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.
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 May 7, 2026 at 3:24 am-
Property ID A11984365
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Price $459,900
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Property Size 1144 Square Feet
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Bedroom 1
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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 Residential
Additional details
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ArchitecturalStyle High Rise, Penthouse
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AssociationAmenities Business Center, Elevator(s), Exercise Room, Exterior Lighting, Pool, Sauna, Spa/Hot Tub, Trash Chute
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AssociationFee 1409
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AssociationFeeFrequency Monthly
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BathroomsFull 2
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BathroomsHalf 0
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BuilderModel PENT HOUSE
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BuildingAreaTotal 1144
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BuildingAreaUnits Square Feet
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BuildingName TERRZAS MIAMI
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ConstructionMaterials Concrete Block Construction
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ContractStatusChangeDate 2026-03-17
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Cooling Central Air
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CoveredSpaces 1
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DaysOnMarket 50
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Directions From I-95, take exit 3B to NW 8th St, go west on NW 8th St, then turn left onto NW 17th Ave, and finally, turn left onto NW S River Dr to reach 1871 NW S River Dr, Miami, FL 33125.
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DoorFeatures High Impact Doors
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EntryLevel 27
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ExpirationDate 2026-10-31
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Flooring Tile
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Heating Central
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HighSchool Miami Jackson
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InternetAddressDisplayYN 1
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InternetAutomatedValuationDisplayYN 1
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InternetConsumerCommentYN 1
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InternetEntireListingDisplayYN 1
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LaundryFeatures Washer/Dryer Hook-Up
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ListAOR A-Miami Association of REALTORS
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ListAgentDirectPhone 954-549-8884
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ListingTerms All Cash, Conventional
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LotSizeSquareFeet 0
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MLSAreaMajor Terrazas Riverpark Villag
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MajorChangeTimestamp March 17, 2026 at 04:38pm
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MajorChangeType New
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MiddleOrJuniorSchool Citrus Grove
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MlsStatus Active
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Model PENT HOUSE
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ModificationTimestamp May 6, 2026 at 03:21pm
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OnMarketDate 2026-03-17
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OriginalEntryTimestamp March 17, 2026 at 04:38pm
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OriginalListPrice 459900
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OriginatingSystemID miamire
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OriginatingSystemKey miamire
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OriginatingSystemName Miami Association of REALTORS®
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OtherExpense 0
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ParcelNumber 01-31-34-124-2050
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ParkingFeatures 1 Space, Guest, Limited # Of Vehicle, No Rv/Boats, No Trucks/Trailers
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PatioAndPorchFeatures Open Balcony
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PetsAllowed Maximum 20 Lbs
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PhotosChangeTimestamp March 17, 2026 at 04:39pm
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PhotosCount 43
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Possession Funding
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PostalCode 33125
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PostalCodePlus4 2218
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PriceChangeTimestamp March 17, 2026 at 04:05pm
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PublicSurveyRange 31
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PublicSurveySection 34
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PublicSurveyTownship 31
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RoomsTotal 0
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SecurityFeatures Fire Sprinklers, Smoke Detector, Complex Fenced, Elevator Secure, Guard At Site
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ShowingInstructions 24 Hour Notice
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SourceSystemKey 442941905
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StateOrProvince FL
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StatusChangeTimestamp March 17, 2026 at 04:38pm
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StoriesTotal 27
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StreetDirPrefix NW
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StreetName North River Dr
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StreetNumber 1861
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StreetNumberNumeric 1861
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StructureType Condo 5+ Stories, Condo
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SyndicationRemarks 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.
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TaxAnnualAmount 7932
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TaxLegalDescription TERRAZAS RIVERPARK VILLAGE CONDO UNIT RIVER PH 3 UNDIV 0.3522587% INT IN COMMON ELEMENTS OFF REC 27230-3956
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TaxYear 2025
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UnitNumber 3
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View Garden View, Other View, River
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WaterfrontFeatures River
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WindowFeatures Skylight, Impact Glass
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YearBuiltDetails Resale
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