1861 NW S River Dr 1003, Miami, FL 33125 — MLS photo

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1861 NW S River Dr 1003, Miami, FL 33125

Active · Condominium

$368,000

1861 NW S River Dr 1003, Miami, FL 33125

Beds
2
Baths
2
Living area
935 sq ft
$ / sq ft
$394/sq ft
Year built
2010
Lot size
—
HOA fee
$1,116
Annual tax
—

About this property

Discover the perfect blend of luxury, comfort, and convenience in this stunning 2-bedroom, 2-bathroom condo at Terrazas Riverpark Village. Built in 2010, this beautifully maintained unit offers breathtaking Miami River views and spectacular sunset scenery through expansive windows that fill the home with natural light. The spacious layout features an open-concept kitchen with contemporary cabinetry, sleek finishes, and elegant porcelain tile flooring throughout, creating the ideal space for both everyday living and entertaining. Residents enjoy resort-style amenities including a 24/7 guard-gated entrance, state-of-the-art fitness center, sauna, jacuzzi, swimming pool, party room with bar and kitchen, BBQ and picnic areas, and more. The unit also includes one assigned parking space. Perfectly located just minutes from Brickell, Downtown Miami, Wynwood, Miami International Airport, and the UM/Jackson Medical District, with convenient access to South Beach, Coral Gables, and major highways. Experience vibrant Miami living at its finest.

Property location

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1861 NW S River Dr 1003, Miami, FL 33125

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
935 sq ft

Exterior & Structure

Property type
Condominium
Year built
2010

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,116
County
Miami-Dade
MLS listing ID
A12015889
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

-$1,232

Cap rate
1.7%
Net yield
1.7%
Cash-on-cash return
-14.4%
Gross yield
8.8%
Mortgage payment
$1,745/mo
Down payment
$92,000
Loan amount
$276,000
Annual NOI
$6,146

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