851 NE 1st Ave 1901, Miami, FL 33132 — MLS photo

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851 NE 1st Ave 1901, Miami, FL 33132

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.