Condo in 851 NE 1st Avenue PH5011, Miami, FL 33132 for sale with MLS# A11796872

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.

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851 NE 1st Avenue PH5011, Miami, FL 33132

Price
Price:
$4,899,000.00
Original List Price:
$4,899,000.00
List Price per Sq Ft (Calculated, Approx.):
$1,199.55
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential
Property Type:
Condominium
Description of Last Important Update:
New Listing
Last Major Update on:
May 5, 2025 6:10 pm
Other Special Conditions:
Sold As-is
Rooms Distribution
Bedrooms:
4
Bathrooms Total:
5
Full Bath:
5
Room Type:
Laundry, Other, Den
Rooms Total:
3
Master Bedroom Bath:
Separate Shower, Dual Sinks, Separate Tub
Dining Area:
Kitchen Dining, Dining/Living Room, Family/Dining Combination
Measures
Living Area:
4,084 Sqft
Built-Up Area:
4,614 Sqft
Lot Size Dimensions and Info:
67x93
Lot Size Acres:
0.14
Property Features
View from the Property:
Water, Bay, Skyline
Waterfront:
Yes
Waterfront Features:
Other, None
Security:
Secured Garage/Parking, Lobby - Attended, Elevator Secure
Furnished:
Unfurnished
Appliances:
Dryer, Dishwasher, Microwave, Refrigerator, Washer, Electric Water Heater, Ice Maker
Interior:
Walk-In Closet(s), Kitchen Island, Vaulted Ceiling(s), Entrance Foyer, Other, Elevator, Bedroom Layout - Split
Exterior:
Balcony, Other
Windows:
Blinds
Air Conditioning
Air Conditioning System:
Central Air, Electric
Heating
Heating System:
Central, Electric
Property Entrance Faces:
East
Water View
Water View Details:
Canal
Unit Description:
High Rise, Penthouse
Balcony Details:
Balcony - Open
Storm Protection Impact Glass:
Complete
Construction
Year Built:
2019
Levels:
Two
Construction Materials:
CBS
Flooring:
Tile
Number of stories:
55
Number of Units in the Community or Building:
567
Stories:
1
Flood Zone Code:
X
Property Condition:
Resale, Updated/remodeled
Taxes and Expenses
Homestead Property
Tax Annual Amount:
$60,681.00
Tax Year:
2024
Association Fee:
$5,564.00
Association Fee Frequency:
Monthly
Property Tax Details:
Tax Reflects No Exemptions
Parking
Garage
Garage Spaces:
2
Covered Spaces:
2
Parking Features:
Garage, Attached, Covered, Assigned, Attached Garage
Utilities
Utilities Available:
Cable Available
Community
Association
Application Required
Application Fee:
$150.00
Application Information:
1-2 Weeks Approval, Association Approval Required
Association Type:
Condominium
Minimum Lease Term:
7 Months
Pets Allowed?:
Yes, Pet Restrictions Possible
Lease Number Times per Year Allowed:
2
Amenities Provided by the Homeowner's Association (HOA):
Business Center, Heated Pool, Pool, Spa/hot Tub, Kitchen Facilities, Community Room, Cabana, Other, Playground, Management, Maintenance, Elevator(s), Fitness Center, Picnic Area, Tennis Court(s), Jogging Path
Building Name:
851
Subdivision Name:
PARAMOUNT MIAMI WORLDCENT
Association Fee Includes:
Maintenance Grounds, Sewer, Water, Trash, Security, Maintenance Structure, Common Areas, Insurance, Hot Water, Elevator, Roof Repairs, Pool Service, Recreation Facility
Senior Community:
Yes
Development Name:
PARAMOUNT
Association Fee Required:
Required
Association Phone:
321-242-1734
Restrictions:
Other Restrictions
Minimum Days per Lease:
120
Terms
Listing Terms Considered by Seller:
Cash, Conventional, Owner Will Carry Points, Other
Buyer Possession:
Negotiable
Zoning and Legal
Tax Legal Description:
PARAMOUNT MIAMI WORLDCENTER CONDO UNIT 5011 UNDIV 0.39754603992% INT IN COMMON ELEMENTS OFF REC 31567-0071
Real Estate Folio Number (Parcel Number):
0131370395190
Public Schools Assigned
Elementary School:
Phillis Wheatley
High School:
Booker T. Washington
Middle Or Junior School:
Jose De Diego
Listing History
Active on the market since:
May 5, 2025
Listing Agreement executed on:
May 5, 2025
Listing Status Last Changed On:
May 5, 2025 6:10 pm
Photos updated on:
July 11, 2026 9:10 pm
Last Modified:
July 11, 2026 9:10 pm
Additional Information
Courtesy of:
Sea Grove Realty
Attribution:
321-877-2902
Location
Floor Number:
50
Street Name:
1st
Street Number:
851
Unit Number:
PH5011
City:
Miami
State:
Florida
Zip Code:
33132
County:
Miami-Dade
Latitude:
N25° 46' 58.4''
Longitude:
W81° 48' 29.2''
Street Suffix:
Avenue
Street Direction Prefix:
NE
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $109,505
Median Home Value $545,100
Median Rent $2,534/mo
Median Age 34
Population 18,244

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 60 Moderate
☀️ O3 30 Good
🫁 PM2.5 60 Moderate

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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.