For sale

Price increase: $349.7K (8/7)

$350,000

1861 NW S River Drive #2408, Miami, FL 33125

1beds

987sqft

$3,631/mo

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Condominium

Built in 2010

-- sqft lot

$342,400 Zestimate^®

$355/sqft

$1,216/mo HOA

What's special

Private balconyScenic river views

Beautifully maintained Unit 2408 at Terrazas Riverpark Village offers one of its most desirable features: river views that can be enjoyed from the living area and private balcony. This well-maintained residence reflects pride of ownership and is move-in ready. Ideally situated with easy access to major highways, Brickell, Downtown Miami, Miami International Airport, shopping, dining, and entertainment. A rare and valuable highlight of this residence is the two assigned covered parking spaces, a highly sought-after feature that adds exceptional convenience and value. This unit combines comfort, an excellent location, scenic river views, and practicality, making it an outstanding opportunity for both homeowners and investors.

91 days
157
8

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 2
Main level bedrooms: 1

Heating

Central, Electric

Cooling

Central Air

Appliances

Included: Cooktop, Dryer, Dishwasher, Electric Cooktop, Electric Range, Electric Water Heater, Freezer, Disposal, Ice Maker, Microwave, Oven, Range, Refrigerator, Vented Exhaust Fan, Water Heater, Washer
Laundry: In Kitchen, Washer Dryer Install Allowed

Features

Bedroom on Main Level, Elevator, Living/Dining Room, Storage
Flooring: Tile
Has fireplace: No

Interior area

Total structure area: 987
Total interior livable area: 987 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 2
Parking features: Assigned, Concrete, Detached, Garage, Garage Door Opener, Valet
Garage spaces: 2

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1
Entry location: 1861 NW S River DR, Miami 33125
Patio & porch: Covered, Balcony
Exterior features: Balcony, Outdoor Living Area
Pool features: Association
Has view: Yes
View description: River
Has water view: Yes
Water view: River
Waterfront features: None, River Front
Frontage type: Waterfront
Frontage length: 100.00,100.00

Details

Parcel number: 0131341241640
Zoning: 4602
Special conditions: Standard

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

Block, Concrete
Roof: Concrete,Flat

Condition

Resale
New construction: No
Year built: 2010

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Sewer Available, Water Available

Community & HOA

Community

Features: Gated
Security: Gated Community
Subdivision: TERRAZAS RIVERPARK VILLAGE CONDO

HOA

Has HOA: Yes
Amenities included: Bike Storage, Dog Park, Fitness Center, Maintenance Grounds, Gated, Pool, Parking, Security, Storage, Elevator(s)
Services included: Common Areas, Cable TV, Maintenance Structure, Pest Control, Pool(s), Recreation Facilities, Sewer, Security, Trash, Water, Internet
HOA fee: $1,216 monthly

Location

Region: Miami

Financial & listing details

Price per square foot: $355/sqft
Tax assessed value: $303,778
Annual tax amount: $6,011
Date on market: 6/1/2026
Cumulative days on market: 91 days
Listing terms: Cash,Conventional

Estimated market value

$342,400

$325,000 - $360,000

$2,701/mo

Price history

Date	Event	Price
8/7/2026	Price change	$350,000+99900%$355/sqft
Source: BeachesMLS #B26035415 Report a problem
8/4/2026	Price change	$350-99.9%
Source: BeachesMLS #B26035415 Report a problem
6/1/2026	Listed for sale	$370,000-14.2%$375/sqft
Source: BeachesMLS #B26035415 Report a problem
11/7/2024	Listing removed	$2,600$3/sqft
Source: BeachesMLS #F10436178 Report a problem
10/17/2024	Price change	$2,600-7.1%$3/sqft
Source: BeachesMLS #F10436178 Report a problem
9/9/2024	Price change	$2,800-6.7%$3/sqft
Source: BeachesMLS #F10436178 Report a problem
4/24/2024	Listed for rent	$3,000$3/sqft
Source: BeachesMLS #F10436178 Report a problem
4/1/2014	Sold	$431,000+77.9%$437/sqft
Source: Public Record Report a problem
11/25/2013	Sold	$242,300$245/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,072 -3.5%	$303,778 +0.4%
2024	$6,294 +4.8%	$302,713 +10%
2023	$6,009 +16.5%	$275,194 +10%
2022	$5,157 +4.8%	$250,177 +8%
2021	$4,922 -6.2%	$231,645 -6%
2020	$5,249 -0.2%	$246,431
2019	$5,260 -11.3%	$246,431 -13%
2018	$5,933	$283,254 -7%
2017	$5,933 -8%	$304,574
2016	$6,452 +0%	$304,574 +5%
2015	$6,450 +47.1%	$290,070 +50%
2014	$4,386 +311.8%	$193,380 +65%
2013	$1,065	$117,200 +1241.9%
2012	$1,065	$8,734