Active · Condominium
$1,425,000
851 NE 1st Ave 1901, Miami, FL 33132
- Beds
- 3
- Baths
- 4
- Living area
- 2,204 sq ft
- $ / sq ft
- $647/sq ft
- Year built
- 2019
- Lot size
- —
- HOA fee
- $3,888 Monthly
- Annual tax
- $26,357
About this property
Bathed in natural light, this northeast-facing modern residence at Paramount Miami Worldcenter offers sweeping city and bay views. Private elevator access and a foyer with a custom wood entry door welcome you into a spacious 3-bedroom plus media room, 3.5-bath layout. The open kitchen includes Bosch and Sub-Zero appliances, a large wine fridge, and an island. The primary suite includes a spacious walk-in closet and a bathroom with a bathtub, shower, and illuminated mirrors. The large terrace extends the living area outdoors. Additional features include custom built-ins, electric shades, a laundry room with storage and a washer and dryer, and two parking spaces. Residents of Paramount Miami Worldcenter enjoy an expansive six-acre pool deck and a rooftop pool, along with a fitness center, spa with infrared saunas, game room, basketball court, racquetball and tennis courts, business center, and more. Set in the heart of Downtown Miami, the building is steps from Bayfront Park, Miami Worldcenter, Kaseya Center, Bayside Marketplace, museums, restaurants, nightlife, and the Brightline station, with the Miami International Airport only a 15-minute drive away.
Interior & exterior features
Appliances
- Dryer
- Dishwasher
- Electric Range
- Electric Water Heater
- Microwave
- Refrigerator
- Self Cleaning Oven
- Wine Cooler
- Washer
Cooling
- Central Air
- Electric
Heating
- Central
- Electric
Views
- Bay
- Other
Parking
- Assigned
- Two Or More Spaces
Interior features
- Breakfast Bar
- Built In Features
- Bedroom On Main Level
- Breakfast Area
- Bathtub
- Dual Sinks
- Entrance Foyer
- Elevator
- First Floor Entry
- Kitchen Island
- Living Dining Room
- Split Bedrooms
- Separate Shower
- Walk In Closets
Exterior features
- Balcony
Pool
- Association
Flooring
- Porcelain Tile
- Tile
construction
- CBSConcrete Block Structure
- Block
security
- Closed Circuit Cameras
- Door Man
- Elevator Secured
- Lobby Secured
- Security Guard
- Fire Sprinkler System
association_amenities
- Basketball Court
- Billiard Room
- Business Center
- Cabana
- Clubhouse
- Fitness Center
- Hobby Room
- Playground
- Pool
- Sauna
- Spa Hot Tub
- Tennis Courts
- Elevators
association_fee_includes
- Association Management
- Amenities
- Common Areas
- Cable Tv
- Insurance
- Internet
- Maintenance Grounds
- Maintenance Structure
- Parking
- Pest Control
- Pools
- Recreation Facilities
- Sewer
- Security
- Trash
- Water
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
-$6,573
- Cap rate
- 0.2%
- Net yield
- 0.2%
- Cash-on-cash return
- -19.8%
- Gross yield
- 6.6%
- Mortgage payment
- $6,755/mo
- Down payment
- $356,250
- Loan amount
- $1,068,750
- Annual NOI
- $2,181
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.