851 NE 1st Ave 2406, Miami, FL 33132

Condominium · Active

$695,000

851 NE 1st Ave 2406, Miami, FL 33132 — MLS photo

Miami Real Estate Listings & Homes for Sale

851 NE 1st Ave 2406, Miami, FL 33132

Bedrooms
1
Bathrooms
2
Interior
1,173 sq ft
Price / sq ft
$592/sq ft
Built
2019
Lot
—

The residence

Luxury 1BD + Enclosed Den/2BA residence at Paramount Miami World Center featuring an oversized balcony with breathtaking city views from the 55th floor. Enjoy world-class amenities including multiple pools, sky lounge, party room, bar, theater, recording studio, club room, golf simulator, poker room, billiards, full-service spa, sauna, state-of-the-art fitness center, yoga/ballet studios, children’s playroom, business center with private workspaces and printer, guest suites, basketball court, racquetball court, and more. Located in the heart of Downtown Miami, just steps from shopping, dining, entertainment, museums, Brightline, Kaseya Center, and major highways. Resort-style living at its finest! Utilities include water, sewer, cable/internet, and trash removal. EV charging stations are also available for actively charging vehicles only.

Property location

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851 NE 1st Ave 2406, Miami, FL 33132

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
1,173 sq ft
Flooring
Porcelain Tile
Appliances
Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Washer
Cooling
Electric
Heating
None
Interior features
Built In Features, Bathtub, Dual Sinks, Kitchen Island, Living Dining Room, Separate Shower, Elevator, Bar
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
2019
Stories
58
Architectural style
High Rise
Construction
Brick, Block
Exterior features
Balcony, Security High Impact Doors
Pool
Association
View
Skyline

Parking

Garage spaces
1
Covered spaces
1
Parking features
Assigned, Attached, Covered, Garage, One Space, Garage Door Opener

HOA, Community & Financials

Association fee
$2,150 Monthly
Fee inclusions
Amenities, Maintenance Grounds, Trash, Water
Amenities
Basketball Court, Business Center, Cabana, Community Kitchen, Fitness Center, Barbecue, Picnic Area, Playground, Pool, Sauna, Spa Hot Tub, Elevators
Security
Complex Fenced, Lobby Secured, Security Guard, Fire Sprinkler System, Smoke Detectors
Pets allowed
Conditional, Yes
Annual tax
$13,441
Subdivision
PARAMOUNT MIAMI WORLDCENT
County
Miami-Dade
Days on market
2
MLS listing ID
A12105954
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$3,349

Cap rate
-0.1%
Net yield
-0.1%
Cash-on-cash return
-20.7%
Gross yield
6.9%
Mortgage payment
$3,295/mo
Down payment
$173,750
Loan amount
$521,250
Annual NOI
-$658

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.

Get More Info About This Property

851 NE 1st Ave 2406, Miami, FL 33132