For sale

$4,899,000

851 NE 1st Ave #Penthouse 5011, Miami, FL 33132

4beds

4,084sqft

$39,163/mo

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Condominium

Built in 2019

-- sqft lot

$4,442,100 Zestimate^®

$1,200/sqft

$5,564/mo HOA

What's special

Floor to ceiling windowsPrivate elevatorSplit floorplanEuropean-style kitchenWalk-in closets

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.

462 days

450

14

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 5
Full bathrooms: 5

Rooms

Room types: Den/Library/Office

Heating

Central, Electric

Cooling

Central Air, Electric

Appliances

Included: Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer
Laundry: Laundry Room

Features

Kitchen Island, Elevator, Entrance Foyer, Other, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s)
Flooring: Tile
Doors: High Impact Doors
Windows: Clear Impact Glass, Complete Impact Glass, Blinds, High Impact Windows

Interior area

Total structure area: 4,614
Total interior livable area: 4,084 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 2
Parking features: 2 Or More Spaces, Assigned, Covered
Attached garage spaces: 2

Features

Levels: One
Entry location: Foyer
Exterior features: Balcony, Other
Pool features: Association
Spa features: Community
Has view: Yes
View description: Bay, Skyline, Water
Has water view: Yes
Water view: Bay,Water
Waterfront features: Waterfront

Details

Parcel number: 0131370395190
Lease amount: $0

Construction

Type & style

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

Materials

CBS Construction

Condition

Updated/Remodeled
Year built: 2019

Community & HOA

Community

Security: Doorman, Elevator Secure, Secured Garage/Parking
Application fee: $150
Pet fee: $300
Subdivision: Paramount Miami Worldcent,Paramount

HOA

Has HOA: Yes
Amenities included: Barbecue, Bike/Jog Path, Business Center, Cabana, Playground, Community Room, Elevator(s), Fitness Center, Pool, Kitchen Facilities, Other, Spa/Hot Tub, Tennis Court(s)
HOA fee: $5,564 monthly

Location

Region: Miami

Financial & listing details

Price per square foot: $1,200/sqft
Tax assessed value: $3,040,334
Annual tax amount: $60,681
Date on market: 5/5/2025
Listing terms: All Cash,Conventional,Owner Will Carry

Estimated market value

$4,442,100

$4.22M - $4.66M

Not available

Price history

Date	Event	Price
9/3/2025	Listing removed	$22,000$5/sqft
Source: MIAMI #A11757142 Report a problem
6/11/2025	Price change	$22,000-12%$5/sqft
Source: MIAMI #A11757142 Report a problem
5/7/2025	Listed for sale	$4,899,000$1,200/sqft
Source: MIAMI #A11796872 Report a problem
5/1/2025	Listing removed	$4,899,000$1,200/sqft
Source: MIAMI #A11568405 Report a problem
3/14/2025	Listed for rent	$25,000$6/sqft
Source: MIAMI #A11757142 Report a problem
5/1/2024	Listed for sale	$4,899,000+16.6%$1,200/sqft
Source: MIAMI #A11568405 Report a problem
7/14/2020	Sold	$4,200,000$1,028/sqft
Source: MIAMI #A10862024 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$63,108 -0.2%	$2,928,200 +10%
2024	$63,210 +7.3%	$2,662,000 +10%
2023	$58,922 +7.3%	$2,420,000 +10%
2022	$54,897 +17.4%	$2,200,000 +10%
2021	$46,776 -0.3%	$2,000,000
2020	$46,936	$2,000,000