2 months on rocket

851 NE 1st Ave Unit 1608, Miami, FL, 33132

$1,080,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
3 Full Baths
1,498 SqFt
$721/SqFt
Condo

Location

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851 NE 1st Ave Unit 1608, Miami$1,080,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingValet
Garage1 space
Year Built2019
HeatingCentral
CoolingCentral Air
ViewBay
MLS #A11653538
StatusActive

About 851 NE 1st Ave Unit 1608

Sleek 2-bed + den 3-bath condo in Paramount Miami World Center. This residence boasts Modern-style finishes, high-end appliances, soaring ceilings, and an expansive balcony. Indulge in a world of luxury amenities. This building offers a basketball half-court, racquetball court, serene relaxation areas, a rejuvenating spa and salon, and a fully equipped indoor sports center. Prime location and investment potential. Enjoy easy access the vibrant city center. This condo can be rented up to four times a year, making it an good investment opportunity. Very near to the stadium and Phillip & Patricia Frost Museum of Science. Currently leased until August, 2025.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 2019
  • Living Area: 1,498 SqFt

Listing Office:

  • Office Name: Avanti Way Realty LLC
  • Office Phone: (305) 229-1146
  • Listing Agent: Rodrigo Barbonetti

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Flooring Type: Tile
  • Interior: Other, Walk-In Closet(s), Bar

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Bay
  • Exterior: Other

Parking Information:

  • Garage Space: 1 space
  • Parking: Valet

Virtual/3D Tour

  • Virtual Tour: 851 NE 1st Ave Unit 1608
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Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From I-95 exit I-395 East/Miami Beach. Exit 2B, follow signs for US-1/Biscayne Blvd. Turn right onto NE 2nd Ave.Turn right onto NE 8th St. Turn right onto NE 1st Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,080,000
  • Price Per SqFt: $721/SqFt

HOA Fees:

  • Amount: $2163
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $17,187
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Miami, FL.

Med. Sold Price

$560.4K

Med. Price/SqFt

$389

Avg. Days On Market

60

# of Sold Homes

698

851 NE 1st Ave Unit 1608 vs Miami

79 DAYS ON ROCKET

+19 Days

$1,080,000

+$519.5K More

$721/SqFt

+$331 More

KEY TAKEAWAY

This property is $519.5K more than the Median Sold Price and $331/SqFt more than other homes in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11653538

Listing Office:

  • Office Name: Avanti Way Realty LLC
  • Office Phone: (305) 229-1146
  • Listing Agent: Rodrigo Barbonetti

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 12:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$17,187$764,000

History based on county public records data.

Payment Calculator

$7,621

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,304

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-880133
3
/10
  • Frederick R. Douglass Elementary School

  • 314 NW 12th St

  • 0.53 miles

  • Public District Grades PK-5

school-card-donut-880134
7
/10
  • Downtown Miami Charter School

  • 305 NW 3rd Ave

  • 0.60 miles

  • Public Charter Grades KG-6

school-card-donut-880135
4
/10
  • Phyllis Wheatley Elementary School

  • 1801 NW 1st Pl

  • 0.83 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $144,758. Typical income of Miami, FL residents is between $100k-200k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 851 NE 1st Ave Unit 1608

What is the listing price of this property?

The listing price of 851 NE 1st Ave Unit 1608 property is $1,080,000.

What type of property is this?

The property 851 NE 1st Ave Unit 1608 is a condo located in Miami, Florida, 33132.

Is this property for sale now?

Active Listing: 851 NE 1st Ave Unit 1608 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $17,187 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 851 NE 1st Ave Unit 1608 has 2 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 851 NE 1st Ave Unit 1608 is 1,498 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 851 NE 1st Ave Unit 1608 is 2019.

Rocket Homes›Florida›Miami-Dade County›Miami›33132›851 NE 1st Ave Unit 1608

This home is located at 851 NE 1st Ave Unit 1608 in Miami, FL and zip code 33132 in the Downtown neighborhood. This 1,498 square foot home was built in 2019. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 05, 2024 and is currently priced at $1,080,000.

Miami, FL housing market in October 2024 saw over 62 listings sold above listed price, more than 129 sold at listed price and over 507 sold below. The number of listings in Miami, FL increased by 8.3% between September 2024 and October 2024. The median list price of listings available in October 2024 was $560,436, while the average time on the real estate market was 60 days.

From Rocket Homes Real Estate and based on county public records data.

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