Merrimac Ventures
Paramount MWC
851 NE 1st Avenue, Miami, FL 33132, Florida
Paramount MWC is a new pre-construction condominium by Merrimac Ventures in Miami, Florida.
Paramount MWC is a completed condominium tower at 851 NE 1st Avenue in downtown Miami, delivered by Merrimac Ventures in August 2019. The development brings a wide range of residence sizes to the city's central district.
Home options span studios through three-bedroom layouts, with larger penthouse residences also part of the mix — a building suited to a variety of downtown lifestyles.
Key project details
- Location
- 851 NE 1st Avenue, Miami, FL 33132, Miami, Florida
- Developer
- Merrimac Ventures
- Home types
- Studio to 3-bedroom residences plus penthouses; standard units 1,294–2,376 sq ft, penthouses 3,509–6,000 sq ft
- Occupancy
- Completed August 2019
Gallery
How this listing is verified
- ✓ Listing facts compiled from multiple public sources and cross-checked by LIQWD's audit system
- ✓ Pricing and availability update as builders release them — last updated October 1, 2026
- ✓ Corrections from verified agents and builders are reviewed by our team — pre-construction details change; confirm final terms with the sales team
Local amenities
Downtown Miami surrounds Paramount MWC with the everyday conveniences of a dense urban core, from dining and retail to cultural and waterfront destinations within the city centre. Residents are close to the business district and the shops, restaurants, and services that define central Miami.
For specifics on nearby hospitals, schools, groceries, and parks, prospective buyers should confirm current options directly, as the immediate surroundings continue to evolve alongside downtown's ongoing growth.
Getting around
A downtown Miami address puts Paramount MWC within easy reach of the city's core transportation network. Major routes such as Interstate 95 and Interstate 395 connect the central district to the wider metro area, while downtown's grid supports quick trips across the urban core. Residents benefit from a walkable central setting close to the region's main arteries.
About Merrimac Ventures
Merrimac Ventures is the developer behind Paramount MWC. The firm has been active in South Florida real estate, focusing on residential and mixed-use projects in the Miami and Fort Lauderdale markets. Buyers interested in the developer's broader portfolio and track record should review current information directly.
Buying pre-construction at Paramount MWC
Buying a condominium in Miami's downtown core involves understanding both the purchase process and the protections available to buyers in Florida. For new condominium purchases, Florida law provides a 15-day rescission period under FS 718.503, giving buyers time to review the contract and condominium documents after signing.
Because Paramount MWC was completed in August 2019, homes here would typically be available through the resale market rather than a pre-construction release. Resale purchases follow standard Florida real estate procedures, including inspections, financing, and closing, rather than the deposit-staging common to new-construction sales.
Buyers should review the condominium's governing documents, association fees, and any current disclosures carefully, and confirm all details with a licensed professional. This is general information and not financial or legal advice.
Frequently asked questions
Where is Paramount MWC located?
Paramount MWC is located at 851 NE 1st Avenue in downtown Miami, Florida, 33132. The tower sits within the city's central core, close to Miami's business district and waterfront.
Who is the builder of Paramount MWC?
Paramount MWC was developed by Merrimac Ventures, a firm active in the South Florida real estate market.
What types of homes are available at Paramount MWC?
The building offers a range of residences from studios to three-bedroom layouts, plus penthouses. Standard units range from 1,294 to 2,376 square feet, while penthouses span 3,509 to 6,000 square feet.
Is Paramount MWC completed?
Yes, Paramount MWC was completed in August 2019.
How much do units at Paramount MWC cost?
Pricing was not supplied for this project. Because the building is completed, availability and pricing would come through resale listings; interested buyers should confirm current figures directly.
How large are the penthouses at Paramount MWC?
Penthouse residences at Paramount MWC range from 3,509 to 6,000 square feet, offering some of the largest floor plans in the building.
Information last updated October 1, 2026. Details are provided by the builder and may change without notice.
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