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Active
Condominium
$428,000$610 / sqft

851 NE 1st Ave # 204, Miami FL 33132

In Paramount Miami Worldcenter
0
Bedrooms
1
Bathrooms
702 sqft
Interior
2019
Year built
$1,238 / mo
HOA
Condominium
Type

About this home

Live in a 5 Stars Building! More than 45 amenities. Beautiful and new studio with a separate space for the bedroom. Spacious bathroom with shower and tub. Modern big kitchen. Full washer/dryer. Excellent location! Paramount Miami World Center is an iconic luxury development located in the heart of downtown Miami, with the greatest amenities: 5 modern resort-style pools with 26 cabanas, a Spa, a Basketball court, a Gym, a Boxing area, a BBQ Kitchen, a Recording Studio, a Yoga room, a Sunrise pool, Soccer field, Sky deck, Tennis courts, jacuzzi, Virtual Golf, Racquetball, Rooftop observatory, Game room, Bar, Restaurants and more. Attention investors!! You can rent it 11 times a year, minimum 31 days. Downtown Miami is booming! A lifestyle and entertainment for daily enjoyment! Rented until October 2026

Features

  • Lobby
  • First Floor Entry
  • Elevator
  • Barbeque
  • Courtyard
  • None

Location

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

Estimated loan & HOA

$3,402

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

Principal & interest
$2,164
HOA
$1,238 / 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
United Realty Group 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.