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1871 NW S River Dr #1205
Miami, FL 33125
Listing courtesy of RE/MAX Advance Realty II. Contact: [email protected].
Experience sophisticated city living in this bright & airy 2-bed, 2-bath corner unit at Terrazas. This inviting home in the sky is filled with natural light from its floor-to-ceiling windows and private balcony. Residents enjoy an array of top-tier amenities, including 24-hour concierge, state-of-the-art gym with sauna & jacuzzi, a resort-style pool, plus a convenient Mini Mart. This prime location is all about lifestyle! You have easy access to all Miami has to offer just minutes away. Enjoy the cultural diversity of Little Havana restaurants & Calle Ocho; watch live football at loanDepot Park; hit Bayside for the fireworks or concerts; experience the lively nightlife, world-class art galleries and cultural venues of Downtown Miami; or take a short drive to either Key Biscayne or Miami Beach for a day on the water - all while being close to work at the Civic Center/Health District.
- Principal and interest
- $1,770
- Property tax
- $476
- Homeowners insurance
- $217
- HOA
- $1,056
An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.
Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.
The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.
Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.
Terrazas Riverpark Village Condo was built in 2010, according to the county property appraiser.
If it has three or more habitable stories, Florida law (s. 553.899, F.S.) requires a milestone structural inspection by December 31 of the year it reaches 30 years of age, then every 10 years; for a building of this age the first one is due by December 31, 2040. A local building official may require it at 25 years near salt water.
Condominium buildings of three or more stories also need a structural integrity reserve study (s. 718.112(2)(g), F.S.) at least every 10 years; associations formed on or before July 1, 2022 had to complete one by December 31, 2025.
Dates follow from the statutes and the year the county appraiser lists for the building, not from the association's records. Ask the association for its milestone inspection report, its most recent structural integrity reserve study and any approved or proposed special assessments, and review them before you buy.
Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.