Monthly rent

$40,000

Beds

Baths

5.5

Sqft

5,225

Monthly rent	$40,000
Beds	4
Baths	5.5
Sqft	5,225

Updated 5+ Days Ago

Highlights

Basketball court
Game room
Outdoor lounge
State of the art fitness center
Racquetball
Most amenities

Location

851 Ne 1st Ave #PH5700, Miami, FL 33132, USA|Park West

Tour 851 Ne 1st Ave

Contact

Peggy Olin

One World Properties

(844) 325-9308 ext. 8819

About 851 Ne 1st Ave

Property Status: Active Located within Miami Worldcenter, the second largest master planned community in the U.S., PARAMOUNT Miami Worldcenter, the building with the most amenities in the world. This FURNISHED 4BD + Den / 5.5 BA - DUPLEX PENTHOUSE is a must see!! Access to 46 different amenities such as 5 pools, spa, outdoor lounge, summer kitchen, game room, state of the art fitness center, boxing studio, basketball court, racquetball, yoga, observatory, jam room and recording studio and much more. Just steps from the Brighline Train Station, Port of MIA, AA Arena and minutes to MIA Airport, Wynwood, Miami Beach and so much more. *Renderings are only for inspirational purposes. Office Phone: (305) 546-0939 Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Source: Miami REALTORS®|MLS Listing No. A11976777

Go to property website

Neighborhood

Park West

Zip code

33132

Type

Condo for rent

Rent trends in Park West

4-bedroom apartments at 851 Ne 1st Ave cost about 60% more than the average rent price for 4-bedroom apartments in Park West.

Median rents as of Oct 3 2026.

Park West

Miami

A table of 4-bedroom apartment rental data trends in Miami
Month	Median Rent
October 2024	$5,000
November 2024	$5,536
December 2024	$7,580
January 2025	$7,755
February 2025	$6,387
March 2025	$5,300
April 2025	$5,987
May 2025	$5,672
June 2025	$5,574
July 2025	$6,719
August 2025	$7,305
September 2025	$5,959
October 2025	$5,656
November 2025	$6,432
December 2025	$6,565
January 2026	$5,519
February 2026	$5,317
March 2026	$5,947
April 2026	$6,381
May 2026	$6,508
June 2026	$6,325
July 2026	$6,537
August 2026	$6,340
September 2026	$6,137
October 2026	$6,200

A table of 4-bedroom apartment rental data trends in Park West
Month	Median Rent
October 2024	$23,500
November 2024	$23,700
December 2024	$27,249
January 2025	$19,312
February 2025	$28,624
March 2025	$39,825
April 2025	$45,000
May 2025	$30,100
June 2025	$30,250
July 2025	$28,200
August 2025	$31,857
September 2025	$22,560
October 2025	$31,142
November 2025	$34,000
December 2025	$34,125
January 2026	$33,428
February 2026	$27,571
March 2026	$23,000
April 2026	$22,437
May 2026	$23,850
June 2026	$28,750
July 2026	$25,625
August 2026	$23,596
September 2026	$25,000
October 2026	$25,000

Affordability calculator

Can I afford to live at 851 Ne 1st Ave #PH5700?

Bedrooms

4+ bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.

The general rule of thumb is to spend around 30% or less of your income on rent.

Recommended income

$1,600,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $1,600,000 annually to afford this 4-bedrooms monthly rent price of $40,000.

For more information on rent affordability, visit our rent calculator.

Schools near 851 Ne 1st Ave

Getting around Miami near 851 Ne 1st Ave #PH5700

Walking

9/10

No car? No problem. Everything you need is within a few blocks.

Driving

5/10

This area is accessible to thoroughfares and has ample parking options.

Cycling

7/10

Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

10/10

Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 851 Ne 1st Ave #PH5700, Miami

Groceries

9/10

Wide variety of groceries within a few minutes' walk

Shopping

10/10

Exceptional variety of shops within a few minutes’ walk

Cafes

9/10

Exceptional variety of cafés within a few minutes’ walk

Restaurants

9/10

Exceptional variety of restaurants within a few minutes’ walk

Primary schools

8/10

At least one elementary school within a 15-minute walk

High schools

8/10

At least one high school within a 15-minute walk

Parks

7/10

Large amount of park space nearby

Nightlife

10/10

Exceptional variety of bars right within a few minutes’ walk

Explore the area around 851 Ne 1st Ave #PH5700

Publix

601 NW 2nd Ave

ALDI

249 NW 6th St

Overtown Market LLC

1201 NW 1st Pl

Indian Prem

255 E Flagler St

Whole Foods Market

299 SE 3rd St

851 Ne 1st Ave851 Ne 1st Ave #PH5700, Miami, FL 33132, USA

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Schools near 851 Ne 1st Ave

Miami-Dade Virtual High School Franchise

Chapman Partnership North Early Childhood Center

Phyllis Wheatley Elementary School

Miccosukee Indian School

United Way Center for Excellence in Early Education Demonstration School

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Getting around Miami near 851 Ne 1st Ave #PH5700

Walking

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Transit

Points of interest for 851 Ne 1st Ave #PH5700, Miami

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Primary schools

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Parks

Nightlife

Explore the area around 851 Ne 1st Ave #PH5700

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Homes in Park West

851 Ne 1st Ave
851 Ne 1st Ave #PH5700, Miami, FL 33132, USA