1861 NW North River Dr # 3, Miami FL 33125 | Miami-Dade County | A11984365
- $459,900
- $459,900
Description
Experience elevated living at Terrazas Miami with this unique two-story Penthouse offering the perfect blend of space, design, and investment potential.
This oversized 1-bedroom + Den + 2 full bathrooms residence spans 1,347 SF and features a loft-style layout with soaring ceilings, abundant natural light, and a rare two-level floor plan that delivers both privacy and functionality—feeling more like a townhouse in the sky.
Currently leased at $3,150/month, this property presents a strong income-producing opportunity with immediate cash flow, ideal for investors seeking high-yield assets in a centrally located Miami community.
Enjoy resort-style amenities including riverfront access, pool, fitness center, 24-hour security, and a prime location just minutes from Brickell, Downtown Miami, and Miami International Airport.
A rare opportunity to own a distinctive Penthouse with both lifestyle appeal and solid investment fundamentals in one of Miami’s most strategically located riverfront communities.
Property Overview
Frequently Asked Questions
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Monthly Fees & Carrying Costs
| Association Fee | $1,409 / month |
| Total Monthly Fees | $1,409 / month |
- Membership Required: No
- Application Fee: $100 (one-time)
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Address
Open on Google Maps-
Address: North River Dr
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City: Miami
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State/county: Miami-Dade County
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Zip/Postal Code: 33125
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Area: TERRAZAS RIVERPARK VILLAG, TERRZAS MIAMI
Details
Updated on July 9, 2026 at 7:56 pm-
Property ID A11984365
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Price $459,900
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Property Size 1144 Sq Ft
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Bedroom 1
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Room 0
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Bathrooms 2
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Garage 1
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Year Built 2010
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Type Condominium
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Property Status Active, Residential
Additional details
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Flooring Tile
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Waterfront Features River
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Bedroom Features Primary Bath Tub, Primary Bedroom Upstairs, Studio
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Cooling Central Air
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Association Type Homeowners
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Building TERRZAS MIAMI
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Association Fee Frequency Monthly
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Area Terrazas Riverpark Villag
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Annual Tax 7932
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Association Yes
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Private Pool No
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Listing Terms All Cash, Conventional
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Waterfront Yes
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Full Bathrooms 2
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Subdivision TERRAZAS RIVERPARK VILLAG,TERRZAS MIAMI
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Total Stories 27
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Restrictions Corporate Buyer OK, Ok To Lease
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Amenities Business Center, Elevator(s), Exercise Room, Exterior Lighting, Pool, Sauna, Spa/Hot Tub, Trash Chute
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Parking 1 Space, Guest, Limited # Of Vehicle, No Rv/Boats, No Trucks/Trailers
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Heating Central
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Structure Type Condo 5+ Stories, Condo
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Tax Year 2025
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Construction Concrete Block Construction
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Building Area 1144
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Covered Spaces 1
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Middle School Citrus Grove
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Unit Floor 27
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View Garden View, Other View, River
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Year Built Details Resale
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High School Miami Jackson
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Pets Allowed Yes
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Attached Yes
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Unit Number 3
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Inclusions None
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Half Bathrooms 0
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Flood Zone X
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Patio / Porch Open Balcony
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New Construction No
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Garage Spaces 1
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Style Condo 5+ Stories
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Association Fee 1409
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Lot Size (Sq Ft) 0
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Membership Purchase Required No
Mortgage Calculator
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