$1,000,000
↓ $100K (9.1%)
●
Condo -
For Sale
851 NE 1st Ave #2505
Miami, FL 33132
2 Beds
2 Baths
1254 Sqft
$8,151
Estimated Monthly
$1,811
HOA / Fees
0.91%
Cap Rate
About This Property
Step into this meticulously designed 2 Bed 2 Bath at Paramount
World Center. The unit is fully loaded to the highest
standards, setting it apart in a class of it's own. $200k+ in
upgrades, includes Savant Smart Home, Lutron lighting, Sonos
surround sound throughout, custom closets, auto blinds, marble
fireplace, beachwood porcelain herringbone floors, matte master
bath, mosaic guest bath, & dark wood porcelain on the balcony.
Custom touches include wallpaper in key areas + custom paint
wet sanded on doors & framing for a glass like finish. Modern glass
elements include sliding guest bath, black smoke guest door &
master bath toilet. This condo is best of the best, a turnkey
palace with world-class amenities located in the heart of downtown
Miami, a truly unparalleled living experience!
Unit Size
1,254Ft²
Days on Market
58 days
Land Size
-
Price per sqft
$797
Property Type
Condo
Property Taxes
$1,430
HOA Dues
$1,811
Year Built
-
Listed By
Last updated: 22 days ago (Miami MLS #A11537219)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 6, 2024 | Price Decreased |
$1,000,000
↓ $100K
(9.1%)
|
|
| Price Decreased | |||
| Mar 22, 2024 | Price Decreased |
$1,100,000
↓ $150K
(12%)
|
|
| Price Decreased | |||
| Feb 29, 2024 | Listed by Compass Florida, LLC. | $1,250,000 | |
| Listed by Compass Florida, LLC. | |||
Property Highlights
Doorman
Elevator
Parking Available
Garage
Air Conditioning
With View
Fireplace
Parking Details
Has Garage
Parking Features: 2 Or More Spaces, Assigned, Valet
Garage Spaces: 1
Covered Parking Spaces: 1
Interior Details
Bathroom Information
Full Bathrooms: 2
Master Bathroom Features: Dual Sinks, Separate Tub & Shower
Bedroom Information
Bedrooms: 2
Bedroom Features: Entry Level, Primary Bath Shower, Primary Bath Tub
Interior Information
Interior Features: Closet Cabinetry, Cooking Island, Fire Sprinklers, Entrance Foyer, Walk-In Closet(s), Utility Room/Laundry
Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
Flooring Type: Other, Tile
Laundry Features: Utility Room/Laundry
Room Information
Dining Room Features: Dining/Living Room, Eat-In Kitchen, Kitchen Dining
Living Room Features: Utility Room/Laundry
Fireplace Information
Has Fireplace
Fireplace Features: Fireplace
Exterior Details
Property Information
Has Property Attached
Square Footage: 1254
Security Features: Fire Sprinklers, Smoke Detector, Doorman, Elevator Secure, Card Entry, Secured Garage/Parking, Guard At Site, Lobby Secured, Other, Security Patrol, TV Camera
Architectural Style: High Rise
Year Built: 2019
Building Information
Building Name: Paramount Miami Worldcent
Building Area Total: 1254
Building Area Units: Square Feet
Building Area Total: 1254
Window Features: Complete Impact Glass
Patio and Porch Features: Open Balcony
Lot Information
Lot Size Units: Square Feet
Financial Details
Tax Legal Description: PARAMOUNT MIAMI WORLDCENTER CONDO UNIT 2505 UNDIV 0.12940292327 % INT IN COMMON ELEMENTS OFF REC 31567-0071
Tax Annual Amount: $17,156
Tax Year: 2023
Parcel Number: 01-31-37-039-2610
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Electric
Heating Type: Central, Electric
Location Details
HOA/Condo/Coop Amenities: Basketball Court, Barbecue, Billiard Room, Business Center, Child Play Area, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Handball/Basketball, Heated Pool, Pool, Spa/Hot Tub, Tennis Court(s)
HOA Fee: $1,811
HOA Fee Frequency: Monthly
851 NE 1st Ave #2505, Miami, FL, 33132
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Condo
2
Beds
3
Baths
1,498 ft²
$597/ft²
$895,000
Jul 9, 2023
$895,000
Dec 29, 2023
$2,609/mo
Condo
2
Beds
3
Baths
1,323 ft²
$624/ft²
$825,000
Dec 8, 2023
$825,000
Feb 13, 2024
$2,132/mo
Condo
2
Beds
3
Baths
1,450 ft²
$655/ft²
$950,000
Jun 22, 2023
$950,000
Oct 2, 2023
$2,548/mo
Condo
2
Beds
4
Baths
1,547 ft²
$718/ft²
$1,110,000
Oct 28, 2023
$1,110,000
Feb 12, 2024
$3,568/mo
Condo
2
Beds
2
Baths
1,315 ft²
$597/ft²
$785,000
Sep 23, 2023
$785,000
Dec 28, 2023
$1,717/mo
Condo
2
Beds
3
Baths
1,237 ft²
$659/ft²
$815,000
Oct 27, 2023
$815,000
Mar 29, 2024
$2,209/mo
Condo
2
Beds
2
Baths
1,254 ft²
$726/ft²
$910,000
Oct 26, 2023
-
$3,205/mo
Condo
2
Beds
3
Baths
1,491 ft²
$667/ft²
$995,000
Mar 18, 2024
-
$2,875/mo
Condo
2
Beds
3
Baths
1,552 ft²
$754/ft²
$1,170,000
Dec 7, 2023
-
$3,061/mo
Condo
2
Beds
2
Baths
1,173 ft²
$724/ft²
$848,900
Apr 18, 2024
-
$2,651/mo
In Contract
Condo
2
Beds
2
Baths
1,315 ft²
$645/ft²
$847,960
Oct 16, 2023
-
$1,758/mo
Active
Condo
2
Beds
2
Baths
1,315 ft²
$741/ft²
$975,000
Oct 19, 2023
-
$2,030/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
12/12/2023
|
2 Bed
|
3 Bath
|
1531 ft²
|
$1,080,000
2 Bed
3 Bath
1531 ft²
|
$940,000
-12.96%
02/09/2024
|
-
|
Karen Reiter
Keller Williams Elite Properties
|
|
|
10/28/2023
|
2 Bed
|
4 Bath
|
1547 ft²
|
$1,200,000
2 Bed
4 Bath
1547 ft²
|
$1,110,000
-7.50%
02/12/2024
|
-
|
Rigoberto Moreno
Avanti Way Realty LLC
|
|
|
10/26/2023
|
3 Bed
|
3 Bath
|
1559 ft²
|
$1,299,000
3 Bed
3 Bath
1559 ft²
|
$1,190,000
-8.39%
02/20/2024
|
-
|
Valerie Garazi
One World Properties
|
|
|
09/01/2023
|
2 Bed
|
2 Bath
|
1254 ft²
|
$997,000
2 Bed
2 Bath
1254 ft²
|
$855,000
-14.24%
03/29/2024
|
-
|
Andrea Escobar
VarCamp Realty, LLC.
|
|
|
08/11/2023
|
3 Bed
|
3 Bath
|
1547 ft²
|
$1,199,000
3 Bed
3 Bath
1547 ft²
|
$1,165,000
-2.84%
03/08/2024
|
-
|
Susana Da Silva
IRG
|
|
|
07/22/2023
|
2 Bed
|
3 Bath
|
1560 ft²
|
$1,150,000
2 Bed
3 Bath
1560 ft²
|
$1,150,000
09/21/2023
|
Mayan Van Der Miller
Compass Florida LLC
|
||
|
06/05/2023
|
|
3 Bed
|
4 Bath
|
2204 ft²
|
$2,070,000
3 Bed
4 Bath
2204 ft²
|
$715,000
-65.46%
11/02/2023
|
Michael Gallo
Engel & Volkers Miami
|
|
|
03/06/2023
|
1 Bed
|
2 Bath
|
1294 ft²
|
$765,000
1 Bed
2 Bath
1294 ft²
|
$665,000
-13.07%
02/15/2024
|
-
|
Burcu Goren
Brokers, LLC
|
|
|
04/05/2021
|
3 Bed
|
4 Bath
|
-
|
$1,795,000
3 Bed
4 Bath
|
$1,500,000
-16.43%
09/09/2021
|
Juliana Boselli Neves
Glasstone Group Inc
|
||
|
02/19/2021
|
3 Bed
|
4 Bath
|
2320 ft²
|
$1,375,000
3 Bed
4 Bath
2320 ft²
|
$1,360,000
-1.09%
08/30/2021
|
Lana Bell
One Sotheby's International Realty
|
||
|
02/01/2021
|
2 Bed
|
3 Bath
|
1547 ft²
|
$1,399,000
2 Bed
3 Bath
1547 ft²
|
$1,250,000
-10.65%
07/14/2021
|
Peggy Olin
One World Properties
|
||
|
01/22/2021
|
2 Bed
|
3 Bath
|
1733 ft²
|
$1,127,000
2 Bed
3 Bath
1733 ft²
|
$900,000
-20.14%
09/13/2021
|
Peggy Olin
One World Properties
|
||
|
01/21/2021
|
3 Bed
|
3 Bath
|
1547 ft²
|
$930,000
3 Bed
3 Bath
1547 ft²
|
$830,000
-10.75%
11/17/2021
|
-
|
Aramed Chavarria
Forbes International Real Estate, LLC
|
|
|
01/21/2021
|
2 Bed
|
3 Bath
|
1753 ft²
|
$1,257,000
2 Bed
3 Bath
1753 ft²
|
$900,000
-28.40%
05/17/2021
|
Peggy Olin
One World Properties
|
Building Info
851 Northeast 1st Avenue
851 Northeast 1st Avenue, Miami, FL 33132
- 3 Units for Sale
About Downtown Miami
Similar Homes for Sale
$975,000
- 2 Beds
- 2 Baths
- 1,315 ft²
$848,900
- 2 Beds
- 2 Baths
- 1,173 ft²
Nearby Rentals
Listed by: Scott Kennedy
Compass Florida, LLC.
Last Updated: 22 days ago
Data Source: Miami MLS, MLS# A11537219
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Compass Florida, LLC.
Last Updated: 22 days ago
Data Source: Miami MLS, MLS# A11537219
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
