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1861 NW S River Dr, Miami FL 33125

Penthouse For Sale
$469,000

BTC: 7.37421384

ETH: 246.49960056

26 days
Waterfront
2 bds
2 ba
1,268 sqft

Overview

Welcome to PH-4 at Terrazas Riverpark, a beautifully upgraded two-story penthouse in the heart of Miami. This loft-style residence features soaring ceilings, floor-to-ceiling windows, abundant natural light, and a private balcony with river and city views. Upgrades include a completely remodeled kitchen completed in 2026, new A/C installed in December 2025, tankless water heater, in-unit washer/dryer, assigned parking, storage, and a flexible home office/den space. Building offers full reserves, a newly updated lobby, upcoming waterfront dock, pool, fitness center, BBQ area, recreation spaces, and security. Centrally located near Downtown Miami, Brickell, Jackson Hospital, MIA, shopping, dining, and major highways.

Location

Details

Type:
Residential
Parking:
1 Space / Additional Spaces Available / Covered
Year Built:
2010
Lot:
No Data
Heating:
Electric
Price/sqft:
$370
Cooling:
Central Air
HOA:
$1,409

Valuation

Our model vs. what's actually selling nearby.
Estimate
$600,000
$405K – $889K
Confidence Low
List vs. estimate
$131K below estimate
List $469,000 · -21.8%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$369
-69.4% vs. city median $1,208
Based on
25 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $350K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$8,702
2025
HOA
$1,409/mo
View
River, Water View
Waterfront
River
Garage
1 car garage
All facts and features
  • Heating

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Range

    • Electric Water Heater

    • Microwave

    • Refrigerator

    • Self Cleaning Oven

    • Washer

    Other interior features

    • First Floor Entry

    • Cooking Island

    • Pantry

    • Volume Ceilings

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • 1 Space

    • Additional Spaces Available

    • Covered

    Property

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 01-31-34-124-2060

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $1,409

    • HOA Frequency: Monthly

    • Annual tax amount: $8,702

  • Source details

    • MLS ID: A12042284

    Other facts

    • Construction Materials: CBS Construction

    • Patio And Porch Features: Open Balcony

    • Window Features: Blinds / High Impact Windows / Impact Glass

    • Direction Faces: West

    • Architectural Style: High Rise / Penthouse / Split Level

    • Waterfront: Yes

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 1268

    • Subdivision Name: TERRAZAS RIVERPARK VILLAGE

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

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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: Avenew Boutique Corp