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.

Property location

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851 NE 1st Ave 811, Miami, FL 33132

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Facts & features

Interior

Bedrooms
3
Bathrooms
4
Living area
2,202 sq ft
Flooring
Ceramic Tile
Appliances
Dryer, Dishwasher, Electric Water Heater, Microwave, Refrigerator
Cooling
Electric
Heating
Electric
Interior features
Entrance Foyer

Exterior & Structure

Property type
Condominium
Year built
2019
Stories
55
Architectural style
Cluster Home
Construction
Block
Exterior features
Security High Impact Doors
Pool
Association
View
Other

Parking

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

HOA, Community & Financials

Association fee
$3,855 Monthly
Fee inclusions
Amenities
Amenities
Clubhouse, Pool
Security
Elevator Secured, Key Card Entry, Security Guard
Pets allowed
Conditional, Yes
Annual tax
$29,055
Subdivision
PARAMOUNT MIAMI WORLDCENT
County
Miami-Dade
Days on market
240
MLS listing ID
A11977178
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

-$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.