What is the asking price and what does it include?

The list price for 1871 NW S River Dr # 1502, Miami FL 33125 is $310,000. The property is a Condominium with 1 bedrooms, 2 bathrooms, approximately 803 square feet of living space, on a — lot. List price reflects the home and customarily-attached fixtures; it does not include furniture, art, or detached personal property unless explicitly listed in contract. Final inclusions are determined by the executed purchase contract, not by this page. Contact us if you want a written inclusions/exclusions schedule before drafting an offer.

Where exactly is it, and what is the neighborhood like?

The property sits at 1871 NW S River Dr # 1502, Miami FL 33125 in Miami, 33125. Coordinates are approximately , . Walkability, transit, distance to beach or bay, and traffic patterns vary block by block and are best evaluated in person; visit at both a weekday rush hour and a weekend afternoon before writing an offer. We do not characterize neighborhoods by demographic composition — Fair Housing Act constraints we take seriously. We will gladly provide objective data on request: distance to nearest grocery, hospital, marina, public school, and major roadway.

What are the property taxes and any homestead implications?

Miami-Dade County real-estate taxes are administered by the Miami-Dade Property Appraiser (current assessment + tax-bill data at https://www.miamidade.gov/pa/property_search.asp). A new buyer's tax bill resets based on the sale price and the buyer's own exemption status; the first full tax bill after purchase is often meaningfully higher than the seller's prior bill. Florida's Homestead Exemption reduces the taxable value for a primary residence — eligibility requirements and filing windows are published at https://www.miamidade.gov/pa/exemptions_homestead.asp. The statewide Florida Department of Revenue property-tax reference is at https://floridarevenue.com/property/.

Is it in a flood zone, and what does that mean for insurance?

Authoritative flood-zone designation for any U.S. address is published by FEMA on the National Flood Hazard Layer at https://msc.fema.gov/portal/home. Coastal South Florida includes properties in multiple flood-risk zones (AE, V, VE, X). Lenders typically require flood insurance in high-risk zones. The FEMA Risk Rating 2.0 methodology (premiums based on elevation, construction type, claims history, distance to water) is documented at https://www.fema.gov/flood-insurance/risk-rating. Florida-specific flood-insurance program data is at https://floridarevenue.com/.

How do you determine the list price?

We analyze recent comparable sales in Miami — similar properties in size, condition, and location that sold within the last three to six months. This Comparative Market Analysis (CMA) helps ensure 310,000 reflects current market value. For a personalized CMA on a specific property or to discuss listing strategy, contact us directly.

How long does it typically take to close on this property?

Most Florida real estate transactions close in 30–45 days from accepted offer, assuming timely financing, inspections, and HOA or condominium questionnaire responses. Condominium sales may take longer if SB-4D structural reports or association approvals are needed. We manage the timeline closely to avoid delays. Contact us for a detailed closing checklist tailored to 1871 NW S River Dr # 1502, Miami FL 33125.

What financing step do you recommend before touring?

Get pre-approved by a licensed lender before making an offer. A pre-approval letter shows sellers you are a serious buyer and can close. In Florida's competitive market, it is often a practical requirement. We work with trusted local lenders who understand Miami-Dade specifics like flood-zone implications and condominium-warrantability requirements. Call us for lender referrals.

1871 NW S River Dr # 1502, Miami FL 33125 | Miami-Dade County

Residential Active

1871 NW S River Dr # 1502, Miami FL 33125 | Miami-Dade County | A12028474

$310,000

Description

Beautiful 1-bedroom + den, 02-bath residence featuring city skyline views and a spacious private balcony perfect for enjoying Miami’s vibrant atmosphere. The functional floor plan, offers an open living area filled with natural light, a versatile den ideal for a home office or guest space, and floor-to-ceiling windows that showcase the impressive urban views.

Address

Open on Google Maps

Address: S River Dr
City: Miami
State/county: Miami-Dade County
Zip/Postal Code: 33125
Area: TERRAZAS RIVERPARK VILLAG

Details

Updated on June 1, 2026 at 5:45 pm

Property ID A12028474
Price $310,000
Property Size 803 Square Feet
Bedroom 1
Bathrooms 2
Garage 1
Year Built 2010
Type Condominium
Property Status Residential

Additional details

ArchitecturalStyle High Rise
AssociationAmenities Barbecue, Business Center, Pool, Sauna
AssociationFee 989
AssociationFeeFrequency Monthly
BathroomsFull 2
BathroomsHalf 0
BuildingAreaTotal 803
BuildingAreaUnits Square Feet
BuildingName Terrazas Riverpark
ConstructionMaterials Concrete Block Construction
ContractStatusChangeDate 2026-06-01
Cooling Central Air
CoveredSpaces 1
DaysOnMarket 0
DoorFeatures High Impact Doors
EntryLevel 15
ExpirationDate 2026-11-30
Flooring Ceramic Floor
Heating Central
HighSchool Miami Jackson
InternetAddressDisplayYN 1
InternetAutomatedValuationDisplayYN 1
InternetConsumerCommentYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 786-506-5916
ListingTerms All Cash, Conventional
LotSizeSquareFeet 0
MLSAreaMajor Terrazas Riverpark Villag
MajorChangeTimestamp June 1, 2026 at 03:09pm
MajorChangeType New
MiddleOrJuniorSchool Citrus Grove
MlsStatus Active
ModificationTimestamp June 1, 2026 at 07:00pm
OnMarketDate 2026-06-01
OriginalEntryTimestamp June 1, 2026 at 03:09pm
OriginalListPrice 310000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 01-31-34-124-2510
ParkingFeatures 1 Space, Assigned, Covered, Valet
PhotosCount 0
Possession Funding
PostalCode 33125
PriceChangeTimestamp June 1, 2026 at 03:01pm
PublicSurveyRange 31
PublicSurveySection 34
PublicSurveyTownship 31
RoomsTotal 0
SecurityFeatures Smoke Detector, Secured Garage/Parking, Guard At Site, Lobby Secured, TV Camera
ShowingContactType Agent
ShowingInstructions 24 Hour Notice, Appointment Only, Call Listing Agent
SourceSystemKey 502693579
StateOrProvince FL
StatusChangeTimestamp June 1, 2026 at 03:09pm
StoriesTotal 21
StreetDirPrefix NW
StreetName S River Dr
StreetNumber 1871
StreetNumberNumeric 1871
StructureType Condo 5+ Stories, Condo
SyndicationRemarks Beautiful 1-bedroom + den, 02-bath residence featuring city skyline views and a spacious private balcony perfect for enjoying Miami’s vibrant atmosphere. The functional floor plan, offers an open living area filled with natural light, a versatile den ideal for a home office or guest space, and floor-to-ceiling windows that showcase the impressive urban views.
TaxAnnualAmount 5051
TaxLegalDescription TERRAZAS RIVERPARK VILLAGE CONDO UNIT PARK 1502 UNDIV 0.2472585% INT IN COMMON ELEMENTS OFF REC 27230-3956
TaxYear 2025
UnitNumber 1502
View Other View
YearBuiltDetails Unknown