$4,899,000

Paramount at Miami Worldcenter 851 NE 1st Ave Unit 5011 Miami, FL 33132

Park West Neighborhood

Estimated payment $36,648/month

Total Views 1,016,422
4 Beds
5 Baths
4,084 Sq Ft
$1,200 Price per Sq Ft

Highlights

  • Very Popular Property
  • 2-minute walk to Park West
  • Fitness Center
  • Doorman
  • Community Cabanas
  • 3-minute walk to Bicentennial Park

About This Home

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.

Listing Agent

Derek Varona

Sea Grove Realty License #3245277 Listed on: 05/05/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $60,681

Year Built

  • Built in 2019 | Remodeled

Lot Details

  • Waterfront
  • East Facing Home

HOA Fees

  • $4,482 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Secured Garage or Parking
  • Assigned Parking

Property Views

Home Design

  • Penthouse
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,084 Sq Ft Home
  • Vaulted Ceiling
  • Blinds
  • Entrance Foyer
  • Open Floorplan
  • Den
  • Tile Flooring

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 5 Full Bathrooms
  • Dual Sinks
  • Bathtub
  • Shower Only in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Schools

  • Douglass; Frederick Elementary School
  • De Diego; Jose Middle School
  • Washington; Brooker T High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed

Listing and Financial Details

  • Assessor Parcel Number 01-31-37-039-5190

Community Details

Overview

  • 567 Units
  • High-Rise Condominium
  • Paramount Miami Worldcent Condos
  • Paramount Miami Worldcent,Paramount Subdivision
  • Property has 1 Level

Amenities

  • Doorman
  • Community Barbecue Grill
  • Community Kitchen
  • Business Center
  • Community Center
  • Party Room
  • Elevator

Recreation

  • Community Playground
  • Community Spa
  • Bike Trail

Pet Policy

  • Breed Restrictions

Security

  • Secure Elevator
  • High Impact Windows
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$60,681

Year Built

Built in 2019 | Remodeled

Lot Details

0

HOA Fees

$4,482 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2019
  • Property Sub Type: Condominium
  • Architectural Style: High Rise, Penthouse
  • Entry Level: 50
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • Unit Levels: 1
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: PARAMOUNT MIAMI WORLDCENT,PARAMOUNT
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Interior Amenities: Cooking Island, Elevator, Entrance Foyer, Other, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s), Den/Library/Office, Utility Room/Laundry
  • Full Bathrooms: 5
  • Total Bedrooms: 4
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 4084
  • Stories: 55
  • Window Features: Clear Impact Glass, Complete Impact Glass, Blinds, High Impact Windows
  • Bedroom Features: Primary Bath Shower, Primary Bath Tub
  • Dining Room Features: Dining/Living Room, Family/Dining Combination, Kitchen Dining
  • Living Room Features: Den/Library/Office, Other, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Bay, Skyline, Water View
  • Exterior Features: Open Balcony, Other
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront Features: Waterfront
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: PARAMOUNT MIAMI WORLDCENT
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Assigned, Covered

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Doorman, Elevator Secure, Secured Garage/Parking

Condo/Co-op/Association

  • Association Fee: 4482
  • Amenities: Barbecue, Bike/Jog Path, Business Center, Cabana, Child Play Area, Community Room, Elevator(s), Exercise Room, Heated Pool, Kitchen Facilities, Other, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Douglass; Frederick
  • High School: Washington; Brooker T
  • Middle Or Junior School: de Diego; Jose

Lot Info

  • Parcel Number: 01-31-37-039-5190

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 567
  • Number Of Units Total: 567

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 60681

Map

About Paramount at Miami Worldcenter

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $63,210 $2,928,200 -- --
2024 $58,922 $2,662,000 -- --
2023 $58,922 $2,420,000 $0 $0
2022 $54,897 $2,200,000 $0 $0
2021 $46,776 $2,000,000 $0 $0
2020 $46,936 $2,000,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2025 06/11/25 Price Changed $22,000 0.0% $5 / Sq Ft
05/05/2025 05/05/25 For Sale $4,899,000 0.0% $1,200 / Sq Ft
03/14/2025 03/14/25 For Rent $25,000 -- --
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $4,200,000 Attorney
Source: Public Records

About the Listing Agent

Derek Varona
Derek Varona

Sea Grove Realty

(844) 643-3719

Section Image

Derek is one of the co-founders of Sea Grove Realty. Derek's diligence, trustworthy personality and analytical background are critical to Sea Grove Realty's ability to serve its clients.

Prior to founding Sea Grove Realty, Derek worked in a client service role as a CPA at Deloitte, the largest professional services firm in the world. Upon graduating from Loyola University Chicago, Derek joined Deloitte's Chicago office in its tax function. As a member of the client service team, Derek

View Derek's Profile

Derek's Other Listings

  • 900 Brickell Key Blvd Unit 3403, Miami, FL 33131

    $30,000,000

    • 4 Beds
    • 5.5 Baths
    • 5,867 Sq Ft
    • 900 Brickell Key Blvd
    • Unit 3403
    • Miami, FL

    Welcome to the pinnacle of luxury living at Penthouse #3403 in Asia, the most exclusive building on Brickell Key. This fully reimagined residence is a true masterpiece of design and sophistication, offering unparalleled waterfront and city views of Miami, with sweeping panoramas of the bay, ocean, and river. Upon entry, you are greeted by a breathtaking two-sided mirrored waterfall, setting the

    Derek Varona Sea Grove Realty

    Section Image
  • 2515 SW 7th St, Miami, FL 33135

    $1,800,000

    • 5,033 Sq Ft
    • 2515 SW 7th St
    • Miami, FL

    Located in the heart of vibrant Little Havana, this 10-unit multifamily property presents an investment opportunity with significant upside. The neighborhood’s strong rental demand, driven by its cultural richness and central location just minutes from Brickell, Downtown, and the Health District, makes this an ideal asset for repositioning. The property does require deferred maintenance, creating

    Derek Varona Sea Grove Realty

    Section Image
  • 2757 NW 29th St, Miami, FL 33142

    $550,000 Pending

    • 2 Beds
    • 2 Baths
    • 1,261 Sq Ft
    • 2757 NW 29th St
    • Miami, FL

    Newer construction in central Allapattah! Built in 2007, this well-maintained single-family home offers modern comfort in one of Miami’s most connected neighborhoods. Located in Melrose Heights, the residence features 2 spacious bedrooms, 2 bathrooms, and a bright, functional layout across 1,261 square feet—plus an additional flex space perfect for a third bedroom, office, or creative studio. The

    Derek Varona Sea Grove Realty

    Section Image
  • 2835 SW 37th Ct, Miami, FL 33134

    $845,000

    • 2,355 Sq Ft
    • 2835 SW 37th Ct
    • Miami, FL

    Investment Opportunity in Silver bluff. This duplex is currently a 2/1 & detached 1/1. Keep the property for income or redevelop into luxury townhouse. Located in one of Miami’s most centrally positioned & charming neighborhoods, Silver Bluff is nestled between Coconut Grove, Coral Gables, & Brickell. The area is celebrated for its classic architecture, tree-lined streets, & an eclectic mix of

    Derek Varona Sea Grove Realty

    Section Image
  • 201 Crandon Blvd Unit 174, Key Biscayne, FL 33149

    $5,500,000

    • 4 Beds
    • 7 Baths
    • 3,254 Sq Ft
    • 201 Crandon Blvd
    • Unit 174
    • Key Biscayne, FL

    Exceptionally rare beachfront, standalone, townhouse in Key Colony, Key Biscayne. One of the few Miami-Dade properties with direct beach access. Spanning over 3,200 sqft, this 4-bed, 6-bath gem offers an unparalleled island lifestyle. Highlights include a private ground-floor cabana with new AC, impact windows & doors, a private elevator for easy access across its four levels, & Subzero paneled

    Derek Varona Sea Grove Realty

    Section Image
  • 30 Leucadendra Dr, Coral Gables, FL 33156

    $17,500,000

    • Land
    • 0.8 Acre
    • $21,875,000 per Acre
    • 30 Leucadendra Dr
    • Coral Gables, FL

    Nestled within the ultra-exclusive, guard-gated community of Gables Estates, this nearly 1-acre waterfront lot presents a rare opportunity to build a custom dream estate. Boasting 152 feet of water frontage, this prime parcel is a haven for yachting enthusiasts. Surrounded by lush landscaping & multi-million-dollar estates, it offers the perfect blend of privacy, security, & prestige in one of

    Derek Varona Sea Grove Realty

    Section Image
  • 30 Leucadendra Dr, Coral Gables, FL 33156

    $17,500,000

    • 5 Beds
    • 5.5 Baths
    • 6,738 Sq Ft
    • 30 Leucadendra Dr
    • Coral Gables, FL

    Nestled within the ultra-exclusive, guard-gated community of Gables Estates, this nearly 1-acre waterfront lot presents a rare opportunity to build a custom dream estate. Boasting 152 feet of water frontage, this prime parcel is a haven for yachting enthusiasts. Surrounded by lush landscaping & multi-million-dollar estates, it offers the perfect blend of privacy, security, & prestige in one of

    Derek Varona Sea Grove Realty

    Section Image
  • 8390 SW 72nd Ave Unit 517, Miami, FL 33143

    $385,000 Under Contract

    • 2 Beds
    • 2 Baths
    • 1,316 Sq Ft
    • 8390 SW 72nd Ave
    • Unit 517
    • Miami, FL

    This impeccably maintained 2-bed, 2-bath unit at The Colonnade in Dadeland offers over 1,300 sqft of living space, featuring high ceilings, 2 private balconies, & 1 assigned parking space. Known for its oversized layouts & resort-style amenities, The Colonnade includes a pool, jacuzzi, sauna, fitness center, and dedicated staff. Inside, the unit showcases updated flooring, a renovated primary

    Derek Varona Sea Grove Realty

    Section Image
  • 8225 SW 81st Ct, Miami, FL 33143

    $675,000

    • 2 Beds
    • 2.5 Baths
    • 1,282 Sq Ft
    • 8225 SW 81st Ct
    • Miami, FL

    Rarely available & fully renovated Kings Creek townhouse. This 2-bed, 2.5-bath residence was professionally updated by an interior designer & features a custom-built wall unit, new flooring, and fully remodeled kitchen and bathrooms. Highlights include high-efficiency washer & dryer, elegant porcelain tile flooring throughout, & a spacious primary suite with a walk-in shower. Additional upgrades

    Derek Varona Sea Grove Realty

    Section Image

Source: MIAMI REALTORS® MLS

MLS Number: A11796872

MIAMI REALTORS® MLS

APN: 01-3137-039-5190

Florida Miami/Dade County Miami 33132 Park West

851 NE 1st Ave Unit 5011, Miami, FL

This home is located at 851 NE 1st Ave Unit 5011, Miami, FL 33132 and is currently priced at $4,899,000, approximately $1,199 per square foot. This property was built in 2019. 851 NE 1st Ave Unit 5011 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.

Nearby Homes
Derek Varona
Derek Varona
Listing Agent Section Image
Sea Grove Realty
(844) 643-3719