851 NE 1st Ave

Miami, FL 33132

$995,000

$638/ft²

2Beds

3Baths

1,560Sq ft

2019Year built

CondoType

About this home

This stunning 2-bedroom, 3-bath luxury unit at Paramount Miami World Center offers an exceptional living experience. Featuring a private elevator, white ceramic floors throughout, and an oversized balcony with breathtaking sunset views of Miami, this home is truly one-of-a-kind. Enjoy built-out closets, blinds on all windows, and the convenience of 2 parking spots (1 valet & 1 assigned). The building boasts the world’s most amenities, including 5 pools, a spa, gym, basketball court, yoga studio, recording studio, racquetball, and more. With internet and cable included, this condo is perfect for both living and renting out. Don’t miss out on this incredible opportunity!----------UNIT RENTED TILL 1/31/2027, paying $6,700.00 PER MONTH - 24hs previous notice in advance at least to show

Features

Waterfront

Property details

Listing

MLS #: A12002603
Status: For sale
Listed on: Apr 16, 2026
Days on market: 115 days
Listing data updated: May 26, 2026

Interior

Beds: 2
Baths: 3
Living area: 1,560 ft²
Price per ft²: $638/ft²
Unit: 3103

Building & community

Type: Condo
Year built: 2019
HOA fee: $2,752/mo
County: Miami-Dade

Lot & exterior

Waterfront: Yes

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest): $5,031
Property taxes (est.): $913
Home insurance (est.): $600
Flood insurance (est.): —
HOA fee: $2,752

Estimated total$9,296*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?

Building structural health (SIRS)

No filing record found

We couldn't find a SIRS filing record for this building in Florida's public DBPR database. That is not a red flag by itself: buildings under three stories are exempt, recent or mailed-in filings may not appear yet, and the name or address on file may differ from this listing.

Questions about this

What is a SIRS and why does it matter?

Since the Surfside collapse, Florida requires condo and co-op buildings three stories or taller to complete a Structural Integrity Reserve Study: an inspection-based plan that forces the association to fund structural repairs (roof, load-bearing walls, plumbing, electrical) instead of deferring them. It matters because underfunded buildings are the ones that surprise owners with large special assessments.

Has this building filed its SIRS?

We didn't find a filing record for this building in the DBPR's public database. Absence of a record does not mean the building is out of compliance — it may be exempt (under three stories), the filing may be recent or on paper, or the recorded name/address may differ. It IS the right question to ask before offering.

What is a special assessment?

A one-off charge the association levies on every owner when reserves don't cover a needed repair — in older coastal buildings they have ranged from a few thousand to over $100,000 per unit. The SIRS exists precisely to make these predictable and funded in advance. Always review the building's budget, reserves and meeting minutes before buying.

What should I check before buying in this building?

Florida law gives buyers the right to review the association's SIRS, milestone inspection reports, budget and reserves — the full study is available from the association by written request. Nilyan requests and walks through these documents with her buyers as part of the offer process.

Source: Florida DBPR public SIRS reporting database. Filing status is self-reported by the association; this is not an audit, inspection or safety certification, and absence of a record does not mean non-compliance. Data as of July 30, 2026.

Want the full structural picture of this building before you offer?