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.
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.
Property Details
Price:
$459,900
MLS #:
A11984365
Status:
Active
Beds:
1
Baths:
2
Type:
Condo
Subtype:
Condominium
Subdivision:
TERRAZAS RIVERPARK VILLAG,TERRZAS MIAMI
Neighborhood:
terrazasriverparkvillag
Listed Date:
Mar 17, 2026
Finished Sq Ft:
1,144
Total Sq Ft:
1,144
Year Built:
2010
See this Listing
Schools
Middle School:
Citrus Grove
High School:
Miami Jackson
Interior
Appliances
Disposal, Microwave, Electric Range, Refrigerator
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Tile
Heating
Central
Interior Features
First Floor Entry, Fire Sprinklers, Pantry, Skylight, Walk-In Closet(s), Den/Library/Office
Laundry Features
Washer/Dryer Hook-Up
Exterior
Architectural Style
High Rise, Penthouse
Association Amenities
Business Center, Elevator(s), Exercise Room, Exterior Lighting, Pool, Sauna, Spa/Hot Tub, Trash Chute
Attached Garage YN
1
Construction Materials
Concrete Block Construction
Covered Spaces
1
Exterior Features
Barbeque, Open Balcony
Garage Spaces
1
Parking Features
1 Space, Guest, Limited # Of Vehicle, No Rv/Boats, No Trucks/Trailers
Patio And Porch Features
Open Balcony
Security Features
Fire Sprinklers, Smoke Detector, Complex Fenced, Elevator Secure, Guard At Site
View
Garden View, Other View, River
Waterfront Features
River
Window Features
Skylight, Impact Glass
Financial
HOA Fee
$1,409
HOA Fee Frequency
Monthly
Tax Year
2025
Taxes
$7,932
Map
Community
- Address1861 NW North River Dr # 3 Miami FL
- SubdivisionTERRAZAS RIVERPARK VILLAG,TERRZAS MIAMI
- CityMiami
- CountyMiami-Dade County
- Zip Code33125
Market Summary
Property Summary
- Located in the TERRAZAS RIVERPARK VILLAG,TERRZAS MIAMI subdivision, 1861 NW North River Dr # 3 Miami FL is a Condo for sale in Miami, FL, 33125. It is listed for $459,900 and features 1 beds, 2 baths, and has approximately 1,144 square feet of living space, and was originally constructed in 2010. The current price per square foot is $402. The average price per square foot for Condo listings in Miami is $672. The average listing price for Condo in Miami is $1,002,263.
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