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851 NE 1st Ave # 5201, Miami FL 33132

Condo/Co-op For Sale
$4,995,000

BTC: 81.35179153

ETH: 2,860.82474227

4 days
4 bds
4 ba
3,867 sqft

Overview

Experience the pinnacle of elevated living from the 52nd floor of the world-renowned Paramount Miami Worldcenter. This masterpiece features 4 bedrooms and 5 full bathrooms, fully furnished and curated by the legendary interior designer Adriana Hoyos. The expansive floor plan boasts soaring 10-foot ceilings and private elevator access that opens into a grand foyer, framing breathtaking, unobstructed panoramic views of Biscayne Bay, the Atlantic Ocean, and the shimmering Miami skyline. The defining feature of this residence is its massive, record-breaking 2,500-square-foot wrap-around terrace—the largest in the building—offering an unparalleled private outdoor sanctuary for entertaining against a backdrop of endless blue horizons. Residents enjoy a chef’s kitchen equipped with premium Sub-Zero and Wolf appliances, 3 assigned parking spaces, and access to the most comprehensive amenity package in the world, including tennis courts, multiple resort-style pools, golf simulator, rooftop observatory, indoor basketball court, and a spa that rivals your favorite weekend escape. Perfectly positioned in the heart of downtown, this high-floor sanctuary serves as a true sky-mansion, providing a lifestyle of absolute privacy and prestige. It is a legacy property designed for the discerning buyer who demands the very best in Miami's most ambitious urban core.

Location

Details

Type:
Residential
Parking:
2 Or More Spaces
Year Built:
2019
Lot:
No Data
Heating:
Electric
Price/sqft:
$1,292
Cooling:
Central Air
HOA:
$3,995

Valuation

Our model vs. what's actually selling nearby.
Estimate
$4,850,000
$3.5M – $10.1M
Confidence Low
List vs. estimate
$145K above estimate
List $4,995,000 · +3.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,291
+128.8% vs. city median $564
Based on
25 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $571K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$36,752
2024
HOA
$3,995/mo
View
Bay, Ocean View
Garage
2 car garage
All facts and features
  • Flooring

    • Other

    Heating

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Microwave

    • Electric Range

    • Refrigerator

    • Self Cleaning Oven

    • Wall Oven

    • Washer

    Other interior features

    • First Floor Entry

    • Built-in Features

    • Closet Cabinetry

    • Cooking Island

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Full bathrooms: 4

  • Parking

    • 2 Or More Spaces

    Property

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 01-31-37-039-1140

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $3,995

    • HOA Frequency: Monthly

    • Annual tax amount: $36,752

  • Source details

    • MLS ID: A12028398

    Other facts

    • Construction Materials: Concrete Block Construction

    • Patio And Porch Features: Open Balcony

    • Architectural Style: High Rise / Penthouse

    • Garage Spaces: 2

    • Garage: Yes

    • Living Area: 3867

    • Subdivision Name: PARAMOUNT MIAMI WORLDCENT

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Serhant