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 |
|---|---|
| Price | $445,900 |
| Bedrooms | 1 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,144 |
| Year Built | 2010 |
| Type | Residential |
| Sub-Type | Condo/Co-Op |
| Status | Active |
Community Information
| Address | 1861 N River Drive #3 |
|---|---|
| Area | 2310 |
| Subdivision | TERRAZAS RIVERPARK VILLAG |
| City | Miami |
| County | Miami-Dade |
| State | FL |
| Zip Code | 33125 |
| HOPA | Yes |
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 |
| Subdivision | Elevator(s), Fitness Center, Management, Parking, Pool, Sauna, Spa/Hot Tub, Trash Chute, Business Center, Maintenance |
Interior
| Interior Features | Pantry, Walk-In Closet(s) |
|---|---|
| Appliances | Disposal, Electric Range, Microwave, Refrigerator |
| Heating | Central |
| Cooling | Central Air |
| Fireplace | No |
| # of Stories | 27 |
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
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 1409 |
Listing Details
| Office | Premier Global Brokers, LLC |
|---|