1861 NW North River Dr # 3, Miami, FL 33125

Description of 1861 NW North River Dr # 3, Miami, FL 33125

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 for 1861 NW North River Dr # 3, Miami, FL 33125

Bathrooms Full

2

Bathrooms Half

0

Interior Features

First Floor Entry, Fire Sprinklers, Pantry, Skylight, Walk-In Closet(s), Den/Library/Office

Appliances

Disposal, Microwave, Electric Range, Refrigerator

Flooring

Tile

Heating

Central

Cooling

Central Air

Architectural Style

High Rise, Penthouse

Garage Spaces

1

Attached Garage

Yes

Parking Features

1 Space, Guest, Limited # Of Vehicle, No Rv/Boats, No Trucks/Trailers

Pool Private

No

Year Built Details

Resale

Building Information for 1861 NW North River Dr # 3, Miami, FL 33125

Building Name

TERRZAS MIAMI

Building Area Total

1144

Building Area Units

Square Feet

Stories Total

27

Entry Level

27

Association

Yes

Association Fee

$1,409

Association Fee Frequency

Monthly

Association Amenities

Business Center, Elevator(s), Exercise Room, Exterior Lighting, Pool, Sauna, Spa/Hot Tub, Trash Chute

Pets Allowed

Maximum 20 Lbs

Security Features

Fire Sprinklers, Smoke Detector, Complex Fenced, Elevator Secure, Guard At Site

Property Information for 1861 NW North River Dr # 3, Miami, FL 33125

Waterfront

Yes

Waterfront Features

River

View

Garden View, Other View, River

Construction Materials

Concrete Block Construction

Exterior Features

Barbeque, Open Balcony

New Construction

No

Public Records for 1861 NW North River Dr # 3, Miami, FL 33125

Parcel Number

01-31-34-124-2050

Tax Annual Amount

$7,932

Tax Year

2025

Tax Legal Description

TERRAZAS RIVERPARK VILLAGE CONDO UNIT RIVER PH 3 UNDIV 0.3522587% INT IN COMMON ELEMENTS OFF REC 27230-3956

County Or Parish

Miami-Dade County

Schools Near 1861 NW North River Dr # 3, Miami, FL 33125

Middle School

Citrus Grove

High School

Miami Jackson

School assignments are provided by the listing and should be independently verified.

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