About Paramount Miami Worldcenter
Developed by Paramount Ventures · Designed by Elkus Manfredi Architects
Paramount Miami Worldcenter is a 58-story condominium at 851 NE 1st Avenue, developed by Paramount Ventures and designed by Elkus Manfredi Architects as part of the roughly $500 million, 27-acre Miami Worldcenter mixed-use development. Completed in August 2019 with 569 residences and amenities including a 300-foot indoor running track.
Building Fees & Assessments
MLS listings for Paramount Miami Worldcenter have shown a median association fee around $1.76/sqft/month -- shown per square foot, not as a flat dollar figure, since that's comparable across unit sizes rather than skewed by whichever units happen to be listed right now. This is a point-in-time reference, not a live figure, and can change over time. Confirm the current fee for a specific unit before making an offer.
Specific reserve fund balances, pending special assessments, and financial statements aren't public MLS data -- request them directly from the condo association or your agent before making an offer.
Rental Potential
See the live "Monthly rental from" figure above for Paramount Miami Worldcenter's current lowest asking rent, and the market snapshot's closed-lease count and median rent for actual rental demand over the trailing 12 months -- both update automatically, unlike a number written here. Specific rental rules -- minimum lease term, rentals allowed per year, and whether short-term/Airbnb-style rentals are permitted -- are set by the condo association and vary by building. Verify current rental restrictions directly with the association before buying as an investment.
Frequently Asked Questions
Is Paramount Miami Worldcenter pet-friendly?
Yes, Paramount Miami Worldcenter is generally pet-friendly. Verify current pet rules and any breed or weight restrictions directly with the building association before purchasing.
Can I rent out my unit at Paramount Miami Worldcenter?
Long-term rentals are generally permitted at Paramount Miami Worldcenter, though minimum lease terms and any short-term rental restrictions vary by building. Verify the current rental policy directly with the association before purchasing as an investment.
Is Paramount Miami Worldcenter part of the larger Miami Worldcenter development?
Yes -- it was one of the first residential towers completed as part of the Miami Worldcenter mega-development, a roughly 27-acre mixed-use project bringing new condo towers, retail, hotels, and office space to the northern part of Downtown Miami.
Reviewed by Carlos Olivares, FL License #3051724. Last updated September 2026.