Prevu by reAlpha
BuySellBlogBrowse Listings

1861 NW North River Dr 3Miami, FL 33125

For Sale

$459,900

Smart Buyer Rebate $4,599

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

·

License #3130916

·

Premier Global Brokers, LLC

·

754-244-2727

Last updated March 17, 2026

·

Source: MIAMIRE #A11984365

Listing Facts

  • TypeCondo
  • NeighborhoodAllapattah
  • Bedrooms1
  • Bathrooms2
  • Days on Prevu45
  • HOA/Maint. Fees$1,409/month
  • Taxes$7,932/year
  • Size1,144 sqft
  • Price per sqft$402

Amenities

  • Private Outdoor Space
  • Pets Allowed
  • Air Conditioning
  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

03/17/2026
Listed by Premier Global Brokers, LLC
$459,900

Property Details for 1861 NW North River Dr 3

Association

Amenities

  • Association Amenities: Business Center, Elevator(s), Exercise Room, Exterior Lighting, Pool, Sauna, Spa/Hot Tub, Trash Chute
  • Pets Allowed: Maximum 20 Lbs

Fees

  • Association Fee: $1,409.00 Monthly
  • Association Fee Includes: All Amenities, Building Exterior, Cable Tv, Common Area, Elevator, Hot Water, Insurance, Internet/Wi Fi, Manager, Parking, Pool Service, Recreation Facilities, Reserve Fund, Security, Sewer, Trash Removal, Water

Exterior

Construction

  • Property Attached: Yes
  • Stories Total: 27
  • Structure Type: Condo 5+ Stories, Condo
  • Window Features: Skylight, Impact Glass
  • Year Built: 2010
  • Year Built Details: Resale
  • Architectural Style: High Rise, Penthouse
  • Building Name: TERRZAS MIAMI
  • Construction Materials: Concrete Block Construction
  • Entry Level: 27
  • Exterior Features: Barbeque, Open Balcony

Features

  • Patio And Porch Features: Open Balcony
  • View: Garden View, Other View, River
  • Waterfront Features: River
  • Waterfront: Yes

Measurements

  • Building Area Total: 1,144
  • Building Area Units: Square Feet
  • 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: Disposal, Microwave, Electric Range, Refrigerator
  • Flooring: Tile
  • Interior Features: First Floor Entry, Fire Sprinklers, Pantry, Skylight, Walk-In Closet(s), Den/Library/Office

Measurements

  • Living Area: 1,144
  • Living Area Units: Square Feet

Rooms

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

Other

Location

  • Subdivision Name: TERRAZAS RIVERPARK VILLAG,TERRZAS MIAMI

Parking

Parking

  • Attached Garage: Yes
  • Covered Spaces: 1
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Features: 1 Space, Guest, Limited # Of Vehicle, No Rv/Boats, No Trucks/Trailers

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/Dryer Hook-Up

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 Allapattah?

This condo is listed 44% above the average price for condos in Allapattah and has been on the market for 43 less days than the typical home in this area.

What building or home owners association is the condo part of?

This condo is in the TERRZAS MIAMI building.

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. Listed on Prevu for 45 days at $459,900. This home features 1,144 square feet of living space, located in Allapattah. The median listing price for condos in this area is $669,900. Nearby schools include Citrus Grove Middle School and Miami Jackson High School. Property amenities include private outdoor space, pets allowed, air conditioning, 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.