Home » Miami » Paramount Miami Worldcenter at 851 NE 1st ave Miami » 851 NE 1st Ave 5202, Miami, FL 33132 | A11495529

851 NE 1st Ave 5202, Miami, FL 33132 | For Sale

$3,995,000
Price has decreased by $304,000

Property Highlights

Listing ID A11495529 Status of this Listing: Active For Sale Property Type Residential Condominium 4 Bedrooms 5 Bathrooms Total 5 Full Bath Living Space 3,292 Sqft/305.84 m2 approx. Building Area 3,292 Sqft/305.84 m2 approx. COMMUNITY POOL Year Built 2019 Lease Term Minimum Duration: 90 What it means?Refers to a regulation set by the property association, stipulating that each rental agreement for the property must be for a duration of at least 90 days. This rule ensures that every time the property is rented out, the lease term cannot be shorter than the specified minimum period. Time of this property on Rebonus 287 Day(s)
54 Photos of this Property

851 NE 1st Ave 5202, Miami, FL 33132

Property Description: Stacking up against the competition, the recently completed PARAMOUNT Miami World Center, is soaring to new heights with its exclusive Penthouse Collection Series. Penthouse 5202 is in a league of its own with astonishing views, private rooftop, 10 ft. ceilings, and designer furniture to name a few of its features. This 4 bedroom plus den with 5 bathrooms has been appointed with some of the most luxurious finishes. Paramount features unparalleled views and every imaginable luxury within also known as the most amenitized building in the country, with access to 46 different amenities such as 5 pools, spa, outdoor lounge, summer kitchen, game room, state of the art fitness center, boxing studio, basketball court, racquetball, yoga, observatory, jam room and recording studio and much more!

Useful Info

Previous Asking Price:$4,100,000
Original List Price:$4,299,000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Architectural Style:
  • High Rise
  • Penthouse
Entry Level (floor):52
Entry Level Location:52
Construction Materials:
  • Block
Flooring:
  • Tile
Number of stories:58

Property Features

Has View:Yes
View from the Property:
  • Intercoastal
  • Water
  • City
Waterfront:No
Swimming Pool Features:
  • Heated
  • Association
Security:
  • Fire Sprinkler System
  • Door Man
  • Elevator Secured
  • Lobby Secured
  • Phone Entry
  • Secured Garage/parking
Appliances:
  • Dryer
  • Dishwasher
  • Microwave
  • Refrigerator
  • Washer
  • Built-in Oven
  • Ice Maker
Interior Features:
  • Pantry
  • Closet Cabinetry
  • Kitchen Island
  • Entrance Foyer
  • Built-in Features
  • Custom Mirrors
Exterior Features:
  • Deck
  • Security/high Impact Doors
Patio and Porch Features:
  • Deck
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$74,850

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2022
Association Fee:$4,756
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects City & County Tax

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Call Agent
Buyer Possession:
  • Close Of Escrow
Lease Considered:No

Community

Pets Allowed?:
  • Size Limit (There are size restrictions on allowed pets)
  • Yes
Amenities Provided by the Homeowner's Association (HOA):
  • Pool
  • Sauna
  • Spa/hot Tub
  • Cabana
  • Clubhouse
  • Fitness Center
  • Community Kitchen
Subdivision Name:PARAMOUNT MIAMI WORLDCENT
Association Fee Includes:
  • Sewer
  • Water
  • Trash
  • Security
  • Parking
  • Hot Water
  • Amenities
Complex Name:Paramount Miami Worldcent
Senior Community:No
Restrictions: OK To Lease

Parking

Garage:Yes
Garage Spaces:3
Covered Spaces:3
Parking Features:
  • Two Or More Spaces
  • Valet

More Details

Other Information:
Unit View: Intracoastal View,Skyline View,Water View
Housing Older Persons Act: Unverified
Unit Design: High Rise,Penthouse
Type of Association: Condo
Minimum Number of Days for Lease: 90
Type of Governing Bodies: Condominium
Tax Information: Tax Reflects City & County Tax
Number of times allowed to lease per year: 4
Flood Zone : X
Homeowner's Association Application Fee: 150
Style: Condo 5+ Stories
FEMA Flood Zone Designations: X
Municipal Code: 1
Subdivision Number: 39

Zoning and Legal

Tax Legal Description:PARAMOUNT MIAMI WORLDCENTER CONDO UNIT 5202 UNDIV 0.33975465353% INT IN COMMON ELEMENTS OFF REC 31567-0071
Real Estate Folio Number (Parcel Number):01-31-37-039-1590
Public Survey Township:1
Public Survey Range:31
Public Survey Section:37

Listing History

Update/EventDate/Days
Published Date:December 5, 2023 1:14 pm
On Market Date:December 5, 2023
Price Change Date Time:May 31, 2024 12:24 pm
Last Important Update Description:Price Change
Date and Time of Last Important Update:May 31, 2024 12:24 pm
Status Last Changed:December 5, 2023 1:14 pm
Photos Last Modified:May 10, 2024 8:43 pm
Last Modified:May 31, 2024 10:01 pm
Days on the Market Reference Date:May 31, 2024
Days on the Market (updated on Last Modified*):178
Cumulative Days on the Market (updated on Last Modified**):178

Additional Information

Unit Location:High Rise,Penthouse
Number of Photos Count:54
Area:31
Ref ID:1050772585
Automated Valuation Display:Yes
Courtesy of:One Sotheby's International Realty
Universal Property Id:US-12025-N-0131370391590-R-N

Location

Show Property Address:Yes
Street Name:1st Ave
Street Number:851
Street Direction Prefix:NE
Street Address:851 NE 1st Ave 5202
Unit Number:5202
City : Miami
State : Florida
Zip Code : 33132
County : Miami-Dade County
Full Address:851 NE 1st Ave 5202, Miami, FL 33132
Latitude:N25° 46' 58.2''
Longitude:W81° 48' 29.1''

Neighborhood

Postal City:Miami

Property Map

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