Sold for $260,000

$260,000

1871 NW South River Dr Unit 1704, Miami, FL 33125

1beds

637sqft

Condominium

Built in 2010

-- sqft lot

$275,100 Zestimate^®

$408/sqft

$2,277 Estimated rent

Home value

$275,100

$259,000 - $294,000

$2,277/mo

Zestimate^® history

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$2,277/mo

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$2,277/mo

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$2,570/mo

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$2,570/mo

Est. payment

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What's special

Big balconyAmazing viewNew washer and dryerStainless steel appliances

Modern and with amazing view 1 bedroom 1 bathroom ideal for an investor with river views. Big balcony, stainless steel appliances, new washer and dryer. Tenant on place until May 27th, 2026 paying $ 2,350 monthly; ideal for an investor. Terrazas are located short distance and minutes to Brickell, downtown Miami, Edgewater, Hospital area and Miami Airport. Amenities includes: swimming pool, jacuzzi, cabanas, BBQ Stations, gym, sauna, party room, business center, storage, gated with 24 hours guard. Concierge, river walk and dog park. Very close is River Landing with full restaurants and shopping. The sale is all cash. Lowest price in the building. The price reflects the upcoming special assessment expected by the end of the year; an excellent opportunity for savvy buyers.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1

Heating

None

Cooling

Central Air, Electric

Appliances

Included: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer

Features

Lobby, Walk-In Closet(s)
Flooring: Ceramic Tile

Interior area

Total structure area: 637
Total interior livable area: 637 sqft

Property

Parking

Total spaces: 1
Parking features: 1 Space, Assigned, Covered
Garage spaces: 1

Features

Exterior features: Balcony
Has view: Yes
View description: River
Has water view: Yes
Water view: River
Waterfront features: River

Details

Parcel number: 0131341242820

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

CBS Construction

Condition

Year built: 2010

Community & HOA

Community

Security: Smoke Detector, Doorman, Card Entry, Security Guard
Application fee: $150
Pet fee: $250
Subdivision: Terrazas Riverpark Villag,Terrazas Riverpark

HOA

Has HOA: Yes
Amenities included: Barbecue, Business Center, Clubhouse-Clubroom, Fitness Center
HOA fee: $760 monthly

Location

Region: Miami

Financial & listing details

Price per square foot: $408/sqft
Tax assessed value: $245,348
Annual tax amount: $4,552
Date on market: 3/19/2025
Listing terms: All Cash

Price history

Date	Event	Price
10/15/2025	Sold	$260,000-3.7%$408/sqft
Source: MIAMI #A11767164 Report a problem
10/1/2025	Pending sale	$270,000$424/sqft
Source: MIAMI #A11767164 Report a problem
7/16/2025	Price change	$270,000-8.5%$424/sqft
Source: MIAMI #A11767164 Report a problem
3/19/2025	Listed for sale	$295,000+28.3%$463/sqft
Source: MIAMI #A11767164 Report a problem
8/17/2021	Sold	$230,000-8%$361/sqft
Source: Public Record Report a problem
3/15/2018	Listing removed	$1,700$3/sqft
Source: The Orange Group #A10348371 Report a problem
10/2/2017	Listed for rent	$1,700-1.4%$3/sqft
Source: The Orange Group #A10348371 Report a problem
5/10/2017	Sold	$250,000+60.9%$392/sqft
Source: Public Record Report a problem
5/4/2017	Listing removed	$1,725$3/sqft
Source: The Real Estate Club LLC #A10256003 Report a problem
4/11/2017	Listed for rent	$1,725$3/sqft
Source: The Real Estate Club LLC #A10256003 Report a problem
11/25/2013	Sold	$155,400$244/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,799 +5.4%	$237,474 +10%
2024	$4,552 +9%	$215,886 +10%
2023	$4,178 +13.6%	$196,260 +10%
2022	$3,678 +4.8%	$178,419 +8%
2021	$3,510 -6.2%	$165,203 -6%
2020	$3,743 -0.2%	$175,748
2019	$3,752 -11.3%	$175,748 -13%
2018	$4,231	$202,009 +10.1%
2017	$4,231 +2.6%	$183,558 +10%
2016	$4,124 +8.7%	$166,871 +10%
2015	$3,793 +21.3%	$151,701 +10%
2014	$3,128 +65.6%	$137,910 +65%
2013	$1,888	$83,580
2012	$1,888	$83,580