851 NE 1st Ave # 4611, Miami FL 33132 | Miami-Dade County | A11987563
  • $5,900,000

Description

Discover Penthouse 4611, a 4,000 sq ft duplex sanctuary soaring above Downtown Miami, offering unparalleled sunrise-to-sunset panoramas over the Atlantic, Brickell and the city skyline. This 4-bedroom, 5.5-bath residence is fully turnkey, elegantly furnished with curated designer pieces from Artefacto and Modani, featuring sleek built-ins, frame TVs in every bedroom, smart Control4 automation and blackout shades for ultimate comfort and privacy.

Every detail has been crafted for indulgence: spa-like bathrooms with luxurious finishes, a home theater-inspired living space and expansive living areas perfect for entertaining or relaxing in style. Step outside to experience resort-style living with multiple pools, a skydeck observatory, children’s playground, tennis and soccer courts, a full-service spa, state-of-the-art fitness center with boxing and yoga studios, golf simulator, game and recreation rooms and even a private recording studio. Penthouse 4611 isn’t just a home, it’s a sky-high lifestyle where design, luxury and breathtaking views come together in a fully curated, move-in-ready masterpiece.

Property Overview

This is a 4-bedroom, 5-bath condominium of about 3995 square feet at 851 NE 1st Ave # 4611, Miami FL 33132 (Miami 33132), listed at $5,900,000.

Monthly Costs, Stated Plainly

The monthly HOA fee is $7,044.

The tax of record is $63,295 (2025). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $118,000/yr (≈ $9,833/mo); with the homestead exemption on a primary residence, about $117,000/yr (≈ $9,750/mo). Confirm with the Miami-Dade Property Appraiser and a tax professional — these are estimates, not quotes.

Frequently Asked Questions

What is the list price, and what typically conveys with a home like this?

The list price for 851 NE 1st Ave # 4611 is $5,900,000. Built-in appliances and fixtures generally convey with the property, but the MLS record does not state if the home is furnished; you must confirm exactly which items are included.

Shared community amenities include the pool, sauna, basketball court, elevators, and child play area, which remain separate from the home's conveyed assets. Contact Christopher Lazaro, Miami Real Estate Broker, to verify these details.

Where exactly is it, and what should I know about the location?

This property is located at 851 NE 1st Ave # 4611, Miami FL 33132, situated within the city's coastal corridor. The unit features 4 bedrooms and 5 bathrooms across approximately 3,995 sqft and is listed at $5,900,000.

Contact Christopher Lazaro, Miami Real Estate Broker, to verify these location details.

What are the HOA / association fees, and what do they cover?

The monthly HOA fee is $7,044. According to the records, this covers all amenities, other maintenance includes, sewer, and trash removal.

The community is subject to city ordinances found at https://library.municode.com/fl/miami/codes/code_of_ordinances. Contact Christopher Lazaro, Miami Real Estate Broker, to verify these details.

What are the property taxes and homestead implications?

The tax of record is $63,295 (2025). Because Florida reassesses at sale, these figures are an ESTIMATE ONLY: without homestead, about $118,000/yr (≈ $9,833/mo), and with the homestead exemption on a primary residence, about $117,000/yr (≈ $9,750/mo). Florida's homestead exemption lowers taxable value only for a primary residence.

Confirm these estimates, not quotes, with the Miami-Dade Property Appraiser and a tax professional. Contact Christopher Lazaro, Miami Real Estate Broker, to verify.

Is the home in a flood zone, and what does that mean?

Flood zones categorize areas by their risk of flooding, as defined in the FEMA definitions. Lenders often require flood insurance for properties located in high-risk zones. View the FEMA flood map for this address to see the specific designation for 851 NE 1st Ave # 4611.

Contact Christopher Lazaro, Miami Real Estate Broker, to verify these details.

Are pets allowed?

Pets are allowed, with restrictions (or possible restrictions). We will pull the association's exact current pet rules for this unit on request. If a documented service animal or ESA is involved, separate federal accommodation rules can apply.

Contact Christopher Lazaro, Miami Real Estate Broker, to verify these details.

How is the price set and is there room to negotiate?

The list price of $5,900,000 reflects current market positioning. Miami-Dade condos have recently been closing at 94% of list, about 64 days on market (MIAMI REALTORS®, May 2026).

Specific values for 851 NE 1st Ave # 4611 come from a CMA. I will provide a Miami-specific CMA for you before you set an offer. Contact Christopher Lazaro, Miami Real Estate Broker, to verify these details.

What financing step do you recommend before touring?

Secure a pre-approval before touring 851 NE 1st Ave # 4611 to ensure your financial position aligns with the $5,900,000 asking price. You should connect with a Florida-licensed mortgage originator to formalize your budget.

Contact Christopher Lazaro, Miami Real Estate Broker, to verify these requirements.

Monthly Fees & Carrying Costs

Association Fee $7,044 / month
Total Monthly Fees $7,044 / month
  • Membership Required: No
  • Application Fee: $150 (one-time)

Have a question about this Miami listing?

Talk directly with Christopher Lazaro, your Miami real estate advisor. No pressure — real answers.

  • Address: 1st Ave
  • City: Miami
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33132
  • Area: PARAMOUNT MIAMI WORLDCENT

Details

Updated on July 23, 2026 at 12:34 pm
  • Property ID A11987563
  • Price $5,900,000
  • Property Size 3995 Sq Ft
  • Bedrooms 4
  • Room 0
  • Bathrooms 5
  • Garages 3
  • Year Built 2019
  • Type Condominium
  • Property Status Active, Residential

Additional details

  • Flooring Other
  • Bedroom Features Primary Bath Shower, Primary Bath Tub, Primary Bedroom Upstairs
  • Cooling Electric, Other
  • Association Type Condo
  • Building PARAMOUNT MIAMI WORLDCENT
  • Association Fee Frequency Monthly
  • Area Paramount Miami Worldcent
  • Annual Tax 63295
  • Association Yes
  • Private Pool No
  • Listing Terms All Cash, Conventional
  • Waterfront No
  • Full Bathrooms 5
  • Subdivision PARAMOUNT MIAMI WORLDCENT
  • Total Stories 58
  • Restrictions Ok To Lease
  • Maintenance Includes All Amenities, Other Maintenance Includes, Sewer, Trash Removal
  • Amenities Basketball Court, Child Play Area, Elevator(s), Other, Pool, Sauna
  • Parking 2 Or More Spaces
  • Heating Electric, Other
  • Structure Type Condo 5+ Stories, Condo
  • Tax Year 2025
  • Construction Concrete Block Construction
  • Building Area 3995
  • Covered Spaces 3
  • Unit Floor 46
  • View Bay, Skyline, Water View
  • Year Built Details Resale
  • Pets Allowed Yes
  • Attached Yes
  • Unit Number PH 4611
  • Inclusions None
  • Flood Zone X
  • New Construction No
  • Garage Spaces 3
  • Style Condo 5+ Stories
  • Association Fee 7044
  • Lot Size (Sq Ft) 0
  • Membership Purchase Required No

Mortgage Calculator

Schedule a Tour

Tour Type

Contact Information

View Listings
Christopher Lazaro

Enquire About This Property

0 Review

Sort by:
Leave a Review

Leave a Review

Compare listings

Compare