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Active
Condominium
$875,000$584 / sqft

851 NE 1st Ave # 1508, Miami FL 33132

In Paramount Miami Worldcenter
3
Bedrooms
3
Bathrooms
1,498 sqft
Interior
2019
Year built
$2,163 / mo
HOA
Condominium
Type

About this home

Experience luxury living at its finest in this "Jewel at Paramount." This stunning residence features en-suite privacy, floor-to-ceiling windows, and a spacious balcony with breathtaking city views. The gourmet kitchen is equipped with state-of-the-art appliances, quartz countertops, and custom cabinetry. Beyond the unit, residents enjoy the building's world-renowned amenities, which are unlike anything else in the city. The comprehensive package includes a rooftop pool and sundeck, a full-service spa, and a fitness center with yoga and boxing studios. Unique sporting facilities feature a soccer field, tennis and basketball courts, and a golf simulator. With a movie theater and 24/7 concierge/security, this is a truly world-class living experience.

Features

  • First Floor Entry
  • Elevator
  • Utility Room/Laundry
  • Open Balcony
  • Other View

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$6,587

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$4,424
HOA
$2,163 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
RE/MAX Advance Realty II

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

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 rent, 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. 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.