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Active
Condominium
$4,500,000$1,184 / sqft

851 NE 1st Avenue # 4612, Miami FL 33132

In Paramount Miami Worldcenter
4
Bedrooms
5
Bathrooms
3,800 sqft
Interior
2019
Year built
$5,488 / mo
HOA
Condominium
Type

About this home

Experience the ultimate "Duplex in the Sky" in this dramatic, double-story furnished trophy residence at Paramount Miami Worldcenter. Boasting a private foyer and soaring two-story glass walls, Penthouse 4612 offers approximately 3,800 square feet of interior luxury and four outdoor terraces spanning an additional 417 square feet, featuring panoramic views of Biscayne Bay, the Miami skyline, and vibrant western sunsets. This sprawling layout provides the seamless flow of a single-family home paired with the thrill of high-rise living, highlighted by an oversized primary suite with a spa-inspired bathroom and a versatile "lock-out" studio complete with its own entrance, kitchenette, and full bath. Residents enjoy access to the world's most extensive amenity package including five resort-style pools, a soccer field, tennis courts, a state-of-the-art gym, and a full-service spa all while being steps from the Kaseya Center, elite retail, Miami's finest restaurants and major transit. Perfectly positioned in the heart of the city, you are minutes from Brickell, Wynwood, Miami Beach, and MIA Airport.

Features

  • First Floor Entry
  • Second Floor Entry
  • Built-in Features
  • Closet Cabinetry
  • Cooking Island
  • Fire Sprinklers
  • Entrance Foyer
  • Split Bedroom
  • Volume Ceilings
  • Walk-In Closet(s)
  • Den/Library/Office
  • Maid/In-Law Quarters
  • Open Balcony
  • Tennis Court(s)
  • Bay
  • Intracoastal View
  • Water View

Location

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

Estimated loan & HOA

$28,242

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

Principal & interest
$22,754
HOA
$5,488 / 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
Miami Portfolio Collection

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.