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Active
Condominium
$795,000$574 / sqft

851 NE 1st Ave # 1705, Miami FL 33132

In Paramount Miami Worldcenter
1
Bedrooms
2
Bathrooms
1,386 sqft
Interior
2019
Year built
$2,213 / mo
HOA
Condominium
Type

About this home

1,386 SF INTERIOR - 1 BED + DEN (DEN WITH CUSTOM ELECTRIC MURPHY BED) AND 2 FULL BATHS. This unit offers 10-ft ceilings, white glass flooring, floor-to-ceiling impact windows w/remote shades, custom lighting, custom closets, eat-in kitchen with Sub-Zero/Bosch appliances, master bath with dual-sink vanity, soaking tub & glass-enclosed shower, laundry room & spacious terrace with bay views. Paramount Miami World center offers the most amenities of any condo building in Miami - indoor/outdoor spa, gym, yoga, boxing ring, basketball, racquetball, soccer field, 7thfloor pool deck with 3 pools & cabanas, golf simulator, game room, theater, jam room, 3-story rooftop deck with 2 pools, observatory & lounge.

Features

  • Built-in Features
  • Closet Cabinetry
  • Cooking Island
  • Roman Tub
  • Walk-In Closet(s)
  • Den/Library/Office
  • Separate Guest/In-Law Quarters
  • Open Balcony
  • Pool Area View
  • Water View

Location

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

Estimated loan & HOA

$6,233

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

Principal & interest
$4,020
HOA
$2,213 / 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
Douglas Elliman

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.