9 months on rocket

851 NE 1st Ave Unit 3705, Miami, FL, 33132

$1,020,000

Home List Price

$10,000*

Closing Credit

1 Bedroom
2 Full Baths
1,254 SqFt
$813/SqFt
Condo

Location

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851 NE 1st Ave Unit 3705, Miami$1,020,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Covered, Detached, Garage, One Space, Valet
Garage1 space
Year Built2019
HeatingCentral, Electric
CoolingCentral Air
WaterfrontBay Front
ViewBay, Ocean, Pool
MLS #A11534317
StatusActive

About 851 NE 1st Ave Unit 3705

PARAMOUNT Miami Worldcenter is an ultra-luxury 58-story condominium in the heart of Downtown Miami. Enjoy this beautiful 1 bedroom plus a very spacious den with closet, 2 full bathrooms and laundry room. High-end finishes throughout. Paramount offers five-star amenities including a business center, resort-style pools, spa, outdoor lounge, summer outdoor kitchen, game room, fitness, boxing studio, basket & racquetball courts, soccer field, dog park, yoga area, observatory, jam room, recording studio and more.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 2019
  • Living Area: 1,254 SqFt

Listing Office:

  • Office Name: Yaffe International Realty
  • Office Phone: (305) 741-0002
  • Listing Agent: Milagro Paez

Interior Features

Interior Information:

  • Appliances: Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Other, Refrigerator
  • Flooring Type: Ceramic Tile
  • Interior: Built-in Features, Bedroom on Main Level, Closet Cabinetry, Kitchen Island, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Bay Front
  • View: Bay, Ocean, Pool
  • Exterior: Barbecue, Security/High Impact Doors, Tennis Court(s)

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Assigned, Covered, Detached, Garage, One Space, Valet

Virtual/3D Tour

  • Virtual Tour: 851 NE 1st Ave Unit 3705
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Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,020,000
  • Price Per SqFt: $813/SqFt

HOA Fees:

  • Amount: $1800
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $16,037
  • 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 3705 vs Miami

277 DAYS ON ROCKET

+217 Days

$1,020,000

+$459.5K More

$813/SqFt

+$423 More

KEY TAKEAWAY

This property is $459.5K more than the Median Sold Price and $423/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: #A11534317

Listing Office:

  • Office Name: Yaffe International Realty
  • Office Phone: (305) 741-0002
  • Listing Agent: Milagro Paez

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: 11/22/2024, 3:20:48 AM 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$16,037$704,000

History based on county public records data.

Payment Calculator

$6,958

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,125

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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-508358
3
/10
  • Frederick R. Douglass Elementary School

  • 314 NW 12th St

  • 0.53 miles

  • Public District Grades PK-5

school-card-donut-508359
7
/10
  • Downtown Miami Charter School

  • 305 NW 3rd Ave

  • 0.60 miles

  • Public Charter Grades KG-6

school-card-donut-508360
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. The majority of Miami, FL residents have income between $100k-200k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 851 NE 1st Ave Unit 3705

What is the listing price of this property?

The listing price of 851 NE 1st Ave Unit 3705 property is $1,020,000.

What type of property is this?

The property 851 NE 1st Ave Unit 3705 is a condo located in Miami, Florida, 33132.

Is this property for sale now?

Active Listing: 851 NE 1st Ave Unit 3705 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 $16,037 (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 3705 has 1 bedroom and 2 bathrooms.

What is the square footage of this property?

The property 851 NE 1st Ave Unit 3705 is 1,254 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 851 NE 1st Ave Unit 3705 is 2019.

Rocket HomesFloridaMiami-Dade CountyMiami33132851 NE 1st Ave Unit 3705

This home is located at 851 NE 1st Ave Unit 3705 in Miami, FL and zip code 33132 in the Downtown neighborhood. This 1,254 square foot home was built in 2019. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since February 18, 2024 and is currently priced at $1,020,000.

Over 62 listings were sold over their listed price in October 2024 in Miami, FL. In the same period over 507 listings were sold below the listed price and 129 listings were sold for the listed price. Between September 2024 and October 2024, Miami, FL real estate market has seen increase in the number of listings by 8.3%. In October 2024, listings were on the market for 60 days. During the same period, the median list price in this real estate market was $560,436.

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

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