FL Real Estate & Homes • (561) 835-5400Mortgage Title List & Sell for 1% Get Home Value
$459,900111 days on marketActive

1861 N River Drive 3, Miami, FL 33125

Miami, FL 33125
1
Beds
2
Baths
1,144
Sq Ft
$402
$/Sq Ft
2010
Year Built
1 car
Garage

Listing Snapshot

List Price$459,900
Price / Sq Ft$402
Beds1
Baths2
Living Area1,144 sqft
Year Built2010
Property Tax$7,932/yr
HOA / Condo Fee$1,409 / monthly
MLS #1155376479
StatusActive
Days on Market111

About This Home

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.

General Features

Property Type
Residential
Sub-type
Condominium
Stories
27
Attached Garage
Yes
Garage Spaces
1
Parking
Attached,Garage,Guest
Security
ElevatorSecured,FireSprinklerSystem,SmokeDetectors,SecurityFence,SecurityGuard
Subdivision
TERRAZAS RIVERPARK VILLAG

Interior Features

Appliances
ElectricRange,Disposal,Microwave,Refrigerator
Flooring
Tile
Heating
Central
Cooling
CentralAir
Interior Features
Bathtub,FamilyDiningRoom,Pantry,SoakingTub,SeparateShower,UpperLevelPrimary,WalkInClosets
Laundry
WasherHookup,DryerHookup
Window Features
Skylights

Exterior Features

Construction
Block
Exterior Features
Balcony,Barbecue,Lighting,OutdoorLivingArea
Patio / Porch
Open,Balcony
Pool Features
Association
View
Garden,Other,River
Waterfront
No
Waterfront Features
None,RiverFront

Community Features

Community Features
HomeOwnersAssociation
Association Amenities
BusinessCenter,FitnessCenter,MaintenanceGrounds,Management,Pool,Parking,Sauna,SpaHotTub,Trash,Elevators
Association Dues
$1,409 / monthly
MLS Area
2310

Schools

ElementaryCitrus Grove (Miami-Dade)
MiddleCitrus Grove
HighMiami Jackson

Map

Virtual Tour

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Listed by Jose Lorenzo · Premier Global Brokers, LLC
MLS# 1155376479 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.

Interested in this home?

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Estimate Your Payment

$

20% down · Loan: $367,900

%
Est. Monthly$4,580
Principal & Interest$2,510
Property Tax$661
HOA$1,409

Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.

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