Sold for $935,000

$935,000

851 NE 1st Ave #2505, Miami, FL 33132

2beds

1,254sqft

Condominium

Built in 2019

-- sqft lot

$828,400 Zestimate^®

$746/sqft

$5,775 Estimated rent

Home value

$828,400

$770,000 - $886,000

$5,775/mo

Zestimate^® history

Owner options

List your home for rent

$5,775/mo

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$5,775/mo

Rent Zestimate^®

Refinance and save

$8,256/mo

Est. payment

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$8,256/mo

Est. payment

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What's special

Step into this meticulously designed 2 Bed 2 Bath at Paramount World Center. The unit is fully loaded to the highest standards, setting it apart in a class of it's own. $200k+ in upgrades, includes Savant Smart Home, Lutron lighting, Sonos surround sound throughout, custom closets, auto blinds, marble fireplace, beachwood porcelain herringbone floors, matte master bath, mosaic guest bath, & dark wood porcelain on the balcony. Custom touches include wallpaper in key areas + custom paint wet sanded on doors & framing for a glass like finish. Modern glass elements include sliding guest bath, black smoke guest door & master bath toilet. This condo is best of the best, a turnkey palace with world-class amenities located in the heart of downtown Miami, a truly unparalleled living experience!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Heating

Central, Electric

Cooling

Ceiling Fan(s), Central Air, Electric

Appliances

Included: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Oven, Washer
Laundry: Laundry Room

Features

Closet Cabinetry, Kitchen Island, Entrance Foyer, Walk-In Closet(s)
Flooring: Other, Tile
Windows: Complete Impact Glass
Has fireplace: Yes

Interior area

Total structure area: 1,254
Total interior livable area: 1,254 sqft

Property

Parking

Total spaces: 1
Parking features: 2 Or More Spaces, Assigned, Valet
Garage spaces: 1

Accessibility

Accessibility features: Accessible Elevator Installed

Features

Entry location: Foyer
Exterior features: Balcony
Pool features: Association
Spa features: Community
Has view: Yes
View description: Bay, Intracoastal View, Ocean, Pool, Water
Has water view: Yes
Water view: Bay,Intracoastal View,Ocean,Water

Details

Parcel number: 0131370392610

Construction

Type & style

Home type: Condo
Property subtype: Condominium
Attached to another structure: Yes

Materials

Concrete Block Construction

Condition

Year built: 2019

Community & HOA

Community

Security: Fire Sprinkler System, Smoke Detector, Doorman, Elevator Secure, Card Entry, Secured Garage/Parking, Security Guard, Lobby Secured, Other, Security Service, TV Camera
Application fee: $100
Pet fee: $40
Subdivision: Paramount Miami Worldcent

HOA

Has HOA: Yes
Amenities included: Basketball Court, Barbecue, Billiard Room, Business Center, Playground, Clubhouse-Clubroom, Community Room, Elevator(s), Fitness Center, Handball/Basketball, Pool, Spa/Hot Tub, Tennis Court(s)
HOA fee: $1,811 monthly

Location

Region: Miami

Financial & listing details

Price per square foot: $746/sqft
Tax assessed value: $641,512
Annual tax amount: $17,156
Date on market: 2/29/2024
Listing terms: All Cash,Conventional

Price history

Date	Event	Price
8/15/2024	Sold	$935,000-1.6%$746/sqft
Source: MIAMI #A11537219 Report a problem
6/4/2024	Price change	$950,000-5%$758/sqft
Source: MIAMI #A11537219 Report a problem
4/5/2024	Price change	$1,000,000-9.1%$797/sqft
Source: MIAMI #A11537219 Report a problem
3/22/2024	Price change	$1,100,000-12%$877/sqft
Source: MIAMI #A11537219 Report a problem
2/29/2024	Listed for sale	$1,250,000$997/sqft
Source: MIAMI #A11537219 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$15,093 -10%	$641,512 -11%
2024	$16,771 -2.2%	$720,800
2023	$17,156 +4.1%	$720,800 +7.1%
2022	$16,472 -2.9%	$673,200 +2.3%
2021	$16,956 -2.3%	$658,240 -3.2%
2020	$17,354	$680,000