Lot size
—
HOA fee
$3,855 Monthly
Annual tax
$29,055

About this property

This spacious and luxurious condo at Paramount Miami World Center has it all. The residence boasts porcelain flooring throughout, luxurious bathrooms with marble flooring, an Italian kitchen with Bosch appliances + Subzero fridge, built out closets and an expansive balcony. Paramount offers 46 different amenities such as 5 pools, spa, outdoor lounge, summer kitchen, game room, state of the art fitness center, boxing studio, basketball court, racquetball, yoga, observatory, jam room and recording studio + much more! Located within the Miami World Center, the second largest master planned community in the U.S., Paramount is only 10 minutes to Brickell City Center, 5 minutes to the Design District, 10 minutes to South Beach and walking distance to the Adrienne Arsht performing arts center.

Interior & exterior features

Appliances

  • Dryer
  • Dishwasher
  • Electric Water Heater
  • Microwave
  • Refrigerator

Cooling

  • Electric

Heating

  • Electric

Views

  • Other

Parking

  • One Space
  • Valet

Interior features

  • Entrance Foyer

Exterior features

  • Security High Impact Doors

Pool

  • Association

Flooring

  • Ceramic Tile

construction

  • Block

security

  • Elevator Secured
  • Key Card Entry
  • Security Guard

association_amenities

  • Clubhouse
  • Pool

association_fee_includes

  • Amenities

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

-$6,555

Cap rate
-0.1%
Net yield
-0.1%
Cash-on-cash return
-20.8%
Gross yield
6.8%
Mortgage payment
$6,400/mo
Down payment
$337,500
Loan amount
$1,012,500
Annual NOI
-$1,864

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