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Condominium
$768,000$655 / sqft
851 NE 1st Avenue # 2606, Miami FL 33132
Listed
1
Bedrooms
2
Bathrooms
1,173 sqft
Interior
2019
Year built
None
HOA
Condominium
Type
About this home
PARAMOUNT Miami Worldcenter, the building with the most amenities in the world including 5 pools, state of the art fitness center, summer kitchen, game room, spa, outdoor lounge, boxing studio, basketball court, racquetball, yoga, observatory, jam room & recording studio & much more! This stunning apartment has 1 bedroom + den and 2 bathrooms. Unit has 1 free valet space for the registered resident. You will enjoy spending time on your balcony facing the sunset in Downtown Miami. New unit equipped with Bosch and Sub-zero appliances with a private elevator and foyer. Steps from Bayside, Metro Mover, Virgin Train Station and minutes to Brickell, Wynwood, South Beach & Miami Airport. The unit currently $4300 still Aug 30, 2025 SELLER MOTIVATED.
Features
- Interior Hall
- First Floor Entry
- Exterior Lights
- Other
- Other View
- Other Water View
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
$3,883
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 1-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,000–$3,750.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.