About 1861 N River Drive #3
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.
Features of 1861 N River Drive #3
| MLS® # | A11984365 |
|---|---|
| USD | $445,900 |
| CAD | $615,132 |
| CNY | 元2,992,167 |
| EUR | €382,808 |
| GBP | £328,787 |
| RUB | ₽37,990,546 |
| HOA Fees | $1,409 |
| Bedrooms | 1 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Year Built | 2010 |
| Type | Residential |
| Sub-Type | Condominium |
| Restrictions | Limited # Vehicles, Other Restrictions, Parking - No Trailer, Parking - No Truck |
| Unit Floor | 27 |
| Status | Active |
| HOPA | Yes |
| Membership Equity | No |
Community Information
| Address | 1861 N River Drive #3 |
|---|---|
| Area | 2310 |
| Subdivision | TERRAZAS RIVERPARK VILLAG |
| Development | TERRZAS MIAMI |
| City | Miami |
| County | Miami-Dade |
| State | FL |
| Zip Code | 33125 |
Amenities
| Amenities | Elevator(s), Fitness Center, Management, Parking, Pool, Sauna, Spa/Hot Tub, Trash Chute, Business Center, Maintenance |
|---|---|
| Parking Spaces | 1 |
| Parking | Guest, Garage, Attached Garage, Attached |
| # of Garages | 1 |
| View | Garden, Other, River |
| Is Waterfront | Yes |
| Waterfront | None, River Front |
| Has Pool | No |
| Pets Allowed | Yes |
| Unit | Penthouse, Studio, High Rise |
| Subdivision Amenities | Elevator(s), Fitness Center, Management, Parking, Pool, Sauna, Spa/Hot Tub, Trash Chute, Business Center, Maintenance |
| Security | Fire Sprinkler System, Security Guard, Smoke Detector(s), Security Fence, Elevator Secure |
| Guest House | No |
Interior
| Interior Features | Pantry, Walk-In Closet(s) |
|---|---|
| Appliances | Disposal, Electric Range, Microwave, Refrigerator |
| Heating | Central |
| Cooling | Central Air |
| Fireplace | No |
| # of Stories | 27 |
| Master Bedroom | Master Bdrm - Upstairs, Separate Shower, Separate Tub |
Exterior
| Exterior Features | Barbecue, Lighting, Balcony |
|---|---|
| Windows | Skylight(s) |
| Construction | Block |
School Information
| Elementary | Citrus Grove (Miami-Dade) |
|---|---|
| Middle | Citrus Grove |
| High | Miami Jackson |
Additional Information
| Date Listed | March 17th, 2026 |
|---|---|
| Days on Market | 176 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 1409 |
| HOA Fees Freq. | Monthly |
| Parcel ID | 0131341242050 |
Listing Details
| Office | Premier Global Brokers, LLC |
|---|---|
| jelorenzo@yahoo.com |