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Condominium
$780,000$665 / sqft
851 NE 1st AVE # 2106, Miami FL 33132
Listed
1
Bedrooms
2
Bathrooms
1,173 sqft
Interior
2019
Year built
$1,115 / mo
HOA
Condominium
Type
About this home
Welcome to this luxurious apartment in the heart of downtown Miami at Paramount Miami Residences, the flagship building for Miami Worldcenter. As you step into your new home, you are greeted by a private foyer with a private elevator, providing you with the ultimate privacy and exclusivity. Additionally, this apartment includes a spacious den ideal for a home office or additional bedroom space. Residents of Paramount enjoy an array of exclusive amenities, including a state-of-the-art fitness center, resort-style pool, tennis court, and basketball court, among many more; often referred to as "the building with the most amenities in the world". With its prime location, you are just steps away from the best shopping, dining, and entertainment that Miami has to offer.
Features
- Built-in Features
- Cooking Island
- Walk-In Closet(s)
- Certified Watt-Wise
- Den/Library/Office
- Open Balcony
- Skyline
Leasing
- Minimum lease
- 30 days
- Leases permitted per year
- 12
- Ok To Lease
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.