851 NE 1st Ave 3909, Miami, FL 33132 — MLS photo

Get More Info About This Property

851 NE 1st Ave 3909, Miami, FL 33132

Active · Condominium

$1,300,000

851 NE 1st Ave 3909, Miami, FL 33132

Beds
2
Baths
3
Living area
1,559 sq ft
$ / sq ft
$834/sq ft
Year built
2019
Lot size
—
HOA fee
$2,750
Annual tax
—

About this property

Welcome to Paramount Miami Worldcenter—home to the most amenities in the world. This coveted 09 line, 2-bed, 3-bath plus den residence on the 39th floor features 10 ft. floor-to-ceiling windows showcasing stunning Bay, Intracoastal, and Miami skyline views. Private elevator access opens to a foyer leading to a large open living room, split-bedroom layout and flexible den. The European-style kitchen offers custom cabinetry, a waterfall island, and Sub-Zero/Bosch appliances. Upgrades include automatic blinds throughout, custom built closets, and new lighting. Primary suite includes a spa-like bath with dual vanities, soaking tub, and glass shower. Enjoy unmatched amenities: five pools, spa, lounges, summer kitchen, fitness center, boxing and yoga studios, racquetball, basketball, observatory, jam/recording studios, kids’ room, virtual golf, soccer field, sky deck, rooftop pool, plus 24/7 front desk and valet. Located in Miami Worldcenter, the country’s second-largest master-planned community with dining, shopping, and entertainment. Flexible living can be rented up to four times per year—ideal for both end-users and investors.

Property location

Get Directions

851 NE 1st Ave 3909, Miami, FL 33132

Loading property location…

Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
1,559 sq ft

Exterior & Structure

Property type
Condominium
Year built
2019

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$2,750
County
Miami-Dade
MLS listing ID
A12025372
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

-$5,986

Cap rate
0.2%
Net yield
0.2%
Cash-on-cash return
-19.7%
Gross yield
5.9%
Mortgage payment
$6,163/mo
Down payment
$325,000
Loan amount
$975,000
Annual NOI
$2,115

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