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Condominium
$1,425,000$647 / sqft
851 NE 1st Ave # 1901, Miami FL 33132
Listed
3
Bedrooms
4
Bathrooms
2,204 sqft
Interior
2019
Year built
$3,888 / mo
HOA
Condominium
Type
About this home
Bathed in natural light, this northeast-facing modern residence at Paramount Miami Worldcenter offers sweeping city and bay views. Private elevator access and a foyer with a custom wood entry door welcome you into a spacious 3-bedroom plus media room, 3.5-bath layout. The open kitchen includes Bosch and Sub-Zero appliances, a large wine fridge, and an island. The primary suite includes a spacious walk-in closet and a bathroom with a bathtub, shower, and illuminated mirrors. The large terrace extends the living area outdoors. Additional features include custom built-ins, electric shades, a laundry room with storage and a washer and dryer, and two parking spaces. Residents of Paramount Miami Worldcenter enjoy an expansive six-acre pool deck and a rooftop pool, along with a fitness center, spa with infrared saunas, game room, basketball court, racquetball and tennis courts, business center, and more. Set in the heart of Downtown Miami, the building is steps from Bayfront Park, Miami Worldcenter, Kaseya Center, Bayside Marketplace, museums, restaurants, nightlife, and the Brightline station, with the Miami International Airport only a 15-minute drive away.
Features
- First Floor Entry
- Built-in Features
- Cooking Island
- Elevator
- Fire Sprinklers
- Entrance Foyer
- Split Bedroom
- Walk-In Closet(s)
- Den/Library/Office
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.