Price Reduced Listing
$429,900
 $2,308 est/mo Sourced by Back At You

1861 NW North River Dr 3,Miami, FL 33125

Miami, FL 33125

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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.

Details

MLS #A11984365
Listing TypeFor Sale
StyleCondominium
HOA Dues$1,409
Sub-TypeResale
StatusActive
Year2010
Days On Site221
Listing Provided ByPremier Global Brokers, LLC | Jose Lorenzo

Features

Bed(s)1
Bath(s) 2 Total
SQ Feet1,144
Garage1
PoolYes
Story(s)27
Water FrontYes
Property ViewYes

Parking

Garage Yes / NoYes
Parking FeaturesAttached, Garage, Guest, One Space

Taxes

Tax Annual Amount7932

Area Information

StateFL
CountyMiami Dade
CityMiami
Zip Code33125
Area31
Community NameTERRAZAS RIVERPARK VILLAG
Listing VS Median (in TERRAZAS RIVERPARK VILLAG)
Price:
$429,900
low | high
Med:
$299,500
80.332635496627% of Average
sqft:
1,144
low | high
Med:
803
79.807692307692% of Average
$ / sqft:
$376
low | high
Med:
$373
50.747864269167% of Average
On site:
221
low | high
Med:
238.5
92.662473794549% of Average
Sourced by Back At You

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Learn More About This Property

StateFL
CountyMiami Dade
CityMiami
Zip Code33125
Area31
Community NameTERRAZAS RIVERPARK VILLAG
Listing VS Median (in TERRAZAS RIVERPARK VILLAG)
Price:
$429,900
low | high
Med:
$299,500
80.332635496627% of Average
sqft:
1,144
low | high
Med:
803
79.807692307692% of Average
$ / sqft:
$376
low | high
Med:
$373
50.747864269167% of Average
On site:
221
low | high
Med:
238.5
92.662473794549% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $322K - $537K
sqft: 858 - 1,000
Listing Updated: October 17, 2026 at 4:45:05 PM PDT
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