851 NE 1st Ave, Miami FL 33132 | Miami-Dade County | A11890830
  • $3,845,000

Description

SELLER OFFERING ONE FULL YEAR OF HOA DUES PAID — A RARE OPPORTUNITY TO OWN WITH NO HOA COSTS FOR THE FIRST YEAR. NOW PRICED TO SELL.Paramount Miami, home to Miami’s largest amenity collection, presents its only combined residence: a one of a kind 4 bed 5 bath + den corner home over 4,500 SF. Near new and custom throughout, wrapped in glass with 3 balconies for skyline and bay views. Expansive great room, two separate family rooms and formal dining for large gatherings. The towers largest custom kitchen with premium appliances, double ovens, wine storage and oversized island. Grand primary suite with living area, dual walk-in closets, and luxurious bath. 10-foot ceilings, laundry room, 2 private elevator foyers. Furnishings by French design house Roche Bobois. Two side by side assigned spaces near the elevator plus valet; option to buy a third. Adjacent 2 bed 3 bath for sale next door (#4403) for guest quarters/office.

Property Overview

This is a 4-bedroom, 5-bath condominium of about 4552 square feet at 851 NE 1st Ave, Miami FL 33132 (Miami 33132), listed at $3,845,000.

Monthly Costs, Stated Plainly

The monthly HOA fee is $8,027.

The tax of record is $72,145 (2024). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $76,900/yr (≈ $6,408/mo); with the homestead exemption on a primary residence, about $75,900/yr (≈ $6,325/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, Miami FL 33132 is $3,845,000. This property is listed as Furnished, meaning it comes with the furniture already in place. Generally, fixtures and built-in appliances convey with the home, but it's essential to verify the specifics. The community offers various on-site amenities, including a Basketball Court, Billiard Room, Business Center, Child Play Area, Exercise Room, Handball/Basketball, Pool, Sauna, Spa/Hot Tub, Tennis Court(s), and Vehicle Wash Area - these are shared amenities, not included with the purchase of the home.

To confirm what conveys with the home and to schedule a viewing, contact Christopher Lazaro, Miami Real Estate Broker, to discuss the details of this 4bd/5ba ~4552 sqft property and ensure a smooth transaction. Reach out to him to verify the specifics of this listing and get personalized guidance throughout the buying process.

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

The property at 851 NE 1st Ave is located in Miami, FL 33132, situated along the coastal corridor of Miami. This location provides a specific geographic context for the property. The property itself is listed at $3,845,000, featuring 4 bedrooms and 5 bathrooms within approximately 4552 square feet.

To verify details about this property and its location, or to inquire about other aspects of the listing, contact Christopher Lazaro, Miami Real Estate Broker, to discuss your interests and gather more information about 851 NE 1st Ave, Miami, FL 33132.

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

The monthly HOA fee for the property at 851 NE 1st Ave, Miami FL 33132 is $8,027. According to the record, this fee covers Cable Tv, Internet/WiFi, Trash Removal, and Water. As the community is subject to city ordinances, buyers should review the municipal code for more information, which can be found at https://library.municode.com/fl/miami/codes/code_of_ordinances. Buyers should carefully review the terms of the HOA fee and what it covers to understand their obligations.

To verify the details of the HOA fee and other aspects of the property, which is listed at $3,845,000 with 4 bedrooms and 5 bathrooms in approximately 4552 square feet, buyers should contact Christopher Lazaro, Miami Real Estate Broker, to discuss their specific needs and concerns, and to schedule a viewing of the property to determine if it meets their requirements.

What are the property taxes and homestead implications?

The property taxes for 851 NE 1st Ave, Miami FL 33132, listed at $3,845,000, can be estimated in two ways. The tax of record is $72,145 (2024), but as an ESTIMATE ONLY, considering Florida reassesses at sale and a Miami-Dade rate near 2.0%, the annual property tax would be about $76,900/yr (≈ $6,408/mo) without homestead, and about $75,900/yr (≈ $6,325/mo) with the homestead exemption, which lowers taxable value only for a primary residence. These are estimates, not quotes, and confirmation should be sought from the Miami-Dade Property Appraiser and a tax professional.

To verify these ESTIMATES and understand how they apply to your specific situation, it's essential to consult with a tax professional and the Miami-Dade Property Appraiser. For personalized guidance on this property and its implications, reach out to Christopher Lazaro, Miami Real Estate Broker, to discuss your options and ensure you have the most accurate information before making a decision.

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

The property at 851 NE 1st Ave, Miami FL 33132, listed at $3,845,000, is located in an area that may be subject to flood risks. Flood zones are areas designated by the Federal Emergency Management Agency (FEMA) as being at risk for flooding, and they are defined in detail on the FEMA website. To determine the specific flood zone designation for this property, you can View the FEMA flood map for this address. Lenders often require flood insurance for properties located in high-risk flood zones, which can impact the cost of owning the property.

To verify the flood zone designation and understand its implications for ownership, including any requirements for flood insurance, contact Christopher Lazaro, Miami Real Estate Broker, to discuss the details of this property and how they may affect your purchase decision.

Are pets allowed?

According to the MLS record, dogs are allowed at 851 NE 1st Ave, Miami FL 33132. This property, listed at $3,845,000, features 4 bedrooms and 5 bathrooms within its ~4552 sqft space. If a documented service animal or ESA is involved, separate federal accommodation rules can apply. For buyers who wish to confirm the pet policy or obtain the association's exact current pet rules for this unit, please reach out to Christopher Lazaro, Miami Real Estate Broker, to verify the details and ensure a smooth transaction.

Buyers can contact Christopher Lazaro to review the property's details, including its pet policy, and discuss how it fits their needs, by scheduling a consultation to explore this $3,845,000 property further.

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

Miami-Dade condos have recently been closing at 94% of list, about 64 days on market, according to MIAMI REALTORS®, May 2026. This market statistic provides a general indication of the negotiability of prices in the area. However, the specific price negotiability of 851 NE 1st Ave, a 4-bedroom, 5-bathroom property listed at $3,845,000, can be better understood through a comparative market analysis (CMA) that takes into account the unique characteristics of the building and its vicinity. A CMA for this property in Miami would consider factors such as its ~4552 sqft size and the local real estate market conditions to determine a more accurate estimate of its value.

To get a more precise understanding of the property's value and to explore potential room for negotiation, it is recommended to consult with a local real estate expert. Reach out to Christopher Lazaro, Miami Real Estate Broker, to discuss the details of this property and to verify the current market conditions before setting an offer. He can provide a tailored CMA and guidance on how to navigate the negotiation process for 851 NE 1st Ave, Miami, FL 33132.

What financing step do you recommend before touring?

Before touring 851 NE 1st Ave, Miami FL 33132, a property listed at $3,845,000 with 4 bedrooms and 5 bathrooms in approximately 4552 square feet, it is recommended that you get pre-approved for a mortgage. This step can help you understand your budget and make a more informed decision when viewing properties. To get pre-approved, seek the advice of a Florida Licensed Mortgage Loan Officer, which can be found at https://Get-PreApproved.com. Getting pre-approved will provide you with a clear understanding of your financial options.

To verify the details of this property and discuss your options, contact Christopher Lazaro, Miami Real Estate Broker, to schedule a tour or request more information about 851 NE 1st Ave, and he will be happy to assist you in your home search. You can reach out to him to confirm the property's status, schedule a viewing, or ask any questions you may have about the property or the buying process.

Monthly Fees & Carrying Costs

Association Fee $8,027 / month
Total Monthly Fees $8,027 / month
  • Membership Required: No
  • Application Fee: $100 (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 August 21, 2026 at 2:42 am
  • Property ID A11890830
  • Price $3,845,000
  • Property Size 4552 Sq Ft
  • Bedrooms 4
  • Room 0
  • Bathrooms 5
  • Garages 2
  • Year Built 2019
  • Type Condominium
  • Property Status Active, Residential

Additional details

  • Flooring Tile
  • Bedroom Features At Least 1 Bedroom Ground Level
  • Cooling Central Air
  • Association Type Condo
  • Building Paramount Miami
  • Association Fee Frequency Monthly
  • Area Paramount Miami Worldcent
  • Annual Tax 72145
  • 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 Cable Tv, Internet/WiFi, Trash Removal, Water
  • Parking 2 Or More Spaces, Additional Spaces Available, Covered, Valet
  • Heating Central
  • Structure Type Condo 5+ Stories, Condo
  • Tax Year 2024
  • Construction Other
  • Building Area 4552
  • Covered Spaces 2
  • Unit Floor 44
  • View Bay, Skyline, Water View
  • Year Built Details Resale
  • Pets Allowed Yes
  • Attached Yes
  • Unit Number 4401/4402
  • Half Bathrooms 0
  • Flood Zone X
  • New Construction No
  • Garage Spaces 2
  • Style Condo 5+ Stories
  • Association Fee 8027
  • 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