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Active
Condominium
$874,000$583 / sqft

851 NE 1st Ave # 1408, Miami FL 33132

2
Bedrooms
3
Bathrooms
1,498 sqft
Interior
2019
Year built
$2,630 / mo
HOA
Condominium
Type

About this home

3 BEDROOM 3 BATHROOM Freshly renovated.Italian doors, closets. Perfect location in Hard Downtown Miami World Center, HIGH CEILINGS 10' WITH A FLOOR TO CEILING WINDOWS, ITALIAN KITCHEN, AND TOP OF THE LINE APPLIANCES BOSH MARBLE FLOOR. The unit has a private elevator, unbelievable sunset views, and a deep 16x12 balcony. Most Amenities in the World include a basketball court, 5 pools, a Spa, a Gym with a boxing area, a BBQ kitchen, Virtual Golf, a Recording Studio, Racquetball, Yoga, a sunrise pool, & Kids Play Area. Skydeck, Observatory to view stars with telescopes, Tennis courts, and a Jacuzzi rooftop pool with 360 views of Miami. Great investment opportunity EASY TO SHOW. SELLER MOTIVATED

Features

  • Interior Hall
  • Lobby
  • Closet Cabinetry
  • Cooking Island
  • Fire Sprinklers
  • Roman Tub
  • Den/Library/Office
  • Garage Converted
  • Separate Guest/In-Law Quarters
  • Utility Room/Laundry
  • Barbeque
  • Intracoastal View
  • Other View

Estimated loan & HOA

$7,049

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

Principal & interest
$4,419
HOA
$2,630 / 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
Big International Realty, 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.