Paramount Miami Worldcenter #1706
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  • Smart home
  • Italian kitchen
  • Unobstructed view
For saleDowntownFloor 17 · Worldcenter plaza

#1706 · Paramount Miami Worldcenter

851 NE 1st Ave, Miami, FL 33132

$1,280,000

$845/sqft · Asking

3

Beds

3

Baths

1,515

SqFt

// overview

3BR on the 17th floor · Worldcenter plaza exposure

1,515 sqft inside Paramount Miami Worldcenter, a 60-floor tower built in 2019. Paramount Miami Worldcenter is the residential flagship of the new Miami Worldcenter, the second-largest mixed-use development in the U.S. Its 60 floors house 5 pools, an observatory and a sports deck with a soccer pitch and boxing ring.

Bedrooms

3

Baths

3

SqFt

1,515

Floor

17

View

Worldcenter plaza

$/sqft

$845

DOM

47d

// numbers · investment analysis

Configure the deal

Editable assumptions. Defaults from this building's HOA, FL tax and insurance rates.

Cap rate

0.7%

NOI / price

Cash-on-cash

-19.5%

Annual / cash invested

$ / sqft

$845

Monthly cash flow

$-5,819

Negative

Loan amount$960,000
Down payment$320,000
Cash invested (incl. ~3% closing)$358,400

Monthly

P&I$6,549
Property tax$2,080
Insurance$259
HOA$1,439
Property mgmt$530
Vacancy reserve$265
Total monthly out$11,122
Expected rent$5,303
Monthly cash flow$-5,819

Reference estimates. Not a firm offer. DCH Team can coordinate pre-approval with local lenders.

// the building

Paramount Miami Worldcenter

Paramount Miami Worldcenter

Flagship of Miami Worldcenter. 60 floors above the new downtown entertainment district. Stable corporate + tourist demand.

Units
569
Built
2019
Strategy
Hold · STR
Avg rent
$4,600 / mo
View full building report →
// location

851 NE 1st Ave, Miami, FL 33132

Downtown · Miami

We already operate inside Paramount Miami Worldcenter.

We know its rules, tenant profile and live comps. Talk to us before you buy — or list this unit with us if you own it.

Talk to DCH