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Built in 2019 - 568 units - 58 floors

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Building Information

Paramount Miami Worldcenter

Number of units: 568
Active listings for rent: 40
Active listings for sale: 92
Building inventory for sale: 16%
Number of sales over the last 12 months: 19
Number of sales over the last 6 months: 8
Number of sales over the last 3 months: 4
Avg. time to close over last 12 months: 129 days

Address

851 NE 1 Ave, Miami, Miami-Dade, FL, 33132

Recent Sales

Unit # Size Closing Date Sale Price PPSF
4003   Jan 2025 $1,200,000  
2705 1,254 sq ft Dec 2024 $750,000 $598
2301 2,204 sq ft Dec 2024 $1,250,000 $567
2308 1,498 sq ft Dec 2024 $830,000 $554
912 2,320 sq ft Oct 2024 $1,350,000 $582

Market Information

Building vs Area

Paramount Miami Worldcenter: $609/sq. ft.
Miami: $895/sq. ft.

Area vs City

Miami $895/sq. ft.
Miami-Dade $688/sq. ft.

Inventory for sale

Miami: 5%
Miami-Dade: 5%

Avg. time to close over last 12 months

Paramount Miami Worldcenter 129 days
Miami: 91 days
Miami-Dade: 90 days