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$505,000

  • For Sale
  • Active
  • Condo
  • 704 Sq. Ft.
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Own in the most amenity-rich building in the world. This upgraded condo features marble finishes in the kitchen and bathroom, and comes fully furnished-perfect to live in or rent out. Currently generating $4,000-$5,000/month on Airbnb. Paramount allows only studios to be rented monthly. Amenities include 5 pools, basketball, tennis, soccer, raquetball, owner lounge, mini store, fully equipped gym, spa, massage chairs, entertainment room, and much more. Just steps you have the restaurants and stores, including Apple Store, Bowling, bars, Bayside market place, Kaseya Center Bayfront park, Brightline, metro mover, Cruise docks and much more. LOCATION, LOCATION, LOCATION

Full Property Details for 851 NE 1st Ave #503

General

  • Price: $505,000
  • HOA FEE: $1,241/month
  • Taxes: $10,371 (2024)
  • Status: Active
  • Type: Condo
  • Source: Greater_Miami
  • MLS ID: A11824854
  • Updated: 12/5/2025
  • Added to Site: 213 day(s) ago

Interior

  • Interior Features: Elevator, Walk-In Closet(s), Den/Library/Office
  • Appliances: Trash Compactor, Dishwasher, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer

Rooms

Bathrooms

  • Primary Bathroom: Separate Tub & Shower

Bedrooms

  • Bedroom Features: Studio

Other Rooms

  • Living Room: Den/Library/Office Sq. Ft.
  • Dining Room: Breakfast Area

Additional Information

  • Shared Amenities: Basketball Court, Barbecue, Bike Storage, Billiard Room, Business Center, Clubhouse-Clubroom, Exercise Room, Heated Pool, Kitchen Facilities, Pool, Sauna, Spa/Hot Tub, Tennis Court(s), Trash Chute
  • Maint. Includes: All Amenities, Building Exterior, Common Area, Elevator, Hot Water, Internet/WiFi, Manager, Outside Maintenance, Parking, Pest Control Interior, Pool Service, Security, Sewer, Trash Removal, Water
  • Security/Safety: Smoke Detector, Doorman, Elevator Secure, Fire Alarm, Lobby Secured
  • Equipment: Elevator

Exterior

  • Exterior Features: Barbecue, Tennis Court(s)
  • Deck/Patio: Deck, Patio

Parking

  • Parking Features: Valet

Location

  • Area: Paramount Miami Worldcent
  • County: Miami-Dade County
  • Subdivision: PARAMOUNT MIAMI WORLDCENT
  • Building Name: PARAMOUNT MIAMI WORLDCENT

Community

  • Community Name: Paramount Miami Worldcent
  • Association: Yes
  • Pets Allowed: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air, Electric
  • Heating Type: Central, Electric

Structural Information

  • Architectural Style: High Rise
  • Structure Type: Condo 5+ Stories, Condo
  • Detached/Attached: Attached
  • Construction: Metal Construction
  • Windows: Clear Impact Glass, Blinds
  • Doors: High Impact Doors
  • Entry Floor Number: 5
  • Building Size: 704
  • Square Feet: 704
  • Living Area: 704 Sq. Ft.
  • Year Built: 2019

Lot Features

  • Property View: Other View

Green Features

  • Energy Efficient: Appliances, Construction, Doors, HVAC, Insulation

Financial Considerations

  • Price Per Sq. Ft.: $717.33
  • Association Fee: $1,241
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $10,371
  • Tax Year: 2024
  • Terms: Conventional, Cryptocurrency, FHA, Owner Will Carry

Disclosures and Reports

  • Legal Description: PARAMOUNT MIAMI WORLDCENTER CONDO UNIT 503 UNDIV 0.07263421975% INT IN COMMON ELEMENTS OFF REC 31567-0071
  • Restrictions: Corporate Buyer OK, Ok To Lease
  • Property ID: 01-31-37-039-0230

Listed by Clients 1st Realty, Inc

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— 851 NE 1st Ave #503 —

  • Clients 1st Realty, Inc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 851 NE 1st Ave #503

School District:Dade County School District
NameGradesDistance
Frederick R. Douglass Elementary School
314 Northwest 12th Street, Miami, FL 33136
PK-50.6 mi
Jose De Diego Middle School
3100 Northwest 5th Avenue, Miami, FL 33127
6-81.8 mi
Booker T. Washington Senior High School
1200 Northwest 6th Avenue, Miami, FL 33136
9-120.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 851 NE 1st Ave #503 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/05/2025
Price Reduced
$505,000
-0.59%
MLS
9/24/2025
Price Reduced
$508,000
-0.2%
MLS
7/28/2025
Price Reduced
$509,000
-0.59%
MLS
6/18/2025
Listed
$512,000
26.73%
MLS
8/29/2019
Sold
$404,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 851 NE 1st Ave #503

Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,371
8%
$432,480
20%
2023
$9,579
7%
$360,400
9%
2021
$8,979
-3%
$331,000
-3%
2022
$9,224
-3%
$340,000
3%
2021
$9,542
—
$331,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Clients 1st Realty, Inc

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851 NE 1st Ave #503, Miami, FL 33132 (MLS# A11824854) is a Condo property with 0 bedrooms and 0 full bathrooms. 851 NE 1st Ave #503 is currently listed for $505,000 and was received on June 18, 2025. Want to learn more about 851 NE 1st Ave #503? Do you have questions about finding other Condo real estate for sale in Allapattah? You can browse all Allapattah real estate or contact a Coldwell Banker agent to request more information.

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