1861 N River Drive 3, Miami, FL 33125

• 1 bed |
• 2 baths |
• 1,144 sqft

Property Description

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.

Listing Status:

Active

Date Added:

March 17, 2026

Data Last Updated:

August 6, 2026 at 5:19AM

Listing Office:

Premier Global Brokers, LLC : 786-539-5473

Listing Agent:

Jose E Lorenzo : 954-549-8884

MLS ID:

A11984365

Interior

• General: BathtubFamily/Dining RoomPantrySoaking TubSeparate ShowerUpper Level PrimaryWalk-In Closet(s)
• Appliances: Electric RangeDisposalMicrowaveRefrigerator
• Laundry: Washer HookupDryer Hookup
• Flooring: Tile
• A/C: Central Air
• Heating: Central

Exterior

• General: BalconyBarbecueLightingOutdoor Living Area
• Other Structures: BalconyOpen
• Pool: Association
• Parking: AttachedGarageGuest

Construction

• Windows: Skylight(s)
• General: Block27

Location

• HOA Amenities: Business CenterFitness CenterMaintenance GroundsManagementPoolParkingSaunaSpa/Hot TubTrashElevator(s)Common AreasCable TVHot WaterInsuranceInternetMaintenance StructurePool(s)Recreation FacilitiesReserve FundSewerSecurityTrashWater1409.0Monthly
• Originating MLS: BEACH_MIAMI
• County: Miami-Dade

Lot

• Zoning: TERRAZAS RIVERPARK VILLAGE CONDO UNIT RIVER PH 3 UNDIV 0.3522587% INT IN COMMON ELEMENTS OFF REC 27230-39560131341242050
• View: GardenOtherRiverView

Financial

• Source: BEACH_MIAMI