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Active
Condominium
$1,349,000$865 / sqft

851 NE 1st Ave # 4203, Miami FL 33132

In Paramount Miami Worldcenter
2
Bedrooms
3
Bathrooms
1,560 sqft
Interior
2019
Year built
$2,750 / mo
HOA
Condominium
Type

About this home

This spectacular, 2 bedrooms + den 3 full baths unit in Paramount World Center features 10 ft ceilings, European kitchen, lots of natural light with breathtaking panoramic city, bay and intercostal views. This is one of the few units with the extended wraparound balcony. Paramount World Center offers exquisite amenities, including five pools, gym with boxing ring, game room, golf simulator, half basketball court, children’s play room, soccer field, tennis, spa, food, market, and so much more. This is a pet friendly building located in the heart of downtown Miami, steps away from the Brightline train station, Port of Miami, and minutes to the Miami airport, Wynwood, and Miami Beach.

Features

  • First Floor Entry
  • Built-in Features
  • Closet Cabinetry
  • Cooking Island
  • Entrance Foyer
  • Split Bedroom
  • Open Balcony
  • Other
  • Skyline
  • Water View

Location

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

Estimated loan & HOA

$9,571

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

Principal & interest
$6,821
HOA
$2,750 / 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
Keller Williams Elite Properties

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.