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1861 NW North River Dr 3Miami, FL 33125

For Sale

$445,900

Smart Buyer Rebate $4,459

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 Lorenzo

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License #3130916

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Premier Global Brokers, LLC

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9545498884

Last updated August 24, 2026

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Source: MIAMIRE #A11984365

Listing Facts

  • TypeCondo
  • NeighborhoodNorth Sewell Park
  • Bedrooms1
  • Bathrooms2
  • Days on Prevu182
  • HOA/Maint. Fees$1,409/month
  • Taxes$7,932/year
  • Size1,144 sqft
  • Price per sqft$390

Amenities

  • Pets Allowed
  • Air Conditioning
  • Parking
  • Swimming Pool
  • Fitness Center

Location

Mortgage Calculator

Listing History

08/25/2026
Price Decreased
$445,900
03/17/2026
Listed by Premier Global Brokers, LLC
$459,900
  1. 08/25/2026$445,900
    Price Decreased
  2. 03/17/2026$459,900
    Listed by Premier Global Brokers, LLC

Property Details for 1861 NW North River Dr 3

Association

Amenities

  • Association Amenities: Fitness Center, Pool, Sauna, Spa/Hot Tub, Trash, Elevator(s), Management, Hot Water, Parking
  • Pets Allowed: Size Limit, Yes

Fees

  • Association Fee: $1,409.00 Monthly
  • Association Fee Includes: Cable TV, Insurance, Internet, Maintenance Structure, Sewer, Security, Trash, Water

Exterior

Construction

  • Property Attached: Yes
  • Stories Total: 27
  • Window Features: Skylight(s)
  • Year Built: 2010
  • Year Built Details: Resale
  • Architectural Style: High Rise, Penthouse
  • Construction Materials: Block
  • Entry Level: 27
  • Entry Location: 27
  • Exterior Features: Balcony, Barbecue

Features

  • Building Features: Exterior Lighting
  • Pool Features: Association
  • View: Garden, Other, River
  • Waterfront Features: River Front
  • Waterfront: Yes

Measurements

  • Building Area Total: 1,144
  • Lot Features: Waterfront
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 01-31-34-124-2050
  • Tax Annual Amount: $7,932.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Electric Range, Disposal, Microwave, Refrigerator
  • Flooring: Tile
  • Interior Features: Pantry, Walk-In Closet(s)

Measurements

  • Living Area: 1,144

Rooms

  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 1

Other

Location

  • Subdivision Name: TERRAZAS RIVERPARK VILLAG

Parking

Parking

  • Attached Garage: Yes
  • Covered Spaces: 1
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Features: Attached, Garage, Guest

Schools

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

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There is 1 bedroom and 2 bathrooms in this condo at 1861 NW North River Dr 3.

What schools are nearby to 1861 NW North River Dr 3?

Nearby schools include the Citrus Grove Middle School and Miami Jackson High School.

Does this condo have parking?

Yes, there is 1 parking space available for 1861 NW North River Dr 3.

Are pets allowed at 1861 NW North River Dr?

Yes, 1861 NW North River Dr allows pets. Check the Property Details for any relevant restrictions.

What are the annual taxes for 1861 NW North River Dr 3?

Annual taxes for this condo are estimated at $7,932.

How does 1861 NW North River Dr 3 compare to other condos in North Sewell Park?

This condo is listed 13% above the average price for condos in North Sewell Park and has been on the market for 68 more days than the typical home in this area.

What is the square footage on this condo?

According to the MLS, this listing is 1,144 sqft.

1861 NW North River Dr 3 is a 1-bedroom, 2-bath condo for sale in Miami FL 33125. On Prevu for 182 days at $445,900. This includes a recent price decrease of $14,000. 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 $379,450. Nearby schools include Citrus Grove Middle School and Miami Jackson High School. Property amenities include pets allowed, air conditioning, fitness center, parking, and swimming pool. Explore more condo listings in Miami.

Based on information from Miami Association of REALTORS 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.

Full MLS Disclaimers

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.