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Active
Condominium
$935,000$752 / sqft

851 NE 1st Ave # 1205, Miami FL 33132

In Paramount Miami Worldcenter
1
Bedrooms
2
Bathrooms
1,244 sqft
Interior
2019
Year built
$1,810 / mo
HOA
Condominium
Type

About this home

Experience the pinnacle of urban luxury in Unit 1205 at the world-renowned Paramount Miami Worldcenter. This sophisticated 1BR+Den/2BA residence features a private elevator foyer and 10ft ceilings. The versatile den, adjacent to a full bathroom, functions perfectly as a 2nd bedroom or home office. Designer finishes include a European kitchen with Sub-Zero/Wolf appliances and floor-to-ceiling glass leading to a spacious balcony. Paramount offers the "most amenitized building in the world" with a 6-acre deck: 5 pools, soccer field, tennis, boxing, state-of-the-art fitness, and a 55th-floor Skydeck with panoramic views. Perfectly positioned in the heart of Downtown, steps from the Brightline, Kaseya Center, and world-class dining. Live in the center of it all.

Features

  • Other
  • Den/Library/Office
  • Bay
  • Pool Area View
  • Skyline

Location

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

Estimated loan & HOA

$6,538

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

Principal & interest
$4,728
HOA
$1,810 / 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
Pinpoint Real Estate Solutions, Inc.

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.