Current MLS Property Details
1861 N River Drive 3, Miami, FL 33125
Miami, FL, 33125
About This Property
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.
Property Details
Property Type
Condominium
Subdivision
TERRAZAS RIVERPARK VILLAG
Development
TERRAZAS RIVERPARK VILLAG
County
Miami-Dade
Waterfront
Yes
Association Fee
$1,409 Monthly
Original List Price
$459,900
MLS ID
A11984365
Updated
Aug 24, 2026
Quick Payment Estimate
What might this home cost each month?
Starting rate:
6.66%
30 year fixed national average
· updated Aug. 27, 2026
$
%
%
$
/mo
Taxes, insurance, flood coverage and PMI are not included here.
HOA / condo fee prefilled from MLS
Rate is editable and is not a lender quote.
Listing Office: Premier Global Brokers, LLC • 786-539-5473
Listing Agent: Jose E Lorenzo • 954-549-8884
MLS ID: A11984365
Property information is displayed from the site's BeachesMLS IDX data feed. Information is subject to change and should be independently verified.
Property Location
Where is this property?
1861 N River Drive 3, Miami, FL 33125 · Miami, FL, 33125
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