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For sale
    • Price cut: $14K (8/24)
    $445,900

    1861 NW North River Dr #3, Miami, FL 33125

    1beds
    1,144sqft
    : 
    $4,427/mo
    Get pre-qualified
    Condominium
    Built in 2010
    -- sqft lot
    $433,000 Zestimate®
    $390/sqft
    $1,409/mo HOA

    What's special

    Loft-style layoutRare two-level floor planAbundant natural lightSoaring ceilingsRiverfront access
    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.
    161 days
    |
    102
    |
    12
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jose Lorenzo 954-549-8884,

    Premier Global Brokers, LLC

    Source: MIAMI,MLS#: A11984365MLS LogoOriginating MLS: A-Miami Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Den/Library/Office
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Disposal, Microwave, Electric Range, Refrigerator
      • Laundry: Washer/Dryer Hook-Up
      Features
      • Pantry, Walk-In Closet(s)
      • Flooring: Tile
      • Doors: High Impact Doors
      • Windows: Skylight(s), Impact Glass
      Interior area
      • Total structure area: 1,144
      • Total interior livable area: 1,144 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: 1 Space, Guest, Limited # Of Vehicle, No Rv/Boats, No Trucks/Trailers
      • Attached garage spaces: 1
      Features
      • Entry location: First Floor Entry
      • Exterior features: Barbecue, Balcony
      • Pool features: Association
      • Spa features: Community
      • Has view: Yes
      • View description: Garden, Other, River
      • Has water view: Yes
      • Water view: River
      • Waterfront features: River
      Details
      • Parcel number: 0131341242050

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Concrete Block Construction
      Condition
      • Year built: 2010
      Details
      • Builder model: Pent House

      Community & HOA

      Community
      • Security: Fire Sprinkler System, Smoke Detector, Complex Fenced, Elevator Secure, Security Guard
      • Application fee: $100
      • Pet fee: $500
      • Subdivision: Terrazas Riverpark Villag,Terrzas Miami
      HOA
      • Has HOA: Yes
      • Amenities included: Business Center, Elevator(s), Fitness Center, Exterior Lighting, Pool, Sauna, Spa/Hot Tub, Trash
      • HOA fee: $1,409 monthly
      Location
      • Region: Miami

      Financial & listing details

      • Price per square foot: $390/sqft
      • Annual tax amount: $7,932
      • Date on market: 3/17/2026
      • Listing terms: All Cash,Conventional

        Estimated market value

        $433,000

        $411,000 - $455,000

        $2,368/mo

        Price history

        DateEventPrice
        8/24/2026Price change$445,900-3%$390/sqft
        Source: MIAMI #A11984365 Report a problem
        3/17/2026Listed for sale$459,900-1.1%$402/sqft
        Source: MIAMI #A11984365 Report a problem
        2/1/2025Listing removed$464,900$406/sqft
        Source: MIAMI #A11607411 Report a problem
        8/28/2024Price change$464,900-1.1%$406/sqft
        Source: MIAMI #A11607411 Report a problem
        8/16/2024Listing removed--
        Source: MIAMI #A11607387 Report a problem
        6/18/2024Listed for rent$3,150$3/sqft
        Source: MIAMI #A11607387 Report a problem
        6/1/2024Listing removed--
        Source: MIAMI #A11460673 Report a problem
        1/12/2024Listing removed$469,900-1.1%$411/sqft
        Source: MIAMI #A11460673 Report a problem
        11/17/2023Price change$474,900-1%$415/sqft
        Source: MIAMI #A11460673 Report a problem
        10/19/2023Listed for sale$479,900$419/sqft
        Source: MIAMI #A11460673 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Allapattah

        Getting around

        66 / 100
        Somewhat Walkable
        57 / 100
        Good Transit
        42 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Middle: Citrus Grove
        • High: Miami Jackson

        Source: MIAMI. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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