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Current MLS Property Details

1861 N River Drive 3, Miami, FL 33125

Miami, FL, 33125
1861 N River Drive 3, 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
$
%
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$ /mo
Estimated principal & interest $0/mo
P&I + HOA / condo $0/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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