1861 NW North River Dr # 11, Miami FL 33125 | Miami-Dade County | A11864258
  • $689,900

Description

Experience exceptional luxury in this stunning 3-bedroom, 3-bathroom penthouse featuring breathtaking Miami River views. Completely reimagined with sophisticated design, imported finishes, and meticulous craftsmanship throughout.
The residence showcases a custom gourmet kitchen with premium finishes and Bosch appliances, elegantly remodeled bathrooms with seamless glass shower enclosures, beautiful flooring, designer lighting, new doors and hardware, and a new HVAC system.
Additional features include two laundry stations, two deeded garage spaces, and two private storage units. Ideally located in the Miami River District, this exceptional residence offers convenient access to Coral Gables, Brickell, Downtown Miami, and Miami International Airport.

Property Overview

This is a 3-bedroom, 3-bath condominium of about 1459 square feet at 1861 NW North River Dr # 11, Miami FL 33125 (Miami 33125), listed at $689,900.

Monthly Costs, Stated Plainly

The monthly HOA fee is $1,200.

The tax of record is $8,820 (2024). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $13,800/yr (≈ $1,150/mo); with the homestead exemption on a primary residence, about $12,800/yr (≈ $1,067/mo). Confirm with the Miami-Dade Property Appraiser and a tax professional — these are estimates, not quotes.

Frequently Asked Questions

What is the list price, and what typically conveys with a home like this?

The list price for 1861 NW North River Dr #11, Miami FL 33125 is $689,900. This 3 bedroom, 3 bathroom home, approximately 1459 square feet, is listed without explicit notation of being furnished, meaning that only the fixtures and built-in appliances are expected to convey with the home. Fixtures and built-in appliances generally convey with the property, but personal items and non-built-in appliances do not, unless explicitly stated.

Community amenities on record include Elevator(s), Storage, Other, and a Pool, which are shared among homeowners as part of the HOA. To confirm what conveys with the home and to discuss the details of this property, including the community amenities, contact Christopher Lazaro, Miami Real Estate Agent, to schedule a viewing or for more information on this listing at $689,900. Reach out to Christopher Lazaro to verify the specifics of this property and to explore how it fits your needs.

Where exactly is it, and what should I know about the location?

The property at 1861 NW North River Dr #11 is located in Miami, FL 33125, along the coastal corridor. This area offers a unique setting with proximity to the water. The property itself is a 3 bedroom, 3 bathroom unit with approximately 1,459 square feet of living space, listed at $689,900. To learn more about the specifics of this location and how it might fit your needs, consider reaching out to Christopher Lazaro, Miami Real Estate Agent, to discuss the details and schedule a viewing. You can contact Christopher Lazaro to verify the property's details and get a better sense of the area.

What are the HOA / association fees, and what do they cover?

The monthly HOA fee for this property is $1,200. According to the record, this fee covers specific expenses, including Common Area, Elevator, Landscaping/Lawn Maintenance, Manager, Sewer, and Trash Removal. As the community is subject to city ordinances, it is essential to review the municipal code, which can be found at https://library.municode.com/fl/miami/codes/code_of_ordinances, to understand the regulations that apply.

To verify the details of the HOA fee and its coverage, as well as to inquire about other aspects of the property at 1861 NW North River Dr #11, listed at $689,900, it is recommended that you contact Christopher Lazaro, Miami Real Estate Agent, to discuss your specific questions and concerns about this 3bd/3ba ~1459 sqft property.

What are the property taxes and homestead implications?

The property taxes for 1861 NW North River Dr #11, Miami FL 33125, listed at $689,900, can be estimated in two ways. The tax of record is $8,820 (2024), but as an ESTIMATE ONLY, considering Florida reassesses at sale and a Miami-Dade rate near 2.0%, the annual property tax would be about $13,800/yr (≈ $1,150/mo) without homestead, and about $12,800/yr (≈ $1,067/mo) with the homestead exemption, which lowers taxable value only for a primary residence. These are estimates, not quotes, and confirmation should be sought from the Miami-Dade Property Appraiser and a tax professional.

To verify these ESTIMATES and understand how they apply to your specific situation, it's advisable to reach out to Christopher Lazaro, Miami Real Estate Agent, who can provide guidance tailored to your needs and ensure you have the most accurate information regarding the property taxes and homestead implications for this $689,900, 3bd/3ba ~1459 sqft property.

Is the home in a flood zone, and what does that mean?

Flood zones are areas designated by the Federal Emergency Management Agency (FEMA) as being at risk for flooding, which can impact the cost and availability of insurance for properties in these areas. According to FEMA's definitions, flood zones are determined by factors such as proximity to water and historical flood data. To determine the flood zone for this property, located at 1861 NW North River Dr #11, Miami FL 33125, you can View the FEMA flood map for this address. Lenders often require flood insurance for properties in high-risk zones, which can add to the overall cost of owning the property, listed at $689,900.

If you are considering purchasing this 3 bedroom, 3 bathroom, ~1459 square foot property, it is essential to understand the flood risk and potential insurance requirements. To verify the flood zone and insurance requirements for this property, contact Christopher Lazaro, Miami Real Estate Agent, to discuss the specifics of this listing and how it may impact your purchase decision.

Are pets allowed?

According to the MLS record, the pet policy for 1861 NW North River Dr #11, Miami, FL 33125, listed at $689,900, has restrictions or possible restrictions. This means pets are allowed, with restrictions (or possible restrictions). To confirm the exact current pet rules for this unit, we can pull the association's documentation upon request. If a documented service animal or ESA is involved, separate federal accommodation rules can apply.

To verify the pet policy and any other details about this 3bd/3ba ~1459 sqft property, contact Christopher Lazaro, Miami Real Estate Agent, to discuss your specific situation and get the most up-to-date information. Reach out to him to confirm the details and schedule a viewing of this property. He will provide you with the necessary information to make an informed decision.

How is the price set and is there room to negotiate?

Miami-Dade condos have recently been closing at 94% of list, about 64 days on market, according to MIAMI REALTORS®, May 2026. This suggests that there is some room for negotiation, but it is essential to understand the specific market conditions of the building and vicinity. A more precise estimate of the property's value can be obtained through a Comparative Market Analysis (CMA), which takes into account the unique characteristics of the property, such as its location at 1861 NW North River Dr #11, Miami, FL 33125, and its features, including 3 bedrooms, 3 bathrooms, and approximately 1459 square feet of living space, listed at $689,900. To get a better understanding of the property's value and negotiate effectively, it is recommended to review a Miami-specific CMA. To verify the market value and discuss the best approach to making an offer, contact Christopher Lazaro, Miami Real Estate Agent, to schedule a consultation and determine the optimal strategy for your purchase.

Reach out to Christopher Lazaro to review the property's details, discuss the market analysis, and create a personalized plan to achieve your real estate goals, ensuring you make an informed decision when purchasing 1861 NW North River Dr #11, Miami, FL 33125.

What financing step do you recommend before touring?

Before touring the property at 1861 NW North River Dr #11, Miami, FL 33125, listed at $689,900, it is recommended that you get pre-approved for a mortgage. This step will give you a clear understanding of your budget and will also make you a more competitive buyer. To get pre-approved, work with a licensed Florida mortgage professional, such as those found at https://Get-PreApproved.com. Getting pre-approved will provide you with the necessary information to make an informed decision when viewing properties like this 3 bedroom, 3 bathroom, approximately 1459 square foot unit.

To verify the details of this property and to discuss your options, reach out to Christopher Lazaro, Miami Real Estate Agent, to schedule a tour and review your pre-approval status, or contact him to answer any questions you may have about the property or the buying process, including verifying the listing price of $689,900 and the property's features.

Monthly Fees & Carrying Costs

Association Fee $1,200 / month
Total Monthly Fees $1,200 / month
  • Membership Required: No
  • Application Fee: $150 (one-time)

Have a question about this Miami listing?

Talk directly with Christopher Lazaro, your Miami real estate advisor. No pressure — real answers.

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

Details

Updated on August 13, 2026 at 6:39 pm
  • Property ID A11864258
  • Price $689,900
  • Property Size 1459 Sq Ft
  • Bedrooms 3
  • Room 0
  • Bathrooms 3
  • Garages 2
  • Year Built 2010
  • Type Condominium
  • Property Status Active, Residential

Additional details

  • Flooring Marble, Other, Tile
  • Waterfront Features River, Seawall
  • Bedroom Features Other, Primary Bedroom Upstairs
  • Cooling Central Air, Electric
  • Association Type Condo
  • Building Terrazas River Park
  • Association Fee Frequency Monthly
  • Area Terrazas Riverpark Villag
  • Annual Tax 8820
  • Association Yes
  • Private Pool No
  • Listing Terms All Cash, Conventional
  • Waterfront Yes
  • Full Bathrooms 3
  • Subdivision TERRAZAS RIVERPARK VILLAG
  • Total Stories 28
  • Restrictions Corporate Buyer OK, Exterior Alterations, Other Restrictions
  • Maintenance Includes Common Area, Elevator, Landscaping/Lawn Maintenance, Manager, Sewer, Trash Removal
  • Amenities Elevator(s), Storage, Other, Pool
  • Parking 2 Or More Spaces, Deeded, Guest
  • Heating Central, Electric
  • Structure Type Condo 5+ Stories, Condo
  • Tax Year 2024
  • Construction CBS Construction
  • Building Area 1459
  • Covered Spaces 2
  • Middle School Citrus Grove
  • Unit Floor 28
  • View River, Skyline, Water View
  • Year Built Details Effective Year Built
  • High School Miami Jackson
  • Pets Allowed Yes
  • Attached Yes
  • Unit Number 11
  • Inclusions Other
  • Half Bathrooms 0
  • Flood Zone X
  • Patio / Porch Open Balcony
  • New Construction No
  • Garage Spaces 2
  • Style Condo 5+ Stories
  • Association Fee 1200
  • Lot Size (Sq Ft) 0
  • Membership Purchase Required No

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