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About this home

Spacious high-floor residence at Paramount Miami Worldcenter offering approximately 2,204 sq ft of interior living space with 10-foot ceilings, floor-to-ceiling windows, and expansive terraces with city views. Located on the 48th floor, just below the penthouse level, the unit offers exceptional light and panoramic views. Modern European-style kitchen with quartz island, sleek cabinetry, stone backsplash, and premium Bosch appliances. This unique unit is configured as two separate sections with independent entrances: a studio and a 2-bedroom plus den residence, offering flexibility for extended family, guests, or a home office setup. Paramount Miami Worldcenter is one of Downtown Miami’s most sought-after luxury buildings featuring over 40 world-class amenities including resort-style pools, private cabanas, tennis courts, boxing studio, golf simulator, full-size soccer field, and spectacular Skydeck with panoramic views. Enjoy world-class amenities: 5 pools, 24/7 fitness center, spa, private tennis courts, theater room, kids’ play area Prime Downtown location within walking distance to Perez Art Museum, Frost Museum of Science, Kaseya Center, and Miami Worldcenter shopping and dining.

Facts & features

Interior

  • Closet Cabinetry
  • Split Bedroom
  • Walk-In Closet(s)

Exterior

  • Other

Appliances

  • Dishwasher
  • Dryer
  • Electric Range
  • Refrigerator
  • Washer

Cooling & heating

  • Central Air
  • Central

Flooring

  • Ceramic Floor
  • Tile

Parking

  • Additional Spaces Available
  • No Trucks/Trailers

View

  • Bay
  • Canal
  • Intracoastal View
  • Ocean View

Community amenities

  • Barbecue
  • Child Play Area
  • Clubhouse-Clubroom
  • Elevator(s)
  • Exercise Room
  • Pickleball
  • Pool

Security

  • Smoke Detector
  • Elevator Secure
  • Card Entry
  • Secured Garage/Parking
  • Lobby Secured

Maintenance includes

  • Common Area
  • Parking
  • Pool Service
  • Security
  • Sewer
  • Trash Removal
  • Water

Pets

  • Maximum 20 Lbs

Construction & roof

  • Concrete Block Construction

Location

851 NE 1st Ave, Miami

Mortgage Estimator

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Home priceUSD
Enter as digits, with commas, or shorthand: 1.9M · 1900K · 1,895,000
ZIP codeMiami-Dade
Miami-Dade County (exact match).
Payment typeFinanced
Conventional or jumbo loan, depending on size.
Down payment20% · $279,000
%
$1,116,000 financed· Jumbo loan
Loan termyears
Base rate% (760+ band)
Loading current market rate...
Your rate at 740-759:6.995%(base + 0.12%)
Loan exceeds the conforming limit. Jumbo rates from portfolio lenders typically run 0.25–0.75% below the 30-yr fixed shown here.
Primary residenceNo
No homestead exemption — full property tax applies.
Credit score banddrives rate
Lenders price LLPA adjustments by credit band. See impact panel for monthly + lifetime deltas.
Your finances optional, for DTI
Gross annual income
$
Other monthly debts
$
Household combined pre-tax income and the sum of your monthly debt-service payments (auto loans, student loans, credit-card minimums). We don't count groceries, utilities, or insurance — those don't factor into lender DTI.
Estimated monthly
$15,019
Per month, all-in
49%P&I SHARE
Monthly breakdown
  • Principal & interest$7,42149%
  • Property taxes$2,44916%
  • Insurance$1,2508%
  • HOA$3,89926%

Tax: From listing — annual tax of record.

Insurance: Direct coastal exposure — Florida hurricane corridor. Estimate; actual quote can be 30–50% higher on older homes or homes without wind mitigation.

Cash & qualification
Cash at closing
$335,221
Income to qualify
$644,000/yr
Credit-score impact

Improving from 740-759 to 760+ would save $90/mo and $32,293 over the life of this loan.

Over the life of the loan
Total paid
$2,671,570
Total interest
$1,555,570
Paid off
2056
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