1861 NW S River Dr 1504, Miami, FL 33125 — MLS photo

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1861 NW S River Dr 1504, Miami, FL 33125

Active · Condominium

$345,000

1861 NW S River Dr 1504, Miami, FL 33125

Beds
2
Baths
2
Living area
948 sq ft
$ / sq ft
$364/sq ft
Year built
2010
Lot size
—
HOA fee
$1,199
Annual tax
—

About this property

Enjoy stunning river and city views from this beautiful 2-bedroom, 2-bath condo at Terrazas Riverpark. This modern unit features an open-concept layout with floor-to-ceiling windows, a spacious balcony, and a sleek kitchen with stainless steel appliances and granite countertops. The primary suite offers a walk-in closet and an en-suite bathroom with dual sinks. Terrazas Riverpark provides top-tier amenities, including a resort-style pool, fitness center, clubhouse, and 24-hour security. Located along the Miami River, it offers easy access to Downtown Miami, Brickell, Wynwood, and major highways. Close to restaurants, shopping, and entertainment, this is a perfect opportunity for investors or homeowners looking for luxury and convenience in a prime Miami location.

Property location

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1861 NW S River Dr 1504, Miami, FL 33125

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
948 sq ft

Exterior & Structure

Property type
Condominium
Year built
2010

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,199
County
Miami-Dade
MLS listing ID
A11753807
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$1,192

Cap rate
1.5%
Net yield
1.5%
Cash-on-cash return
-14.8%
Gross yield
9.2%
Mortgage payment
$1,635/mo
Down payment
$86,250
Loan amount
$258,750
Annual NOI
$5,316

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.