
1861 North River Dr, 3, Miami, FL 33125
$429,900
Experience elevated living at Terrazas Miami with this unique two-story Penthouse offering the perfect blend of space, design, and investment potential
- Beds
- 1
- Baths
- 2
- Square Feet
- 1,144
- Property Type
- Condo
- Year Built
- 2010
- Parking
- 1 spaces
- HOA Fee
- $1,409 / mo
- Annual Taxes
- $7,932
- MLS ID
- A11984365
About This Property
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
- —First Floor Entry
- —Fire Sprinklers
- —Pantry
- —Skylight
- —Walk-In Closet(s)
- —Den/Library/Office
- —Barbeque
- —Open Balcony
Location
Listed March 17, 2026 · Updated October 17, 2026 · Listing courtesy of Jose Lorenzo, Premier Global Brokers, LLC



