851 NE 1st Ave, Unit 503

$505,000
Price
Studio
Beds
Baths
704 Sq. Ft.
$717 / Sq. Ft.
704
Sq. Ft.
$717
per Sq. Ft.

Description

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,...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

Property Details for 851 Northeast 1st Avenue, Unit 503

Subdivision
PARAMOUNT MIAMI WORLDCENT
Complex Name
PARAMOUNT MIAMI WORLDCENT
Style
Condo 5+ Stories
Waterfront
No
View
Other View
Unit View
Other View
Area
31
Sq Ft Total
704
LISTING UPDATED: 12/05/2025 05:00 PM

Property Details for 851 Northeast 1st Avenue, Unit 503

StatusActive
MLS #A11824854
Days on Market183
Taxes$10,371 / year
HOA Fees$1,241 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCondo/Co-Op/Villa/Townhouse / Condo
Year Built2019
CountyMiami-Dade County

Location

Listing Courtesy of Clients 1st Realty, Inc
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Building Information for 851 Northeast 1st Avenue, Unit 503

Building/ComplexParamount Miami WorldcenterFloor5Stories58Residences569Pet PolicyAllowedPet Policy Details-Year Built2019

Payment Calculator

$4,601 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,495

Property Taxes

$864

HOA Dues

$1,241

The Payment Calculator is for illustrative purposes only.

Property Information for 851 Northeast 1st Avenue, Unit 503

Location Information
Location Information
  • Parcel Number Free Text: 01-31-37-039-0230
  • Parcel Number MLX: 0230
  • MLS Area: 31
  • Municipal Code: 39
  • Township Range: 31
  • Section: 37
  • Subdivision Number: 39
  • Subdivision Complex Bldg: PARAMOUNT MIAMI WORLDCENT
  • Unit Floor Location: 5
  • Total Floors In Building: 52
General Information
Parking
  • Num Garage Spaces: 0
  • Num Carport Spaces: 0
  • Carport Spaces: 0
  • Parking Description: Valet Parking
General Information
  • Housing Older Persons Act: No HOPA
  • Property Detached: No
  • Minimum Num of Days for Lease: 30
  • Num Times Leased Year: 12
  • Type of Governing Bodies: Condominium
  • Unit Design: High Rise
  • Construction: Metal Construction
  • Construction Type: Metal Construction
  • Flooring: Porcelain Flooring
  • Floor Description: Porcelain Flooring
  • Security Information: Doorman, Elevator Secure, Fire Alarm, Lobby Secured
Room Information
Room Information
  • Rooms Description: Den/Library/Office
  • Bedroom Description: Studio
  • Master Bathroom Description: Separate Tub & Shower
  • Master Bath Features: Separate Tub & Shower
  • Dining Description: Breakfast Area
Additional Property Information
Utilities
  • Heating Description: Central Heat, Electric Heat
  • Cooling Description: Central Cooling, Electric Cooling
Additional Property Information
  • Pets Allowed: Yes
  • Pets Allowed: Yes
  • Pet Restrictions: Restrictions Or Possible Restrictions
  • Guest Accommodations: No
  • Room Count: 0
  • Interior Features: Accessible, Elevator, Walk-In Closets
  • Equipment Appliances: Trash Compactor, Dishwasher, Dryer, Elevator, Icemaker, Microwave, Electric Range, Refrigerator, Smoke Detector, Washer
  • Windows Treatment: Blinds/Shades
  • Exterior Features: Barbeque, Deck, High Impact Doors, Patio, Tennis Court
  • Maintenance Includes: All Amenities, Building Exterior, Common Area, Elevator, Hot Water, Internet/WiFi, Manager, Outside Maintenance, Parking, Pest Control Interior, Pool Service, Security, Sewer, Trash Removal, Water
  • Amenities: Basketball Courts, Bbq/Picnic Area, Bike Storage, Billiard Room, Business Center, Clubhouse-Clubroom, Exercise Room, Heated Pool, Kitchen Facilities, Pool, Sauna, Spa/Hot Tub, Tennis, Trash Chute
  • Storm Protection: Clear Impact Glass
  • Green Energy Efficient: Appliances, Construction, Doors, HVAC, Insulation
Financial Information
Financial Information
  • Type of Association: Condo
  • Assoc Fee Paid Per: Monthly
  • Flood Zone: X
  • Tax Year: 2024
  • Tax Information: Tax Reflects No Exemptions
  • Special Information: As Is
Rental Information
Rent Information
  • Approval Information: 1-2 Weeks Approval
Rent Status
  • Other Fees: $150

Property History for 851 Northeast 1st Avenue, Unit 503

DateEvent & SourcePriceAppreciation
Dec 5, 2025

Price Change

MiamiRE #A11824854

$505,000
Sep 24, 2025

Price Change

MiamiRE #A11824854

$508,000
Jul 28, 2025

Price Change

MiamiRE #A11824854

$509,000
Jun 18, 2025

Listed (Active)

MiamiRE #A11824854

$512,000
Aug 29, 2019

Sold (Public Record)

Public Record #1338521407

$404,000
DateEvent & SourcePrice
12/05/2025

Price Change

MiamiRE #A11824854

$505,000
09/24/2025

Price Change

MiamiRE #A11824854

$508,000
07/28/2025

Price Change

MiamiRE #A11824854

$509,000
06/18/2025

Listed (Active)

MiamiRE #A11824854

$512,000
08/29/2019

Sold (Public Record)

Public Record #1338521407

$404,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 851 Northeast 1st Avenue, Unit 503

Taxable ValueLand-Additions-Total-
Tax Record2024$10,371 ($864 / month)
Home Facts
Beds0Total Finished SqFt704 SqFtAbove Grade Finished SqFt704 SqFtStyleCondominiumYear Built2019Zoning6412CountyMIAMI-DADEAPN01-3137-039-0230

Schools near 851 Northeast 1st Avenue, Unit 503

This home is within Miami-Dade County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Frederick R. Douglass Elementary School
PublicPK to 5

Jose De Diego Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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851 Northeast 1st Avenue, Unit 503 is a condo for sale in Miami, FL 33132. This property was listed for sale on June 18, 2025 by Clients 1st Realty, Inc, it's currently listed at $505,000. It has been on the market for a total of 183 days and was last sold on August 29, 2019. This listing's school district is Miami-Dade County Public Schools. Nearby schools include Frederick R. Douglass Elementary School, Air Base K-8 Center for International Education and Jose De Diego Middle School. 851 Northeast 1st Avenue, Unit 503 is a 0-bed, 0-bath, 704 sqft condo built in 2019.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Clients 1st Realty, Inc

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.