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851 NE 1st Ave 503Miami, FL 33132

For Sale

$505,000

Smart Buyer Rebate $2,625

Own in the most amenity-rich building in the world. This upgraded condo features marble finishes in the kitchen and bathroom, and comes fully furnished—perfect to live in or rent out. Currently generating $4,000–$5,000/month on Airbnb. Paramount allows only studios to be rented monthly. Amenities include 5 pools, basketball, tennis, soccer, raquetball, owner lounge, mini store, fully equipped gym, spa, massage chairs, entertainment room, and much more. Just steps you have the restaurants and stores, including Apple Store, Bowling, bars, Bayside market place, Kaseya Center Bayfront park, Brightline, metro mover, Cruise docks and much more. LOCATION, LOCATION, LOCATION

Listed by Hiliany Munguia

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License #3264711

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Clients 1st Realty, Inc

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954-865-9534

Last updated December 05, 2025

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Source: MIAMIRE #A11824854

Listing Facts

  • TypeCondo
  • NeighborhoodPark West
  • Days on Prevu175
  • HOA/Maint. Fees$1,241/month
  • Taxes$10,371/year
  • Size704 sqft
  • Price per sqft$717

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Washer/Dryer
  • Pets Allowed
  • Air Conditioning
  • Bike Storage
  • Elevator
  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

12/05/2025
Price Decreased
$505,000
09/24/2025
Price Decreased
$508,000
07/29/2025
Price Decreased
$509,000
06/18/2025
Listed by Clients 1st Realty, Inc
$512,000

Property Details for 851 NE 1st Ave 503

Association

Amenities

  • Association Amenities: Basketball Court, Barbecue, Bike Storage, Billiard Room, Business Center, Clubhouse-Clubroom, Exercise Room, Heated Pool, Kitchen Facilities, Pool, Sauna, Spa/Hot Tub, Tennis Court(s), Trash Chute
  • Pets Allowed: Restrictions Or Possible Restrictions

Fees

  • Association Fee: $1,241.00 Monthly
  • Association Fee Includes: All Amenities, Building Exterior, Common Area, Elevator, Hot Water, Internet/Wi Fi, Manager, Outside Maintenance, Parking, Pest Control Interior, Pool Service, Security, Sewer, Trash Removal, Water

Exterior

Construction

  • Property Attached: Yes
  • Stories Total: 52
  • Structure Type: Condo 5+ Stories, Condo
  • Window Features: Clear Impact Glass, Blinds
  • Year Built: 2019
  • Year Built Details: Effective Year Built
  • Architectural Style: High Rise
  • Building Name: PARAMOUNT MIAMI WORLDCENT
  • Construction Materials: Metal Construction
  • Entry Level: 5
  • Exterior Features: Barbeque, Tennis Court(s)

Features

  • Patio And Porch Features: Deck, Patio
  • View: Other View

Measurements

  • Building Area Total: 704
  • Building Area Units: Square Feet
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 01-31-37-039-0230
  • Tax Annual Amount: $10,371.00
  • Tax Year: 2024

Interior

Features

  • Appliances: Trash Compactor, Dishwasher, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Features: Elevator, Walk-In Closet(s), Den/Library/Office

Measurements

  • Living Area: 704
  • Living Area Units: Square Feet

Other

Environmental

  • Green Energy Efficient: Appliances, Construction, Doors, HVAC, Insulation

Features

  • Accessibility Features: Accessible

Location

  • Subdivision Name: PARAMOUNT MIAMI WORLDCENT

Parking

Parking

  • Parking Features: Valet

Utilities

Equipment

  • Cooling: Central Air, Electric
  • Has Cooling: Yes
  • Heating: Central, Electric
  • Has Heating: Yes
  • Other Equipment: Elevator

Frequently Asked Questions

How many bedrooms does this condo have?

There is bedrooms in this condo at 851 NE 1st Ave 503.

Are pets allowed at 851 NE 1st Ave?

Yes, 851 NE 1st Ave allows pets. Check the Property Details for any relevant restrictions.

What are the annual taxes for 851 NE 1st Ave 503?

Annual taxes for this condo are estimated at $10,371.

How does 851 NE 1st Ave 503 compare to other condos in Park West?

This condo is listed 65% below the average price for condos in Park West and has been on the market for 16 more days than the typical home in this area.

What building or home owners association is the condo part of?

This condo is in the PARAMOUNT MIAMI WORLDCENT building.

What is the square footage on this condo?

According to the MLS, this listing is 704 sqft.

851 NE 1st Ave 503 is a -bedroom condo for sale in Miami FL 33132. Available on Prevu for 175 days at $505,000. This includes a recent price decrease of $3,000. This home features 704 square feet of living space, located in Park West. The median listing price for condos in this area is $835,000. Additional amenities include private outdoor space, dishwasher, pets allowed, elevator, air conditioning, bike storage, parking, swimming pool, and washer/dryer. Browse more condo listings in Miami.

Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.