Atlantic Luxury AdvisorsKeller Williams Realty Services

31 photos

851 NE 1st Ave #4612 #Penthouse 4612

Miami, FL 33132

$4,500,000
4
5
3,800 sq ft
2019
2 car
Condominium
$5,488/mo
81
Active

Listing courtesy of Miami Portfolio Collection. Contact: [email protected].

About this home

Experience the ultimate "Duplex in the Sky" in this dramatic, double-story furnished trophy residence at Paramount Miami Worldcenter. Boasting a private foyer and soaring two-story glass walls, Penthouse 4612 offers approximately 3,800 square feet of interior luxury and four outdoor terraces spanning an additional 417 square feet, featuring panoramic views of Biscayne Bay, the Miami skyline, and vibrant western sunsets. This sprawling layout provides the seamless flow of a single-family home paired with the thrill of high-rise living, highlighted by an oversized primary suite with a spa-inspired bathroom and a versatile "lock-out" studio complete with its own entrance, kitchenette, and full bath. Residents enjoy access to the world's most extensive amenity package including five resort-style pools, a soccer field, tennis courts, a state-of-the-art gym, and a full-service spa all while being steps from the Kaseya Center, elite retail, Miami's finest restaurants and major transit. Perfectly positioned in the heart of the city, you are minutes from Brickell, Wynwood, Miami Beach, and MIA Airport.

Virtual tour
What it costs to own
Estimated monthly payment
$37,929/mo
Principal and interest
$22,754
Property tax
$6,870
Homeowners insurance
$2,817
HOA
$5,488

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$82,443/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.

HOA
$5,488/mo (from the listing)
FEMA flood zone
Lookup unavailable. Check the FEMA map
Hurricane evacuation zone
Lookup unavailable. Know your zone

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Florida condo safety laws

This building was built in 2019, according to the county property appraiser.

If it has three or more habitable stories, Florida law (s. 553.899, F.S.) requires a milestone structural inspection by December 31 of the year it reaches 30 years of age, then every 10 years; for a building of this age the first one is due by December 31, 2049. A local building official may require it at 25 years near salt water.

Condominium buildings of three or more stories also need a structural integrity reserve study (s. 718.112(2)(g), F.S.) at least every 10 years; associations formed on or before July 1, 2022 had to complete one by December 31, 2025.

Dates follow from the statutes and the year the county appraiser lists for the building, not from the association's records. Ask the association for its milestone inspection report, its most recent structural integrity reserve study and any approved or proposed special assessments, and review them before you buy.

Location
Location from the listing's MLS coordinatesMap data © OpenStreetMap contributors

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.