#A11687670, Peggy Olin, Listing office: One World Properties
851 NE 1st Ave Unit 5202 Miami, FL 33132
Property details
About 851 NE 1st Ave Unit 5202
Soar above the city in this one-of-a-kind penthouse featuring the largest balcony in the iconic Paramount building. Set just above the newly completed $6B Miami Worldcenter project, this 4-bed + den, 5-bath residence offers a professionally designed interior and an oversized private balcony with panoramic city views. Inside, floor-to-ceiling windows and sliding glass doors flood the open layout with light. The spacious primary suite features direct balcony access, a walk-in closet, and a spa-like bath. Enjoy access to 46 world-class amenities (Paramount boasts the second most in the world) including multiple pools, spa, gym, basketball court & recording studio. All in a prime location just moments from shops, restaurants, the stadium, Brightline, Port of MIA, I-95, and South Beach.
Highlights
Virtual tour
Summary
- Full Bathrooms: 5
- Appliances: Dryer, Dishwasher, Disposal, Refrigerator
- Flooring Type: Tile
- Interior: Built-in Features, Closet Cabinetry, Entrance Foyer, Kitchen Island, Custom Mirrors, Pantry, Elevator
- Total Bedroom Count: 4
- Garage Space: 3 spaces
- Parking: Two or More Spaces, Valet
- View: City, Intercoastal, Water
- Exterior: Deck, Security/High Impact Doors
- Architectural Style: High Rise, Penthouse
- Heating: Central
- Cooling: Central Air
- List Price: $3,295,000
- Price/SqFt: $1,000
- HOA Amount: $5807 Monthly
- Year Built: 2019
- Living Area: 3,292 SqFt
- MLS Number: A11821296
- MLS Name: SEFMIAMI
- Office Name: One Sotheby's International Realty
- Office Phone: (305) 666-0562
- Office Email: mls@onesothebysrealty.com
- Listing Agent: Erica Mitchell
© 2025 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: 6/24/2025, 4:45:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,295,000
851 NE 1st Ave Unit 5202
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Price information
Property sales
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Tax history
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Nearby schools
6
Frederick R. Douglass Elementary School
Public District PK-5
0.5 mi
•314 NW 12th St
4
Downtown Miami Charter School
Public Charter KG-6
0.6 mi
•305 NW 3rd Ave
6
Phyllis Wheatley Elementary School
Public District PK-5
0.8 mi
•1801 NW 1st Pl
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $144,758. Most Miami, FL residents have annual incomes between $100k-200k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
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Frequently asked questions
About 851 NE 1st Ave Unit 5202
The listing price of 851 NE 1st Ave Unit 5202 property is $3,295,000.
The property 851 NE 1st Ave Unit 5202 is a condo located in Miami, Florida, 33132.
Active Listing: 851 NE 1st Ave Unit 5202 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 851 NE 1st Ave Unit 5202 are: Frederick R. Douglass Elementary School (GreatSchools Rating 6/10), Downtown Miami Charter School (GreatSchools Rating 4/10), Phyllis Wheatley Elementary School (GreatSchools Rating 6/10), Ada Merritt K-8 Center (GreatSchools Rating 10/10), Lincoln-Marti Charter School Little Havana Campus (GreatSchools Rating 8/10), Mater Preparatory Academy (GreatSchools Rating 7/10), School for Advanced Studies-Wolfson (GreatSchools Rating 10/10), New World School of the Arts (GreatSchools Rating 9/10), Miami-Dade Online Academy- Virtual Instruction Program (GreatSchools Rating 8/10).
The property at 851 NE 1st Ave Unit 5202 has 4 bedrooms and 5 bathrooms.
The property 851 NE 1st Ave Unit 5202 is 3,292 SqFt (source: MLS/tax record).
The year of construction for 851 NE 1st Ave Unit 5202 is 2019.
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 June 23, 2025 and is currently priced at $3,295,000.
In May 2025 more than 53 listings in Miami, FL were sold above the asking price. During the same period more than 98 listings were sold at asking price, while more than 602 were sold below. The number of homes for sale in Miami, FL increased by 8.2% between April and May 2025. In May 2025, listings were on the market for 68 days. During the same period, the median list price in this real estate market was $585,197.