$459,900

1861 NW North River Dr 3, Miami, FL 33125

1 bed |
2 baths |
1,144 sqft

Condominium
Built in 2010
—— sqft lot
1 car garage
$402/sqft
Listed 17 hours ago

Property 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.

Listing Status:: Active
Date Added:: March 17, 2026
Data Last Updated:: March 17, 2026 at 10:08PM
Listing Office:: Premier Global Brokers, LLC : 786-539-5473
Listing Agent:: Jose Lorenzo : 754-244-2727
MLS ID:: A11984365

General: First Floor EntryFire SprinklersPantrySkylightWalk-In Closet(s)Den/Library/Office
Appliances: DisposalMicrowaveElectric RangeRefrigerator
Laundry: Washer/Dryer Hook-Up
Flooring: Tile
A/C: Central Air
Heating: Central

General: BarbequeOpen Balcony
Style: High RisePenthouse
Other Structures: Open Balcony
Parking: 1 SpaceGuestLimited # Of VehicleNo Rv/BoatsNo Trucks/Trailers

Windows: SkylightImpact Glass
General: Concrete Block Construction

HOA Amenities: Business CenterElevator(s)Exercise RoomExterior LightingPoolSaunaSpa/Hot TubTrash Chute1409.0Monthly
Originating MLS: Miami Association of REALTORS®
County: Miami-Dade County

Zoning: TERRAZAS RIVERPARK VILLAGE CONDO UNIT RIVER PH 3 UNDIV 0.3522587% INT IN COMMON ELEMENTS OFF REC 27230-395601-31-34-124-2050
View: Garden ViewOther ViewRiverView

Source: Miami Association of REALTORS®

This listing courtesy of Jose Lorenzo , Premier Global Brokers, LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Early Beginnings Academy

1411 NW 14th Ave, Miami, FL, 33125

Grades PK-5

0.38 miles away

Citrus Grove Middle School

2153 NW 3rd St, Miami, FL, 33125

Grades 6-8

0.86 miles away

Sports Leadership of Miami Charter High School

604 NW 12th Ave, Miami, FL, 33136

Grades 9-12

0.81 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.