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.

Features
Swimming Pool
Heating System
Cooling System
View
Pet Allowed:
Yes, Size Limit
Security
Patio:
Balcony, Open
Appliances
Architectural Style
Association Amenities
Parking Features
Address Map
State:
FL
County:
Miami-Dade
City:
Miami
Zipcode:
33125
Street:
1861 Nw North River Dr 3, Miami, Florida 33125
Longitude:
W81° 46' 25''
Latitude:
N25° 47' 16.2''
MLS Addon
Association Fee:
$1,409
Association Fee Frequency:
Monthly
Bathrooms Total:
2
Building Area:
1,144 Sqft
Building Features:
Exterior Lighting
Construction Materials:
Block
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.
Exterior Features
Flooring:
Tile
Garage Spaces:
1
Interior Features
Internet Address Display:
1
Internet Listing Display:
1
Listing Terms:
Cash, Conventional
Parcel Number:
01-31-34-124-2050
Stories Total:
27
Subdivision Name:
TERRAZAS RIVERPARK VILLAG
Tax Annual Amount:
$7,932
Tax Year:
2025
Virtual Tour:
Click Here
Waterfront Features
Window Features:
Impact Glass, Skylight(s)

Residential For Sale

1861 Nw North River Dr 3, Miami, Florida 33125, Miami, Florida 33125

1 Bedrooms
2 Bathrooms
1,144 Sqft
$459,900
MLS # #A11984365
Basic Details
Property Type :
Residential
Listing Type :
For Sale
Price :
$459,900
Bedrooms :
1
Bathrooms :
2
Square Footage :
1,144 Sqft
Year Built :
2010
MLS # :
A11984365
Property Sub Type :
Condominium
Agent info
Contact Agent