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Condominium
$990,000$661 / sqft
851 NE 1st Ave # 4208, Miami FL 33132
Listed
3
Bedrooms
3
Bathrooms
1,498 sqft
Interior
2019
Year built
$2,400 / mo
HOA
Condominium
Type
About this home
Experience the peak of luxury high-rise living in this stunning, fully furnished turnkey residence on the 42nd floor of Paramount Miami World center. 3-BR, 3-bath home perfectly blends sophisticated modern finishes with exceptional functional design, making it an incredible investment or primary residence. Framed by floor-to-ceiling glass windows, the apartment delivers spectacular, unobstructed views of the northeast skyline and Biscayne Bay. Inside, the home features gleaming marble flooring throughout and a seamless transition to a large private balcony, creating an outdoor retreat perfect for entertaining or relaxing while taking in the beautiful panoramic views. The bedrooms feature spacious walk-in closets complete with fully integrated, custom "done up" built-in organization systems designed to maximize storage and aesthetic appeal. Offered fully equipped and meticulously furnished for an effortless transition, this property includes two dedicated parking spaces and grants exclusive access to the building's world-class amenities. Paramount Miami World center features some of the most expansive residential amenities in the country, including resort decks, a dramatic rooftop pool, tennis courts, a soccer field, a basketball court, and an elite fitness center, a private recording studio, a movie theater, and a golf simulator. Perfectly situated in a prime location, you are steps away from Miami's premier dining, shopping, and entertainment districts.
Features
- Cooking Island
- Elevator
- Entrance Foyer
- Split Bedroom
- Walk-In Closet(s)
- Open Balcony
- Skyline
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–$11,500.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.