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851 NE 1st Ave 4008, Miami, FL 33132 — MLS photo

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851 NE 1st Ave 4008, Miami, FL 33132

Active · Condominium

$1,023,000

851 NE 1st Ave 4008, Miami, FL 33132

Beds
2
Baths
3
Living area
1,498 sq ft
$ / sq ft
$683/sq ft
Year built
2019
Lot size
—
HOA fee
$2,750 Monthly
Annual tax
$16,900

About this property

Beautiful 2-bedroom, 3-bath residence at Paramount World Center, offering soaring 10-foot ceilings, a sleek European-style kitchen, and abundant natural light. Enjoy stunning panoramic views of the Miami skyline, Biscayne Bay, and Intracoastal from the open balcony. Residents enjoy an impressive collection of resort-style amenities, including five pools, fitness center with boxing ring, game room, golf simulator, half basketball court, children’s play area, soccer field, tennis courts, spa, on-site market and dining options. Pet-friendly community in the heart of Downtown Miami, conveniently located near Brightline, Port of Miami, Miami International Airport, Wynwood, and Miami Beach.

Property location

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851 NE 1st Ave 4008, Miami, FL 33132

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Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
1,498 sq ft
Flooring
Other
Appliances
Other
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Built In Features, Bedroom On Main Level, Closet Cabinetry, Entrance Foyer, First Floor Entry, Kitchen Island

Exterior & Structure

Property type
Condominium
Year built
2019
Stories
55
Architectural style
High Rise
Construction
Block
Exterior features
Balcony
Pool
Association
View
Skyline, Water

Parking

Garage spaces
1
Covered spaces
1
Parking features
Attached, Garage, One Space, Valet

HOA, Community & Financials

Association fee
$2,750 Monthly
Fee inclusions
Association Management, Amenities, Sewer, Security, Water
Amenities
Basketball Court, Business Center, Fitness Center, Pool, Sauna, Spa Hot Tub
Security
Elevator Secured, Lobby Secured, Security Guard
Pets allowed
Conditional, Cats Ok, Dogs Ok, Yes
Annual tax
$16,900
Subdivision
PARAMOUNT MIAMI WORLDCENT
County
Miami-Dade
Days on market
7
MLS listing ID
A12108176
Listing status
Active

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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

-$4,646

Cap rate
0.2%
Net yield
0.2%
Cash-on-cash return
-19.5%
Gross yield
6.5%
Mortgage payment
$4,850/mo
Down payment
$255,750
Loan amount
$767,250
Annual NOI
$2,447

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