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Waterfront · Condominium
$1,300,000$834 / sqft
851 NE 1st Ave # 3909, Miami FL 33132
Listed
2
Bedrooms
3
Bathrooms
1,559 sqft
Interior
2019
Year built
$2,750 / mo
HOA
Condominium
Type
About this home
Welcome to Paramount Miami Worldcenter—home to the most amenities in the world. This coveted 09 line, 2-bed, 3-bath plus den residence on the 39th floor features 10 ft. floor-to-ceiling windows showcasing stunning Bay, Intracoastal, and Miami skyline views. Private elevator access opens to a foyer leading to a large open living room, split-bedroom layout and flexible den. The European-style kitchen offers custom cabinetry, a waterfall island, and Sub-Zero/Bosch appliances. Upgrades include automatic blinds throughout, custom built closets, and new lighting. Primary suite includes a spa-like bath with dual vanities, soaking tub, and glass shower. Enjoy unmatched amenities: five pools, spa, lounges, summer kitchen, fitness center, boxing and yoga studios, racquetball, basketball, observatory, jam/recording studios, kids’ room, virtual golf, soccer field, sky deck, rooftop pool, plus 24/7 front desk and valet. Located in Miami Worldcenter, the country’s second-largest master-planned community with dining, shopping, and entertainment. Flexible living can be rented up to four times per year—ideal for both end-users and investors.
Features
- Bar
- Closet Cabinetry
- Cooking Island
- Fire Sprinklers
- Entrance Foyer
- Walk-In Closet(s)
- Den/Library/Office
- Utility Room/Laundry
- Open Balcony
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 2-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,350–$5,000.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.