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
Listed by Jose E Lorenzo
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License #3130916
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Premier Global Brokers, LLC
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954-549-8884
Last updated May 31, 2026
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Source: BeachesMLS #A11984365
Listing Facts
TypeCondo
NeighborhoodNorth Sewell Park
Bedrooms1
Bathrooms2
Days on Prevu91
HOA/Maint. Fees$1,409/month
Taxes$7,932/year
Size1,144 sqft
Price per sqft$402
Amenities
Private Outdoor Space
Pets Allowed
Elevator
Parking
Swimming Pool
Location
Mortgage Calculator
Listing History
03/17/2026
Listed by Premier Global Brokers, LLC
$459,900
Property Details for 1861 N River Drive 3
Association
Amenities
Association Amenities: Business Center, Fitness Center, Maintenance Grounds, Management, Pool, Parking, Sauna, Spa Hot Tub, Trash, Elevators
Community Features: Home Owners Association
Pets Allowed: Yes
Fees
Association Fee: $1,409.00 Monthly
Association Fee Includes: Common Areas, Cable Tv, Hot Water, Insurance, Internet, Maintenance Structure, Pools, Recreation Facilities, Reserve Fund, Sewer, Security, Trash, Water
Exterior
Construction
Property Condition: Resale
Stories Total: 27
Window Features: Skylights
Year Built: 2010
Building Name: 1861
Construction Materials: Block
Entry Level: 1
Exterior Features: Balcony, Barbecue, Lighting, Outdoor Living Area
Features
Patio And Porch Features: Open, Balcony
Pool Features: Association
View: Garden, Other, River
Waterfront Features: None, River Front
Measurements
Building Area Total: 1,144
Financial
Taxes
Parcel Number: 0131341242050
Tax Annual Amount: $7,932.00
Tax Year: 2025
Interior
Features
Appliances: Electric Range, Disposal, Microwave, Refrigerator
Flooring: Tile
Interior Features: Bathtub, Family Dining Room, Pantry, Soaking Tub, Separate Shower, Upper Level Primary, Walk In Closets
Measurements
Living Area: 1,144
Rooms
Bathrooms Full: 2
Bathrooms Total Integer: 2
Bedrooms Total: 1
Other
General
Senior Community: Yes
Location
Subdivision Name: TERRAZAS RIVERPARK VILLAG
Parking
Parking
Attached Garage: Yes
Covered Spaces: 1
Garage Spaces: 1
Garage: Yes
Open Parking Spaces: 1
Parking Features: Attached, Garage, Guest
Schools
Elementary School
Elementary School: Citrus Grove (Miami-Dade)
High School
High School: Miami Jackson
Middle or Junior School
Middle Or Junior School: Citrus Grove
Utilities
Equipment
Cooling: Central Air
Has Cooling: Yes
Heating: Central
Has Heating: Yes
Laundry Features: Washer Hookup, Dryer Hookup
Frequently Asked Questions
How many bedrooms and bathrooms does this condo have?
There is 1 bedroom and 2 bathrooms in this condo at 1861 N River Drive 3.
What schools are nearby to 1861 N River Drive 3?
Nearby schools include the Citrus Grove (Miami-Dade) Elementary School, Citrus Grove Middle School, and Miami Jackson High School.
Does this condo have parking?
Yes, there is 1 parking space available for 1861 N River Drive 3.
Are pets allowed at 1861 N River Drive?
Yes, 1861 N River Drive allows pets.
What are the annual taxes for 1861 N River Drive 3?
Annual taxes for this condo are estimated at $7,932.
How does 1861 N River Drive 3 compare to other condos in North Sewell Park?
This condo is listed 21% above the average price for condos in North Sewell Park and has been on the market for 21 more days than the typical home in this area.
What building or home owners association is the condo part of?
This condo is in the TERRAZAS RIVERPARK VILLAG building.
What is the square footage on this condo?
According to the MLS, this listing is 1,144 sqft.
1861 N River Drive 3 is a 1-bedroom, 2-bath condo for sale in Miami FL 33125. On Prevu for 91 days at $459,900. This property features 1,144 square feet of living space, located in North Sewell Park. The median listing price for condos in this area is $385,000. Nearby schools include Citrus Grove (Miami-Dade) Elementary School, Citrus Grove Middle School, and Miami Jackson High School. The home offers private outdoor space, pets allowed, elevator, parking, and swimming pool. View other condo listings in Miami.
Based on information from Beaches MLS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.