TERRAZAS RIVERPARK VILLAG,TERRZAS MIAMI
1861 NW North River Dr # 3, Miami FL 33125
1 beds · 2 baths · 1,144 ft²
$459,900
Est. Payment $2,448/mo
1
Bedrooms
2
Bathrooms
1,144
Sq. Ft.
2010
Year Built
1
Garage
27
Stories
50
Days on Market
Description
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.
Facts
- MLS#
- A11984365
- Subdivision
- TERRAZAS RIVERPARK VILLAG,TERRZAS MIAMI
- Property Type
- Residential
- Property Sub Type
- Condominium
- Year Built
- 2010
- Lot Size
- 0 sqft
- Sq. Ft.
- 1,144 ft²
- Sq. Mt.
- 106 m²
- Price per sq. ft.
- $402/ft²
- Price per sq. mt.
- $4,339/m²
- Stories
- 27
- Garage
- 1 spaces
- Pool
- —
- Days on Market
- 50 days
- Listed
- Mar 17, 2026
- Last Updated
- May 6, 2026
- Price/Lot Sq.Ft.
- —
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Market insights for Miami
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
May 2026
47
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 3/17/2026 | Listed for sale | $459,900 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Aventura City Of Excellence SchoolKG,1,2,3,4,5,6,7,8 · charter · 0.4 mi
Biscayne AcademyUG · private · 0.6 mi
Philosophical and Spiritual UniversityUG · private · 0.7 mi
Norman S. Edelcup/Sunny Isles Beach K-8PK,KG,1,2,3,4,5,6,7,8 · public · 0.8 mi
Spirit Of Christ Child Development Center & AcademyPK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.9 mi
Spirit Of Christ Child Development CenterPK,KG · private · 0.9 mi
Spirit of Christ Child Development AcademyPK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.9 mi
Ojus Elementary SchoolPK,KG,1,2,3,4,5 · public · 0.9 mi
SmartKids MiamiPK,KG · private · 0.9 mi
St Lawrence Elementary SchoolKG,1,2,3,4,5,6,7,8 · private · 1.0 mi
Estimated Monthly Payment
$2,981/mo
Principal & Interest
$2,448
Property Tax
$383
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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