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Condominium
$995,000$610 / sqft
851 NE 1st Av # 2808, Miami FL 33132
Listed
2
Bedrooms
3
Bathrooms
1,630 sqft
Interior
2019
Year built
$2,000 / mo
HOA
Condominium
Type
About this home
GORGEOUS 2BD+HUGE DEN W/CLOSET THAT CAN BE A 3rd BED, 3 BATHS CONDO AT LUXURY PARAMOUNT MIAMI WORLD CENTER. OVER SIZED BALCONY OVERLOOKING MIAMI SKYLINE, PRIVATE ELEVATOR. WALKING DISTANCE TO VIRGIN TRAIN STATION, METRO MOVER, BAYSIDE, PORT OF PRIME PRIME LOCATION IN THE HEART OF MIAMI STEPS TO KASEYA CENTER, ART MUSEUM. SHORT DRIVE TO MIAMI INT'L AIRPORT, BRICKELL, WYNWOOD AND MIAMI BEACH. HOA INCLUDES INTERNET AND CABLE, WATER, AND TRASH REMOVAL. ONE ASSIGNED PARKING SPACE AND ONE COMPLIMENTARY VALET. PLENTY OF LUXURY AMENITIES AND SERVICES. FIVE POOLS, BASKETBALL COURT, BOXING COURT, RACQUETBALL, YOGA, SAUNA, SPA, ULTIMATE GYM, BBQ KITCHEN, VIRTUAL GOLF, RECORDING STUDIO, KIDS PLAY AREA. SOCCER FIELD, TENNIS COURT, SKY DECK, OBSERVATORY. JACUZZI ON 53rd FLOOR OVERLOOKING MIAMI SKYLINE. 24 HRS CONCIERGE, VALET PARKING, SECURITY.
Features
- Other
- Open Balcony
- Other View
Leasing
- Minimum lease
- 90 days
- Leases permitted per year
- 4
- Okay To Lease 1st Year
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Location
Approximate — shows the building, not the unit.
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.