Atlantic Luxury AdvisorsKeller Williams Realty Services

45 photos

851 NE 1st Ave #204

Miami, FL 33132

$409,000
1
702 sq ft
2019
1 car
Condominium
$1,238/mo
273
Active

Listing courtesy of United Realty Group Inc. Contact: [email protected].

About this home

Live in a 5 Stars Building! More than 45 amenities. Beautiful and new studio with a separate space for the bedroom. Spacious bathroom with shower and tub. Modern big kitchen. Full washer/dryer. Excellent location! Paramount Miami World Center is an iconic luxury development located in the heart of downtown Miami, with the greatest amenities: 5 modern resort-style pools with 26 cabanas, a Spa, a Basketball court, a Gym, a Boxing area, a BBQ Kitchen, a Recording Studio, a Yoga room, a Sunrise pool, Soccer field, Sky deck, Tennis courts, jacuzzi, Virtual Golf, Racquetball, Rooftop observatory, Game room, Bar, Restaurants and more. Attention investors!! You can rent it 11 times a year, minimum 31 days. Downtown Miami is booming! A lifestyle and entertainment for daily enjoyment! Rented until October 2027. Price to sell!!!

Virtual tour
What it costs to own
Estimated monthly payment
$4,131/mo
Principal and interest
$2,068
Property tax
$567
Homeowners insurance
$258
HOA
$1,238

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
$6,803/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
$1,238/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.