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Active Condominium
$5,900,000
851 NE 1st Ave # 4611, Miami FL 33132, Miami, FL 33132
4 Beds
Bedrooms
5 Baths
Bathrooms
3,995 sqft
Living Area
2019
Year Built
Market Insight

The listing price is 36% above the average comparable sale price per square foot. It is $1,900,000 above the median comparable close price of $4,100,000.

About This Property

Discover Penthouse 4611, a 4,000 sq ft duplex sanctuary soaring above Downtown Miami, offering unparalleled sunrise-to-sunset panoramas over the Atlantic, Brickell and the city skyline. This 4-bedroom, 5.5-bath residence is fully turnkey, elegantly furnished with curated designer pieces from Artefacto and Modani, featuring sleek built-ins, frame TVs in every bedroom, smart Control4 automation and blackout shades for ultimate comfort and privacy.

Every detail has been crafted for indulgence: spa-like bathrooms with luxurious finishes, a home theater-inspired living space and expansive living areas perfect for entertaining or relaxing in style. Step outside to experience resort-style living with multiple pools, a skydeck observatory, children’s playground, tennis and soccer courts, a full-service spa, state-of-the-art fitness center with boxing and yoga studios, golf simulator, game and recreation rooms and even a private recording studio. Penthouse 4611 isn’t just a home, it’s a sky-high lifestyle where design, luxury and breathtaking views come together in a fully curated, move-in-ready masterpiece.

Property Details

Property Type Condominium
Days on Market 65 days
HOA Fee $7,044/mo
Parking — spaces
Pool No
Waterfront No
Community PARAMOUNT MIAMI WORLDCENT
Pets Allowed Restrictions Or Possible Restrictions

Assigned Schools

Verify with District ↗
School Grades Address Report Card
Douglass, Frederick Elementary
Elementary 305-371-4687
K-5
314 NW 12 St., Miami, FL 33136
de Diego, Jose Middle
Middle 305-573-7229
6-8
3100 NW 5 Ave., Miami, FL 33127
Washington, Booker T. Senior High
High School 305-324-8900
9-12
1200 NW 6th Ave., Miami, FL 33136

Source: County GIS attendance zone boundaries. Assignments are based on property location and may change. Use Miami-Dade County Public Schools's official locator to confirm.

Location

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Comparable Sales

10 closed sales · 1-mile radius · last 12 months · Miami

Est. Market Value
$4,163,305
Range: $4,000,000 – $4,225,000
Listed 41.7% above estimated market value ($1,736,695 over comps). Buyers should negotiate.
Address
Closed
Price
Beds
Baths
Sqft
vs Ask
700 NE 26th Ter # 3903, Miami FL 33137
EDGEWATER,MISSONI BAIA · 2023
$3,900,000
Mar 18, 2026
$4,200,000
$1,027/sf
4
6
3,796
-7.1%
200 Biscayne Boulevard Way, Miami FL 33131
EPIC WEST CONDO · 2008
$4,190,500
Feb 26, 2026
$4,975,000
$972/sf
4
6
4,310
-15.8%
700 NE 26th Terrace # 5203, Miami FL 33137
MISSONI BAIA MISSONI BAIA · 2023
$4,000,000
Dec 30, 2025
$4,750,000
$1,054/sf
4
6
3,796
-15.8%
700 NE 26 Terrace # 5503, Miami FL 33137
ESCOTTONIA PARK · 2023
$4,225,000
Sep 17, 2025
$4,500,000
$1,113/sf
4
6
3,796
-6.1%
300 BISCAYNE BOULEVARD 4802E, Miami FL 33131
County records · 2024
$7,750,000
May 12, 2025
$1,853/sf
4
6
4,183
300 BISCAYNE BOULEVARD 5002E, Miami FL 33131
County records · 2024
$5,800,000
Oct 24, 2024
$1,387/sf
4
6
4,183
300 BISCAYNE BOULEVARD 4602E, Miami FL 33131
County records · 2024
$4,940,000
Oct 23, 2024
$1,181/sf
4
6
4,183
300 N Biscayne Boulevard Way # 4104C, Miami FL 33131
Aston Marin Residences · 2024
$4,375,500
May 19, 2026
$4,990,000
$1,361/sf
4
6
3,214
-12.3%
788 NE 23rd St # 5502, Miami FL 33137
ELYSEE MIAMI · 2021
$4,000,000
May 8, 2026
$4,375,000
$1,145/sf
4
5
3,492
-8.6%
700 NE 26th Ter # 403, Miami FL 33137
MISSONI BAIA · 2024
$4,100,000
May 8, 2026
$4,500,000
$932/sf
4
7
4,401
-8.9%
$4,100,000
Median Sale
$4,113,000
Trimmed Avg
$1,086/sf
Avg $/sqft
7 sales
Comps Found

Comp data from Miami MLS. Estimate is automated and does not account for condition, upgrades, or lot features. For a full CMA, contact Dayron Crespo, Broker.

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Dayron Crespo
Broker Associate

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