Date
Details
Price
Change
Source
3/17/2026
Listed
$459,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/43
$459,900
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1/43
Property 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.
Full Property Details
Full Property Details for 1861 NW N River Dr #3
General
- Price: $459,900
- HOA FEE: $1,409/month
- Taxes: $7,932 (2025)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A11984365
- Updated: 3/17/2026
- Added to Site: 10 day(s) ago
Interior
- Interior Features: First Floor Entry, Fire Sprinklers, Pantry, Skylight, Walk-In Closet(s), Den/Library/Office
- Appliances: Disposal, Microwave, Electric Range, Refrigerator
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Primary Bathroom: Separate Tub & Shower
Bedrooms
- Total Bedrooms: 1
- Bedroom Features: Primary Bath Tub, Primary Bedroom Upstairs, Studio
Other Rooms
- Living Room: Den/Library/Office Sq. Ft.
- Dining Room: Family/Dining Combination
- Laundry: Washer/Dryer Hook-Up
Additional Information
- Shared Amenities: Business Center, Elevator(s), Exercise Room, Exterior Lighting, Pool, Sauna, Spa/Hot Tub, Trash Chute
- Maint. Includes: All Amenities, Building Exterior, Cable Tv, Common Area, Elevator, Hot Water, Insurance, Internet/WiFi, Manager, Parking, Pool Service, Recreation Facilities, Reserve Fund, Security, Sewer, Trash Removal, Water
- Security/Safety: Fire Sprinklers, Smoke Detector, Complex Fenced, Elevator Secure, Guard At Site
Exterior
- Exterior Features: Barbecue, Open Balcony
- Deck/Patio: Open Balcony
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: 1 Space, Guest, Limited # Of Vehicle, No Rv/Boats, No Trucks/Trailers
Location
- Area: Terrazas Riverpark Villag
- County: Miami-Dade County
- Subdivision: TERRAZAS RIVERPARK VILLAG, TERRZAS MIAMI
- Building Name: TERRZAS MIAMI
- Driving 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.
School Information
- Middle School: Citrus Grove
- High School: Miami Jackson
Community
- Community Name: Terrazas Riverpark Villag
- Association: Yes
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Structural Information
- Architectural Style: High Rise, Penthouse
- Structure Type: Condo 5+ Stories, Condo
- Detached/Attached: Attached
- Model: PENT HOUSE
- Construction: Concrete Block Construction
- Windows: Skylight, Impact Glass
- Doors: High Impact Doors
- Entry Floor Number: 27
- Building Size: 1144
- Square Feet: 1,144
- Living Area: 1,144 Sq. Ft.
- Year Built: 2010
Lot Features
- Property View: Garden View, Other View, River
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: River
Financial Considerations
- Price Per Sq. Ft.: $402.01
- Association Fee: $1,409
- Assoc Fee Freq.: Monthly
- Tax Amount: $7,932
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: TERRAZAS RIVERPARK VILLAGE CONDO UNIT RIVER PH 3 UNDIV 0.3522587% INT IN COMMON ELEMENTS OFF REC 27230-3956
- Restrictions: Corporate Buyer OK, Ok To Lease
- Inclusions: None
- Property ID: 01-31-34-124-2050
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Schools
Schools serving 1861 NW N River Dr #3
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Comstock Elementary School 2420 Northwest 18th Avenue, Miami, FL 33142 | PK-5 | 0.7 mi |
Brownsville Middle School 4899 Northwest 24th Avenue, Miami, FL 33142 | 6-8 | 2.3 mi |
Miami Jackson Senior High School 1751 Northwest 36th Street, Miami, FL 33142 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1861 NW N River Dr #3
Estimate the Cost
Estimate the Cost for 1861 NW N River Dr #3
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- Condo
- Active
- Updated 8 hours ago
- 4Beds
- 5Total Baths
- 3,834Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
- 1,442Sq. Ft.
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- Condo
- Active
- Updated 3 days ago
- 4Beds
- 5Total Baths
- 4,786Sq. Ft.
Listed by The Jills Zeder Group (305) 788-5455
- Single Family
- Active
- Updated 1 day ago
- 2Beds
- 2Total Baths
- 1,092Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 2Beds
- 3Total Baths
- 1,999Sq. Ft.
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- Commercial Land
- Closed
- 7,332Acres
Listed and Sold by Kennett McKency
1861 NW North River Dr #3, Miami, FL 33125 (MLS# A11984365) is a Condo property with 1 bedroom and 2 full bathrooms. 1861 NW North River Dr #3 is currently listed for $459,900 and was received on March 17, 2026. Want to learn more about 1861 NW North River Dr #3? Do you have questions about finding other Condo real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.