
$459,900
CondominiumActive1861 NW North River Dr # 3, Miami FL 33125
MLS #A11984365About 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.
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Blue Mar Real Estate Group
Property Details
Property Type
Condominium
Year Built
2010
Living Area
1,144 sq ft
Bedrooms
1
Bathrooms
2
Garage
1 Space
Pool
No
Waterfront
Yes
Cooling
Central Air
Heating
Central
Flooring
Tile
Construction
Concrete Block Construction
Style
High Rise, Penthouse
HOA Fee
$1,409 / Monthly
Annual Taxes
$7,932 (2025)
Days on Market
81
MLS #
A11984365
Features & Amenities
Interior
Appliances
Exterior
Other
Nearby Schools
Assigned public schools pulled from Miami-Dade County Public Schools’s official attendance-boundary data. Verify current boundaries with MDCPS before buying — zones can change year to year.
School data source: Miami-Dade County Open Data Hub
Similar Homes Nearby
Location
City
Miami
State
FL
ZIP Code
33125
County
Miami-Dade County
Listing provided by Jose Lorenzo at Premier Global Brokers, LLC. Data from Miami Association of REALTORS®. All information deemed reliable but not guaranteed. Listing #A11984365.