1861 NW North River Dr # 3, Miami FL 33125 | Miami-Dade County | A11984365
  • $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: North River Dr
  • City: Miami
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33125
  • Area: TERRAZAS RIVERPARK VILLAG, TERRZAS MIAMI

Details

Updated on May 7, 2026 at 3:24 am
  • Property ID A11984365
  • Price $459,900
  • Property Size 1144 Square Feet
  • Bedroom 1
  • Bathrooms 2
  • Garage 1
  • Year Built 2010
  • Type Condominium
  • Property Status Residential

Additional details

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

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Christopher Lazaro

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