What is the asking price and what does it include?

The list price for 1861 NW S River Dr # 2201, Miami FL 33125 is $360,000. The property is a Condominium with 2 bedrooms, 2 bathrooms, approximately 967 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 1861 NW S River Dr # 2201, 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 360,000 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 1861 NW S River Dr # 2201, 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.

1861 NW S River Dr # 2201, Miami FL 33125 | Miami-Dade County

Residential Active

1861 NW S River Dr # 2201, Miami FL 33125 | Miami-Dade County | A12028503

$360,000

Description

Spacious 2-bedroom, 2-bath corner residence featuring floor-to-ceiling windows in both the living room and primary bedroom, filling the home with abundant natural light. Functional layout with generously sized living spaces and desirable corner-unit privacy. Tenant occupied through July 31, 2026, making this an excellent investment opportunity with immediate rental income.

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 2, 2026 at 3:53 pm

Property ID A12028503
Price $360,000
Property Size 967 Square Feet
Bedrooms 2
Bathrooms 2
Garage 1
Year Built 2010
Type Condominium
Property Status Residential

Additional details

ArchitecturalStyle Corner Unit
AssociationAmenities Barbecue, Business Center, Exercise Room, Pool, Sauna
AssociationFee 1191
AssociationFeeFrequency Monthly
BathroomsFull 2
BathroomsHalf 0
BuildingAreaTotal 967
BuildingAreaUnits Square Feet
BuildingName Terrazas Riverpark
ConstructionMaterials Concrete Block Construction
ContractStatusChangeDate 2026-06-01
Cooling Central Air
CoveredSpaces 1
DaysOnMarket 1
DoorFeatures High Impact Doors
EntryLevel 27
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 03:37pm
MajorChangeType New
MiddleOrJuniorSchool Citrus Grove
MlsStatus Active
ModificationTimestamp June 2, 2026 at 02:42pm
OnMarketDate 2026-06-01
OriginalEntryTimestamp June 1, 2026 at 03:37pm
OriginalListPrice 360000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 01-31-34-124-0310
ParkingFeatures 1 Space, Assigned, Covered
PhotosCount 0
Possession Funding
PostalCode 33125
PriceChangeTimestamp June 1, 2026 at 03:21pm
PublicSurveyRange 31
PublicSurveySection 34
PublicSurveyTownship 31
RoomsTotal 0
SecurityFeatures Fire Alarm, Smoke Detector, Secured Garage/Parking, Guard At Site, Lobby Secured, TV Camera
ShowingContactType Agent
ShowingInstructions 24 Hour Notice, Appointment Only, Call Listing Agent
SourceSystemKey 502695959
StateOrProvince FL
StatusChangeTimestamp June 1, 2026 at 03:37pm
StoriesTotal 22
StreetDirPrefix NW
StreetName S River Dr
StreetNumber 1861
StreetNumberNumeric 1861
StructureType Condo 5+ Stories, Condo
SyndicationRemarks Spacious 2-bedroom, 2-bath corner residence featuring floor-to-ceiling windows in both the living room and primary bedroom, filling the home with abundant natural light. Functional layout with generously sized living spaces and desirable corner-unit privacy. Tenant occupied through July 31, 2026, making this an excellent investment opportunity with immediate rental income.
TaxAnnualAmount 5800
TaxLegalDescription TERRAZAS RIVERPARK VILLAGE CONDO UNIT RIVER 2201 UNDIV 0.2977571% INT IN COMMON ELEMENTS OFF REC 27230-3956
TaxYear 2025
UnitNumber 2201
View Other View, River
YearBuiltDetails Unknown