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1861 NW S River Dr #2008
Miami, FL 33125
Listing courtesy of Premier Elite Realty Inc.. Contact: [email protected].
Lose yourself in the view. Find yourself in Miami * Perched above the Miami River with sweeping skyline and water views, this light-filled residence at Terrazas Riverpark Village offers the perfect balance of urban energy and everyday serenity. impact glass frames the ever-changing cityscape, while the open living spaces flow seamlessly onto a private balcony designed for morning coffee, sunset skies, and everything in between. The thoughtfully designed interior features porcelain flooring throughout, a modern kitchen with granite countertops and stainless-steel appliances, and a split-bedroom layout that provides both comfort and privacy. Beyond the residence, Terrazas delivers a true Miami lifestyle with resort-style amenities including a waterfront pool, fitness center, secure access, covered parking, and direct proximity to Sewell Park and the Riverwalk. Ideally positioned in the evolving Miami River District, just moments from Brickell, Downtown, Wynwood, the Health District, and Miami International Airport, this location continues to benefit from major infrastructure and redevelopment transforming the area into one of Miami’s most connected urban corridors. LEASED UNTIL SEPTEMBER 15, 2027 AT $3,100/MONTH. BUYER MUST BE PRESENT FOR THE SHOWING.
- Principal and interest
- $1,896
- Property tax
- $515
- Homeowners insurance
- $233
- HOA
- $1,374
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.