851 NE 1st Ave Unit 3802, Miami, FL, 33132

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

851 NE 1st Ave Unit 3802, Miami$689,000

Buyer Closing Credits

$8,182^*

1.25% Loan Amount

Sell Your Home And Save More

Connect With An Agent

Still Have Questions? Contact Us.

1 (855) 200-2001

Property Highlights

Home TypeCondominium

Garage1 space

Year Built2019

HeatingElectric

CoolingElectric

WaterfrontNone

MLS #RX-11032173

StatusActive

About 851 NE 1st Ave Unit 3802

Luxurious Fully-Furnished ResidenceDiscover elevated city living in this one-bedroom plus den at the prestigious Paramount. This residence features a large balcony off the kitchen and living area, complemented by high-end appliances, including a Sub-Zero refrigerator.Paramount offers world-class amenities, including five pools, a spa, gym with boxing, tennis courts, a basketball court, virtual golf, racquetball, a recording studio, and more. Rent includes cable, internet, water, trash, and sewer.Located steps from the Metro Mover, Virgin Train Station, Bayside, Port of Miami, Kaseya Center, museums, and the Adrienne Arsht Center, this home defines luxury and convenience.

View More

Property Details

Property Features

Property Information:

• Year Built: 2019
• Stories: 58
• Living Area: 937 SqFt

Listing Office:

• Office Name: Realty Investments Group LLC
• Office Phone: (415) 710-4916
• Listing Agent: Maria Olskaia

Interior Features

Interior Information:

• Appliances: Trash Compactor, Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Refrigerator, Washer
• Flooring Type: Tile
• Interior: Elevator, Foyer, Kitchen Island, Split Bedroom

Bedroom and Bathroom Information:

• Partial Bathrooms: 1
• Full Bathrooms: 1
• Total Bedroom Count: 2

Exterior Features

Exterior Information:

• Private Pool: No
• Waterfront: None

Parking Information:

• Garage Space: 1 space

Virtual/3D Tour

• Virtual Tour: 851 NE 1st Ave Unit 3802

Virtual Tour

Utilities

Utilities Information:

• Heating: Electric
• Cooling: Electric

Other

Directions Information:

• Directions: Biscayne Blvd to 8th Sreet right to 1st Ave, then right at 1st and valet is on the right

Price Information

Listing Price Info

Price Summary:

• List Price: $689,000
• Price Per SqFt: $735/SqFt

HOA Fees:

• Amount: $1186
• Frequency: Monthly

Tax Information:

• Annual Amount: $14,263
• Tax Year: 2020

What can I afford?

Understand what home price range makes sense for your budget.

See What I Can Afford

Housing Market Comparison

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

Miami, FL

City

Med. Sold Price

$560.4K

Med. Price/SqFt

$389

Avg. Days On Market

60

# of Sold Homes

698

851 NE 1st Ave Unit 3802 vs Miami

24 DAYS ON ROCKET

-36 Days

$689,000

+$128.5K More

$735/SqFt

+$345 More

KEY TAKEAWAY

This property is $128.5K more than the Median Sold Price and $345/SqFt more than other homes in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Number: #RX-11032173

Listing Office:

• Office Name: Realty Investments Group LLC
• Office Phone: (415) 710-4916
• Listing Agent: Maria Olskaia

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 3:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

View More

Property Sales & Tax

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$14,263	$538,000

History based on county public records data.

Payment Calculator

Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.

$4,692

Per Month

Principal & Interest

$3,439

Home Price

Home PriceThe dollar amount you pay for the home.

$

Interest Rate

Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.

%

Down Payment

Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.

$Down PaymentPercent%

Loan Term

Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.

30 year25 year20 year15 year10 year

Property Taxes

$0

Annual Cost

Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.

$/ Year

Mortgage Insurance

$0

Monthly Premium

Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.

$/ Month

Homeowners Insurance

$67

Monthly Premium

Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.

$/ Month

Homeowners Association (HOA)

$1,186

Monthly Fees

Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.

$/ Month

Utilities

$0

Monthly Cost

Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.

$/ Month

*Disclosures

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,132

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Florida›Miami-Dade County›Miami›33132›851 NE 1st Ave Unit 3802

This home is located at 851 NE 1st Ave Unit 3802 in Miami, FL and zip code 33132 in the Downtown neighborhood. This 937 square foot home was built in 2019. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 28, 2024 and is currently priced at $689,000.

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. The number of homes for sale in Miami, FL increased by 8.3% between September 2024 and October 2024. Listings spent 60 days on the market in October 2024, and had a median list price of $560,436 during the same period.

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