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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: 64
Active listings for sale: 69
Building inventory for sale: 12%
Number of sales over the last 12 months: 37
Number of sales over the last 6 months: 11
Number of sales over the last 3 months: 4
Avg. time to close over last 12 months: 126 days

Address

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

Recent Sales

Unit # Size Closing Date Sale Price PPSF
4509 1,753 sq ft May 2024 $1,315,000 $750
1807 1,547 sq ft Mar 2024 $1,165,000 $753
2309 1,559 sq ft Feb 2024 $1,190,000 $763
2610 1,294 sq ft Feb 2024 $665,000 $514
3407 1,547 sq ft Feb 2024 $1,110,000 $718
907 1,531 sq ft Feb 2024 $940,000 $614

Market Information

Building vs Area

Paramount Miami Worldcenter: $670/sq. ft.
Miami: $669/sq. ft.

Area vs City

Miami $669/sq. ft.
Miami-Dade $694/sq. ft.

Inventory for sale

Miami: 4%
Miami-Dade: 3%

Avg. time to close over last 12 months

Paramount Miami Worldcenter 126 days
Miami: 84 days
Miami-Dade: 81 days