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851 NE 1st Ave # 205, Miami FL 33132

Condo/Co-op For Sale
$389,000

BTC: 6.04037267

ETH: 204.45276038

-$66K (2026/07/22)
121 days
1 ba
662 sqft

Overview

Best-priced studio in Downtown Miami! Excellent opportunity to own at the prestigious Paramount Miami Worldcenter, one of Miami’s most desirable luxury buildings. This modern residence features high ceilings, floor-to-ceiling windows with stunning skyline views, sleek cabinetry, stainless steel appliances, and a new A/C installed in 2025. Enjoy world-class amenities including resort-style pools, a state-of-the-art fitness center, spa, sky deck, movie theater, and more. Prime location within walking distance to dining, shopping, entertainment, Kaseya Center, Brightline, and minutes from major highways and Miami International Airport. Perfect for an owner-user or investor. Priced to sell — don’t miss this opportunity!

Location

Details

Type:
Residential
Parking:
Other / No Rv/Boats / No Trucks/Trailers
Year Built:
2019
Lot:
No Data
Heating:
Electric
Price/sqft:
$588
Cooling:
Central Air
HOA:
$982

Valuation

Our model vs. what's actually selling nearby.
Estimate
$487,000
$349K – $615K
Confidence Low
List vs. estimate
$98K below estimate
List $389,000 · -20.1%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$587
+4.5% vs. city median $562
Based on
811 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $642K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$9,266
2025
HOA
$982/mo
View
None
Pets
Restrictions Or Possible Restrictions
All facts and features
  • Heating

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Electric Range

    • Microwave

    • Refrigerator

    • Washer

    Other interior features

    • Volume Ceilings

    Bedrooms and bathrooms

    • Full bathrooms: 1

  • Parking

    • Other

    • No Rv/Boats

    • No Trucks/Trailers

    Property

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 01-31-37-039-0060

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $982

    • HOA Frequency: Monthly

    • Annual tax amount: $9,266

  • Source details

    • MLS ID: A11993217

    Other facts

    • Construction Materials: Concrete Block Construction

    • Patio And Porch Features: Open Balcony

    • Window Features: Clear Impact Glass

    • Architectural Style: High Rise

    • Living Area: 662

    • 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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Market around this address

Live counts in the same area.
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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: Novalux Realty, LLC.