# Paramount Miami Worldcenter

As of 2026-10-31, Paramount Miami Worldcenter in Downtown has 79 units for sale at a median asking price of $875K ($648/sqft); 25 units sold in the last 12 months.

Paramount Miami Worldcenter is a 60-floor, 567-unit condominium at 851 NE 1st Ave in Downtown Miami, 120 m from the Miami Worldcenter Metromover Station.

## Key facts

| | |
|---|---|
| Address | 851 NE 1st Ave |
| Neighborhood | Downtown |
| Year built | 2019 |
| Floors | 60 |
| Units | 567 |
| Waterfront | no |
| Developer | Royal Palm Companies / Daniel Kodsi |
| Architect | Elkus Manfredi Architects |
| For sale | 79 |
| Pending | 1 |
| Median asking price | $875,000 |
| Median asking $/sqft | $648/sqft |
| Sold, last 12 months | 25 |
| Median sold $/sqft, 12 months | $620/sqft |
| Months of inventory | 37.9 |
| Median HOA | $2,157/mo |
| Parking | The building offers valet parking and some units include dedicated side-by-side extra-wide parking spaces. |

## Own Miami measures

- **own.miami Building Score: 59 (B)**
  - Value: 80 — $648/sqft — vs. Downtown condos, then all of Miami
  - Momentum: 35 — -4.1% $/sqft over 6 months
  - Liquidity: 17 — 36.5 months of supply · 102 days on market
  - Health: 83 — Verified records on file — nothing adverse
  - Waterfront: 55 — Not waterfront
  - Age: 76 — Built 2019 — vs. Downtown buildings
- **Own Miami Condo Index: 93** (market; 100 = the market-median building, 200 = twice its $/sqft; rank 405 of 698 tracked Miami condos)
- **Financeability Index: 79** (strong; 12-month window, 21 recorded mortgages, 33% of sales bank-financed, lowest down payment 3%, as of 2026-10-31)
- Special-assessment outlook: clear (next structural milestone inspection due 2044)

## Building health (verified public records)

- Public records checked 2026-10-30
- positive: Bank financing — 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. (2026-10-31)
- positive: No special assessment — noted on 1 listings (2026-09-10)
- Legal & regulatory: 0 material cases active, 0 disputes active, 1 DBPR complaints (36 months) (2026-09-21)

## Frequently asked questions

**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.

## Related pages

- [Downtown — neighborhood guide](https://own.miami/downtown)
- [All units for sale at Paramount Miami Worldcenter](https://own.miami/buildings/paramount-miami-worldcenter/for-sale)
- [Mint at Riverfront](https://own.miami/buildings/mint-at-riverfront)
- [Centro](https://own.miami/buildings/centro)
- [Marquis](https://own.miami/buildings/marquis)

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Source: Own.Miami — https://own.miami · data as of 2026-10-31
Canonical page: https://own.miami/buildings/paramount-miami-worldcenter
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