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$4,899,000
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Property Description
Spectacular 4 bedroom, 5 bathroom penthouse unit with an additional den in Miami's iconic Paramount Miami Worldcenter. This new-construction unit on the 50th floor offers incredible views from every room across its over 4K SqFt. Residents enter the unit via its private elevator and step into the great room, featuring floor to ceiling windows, a European-style kitchen & a 530 SqFt balcony, perfect for entertaining. This penthouse unit offers a split floorplan with a large master-suite, 3 large guest bedrooms with in-suite bathrooms and walk-in closets, and a separate den with a full bathroom and large closet. Paramount Miami Worldcenter offers resort-style amenities and is located in the heart of Downtown Miami, steps from the city's most popular attractions and the shores of Biscayne Bay.
Full Property Details
Full Property Details for 851 NE 1st Ave #PH5011
General
- Price: $4,899,000
- HOA FEE: $4,482/month
- Taxes: $60,681 (2024)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A11796872
- Updated: 7/25/2025
- Added to Site: 257 day(s) ago
Interior
- Interior Features: Cooking Island, Elevator, Entrance Foyer, Other, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s), Den/Library/Office, Utility Room/Laundry
- Appliances: Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
- Primary Bathroom: Dual Sinks, Separate Tub & Shower
Bedrooms
- Total Bedrooms: 4
- Bedroom Features: Primary Bath Shower, Primary Bath Tub
Other Rooms
- Living Room: Den/Library/Office, Other, Sq. Ft.
- Dining Room: Dining/Living Room, Family/Dining Combination, Kitchen Dining
- Laundry: Utility Room/Laundry
Additional Information
- Shared Amenities: Barbecue, Bike/Jog Path, Business Center, Cabana, Child Play Area, Community Room, Elevator(s), Exercise Room, Heated Pool, Kitchen Facilities, Other, Pool, Spa/Hot Tub, Tennis Court(s)
- Maint. Includes: All Amenities, Building Exterior, Common Area, Elevator, Hot Water, Insurance, Landscaping/Lawn Maintenance, Manager, Other Maintenance Includes, Outside Maintenance, Pool Service, Recreation Facilities, Roof Repairs, Security, Sewer, Trash Removal, Water
- Security/Safety: Doorman, Elevator Secure, Secured Garage/Parking
Exterior
- Exterior Features: Open Balcony, Other
- Deck/Patio: Open Balcony
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: 2 Or More Spaces, Assigned, Covered
Location
- Area: Paramount Miami Worldcent
- County: Miami-Dade County
- Subdivision: PARAMOUNT MIAMI WORLDCENT, PARAMOUNT
- Building Name: PARAMOUNT MIAMI WORLDCENT
- Direction Faces: East
School Information
- Elementary School: Douglass; Frederick
- Middle School: de Diego; Jose
- High School: Washington; Brooker T
Community
- Community Name: Paramount Miami Worldcent
- Association: Yes
- Units Assoc/Comm: 567
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Structural Information
- Architectural Style: High Rise, Penthouse
- Structure Type: Condo 5+ Stories, Condo
- Detached/Attached: Attached
- Construction: CBS Construction
- Windows: Clear Impact Glass, Complete Impact Glass, Blinds, High Impact Windows
- Doors: High Impact Doors
- Entry Floor Number: 50
- Entry Location: Foyer
- Building Size: 4614
- Square Feet: 4,084
- Living Area: 4,084 Sq. Ft.
- Year Built: 2019
- Property Condition: Updated/Remodeled
Unit Information
- Units in Complex: 567
Lot Features
- Property View: Bay, Skyline, Water View
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Waterfront
Financial Considerations
- Price Per Sq. Ft.: $1,199.56
- Association Fee: $4,482
- Assoc Fee Freq.: Monthly
- Tax Amount: $60,681
- Tax Year: 2024
- Terms: All Cash, Conventional, Owner Will Carry
Disclosures and Reports
- Legal Description: PARAMOUNT MIAMI WORLDCENTER CONDO UNIT 5011 UNDIV 0.39754603992% INT IN COMMON ELEMENTS OFF REC 31567-0071
- Restrictions: Other Restrictions
- Inclusions: None
- Property ID: 01-31-37-039-5190
Listed by Sea Grove Realty
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Schools
Schools serving 851 NE 1st Ave #PH5011
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Frederick R. Douglass Elementary School 314 Northwest 12th Street, Miami, FL 33136 | PK-5 | 0.6 mi |
Jose De Diego Middle School 3100 Northwest 5th Avenue, Miami, FL 33127 | 6-8 | 1.8 mi |
Booker T. Washington Senior High School 1200 Northwest 6th Avenue, Miami, FL 33136 | 9-12 | 0.8 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 #PH5011
Date
Details
Price
Change
Source
5/05/2025
Listed
$4,899,000
389.41%
MLS
5/06/2021
Sold
$1,001,000
—
Public Record
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
Tax History for 851 NE 1st Ave #PH5011
Year
Property Taxes
Change
Tax Assessment
Change
2024
100%
100%
2023
100%
100%
2022
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 851 NE 1st Ave #PH5011
851 NE 1st Ave #PH5011, Miami, FL 33132 (MLS# A11796872) is a Condo property with 4 bedrooms and 5 full bathrooms. 851 NE 1st Ave #PH5011 is currently listed for $4,899,000 and was received on May 05, 2025. Want to learn more about 851 NE 1st Ave #PH5011? 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.

