Paramount Miami Worldcenter Condos For Sale & Rent

The Paramount Miami Condo Overview

The Paramount Miami is a Downtown Miami condo building at 851 1st Ave in Downtown, Miami. Built in 2019, the property has 60 stories and 569 residences. Buyers usually compare bay or skyline views, transit access, parking, rental rules, building amenities, and proximity to offices, arenas, parks, and dining.

The Paramount Miami Condos for Sale

The Paramount Miami condos for sale should be compared by bay, river, or skyline exposure, floor height, layout, interior condition, parking, rental flexibility, and monthly fees. Buyers should review recent comparable sales, view quality, interior condition, parking, monthly fees, building rules, reserves, and insurance considerations before deciding how a listing is positioned.

The Paramount Miami Rentals and Rental Policy

Rental policy currently shows a long-term rental setup, a 3-month minimum rental term and up to 4 rentals per year. Buyers should verify association rules, approval timing, lease fees, taxes, city requirements, and current restrictions before relying on projected income.

Amenities and Building Details

The building was designed by Elkus Manfredi Architects and developed by PARAMOUNT Ventures. Pets are allowed with restrictions. Tennis access is also part of the building review. Buyers should review amenities, parking, security, reserves, insurance considerations, association rules, and monthly fees with the specific residence. Spanning nearly 30 acres in Downtown Miami's epicenter and perched above the exclusive Miami World Center mall, this luxury condominium residence is a testament to modern luxury and sophisticated living. Residents can indulge in resort-caliber swimming pools, including a sunrise pool and an infinity-edged swimming pool, complemented by a 6-acre recreation deck and poolside cabanas. The property boasts a fully-equipped, state-of-the-art fitness center, various sports facilities including a basketball court, racquetball court, soccer field, golf simulator, tennis courts, and a boxing studio.

What to Compare Before Buying at The Paramount Miami

Compare active condos for sale, active rentals, recent sales, view quality, unit condition, monthly fees, parking, rental rules, pet policy, and Downtown Miami access. It is also useful to compare The Paramount Miami with nearby buildings and area pages such as Downtown Miami's.

Market Context

The Paramount Miami has completed-year closed-sale history from 2020 through 2025 in the market statistics, with 172 recorded condo sales, or about 29 sales per year. That is a deep resale sample for a single building, so buyers can usually find stronger comparable-sale context by bedroom count, line, view, and condition. The busiest year in the series was 2022 with 53 sales, while the quietest was 2020 with 7. Recent completed-year sales volume is close to the long-term average. The gap between the busiest and quietest years also shows why buyers should separate building demand from broader market-cycle timing.

The completed-year price-per-square-foot history for The Paramount Miami ranges from about $647/sqft to $1,029/sqft, with an average near $771/sqft across the years shown. That range gives buyers room to separate stronger lines and renovated units from more ordinary comparisons. The last completed year in the series is lower than the first, moving from $1,029/sqft in 2020 to $647/sqft in 2025. The recent completed-year price-per-square-foot average is close to the long-term average. Average closed price over the same completed-year period was about $1,388,560, but that number should be read by bedroom count, size, view, and renovation level.

Bedroom-level statistics also help explain value at The Paramount Miami: 4 Beds+ and 3 Beds units have the broadest historical comparison set, while 4 Beds+ around $3,163,238 and 3 Beds around $1,441,594 represent the higher average closed-price tiers in the chart data. Because that segment appears across several years, it is more useful as a comparison base than a one-off sale. Buyers should compare units within the same bedroom count before deciding whether a listing is expensive or well positioned. The Paramount Miami also has long-term rental positioning with a 3-month minimum lease and up to 4 rentals per year, which should be read together with the long-term sales data. That points to a more traditional ownership profile, so long-term tenant quality, association approvals, and carrying costs matter more than short-stay turnover.