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Condominium
$1,395,000$633 / sqft
851 NE 1st Ave # 4801, Miami FL 33132
Listed
3
Bedrooms
4
Bathrooms
2,204 sqft
Interior
2019
Year built
$3,899 / mo
HOA
Condominium
Type
About this home
Spacious high-floor residence at Paramount Miami Worldcenter offering approximately 2,204 sq ft of interior living space with 10-foot ceilings, floor-to-ceiling windows, and expansive terraces with city views. Located on the 48th floor, just below the penthouse level, the unit offers exceptional light and panoramic views. Modern European-style kitchen with quartz island, sleek cabinetry, stone backsplash, and premium Bosch appliances. This unique unit is configured as two separate sections with independent entrances: a studio and a 2-bedroom plus den residence, offering flexibility for extended family, guests, or a home office setup. Paramount Miami Worldcenter is one of Downtown Miami’s most sought-after luxury buildings featuring over 40 world-class amenities including resort-style pools, private cabanas, tennis courts, boxing studio, golf simulator, full-size soccer field, and spectacular Skydeck with panoramic views. Enjoy world-class amenities: 5 pools, 24/7 fitness center, spa, private tennis courts, theater room, kids’ play area Prime Downtown location within walking distance to Perez Art Museum, Frost Museum of Science, Kaseya Center, and Miami Worldcenter shopping and dining.
Features
- Closet Cabinetry
- Split Bedroom
- Walk-In Closet(s)
- Other
- Bay
- Canal
- Intracoastal View
- Ocean View
Leasing
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 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,900–$11,700.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.