851 NE 1st ave # 7, Miami FL 33132, MIAMI, FL, 33132
Active186 days on marketListed Feb 11, 2026MLS #A11963651
About this home
851 NE 1st ave # 7, Miami FL 33132
Cabana 1, excellent opportunity to ad to your Paramount unit. A poolside stylish cabana. Comes with porcelain floors, a convenient kitchenette with refrigerator, efficient mini-split A/C, and full bath with shower. Hurricane proof impact windows and sliding doors. Awesome for friends and family gatherings! Cabana can be purchased with or without unit #4811, but must have a condo residence in Paramount. Cabana is 200sqft.
Facts & features
The home at a glance
1
Bedrooms
1
Bathrooms
2019
Year built
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$1,426 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$1,609/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Downtown
Get to know Miami. See the full Miami guide →
Downtown — neighborhood snapshot
Population
24,316
Median age
38
Median income
$108,427
Median home value
$557,583
Avg household
2
Households w/ children
1,166
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Miami market
$508K → $590K
Miami median sold, yr/yr
97.6%
Sale-to-list ratio (12 mo)
Median sold price, Miami, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 51% below the MIAMI 33132 median. See the full Miami market guide →
Paper trail
This home's history
Reality check
What actually sold near 851 NE 1st ave # 7
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Oct ’25$568,000
851 NE 1st Ave # 3302, Miami FL 33132 · same community
1 bd · 1.5 ba · 937 sqft · $606/sqft · 38 DOM
Sold · Feb ’26$550,000
851 NE 1st Ave # 1700, Miami FL 33132 · same community
1 bd · 2 ba · 1,018 sqft · $540/sqft · 41 DOM
Sold · Sep ’25$650,000
851 NE 1st Ave # 2906, Miami FL 33132 · same community
1 bd · 2 ba · 1,173 sqft · $554/sqft · 25 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Nicholas Giaccone
Director of Agent Success · CENTURY 21 Edge
Tours, negotiation, and every question about 851 NE 1st ave # 7 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 851 NE 1st ave # 7 — before you fall in love.
See it in person
Schedule a tour
Live availability from Nicholas's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
851 NE 1st ave # 7 FAQs
What would the monthly payment be for 851 NE 1st ave # 7, Miami FL 33132?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,426/mo — principal and interest, estimated property taxes and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 851 NE 1st ave # 7, Miami FL 33132?+
The most recent tax bill on record (2025) was $0. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 851 NE 1st ave # 7, Miami FL 33132?+
The listing reports pets: Maximum 20 Lbs. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Miami?+
At $200,000, this home is listed about 67% below the Miami median of $610,000. The market section on this page shows how the area is trending.
Which schools are assigned to 851 NE 1st ave # 7, Miami FL 33132?+
Frederick R. Douglass Elementary (elementary), District Instructional Center (Dic) (), Booker T. Washington Senior High (high), Jose De Diego Middle School (middle), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Under the MIAMI 33132 market on paper
$200,000 is 51% below the MIAMI 33132 median of $410,000.
02Intracoastal View views
The intracoastal view view is part of what you're buying — views hold value independently of the structure.
03Time on market is leverage
186 days on market against a Miami median of 66 — sellers in this position are usually ready to negotiate.
04The price has already moved
Listed at $220,000, now $200,000 — a $20K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of Best Broker Realty, LLC. · Jose Correa Lima. MLS #A11963651.
IDX information 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. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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