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Active
Condominium
$1,675,000$766 / sqft

851 NE 1st Ave # 3711, Miami FL 33132

3
Bedrooms
4
Bathrooms
2,188 sqft
Interior
2019
Year built
$3,859 / mo
HOA
Condominium
Type

About this home

Never lived in full time nor rented, and impeccably finished, this exceptional corner residence at Paramount Miami Worldcenter showcases sweeping direct ocean views from one of Miami’s most amenity-rich luxury towers. This pristine sky residence offers 3 bedrooms plus an oversized den easily convertible into a 4th bedroom, 4 full bathrooms, soaring 10-foot ceilings, expansive living and entertaining areas, private elevator foyer, spacious laundry room, custom walk-in closets, and a private in-law suite with separate entrance. Rarely available, the residence also includes 2 dedicated side-by-side extra-wide parking spaces. Designed for elevated modern living, Paramount delivers an unrivaled resort lifestyle with over 40 world-class amenities, including multiple resort-style pools, sunrise and infinity pools, skydeck lounge, observatory, state-of-the-art fitness center, boxing studio, aerobics and yoga studios, basketball and racquetball courts, tennis courts, soccer field, jogging path, spa and salon with treatment rooms, steam showers, outdoor bath gardens, relaxation lounges, conservatory, outdoor lounges and gardens, summer kitchens with BBQ areas, poolside bungalows and daybeds, floating seating pods, business center, game room, recreation lounge, demo kitchen, children’s playroom, jam room with recording studio, dog park, food market, valet, and direct access to Miami Worldcenter — moments from world-class dining, shopping, entertainment, museums, and the waterfront.

Features

  • Lobby
  • Built-in Features
  • Closet Cabinetry
  • Den/Library/Office
  • Storage
  • Open Balcony
  • Tennis Court(s)
  • Bay
  • Ocean View
  • Skyline
  • Water View

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$12,329

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

Principal & interest
$8,470
HOA
$3,859 / 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
One Sotheby's International Realty

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.