$965,000
$45K PRICE INCREASE

Paramount at Miami Worldcenter 851 NE 1st Ave Unit 1408 Miami, FL 33132

Park West Neighborhood

Estimated payment $8,684/month

Total Views 978
3 Beds
3 Baths
1,498 Sq Ft
$644 Price per Sq Ft

Highlights

  • Valet Parking
  • 2-minute walk to Park West
  • Bar or Lounge
  • Horses Allowed On Property
  • Community Cabanas
  • 3-minute walk to Bicentennial Park

About This Home

Exceptional Investment Opportunity at Paramount Miami Worldcenter!
This beautifully renovated unit is a high-performing income property, currently generating $6,500/month in rental income. It features 3 spacious bedrooms, 3 full bathrooms, and a modern, fully upgraded interior with premium Italian cabinetry.
Whether you're buying as an investment or looking for financing options, we’re here to support you every step of the way through the closing process.
Don’t miss out on this incredible opportunity!
Contact us today ... we can send you a video tour and schedule a private showing with just 24 hours' notice. Ademas, esta completamente renovado con gabinetes italianos de alta gama.

Listing Agent

Alexander Machara

Potential Property Group License #3498543 Listed on: 06/25/2025

Potential Property Group

Co-Listing Agent

Niurka Sanchez Barreto

Potential Property Group License #3508559

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,507

Year Built

  • Built in 2019

Lot Details

  • Southwest Facing Home
  • Fenced

HOA Fees

  • $2,000 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Electric Vehicle Home Charger
  • Guest Parking
  • Assigned Parking

Home Design

  • Condo Hotel
  • Garden Apartment
  • Entry on the 14th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,498 Sq Ft Home
  • Furnished
  • Furniture Can Be Negotiated
  • Built-In Features
  • Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Great Room
  • Combination Dining and Living Room
  • Recreation Room
  • Storage Room
  • Dryer
  • Security System Leased
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Cooking Island
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Bathtub

Accessible Home Design

  • Accessible Elevator Installed
  • Handicap Accessible

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Green Energy Generation
  • Energy-Efficient Thermostat
  • Air Purifier

Outdoor Features

  • Community Stalls
  • Outdoor Grill

Horse Facilities and Amenities

  • Equestrian Lounge Area
  • Horses Allowed On Property

Utilities

  • Cooling Available
  • Central Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 01-31-37-039-3710

Community Details

Overview

  • 58 Units
  • Paramount Condos
  • Paramount Miami Worldcent Subdivision
  • 58-Story Property

Amenities

  • Valet Parking
  • Sauna
  • Billiard Room
  • Business Center
  • Bar or Lounge
  • Secure Lobby
  • Interior Hall
  • Bike Room

Recreation

  • Community Basketball Court
  • Community Playground
  • Community Spa
  • Bike Trail

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Card or Code Access
  • Secure Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,507

Year Built

Built in 2019

Lot Details

0

HOA Fees

$2,000 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2019
  • Ownership: Other Ownership
  • Property Sub Type: Condominium
  • Architectural Style: Garden Apartment
  • Co List Office Mls Id: PPRL01
  • Co List Office Phone: 305-260-6300
  • Entry Level: 14
  • Garage Yn: Yes
  • Horses: Yes
  • New Construction: No
  • Structure Type: Co-Op 5+ Stories, Condo
  • Subdivision Name: PARAMOUNT MIAMI WORLDCENT
  • Year Built Details: Condo-Hotel
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave
  • Interior Amenities: Interior Hall, Lobby, Bar, Built-in Features, Closet Cabinetry, Cooking Island, Elevator, Split Bedroom, Volume Ceilings, Walk-In Closet(s), Great Room, Separate Guest/In-Law Quarters, Recreation Room, Storage
  • Accessibility Features: Accessible, Accessibly Equipped
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Furnished: Furnished, Furniture Negotiable
  • Living Area: 1498
  • Other Equipment: Air Purifier, Elevator
  • Stories: 58
  • Bedroom Features: Entry Level, Primary Bath Tub
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen
  • Living Room Features: Great Room, Separate Guest/In-Law Quarters, Recreation Room, Storage Room

Exterior Features

  • View: Other View
  • Exterior Features: Barbeque, Tennis Court(s)
  • Construction Type: CBS Construction
  • Direction Faces: Southwest
  • Fencing: Fenced
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: PARAMOUNT
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Assigned, Electric Vehicle Charging Station(s), Guest, Valet

Utilities

  • Cooling: Air Purifier, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Fire Alarm, Security System Leased, Elevator Secure, Card Entry, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 2000
  • Amenities: Bar, Basketball Court, Bike Storage, Bike/Jog Path, Billiard Room, Business Center, Cabana, Child Play Area, Clubhouse-Clubroom, Exercise Room, Storage, Sauna, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-31-37-039-3710
  • Horse Amenities: CommunityStalls, Lounge

Green Features

  • Efficiency: Appliances, Energy Generation, Thermostat

Rental Info

  • Pets Allowed: More Than 20 Lbs

Multi Family

  • Number Of Units In Community: 58
  • Number Of Units Total: 58

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 18507

Map

About Paramount at Miami Worldcenter

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $17,682 $716,984 -- --
2024 $18,938 $765,320 -- --
2023 $18,938 $805,600 $0 $0
2022 $18,148 $752,400 $0 $0
2021 $18,656 $735,680 $0 $0
2020 $17,110 $760,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2025 09/09/25 Price Changed $965,000 -0.5% $644 / Sq Ft
08/28/2025 08/28/25 Price Changed $970,000 -2.9% $648 / Sq Ft
08/19/2025 08/19/25 Price Changed $999,000 +10.6% $667 / Sq Ft
07/11/2025 07/11/25 Price Changed $903,000 -0.8% $603 / Sq Ft
07/01/2025 07/01/25 Price Changed $909,900 -1.1% $607 / Sq Ft
06/25/2025 06/25/25 For Sale $920,000 0.0% $614 / Sq Ft
08/23/2024 08/23/24 Rented $6,700 0.0% --
07/24/2024 07/24/24 For Rent $6,700 -- --
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $945,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 Balloon
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11829217

MIAMI REALTORS® MLS

APN: 01-3137-039-3710

Florida Miami/Dade County Miami 33132 Park West

851 NE 1st Ave Unit 1408, Miami, FL

This home is located at 851 NE 1st Ave Unit 1408, Miami, FL 33132 and is currently priced at $965,000, approximately $644 per square foot. This property was built in 2019. 851 NE 1st Ave Unit 1408 is a home located in Miami-Dade County with nearby schools including Phillis Wheatley Elementary School, Jose De Diego Middle School, and Booker T. Washington Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Alexander Machara
Listing Agent
Alexander Machara
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Potential Property Group
(786) 743-6599