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Condominium
$3,700,000$961 / sqft
851 NE 1st Ave # 4911, Miami FL 33132
Listed
4
Bedrooms
5
Bathrooms
3,852 sqft
Interior
2019
Year built
$4,480 / mo
HOA
Condominium
Type
About this home
Priced to sell.... Introducing Penthouse #4911 at Paramount Miami Worldcenter – a masterpiece in the sky with the best unobstructed east-facing views in the entire tower. This exclusive Penthouse Collection residence features 4 bedrooms, a den, 5 bathrooms, and nearly 4,000 sq. ft. of refined interior living space. Your private elevator opens directly into an elegant foyer, unveiling breathtaking panoramic ocean, Intracoastal, and Miami skyline views that only an east-facing high-floor penthouse can deliver. Designed for elevated living, the home features marble floors, a gourmet chef’s kitchen with premium appliances, custom-built-ins, spacious en-suite bedrooms, and a luxurious primary suite with a spa-inspired bath. Paramount Miami Worldcenter offers one of the most extensive amenity decks in the country, including a private soccer field, tennis courts, multiple resort-style pools, poolside bungalows, exclusive villas, a dog park, an indoor basketball court, a boxing studio, a state-of-the-art fitness center, spa, game room, movie theater, and recording studio. Perfectly positioned in the heart of Downtown Miami, Penthouse #4911 delivers unmatched privacy, elegance, and the very best east-facing ocean and skyline views at Paramount—a true sanctuary in the sky.
Features
- Closet Cabinetry
- Cooking Island
- Entrance Foyer
- Pantry
- Split Bedroom
- Vaulted Ceiling(s)
- Walk-In Closet(s)
- Family Room
- 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 4-bed rentals across Miami-Dade, from 117 active listings; the middle half ask $15,900–$37,000.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.