CENTURY 21 Edge
$8,995$9,1503 bd4 ba2,202 sqft$4 /sqft$225 /mo all-in ↓

851 NE 1st Ave # 1011, Miami FL 33132, MIAMI, FL, 33132

Active144 days on marketListed Mar 24, 2026MLS #A11986172

Priced 98% below the MIAMI 33132 medianReduced $155CondominiumPARAMOUNT MIAMI WORLDCENT,Paramount

About this home

851 NE 1st Ave # 1011, Miami FL 33132

Experience luxury living at PARAMOUNT. Spectacular large and bright 3 bedrooms plus a den, 4 bathrooms corner residence. Private elevator unit with stunning city, pool and water views. Enjoy the gourmet kitchen with top of the line luxury appliances, and modern bathrooms, custom closets with elegant glass and marble finished. PARAMOUNT redefines luxury with unparalleled amenities, including 5 pools, private cabanas, a full service spa, and a massive fitness center with a boxing studio Stay active with a basketball court, soccer field, racquetball, virtual golf simulator, yoga and more. Enjoy the convenience of a store 24/7, barista bar, cafe, as well as a business center, resident lounge, and a jam room with a recording studio. Located in the heart of Miami's newest and hottest neighborhood Miami World Center is a literal steps from fabulous restaurants, cafes, shopping and entertainment placing you in the epicenter of everything, along with a Miami cultural hub offerings including museums, planetarium, live theater, symphony and more.

Facts & features

The home at a glance

3

Bedrooms

4

Bathrooms

2,202

Sqft

2

Garage

2019

Year built

$4

Per sqft

Ocean view

Inside

FlooringCeramic Floor · Marble · Tile · Wood
AppliancesTrash Compactor · Dishwasher · Disposal · Dryer · Electric Water Heater · Ice Maker · Microwave · Other Equipment/Appliances · Electric Range · Refrigerator · Self Cleaning Oven · Washer
InteriorFire Sprinklers · Pantry · Vaulted Ceiling(s) · Volume Ceilings · Walk-In Closet(s) · Wet Bar
CoolingCentral Air
HeatingCentral

Outside & construction

RoofConcrete
ViewOcean
FacesSoutheast
ParkingAssigned · Valet · Limited # Of Vehicle
ExteriorLighting

Community & fees

PetsNo, Restrictions Or Possible Restrictions
CommunityAdditional Amenities · Pool · Exercise Room

Utilities & systems

WaterMunicipal Water

The numbers

What it really costs

Principal and interest plus estimated taxes and insurance. Run your own numbers below.

$225 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$53
FHA mortgage insurance (est.)$4
Est. property taxes (1.1%/yr)$8
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $315Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesEstimated at 1.1%/yrInsuranceFlorida estimate

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

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type
Down payment3.5% · $315
Interest rate6.00%
Loan term

Estimated payment

$225/mo

Principal & interest$53
FHA mortgage insurance (est.)$4
Est. property taxes$8
Est. insurance$160

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.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

$/sqft vs Miami actives

$4 vs $508

Days on market

144 vs 66 typical

Where $4/sqft sits among the 400 Miami actives

54 · this home
156
91
40
25
34
$4–266$266–529$529–791$791–1053$1053–1316$1316+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside Downtown

Map of 851 NE 1st Ave # 1011, Miami FL 33132 inside its neighborhood boundary

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

ElementaryFrederick R. Douglass Elementary★★★★★
District Instructional Center (Dic)
HighBooker T. Washington Senior High★★★★★
MiddleJose De Diego Middle School★★★★★
Instructional Center System Wide
Title I Migrant Education Program

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Miami market

Seller’s marketLeans buyer18.3 months of inventoryBuyer’s market

$508K$590K

Miami median sold, yr/yr

97.6%

Sale-to-list ratio (12 mo)

36 of 400

Miami actives have cut their price

Median sold price, Miami, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 98% below the MIAMI 33132 median. See the full Miami market guide →

Paper trail

This home's history

CurrentPrice reduced to $8,995 $155
Mar 24, 2026Listed at $9,150 · 144 days on market since
2019Built · PARAMOUNT MIAMI WORLDCENT,Paramount

Reality check

What actually sold near 851 NE 1st Ave # 1011

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

931 SW 11th St # 1, Miami FL 33129Sold · Oct ’25

$840,000

931 SW 11th St # 1, Miami FL 33129

3 bd · 3.5 ba · 2,208 sqft · $380/sqft · 95 DOM

929 SW 11th St # 2, Miami FL 33129Sold · May ’26

$800,000

929 SW 11th St # 2, Miami FL 33129

3 bd · 3.5 ba · 2,185 sqft · $366/sqft · 102 DOM

545 SW 11th St # 307, Miami FL 33129Sold · Aug ’25

$1,270,000

545 SW 11th St # 307, Miami FL 33129

4 bd · 4.5 ba · 2,024 sqft · $627/sqft · 139 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.

Iain Robinson

Your agent

Iain Robinson

Broker Associate · CENTURY 21 Edge

Tours, negotiation, and every question about 851 NE 1st Ave # 1011 — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 851 NE 1st Ave # 1011 — before you fall in love.

See it in person

Schedule a tour

Live availability from Iain's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.

Straight answers

851 NE 1st Ave # 1011 FAQs

What would the monthly payment be for 851 NE 1st Ave # 1011, Miami FL 33132?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $225/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.

Are pets allowed at 851 NE 1st Ave # 1011, Miami FL 33132?+

The listing reports pets: No, Restrictions Or Possible Restrictions. 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 $8,995, this home is listed about 99% 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 # 1011, 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

$8,995 is 98% below the MIAMI 33132 median of $410,000, and at $4/sqft it sits under the Miami average of $651.

02Ocean views

The ocean view is part of what you're buying — views hold value independently of the structure.

03Time on market is leverage

144 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 $9,150, now $8,995 — a $155 cut. The full history is in the market section below.

Listing courtesy of Coldwell Banker Realty · Marta Ramirez. MLS #A11986172.

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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