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For sale

1861 NW S River Dr

Miami, FL 33125

$375,000

$385/ft²

2Beds
2Baths
975Sq ft
2010Year built
CondoType

About this home

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.

Features

  • Waterfront

Property details

Listing

MLS #
A12024665
Status
For sale
Listed on
May 24, 2026
Days on market
77 days
Listing data updated
Aug 8, 2026

Interior

Beds
2
Baths
2
Living area
975 ft²
Price per ft²
$385/ft²
Unit
2008

Building & community

Type
Condo
Year built
2010
HOA fee
$1,374/mo
County
Miami-Dade

Lot & exterior

Waterfront
Yes

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest)
$1,896
Property taxes (est.)
$344
Home insurance (est.)
$317
Flood insurance (est.)
HOA fee
$1,374

Estimated total$3,931*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?

Building structural health (SIRS)

No filing record found

We couldn't find a SIRS filing record for this building in Florida's public DBPR database. That is not a red flag by itself: buildings under three stories are exempt, recent or mailed-in filings may not appear yet, and the name or address on file may differ from this listing.

Questions about this

What is a SIRS and why does it matter?

Since the Surfside collapse, Florida requires condo and co-op buildings three stories or taller to complete a Structural Integrity Reserve Study: an inspection-based plan that forces the association to fund structural repairs (roof, load-bearing walls, plumbing, electrical) instead of deferring them. It matters because underfunded buildings are the ones that surprise owners with large special assessments.

Has this building filed its SIRS?

We didn't find a filing record for this building in the DBPR's public database. Absence of a record does not mean the building is out of compliance — it may be exempt (under three stories), the filing may be recent or on paper, or the recorded name/address may differ. It IS the right question to ask before offering.

What is a special assessment?

A one-off charge the association levies on every owner when reserves don't cover a needed repair — in older coastal buildings they have ranged from a few thousand to over $100,000 per unit. The SIRS exists precisely to make these predictable and funded in advance. Always review the building's budget, reserves and meeting minutes before buying.

What should I check before buying in this building?

Florida law gives buyers the right to review the association's SIRS, milestone inspection reports, budget and reserves — the full study is available from the association by written request. Nilyan requests and walks through these documents with her buyers as part of the offer process.

Source: Florida DBPR public SIRS reporting database. Filing status is self-reported by the association; this is not an audit, inspection or safety certification, and absence of a record does not mean non-compliance. Data as of July 30, 2026.

Want the full structural picture of this building before you offer?

Location

Mortgage calculator

$1,896/moEstimated principal & interest. Taxes, insurance, and HOA are not included. This is an estimate, not a quote or financial advice.

Equal Housing Opportunity

This listing is courtesy of Premier Elite Realty Inc..

Ana Maria Roque · 305-978-7876 · anamaria@anamariaroque.com · 305-279-8814

Data deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.

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