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851 NE 1st Ave #1506

Miami, FL 33132 - Miami-Dade County

Apartment

2 beds

2 baths

1,173 sqft

Cats & dogs OK

In-unit laundry

About 851 NE 1st Ave #1506

Step into this amazing Apartment at Paramount Miami and experience elevated living unlike any other. This spacious and open-concept two bedroom apartment (Den converted into a room with ensuite bath and closet) dazzles with designer finishes, in-unit laundry, and private balcony boasting sweeping city & bay views. Enjoy an assigned parking spot-plus complimentary valet for your second car. Indulge in resort-style amenities: boxing studio, fitness center, infinity pools, spa, sports courts, yoga, billiards, kids zone, and more. Stroll to museums, arenas, dining, and nightlife.

51 days on RentalSource

RentalSource last checked: 1 hour ago · Listing updated: October 25, 2026

Listed by: LUXE Properties · (305) 733-9670

Listing data quality - We review listings daily to detect outdated, duplicate, or misleading information.

Property Summary

Property Type:	Apartment
Rental Fee:	$5,500
Bedrooms:	2 beds
Bathrooms:	2 baths
Size:	1,173 sqft

Pets:	Cats & dogs
Laundry:	In unit
Parking:	Yes
Available:	Now
ID:	84342730

Amenities

Washer/Dryer In Unit
Parking
Balcony/Patio
Fitness Center
Pool
Sport Court

Leasing Information

Lease term: 12 months.

Additional Details

This 2-bedroom, 2-bathroom apartment at 851 NE 1st Ave #1506 in Miami, FL 33132 rents for $5,500 a month. It has 1,173 square feet and is pet friendly. 851 NE 1st Ave #1506 was advertised by LUXE Properties on September 7, 2026.

How the Rent Compares

At $5,500 a month, this apartment is well above the typical rent for 2-bedroom apartments and condos in Miami (about $3,000).

From 815 two-bedroom apartments and condos listed in Miami on RentalSource in October 2026: the scale holds eight in ten of them, and the shaded band the middle half.

$3,000Typical rent for 2-bedroom apartments and condos in Miami

$2,300–$4,200Middle half of their rents

29 daysAverage time they have been listed

See 2+ bedroom rentals in Miami

Rent History

The rent hasn't changed since it was listed on September 7. This home was last listed for rent on RentalSource from June 2025 to July 2026, ending at $5,500. Today's rent is the same.

Rent history for this home, newest first
Date	Event	Rent	Change
September 7, 2026	Listed for rent	$5,500
July 23, 2026	Listing removed	$5,500

These are listed prices. What renters actually paid may have been different.

Affordability Calculator

Can I afford to live at 851 NE 1st Ave #1506?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

10% Recommended 50%

Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.

Recommended income

$220,000 /year

With your chosen rent-to-income ratio, an annual income of $220,000 is recommended to comfortably afford this 2-bedroom rental priced at $5,500 per month.

For more information on rent affordability, visit our rent calculator or rent vs. buy calculator.

Apartment for rent

$5,500

Rent Affordability Calculator

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Property listed by:

LUXE Properties

(305) 733-9670 · View all 46 rentals

Avoid rental scams - Situations involving wire transfers or a landlord who can't meet you in person can be red flags.