Stacking up against the competition, the recently completed PARAMOUNT Miami World Center, is soaring to new heights with its exclusive Penthouse Collection Series. Penthouse 5202 is in a league of its own with astonishing views, private rooftop, 10 ft. ceilings, and designer furniture to name a few of its features. This 4 bedroom plus den with 5 bathrooms has been appointed with some of the most luxurious finishes. Paramount features unparalleled views and every imaginable luxury within also known as the most amenitized building in the country, with access to 46 different amenities such as 5 pools, spa, outdoor lounge, summer kitchen, game room, state of the art fitness center, boxing studio, basketball court, racquetball, yoga, observatory, jam room and recording studio and much more!
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$23K
Per Month
Principal & Interest
$18.2K
Home PriceThe dollar amount you pay for the home.
$
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 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.
$%
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.
Property Taxes
$0
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
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
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)
$4,756
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
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
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$11K
Powered By
Advertisement
NMLS#3030
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.
Elementary School
3
/10
Phyllis Wheatley Elementary School
1801 NW 1st Pl
Distance between this listing and this school0.83 miles
Public District Grades PK-5
Middle School
1
/10
Jose De Diego Middle School
3100 NW 5th Ave
Distance between this listing and this school1.74 miles
Public District Grades 6-8
High School
3
/10
Booker T. Washington Senior High School
1200 NW 6th Ave
Distance between this listing and this school0.83 miles
Public Magnet Grades 9-12
Assigned Schools
3
/10
Phyllis Wheatley Elementary School
1801 NW 1st Pl
Distance between this listing and this school0.83 miles
Public District Grades PK-5
Nearby Schools
2
/10
Frederick R. Douglass Elementary School
314 NW 12th St
Distance between this listing and this school0.58 miles
Public District Grades PK-5
8
/10
Downtown Miami Charter School
305 NW 3rd Ave
Distance between this listing and this school0.60 miles
Public Charter Grades PK-6
Assigned Schools
1
/10
Jose De Diego Middle School
3100 NW 5th Ave
Distance between this listing and this school1.74 miles
Public District Grades 6-8
Nearby Schools
4
/10
Theodore R. and Thelma A. Gibson Charter School
1698 And 1682 Nw 4th Ave
Distance between this listing and this school0.84 miles
Public Charter Grades PK-8
3
/10
Aspira Eugenio Maria De Hostos Youth Leadership Charter School
1 NE 19th St
Distance between this listing and this school0.85 miles
Public Charter Grades 6-8
Assigned Schools
3
/10
Booker T. Washington Senior High School
1200 NW 6th Ave
Distance between this listing and this school0.83 miles
Public Magnet Grades 9-12
Nearby Schools
10
/10
School For Advanced Studies-Wolfson
25 NE 2nd St # 5515
Distance between this listing and this school0.46 miles
Public District Grades 11-12
9
/10
New World School of The Arts
25 NE 2nd St
Distance between this listing and this school0.46 miles
The neighbors living near this home have an average income of $144,758. The most common annual income of people living in Miami, FL is between $100k-200k. The most common type of family is 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 5202
What is the listing price of this property?
The listing price of 851 NE 1st Ave Unit 5202 property is $3,650,000.
What type of property is this?
The property 851 NE 1st Ave Unit 5202 is a condo located in Miami, Florida, 33132.
Is this property for sale now?
Active Listing: 851 NE 1st Ave Unit 5202 is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 851 NE 1st Ave Unit 5202 are: Phyllis Wheatley Elementary School: GreatSchools Rating 3/10Jose De Diego Middle School: GreatSchools Rating 1/10Booker T. Washington Senior High School: GreatSchools Rating 3/10
How many bedrooms and bathrooms does this property have?
The property at 851 NE 1st Ave Unit 5202 has 4 bedrooms and 5 bathrooms.
What is the square footage of this property?
The property 851 NE 1st Ave Unit 5202 is 3,292 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 851 NE 1st Ave Unit 5202 is 2019.
Interested in 851 NE 1st Ave Unit 5202? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 851 NE 1st Ave Unit 5202 in Miami, FL and zip code 33132 in the Downtown neighborhood. This 3,292 square foot home was built in 2019. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since December 05, 2023 and is currently priced at $3,650,000.
While more than 62 listings in Miami, FL in October 2024 were sold above asking price, there were more than 129 listings sold at asking price, and more than 507 were sold below. The inventory of homes for sale in Miami, FL between September 2024 and October 2024 increased by 8.3%. 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.
© 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.
Music Concerts
Music Concerts
Hiking/backpacking
Art Museums
H&M
Bloomingdales
Crate & Barrel
Chipotle
Starbucks
Boston Market
Volkswagen
Audi
BMW
Rhythmic Contemporary Hits
News