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Paramount Miami Worldcenter
851 NE 1st Ave · Built 2019 · 60 floors · 567 residences
For sale
79
1 pending · 37.9 mo supply
Median asking
$875K
from $200K
Median $/sqft
$648/sqft
$620/sqft sold, 12 mo
Days on market
102
65 to sell · 25 in 12 mo
75 of 79 are priced $450K+ and browsable on own.miami; the stats above cover every unit for sale.
Paramount Miami Worldcenter stands 60 floors high at 851 NE 1st Ave in Downtown Miami and holds 567 residences. It was completed in 2019, developed by Royal Palm Companies and Daniel Kodsi, with Elkus Manfredi Architects as architect. The Miami Worldcenter Metromover Station is 120 m away in a straight line, and the building has a Car-Free Index of 93. The nearest Publix is 610 m away.
The building sits in FEMA flood zone X, a minimal risk area where flood insurance is not federally required but is available. It is in Miami-Dade evacuation zone E. The lowest street next to it is 8.7 ft above the highest tide predicted for 2026 at Virginia Key.
Construction is active around the tower: 14 tower sites lie within 1 km and 5 of them within 500 m. Building work nearby can bring noise and traffic while it lasts, and new towers can change views.
On the 2025 tax roll, 11% of the 567 units carry a homestead exemption and 50% are owned by a company or trust. Financeability is rated strong, with an index of 79 of 100, and 28 resale deeds were recorded in the 12 months to October 21, 2026.
Live near more of Miami
What surrounds Paramount Miami Worldcenter: seasonal events, annual programs and lifestyle indexes, measured from the building.
Flanigan's IndexLive now15 / 100
Nearest Flanigan's: Flanigan's Seafood Bar and Grill (Coconut Grove), 4.3 mi
#23 in Downtown · #503 in Miami
This is a drive. Bring an appetite that justifies it.
1 Flanigan's locations nearby
Publix IndexLive now
71 / 100
Nearest Publix: Publix at 3 Miami Central, 0.4 mi
#8 in Downtown · #113 in Miami
Walk over, walk back, one bag per hand.
2 Publix stores nearby
Distances are straight-line, not walking or driving.
Getting around
Downtown is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:
MetromoverMetrorail (Government Center)Bayfront ParkBayside MarketplaceKaseya CenterMiami Riverwalk
59
/ 100
B
own.miami Score
A data-grounded score for Paramount Miami Worldcenter from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.
Value80
$648/sqft — vs. Downtown condos, then all of Miami
Momentum35
-4.1% $/sqft over 6 months
Liquidity17
36.5 months of supply · 102 days on market
Health83
Verified records on file — nothing adverse
Waterfront55
Not waterfront
Age76
Built 2019 — vs. Downtown buildings
own.miami Condo Index
93At market100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#405 of 698 tracked Miami condos
Top 58% by price per sq ft
#17 of 28 in Downtown
Momentum
↓ Cooling
$648/sqft median ask
Liquidity
Balanced
The stacks
14 lines · modeled from 106 salesCondos repeat vertically — each “line” is a stack of near-identical units up the tower. We reconstruct Paramount Miami Worldcenter’s lines from its sale history: the floorplan, the view, and how $/sqft climbs with the floor. The best value is the -10 line.
| Line | Layout | Size | View | $/sqft | Per floor | Low→high floor | Sales |
|---|---|---|---|---|---|---|---|
| -00 | 1 bd · 2 ba | 1,018 sqft | Skyline | $643/sqft | $-1 | $639/sqft → $617/sqft | 10 |
| -01 | 3 bd · 4 ba | 2,204 sqft | Bay | $664/sqft | $-5 | $789/sqft → $600/sqft | 13 |
| -02 | 1 bd · 1.5 ba | 937 sqft | Skyline | $628/sqft | +$4 | $581/sqft → $702/sqft | 5 |
| -03 | 2 bd · 3 ba | 1,560 sqft | Bay | $694/sqft | +$2 | $685/sqft → $738/sqft | 3 |
| -04 | 1 bd · 2 ba | 1,185 sqft | Skyline | $552/sqft | +$2 | $524/sqft → $586/sqft | 7 |
| -05 | 1 bd · 2 ba | 1,254 sqft | Bay | $674/sqft | $-1 | $667/sqft → $642/sqft | 11 |
| -06 | 1 bd · 2 ba | 1,173 sqft | Skyline | $635/sqft | +$1 | $605/sqft → $633/sqft | 5 |
| -07 | 2 bd · 3 ba | 1,547 sqft | Bay | $701/sqft | +$3 | $652/sqft → $743/sqft | 12 |
| -08 | 2 bd · 3 ba | 1,498 sqft | Skyline | $602/sqft | +$2 | $574/sqft → $645/sqft | 4 |
| -09 | 2 bd · 3 ba | 1,559 sqft | Bay | $750/sqft | +$6 | $563/sqft → $784/sqft | 11 |
| -10Best value | 1 bd · 2 ba | 1,185 sqft | Skyline | $552/sqft | $-1 | $579/sqft → $544/sqft | 3 |
| -11 | 3 bd · 4 ba | 2,188 sqft | Bay | $743/sqft | +$3 | $723/sqft → $830/sqft | 10 |
| -12 | 3 bd · 4 ba | 2,165 sqft | Bay | $623/sqft | +$1 | $655/sqft → $672/sqft | 7 |
| Penthouses | 4 bd · 5 ba | 3,312 sqft | Bay | $1,182/sqft | — | — | 5 |
Modeled from Paramount Miami Worldcenter’s past listings and sales — a guide to the building’s layouts and floor premiums, not an official floor plan. “Per floor” is the average $/sqft change per floor up the stack.
What’s a unit here worth?
Pick a line and a floor — we estimate the value from Paramount Miami Worldcenter’s own sales history.
Estimated value
$647,000
$604,000–$690,000 · $546/sqft
Moderate confidence · 3 sales
Estimate only — not an appraisal. It reflects the line and floor, not a specific unit’s condition, renovations or view obstructions.
Want the inside track on Paramount Miami Worldcenter?
Get new listings here before the portals, and a straight answer from someone who knows the building.
Inventory
$750,000$639/sqft
1 bd · 2 ba · 1,173 sqft
851 NE 1st AVE #2106
Listing courtesy of The Keyes Company, Manuel Vidal (Lic. #3278608) · 786-942-4866 · MLS #A12113262
$1,390,999$899/sqft
2 bd · 3 ba · 1,547 sqft
851 NE 1ST Avenue #4407
Listing courtesy of LoKation, Olga C Rogers (Lic. #3047413) · MLS #B26091268
$695,000$593/sqft
1 bd · 2 ba · 1,173 sqft
851 NE 1st Ave #2406
Listing courtesy of Miami Realty Solution Group, Karen Vieira Ferreira (Lic. #3481798) · MLS #A12105954
$3,999,000$879/sqft
4 bd · 4.5 ba · 4,552 sqft
851 NE 1st Avenue #4401
Listing courtesy of Score Properties Group, Inc., Lauren J Light (Lic. #3026912) · MLS #B26090101
$1,023,000$683/sqft
2 bd · 3 ba · 1,498 sqft
851 NE 1st Ave #4008
Listing courtesy of Stratwell, LLC, Eddie Blanco (Lic. #0658938) · MLS #A12108176
$679,999$726/sqft
1 bd · 1.5 ba · 937 sqft
851 NE 1st Avenue #3502
Listing courtesy of Realty One Group Innovation, Maritza Escudero (Lic. #3267344) · MLS #B26089128
$655,000$643/sqft
1 bd · 2 ba · 1,018 sqft
851 NE 1st Ave #2100
Listing courtesy of LX Realty LLC, Aleksandar Ilic (Lic. #3462037) · MLS #A12106624
$1,050,000$673/sqft
2 bd · 3 ba · 1,560 sqft
851 NE 1st Ave #3403
Listing courtesy of Coldwell Banker Realty, James Kirkham (Lic. #3473979) · MLS #A12105662
$990,000$661/sqft
3 bd · 3 ba · 1,498 sqft
851 NE 1st Ave #4208
Listing courtesy of Miami Realty Group Services IN, Eliyahu Halali (Lic. #3529289) · MLS #A12104270
$1,425,000$647/sqft
3 bd · 3.5 ba · 2,204 sqft
851 NE 1st Ave #1901
Listing courtesy of Blackbook Properties, Jessica Turner (Lic. #3333542) · MLS #A12103555
$1,650,000$754/sqft
3 bd · 4 ba · 2,188 sqft
851 NE 1st Ave #3211
Listing courtesy of LoKation, Jonathan Tokatli (Lic. #3393332) · MLS #A12103148
$699,000$596/sqft
1 bd · 2 ba · 1,173 sqft
851 NE 1st Ave #3906
Listing courtesy of Douglas Elliman, Michael Mann (Lic. #3200012) · MLS #A12102112
Sold $/sqft trend
3-month rolling median of closed sales in Paramount Miami Worldcenter; bars are closings per month.
Location
Nearby buildings within half a mile.
Building facts
- Address
- 851 NE 1st Ave
- Year built
- 2019
- Floors
- 60
- Residences
- 567
- Developer
- Royal Palm Companies / Daniel Kodsi
- Architect
- Elkus Manfredi Architects
- Waterfront
- No
Amenities
- · Pool
- · Spa
- · Fitness center
- · Boxing studio
- · Basketball court
- · Racquetball
- · Tennis
- · Soccer field
- · Yoga studio
- · Observatory
- · Jam room
- · Recording studio
- · Business center
- · Game room
- · Children's playroom
- · Dog park
- · Food market
- · Valet
- · 24-hour security
- · Sky deck
- · Golf simulator
- · Cinema
- · Summer kitchen
Building rules
- Parking
- The building offers valet parking and some units include dedicated side-by-side extra-wide parking spaces.
Special assessments & recertification outlook
ClearPublic records checked Oct 30, 2026 (Miami-Dade Clerk, civil docket, Florida DBPR).
Verified records
- PositiveBank financingOct 31, 2026
Regulated lenders recorded 15 purchase or refinance loans on this building in the last 12 months, financing 33% of its recorded sales, and accepted a down payment as low as 3%. A bank writing a condominium loan has just checked the building's reserves, insurance, litigation and owner-occupancy against its own standards — verified due diligence, read from the public record. Financeability Index 79/100.
Source: Miami-Dade Clerk official records
- PositiveNo special assessment — noted on 1 listingsSep 10, 2026
Source: MLS listing remarks
- Verified: no special assessment in force
- Built 2019 — its first 25-year structural milestone inspection is due around 2044
Estimated from Paramount Miami Worldcenter’s age and signals in active listings — not an official inspection or reserve report. Always verify the building’s milestone-inspection status and reserves with the association before buying.
Financeability
What the banks say about Paramount Miami Worldcenter: recorded purchase mortgages, the down payments they accepted, and the programmes in use.
Regulated lenders are writing purchase loans here at ordinary down payments — their due diligence on reserves, insurance and litigation, verified by the public record.
- Mortgages recorded, 12 months
- 21
- 15 from banks and credit unions · purchases and refinances
- Sales bank-financed
- 33%
- 30 recorded sales, 12 months · All purchases: 30 resales and 0 developer closings
- Average down payment
- 34.1%
- Lowest down payment accepted
- 3%
Resales and developer closings
| Sales, 12 months | Bank-financed | Average down | Lowest down | |
|---|---|---|---|---|
| Resales | 30 | 33% | 34.1% | 3% |
| Developer closings | 0 | — | — | — |
A new building's first sales are developer closings: buyers closing on units they bought from the developer. They are real purchases, but not resale activity, so they are counted apart. Down payments cover 24 months and need 3 or more loans.
Loan programmes, 24 months:Conventional 14Private lenders 5Other 2
High confidence · As of 2026-10-31
Source: Miami-Dade County official records and the FHA/VA approval lists. Aggregates only; individual instruments are never shown. Compare with Downtown
Flooding and storm surge
Public flood data at this building’s location, read Oct 22, 2026.
- FEMA flood zone
- Zone X: minimal-risk area on FEMA’s map.
- Hurricane evacuation zone
- Zone E
- Miami-Dade storm surge planning zones run from A (called first) to E. The county decides which zones evacuate in a storm.
- Ground at the building
- 9.6 ft
- Lowest nearby street
- 9.7 ft
- Highest predicted tide, 2026
- 1.0 ft
Elevations in feet above the NAVD88 datum.
The lowest street next to this building sits 8.7 ft above this year’s highest predicted tide (Oct 27, 2026).
Estimated from public data, not a flood determination. Check the FEMA flood map and an elevation certificate for this building.
Legal & Regulatory
No material litigation foundCivil court cases involving the condominium association, classified by what they are about. Routine collections against individual owners are counted separately and do not affect the building’s standing.
- Active material lawsuits
- 0
- Owner / association disputes
- 0
- Routine collection cases
- 0
- DBPR complaints
- 1
- Open DBPR complaints
- 0
- Personal injury / common-element claimClosedassociation named as a party · Filed Jun 2024
An individual filed a lawsuit against the condominium association and related entities involving an environmental/toxin tort. The association joined as a third-party plaintiff against related entities. The case has proceeded through motions to dismiss and discovery requests. Filed June 2024.
Source: Miami-Dade Clerk civil docket, summarized by own.miami
No civil cases involving the association were found on the Miami-Dade docket in the last five years.
DBPR registration MA71320 · Approved. Public complaints on record with the Florida Division of Condominiums; investigations are confidential and not counted.
Court records are matched to the association by name and summarized by us; a case is a claim, not a finding. Ask the association for its litigation disclosure before buying.
Frequently asked
How much do condos at Paramount Miami Worldcenter cost?+
There are 79 condos for sale at Paramount Miami Worldcenter, from $200,000, with a median asking price of $875,000 ($648/sqft).
How much are the HOA fees at Paramount Miami Worldcenter?+
HOA / maintenance fees at Paramount Miami Worldcenter run around $2,157 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.
When was Paramount Miami Worldcenter built?+
Paramount Miami Worldcenter was built in 2019, 60 stories, 567 residences.
Who developed Paramount Miami Worldcenter?+
Paramount Miami Worldcenter was developed by Royal Palm Companies / Daniel Kodsi and designed by Elkus Manfredi Architects.
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