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Condominium
$435,000$618 / sqft
851 NE 1st Ave # 503, Miami FL 33132
Listed
0
Bedrooms
704 sqft
Interior
2019
Year built
$1,241 / mo
HOA
Condominium
Type
About this home
Experience resort style living in one of Miami's most amenity-rich buildings so complete, you'll rarely need to leave. Enjoy five resort-style pools, a state of the art fitness center, yoga studio, spa, jacuzzis, tennis and basketball courts, entertainment lounges, a recording studio, relaxation areas, BBQ Area, and breathtaking views from every angle. Located in the heart of the rapidly growing Miami Worldcenter, one of the city's most exciting new neighborhoods, you'll have world-class shopping directly downstairs and be just steps from restaurants, the Kaseya Center, museums, Bayside, and much more. Whether you're looking for a primary residence, an investment property, or the flexibility to enjoy both, this unit allows short-term rentals up to 12 times per year. Live in it full-time, rent it out, or enjoy it for part of the year while generating income the rest of the time. Offered fully furnished and move-in ready, this residence features numerous upgrades, including impressive 10-foot ceilings, electronic window shades, and elegant marble-finished bathrooms that add a sophisticated, luxury touch. A beautifully designed layout makes the home feel even more spacious, creating the perfect blend of comfort, style, and investment potential. Pre- Approved Lender Offers 3% down payment for Primary Residence and 10% for a Second Home
Features
- Lobby
- Elevator
- Walk-In Closet(s)
- Den/Library/Office
- Barbeque
- Tennis Court(s)
- Other View
Leasing
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 studio rentals across Miami-Dade, from 200 active listings; the middle half ask $2,000–$3,000.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.