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1861 NW S River Drive # 2408, Miami FL 33125

Condo/Co-op For Sale
$350,000

BTC: 4.49784746

ETH: 145.83333333

-$20K (2026/08/07)
83 days
Waterfront
1 bds
2 ba
987 sqft

Overview

Beautifully maintained Unit 2408 at Terrazas Riverpark Village offers one of its most desirable features: river views that can be enjoyed from the living area and private balcony. This well-maintained residence reflects pride of ownership and is move-in ready. Ideally situated with easy access to major highways, Brickell, Downtown Miami, Miami International Airport, shopping, dining, and entertainment. A rare and valuable highlight of this residence is the two assigned covered parking spaces, a highly sought-after feature that adds exceptional convenience and value. This unit combines comfort, an excellent location, scenic river views, and practicality, making it an outstanding opportunity for both homeowners and investors.

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / Assigned / Detached / Limited # Of Vehicle / No Boats / Parking Garage / Valet / No Rv/Boats
Year Built:
2010
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$355
Cooling:
Central Air
HOA:
$1,216

Valuation

Our model vs. what's actually selling nearby.
Estimate
$475,000
$325K – $660K
Confidence Low
List vs. estimate
$125K below estimate
List $350,000 · -26.3%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$354
-37.4% vs. city median $566
Based on
1562 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $367K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$6,011
2025
HOA
$1,216/mo
Pool
Community
View
River, River View
Waterfront
River
Garage
2 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Electric Water Heater

    • Dishwasher

    • Disposal

    • Dryer

    • Ice Maker

    • Microwave

    • Electric Range

    • Refrigerator

    • Self Cleaning Oven

    • Wall Oven

    • Washer

    Other interior features

    • Lobby

    • Elevator

    • Storage

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 2

  • Parking

    • 2 Or More Spaces

    • Assigned

    • Detached

    • Limited # Of Vehicle

    • No Boats

    • Parking Garage

    • Valet

    • No Rv/Boats

    Property

    • Levels: 1

    • Pool Private: Yes

    • Exterior Features: Balcony

    Other Property Information

    • Parcel Number: 01-31-34-124-1640

    • Zoning: 4602

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Cable Connected

    • Sewer Connected

    • Water Connected

    • Cable Available

    • Sewer Available

    • Water Available

  • Other financial information

    • HOA: $1,216

    • HOA Frequency: Monthly

    • Annual tax amount: $6,011

  • Source details

    • MLS ID: B26035415

    Other facts

    • Construction Materials: Concrete Block Construction / CBS Construction

    • Pool Features: Community

    • Direction Faces: East

    • Other Structures: Livable

    • Architectural Style: One Story

    • Waterfront: Yes

    • Garage Spaces: 2

    • Garage: Yes

    • Living Area: 987

    • Water Source: Public

    • Subdivision Name: TERRAZAS RIVERPARK VILLAGE

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Volke Real Estate LLC