Sold for $3,150,000

$3,150,000

851 NE 1st Ave #5202, Miami, FL 33132

4beds

3,292sqft

Condominium

Built in 2019

-- sqft lot

$3,045,800 Zestimate^®

$957/sqft

$19,767 Estimated rent

Home value

$3,045,800

$2.65M - $3.50M

$19,767/mo

Zestimate^® history

Owner options

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$19,767/mo

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$19,767/mo

Rent Zestimate^®

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$27,864/mo

Est. payment

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$27,864/mo

Est. payment

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What's special

Largest balconyDirect balcony accessFloor-to-ceiling windowsSpa-like bathOpen layoutPanoramic city viewsSpacious primary suite

Soar above the city in this one-of-a-kind penthouse featuring the largest balcony in the iconic Paramount building. Set just above the newly completed $6B Miami Worldcenter project, this 4-bed + den, 5-bath residence offers a professionally designed interior and an oversized private balcony with panoramic city views. Inside, floor-to-ceiling windows and sliding glass doors flood the open layout with light. The spacious primary suite features direct balcony access, a walk-in closet, and a spa-like bath. Enjoy access to 46 world-class amenities (Paramount boasts the second most in the world) including multiple pools, spa, gym, basketball court & recording studio. All in a prime location just moments from shops, restaurants, the stadium, Brightline, Port of MIA, I-95, and South Beach.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 5
Full bathrooms: 5

Rooms

Room types: Den/Library/Office

Heating

Central

Cooling

Central Air

Appliances

Included: Dishwasher, Disposal, Dryer, Refrigerator
Laundry: Washer/Dryer Hook-Up

Features

Built-in Features, Closet Cabinetry, Kitchen Island, Custom Mirrors, Entrance Foyer, Pantry, Elevator
Flooring: Tile
Doors: High Impact Doors
Furnished: Yes

Interior area

Total structure area: 3,292
Total interior livable area: 3,292 sqft

Property

Parking

Total spaces: 3
Parking features: 2 Or More Spaces, Valet
Garage spaces: 3

Features

Entry location: Foyer
Patio & porch: Deck
Pool features: Association
Spa features: Community
Has view: Yes
View description: Intracoastal View, Skyline, Water
Has water view: Yes
Water view: Intracoastal View,Water

Details

Parcel number: 0131370391590

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, Fire Alarm, Doorman, Elevator Secure, Phone Entry, Secured Garage/Parking, Lobby Secured
Application fee: $150
Pet fee: $500
Subdivision: Paramount Miami Worldcent

HOA

Has HOA: Yes
Amenities included: Cabana, Clubhouse-Clubroom, Community Room, Fitness Center, Pool, Kitchen Facilities, Sauna, Spa/Hot Tub
HOA fee: $5,807 monthly

Location

Region: Miami

Financial & listing details

Price per square foot: $957/sqft
Tax assessed value: $3,180,952
Annual tax amount: $79,278
Date on market: 6/23/2025
Listing terms: All Cash,Conventional

Price history

Date	Event	Price
8/27/2025	Sold	$3,150,000-4.4%$957/sqft
Source: MIAMI #A11821296 Report a problem
8/27/2025	Pending sale	$3,295,000$1,001/sqft
Source: MIAMI #A11821296 Report a problem
6/23/2025	Listed for sale	$3,295,000-9.7%$1,001/sqft
Source: MIAMI #A11821296 Report a problem
3/25/2025	Listing removed	$3,650,000$1,109/sqft
Source: MIAMI #A11495529 Report a problem
10/22/2024	Price change	$3,650,000-8.6%$1,109/sqft
Source: MIAMI #A11495529 Report a problem
8/8/2024	Listing removed	$20,000$6/sqft
Source: MIAMI #A11598254 Report a problem
5/31/2024	Listed for rent	$20,000-38.5%$6/sqft
Source: MIAMI #A11598254 Report a problem
5/31/2024	Price change	$3,995,000-2.6%$1,214/sqft
Source: MIAMI #A11495529 Report a problem
3/27/2024	Price change	$4,100,000-4.6%$1,245/sqft
Source: MIAMI #A11495529 Report a problem
12/5/2023	Listed for sale	$4,299,000+5.1%$1,306/sqft
Source: MIAMI #A11495529 Report a problem
10/11/2023	Listing removed	--
Source: Zillow Rentals Report a problem
11/7/2022	Listed for rent	$32,500$10/sqft
Source: Zillow Rental Network_1 #A11299719 Report a problem
8/2/2022	Listing removed	--
Source: Nest Seekers International Report a problem
1/27/2022	Sold	$4,090,000+2.5%$1,242/sqft
Source: Public Record Report a problem
10/26/2021	Listed for sale	$3,990,000$1,212/sqft
Source: Nest Seekers International Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$67,515 -14.8%	$3,180,952 -15%
2024	$79,278 +5.9%	$3,742,297 +9%
2023	$74,850 +34.3%	$3,433,300 +62.8%
2022	$55,716 +22.7%	$2,108,304 +10%
2021	$45,410 -2.3%	$1,916,640 -3.2%
2020	$46,501	$1,980,000