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1861 NW S River Dr # 1207, Miami FL 33125
About this home
Welcome to Terrazas Riverpark Village! This 2-bedroom, 2-bath condo offers an open layout with spacious balcony and sweeping views of the Miami River and city skyline. Love the outdoors? Sewell Park is right next door, and the building is pet-friendly!Perfectly situated in the historic Miami River District, Terrazas places you just minutes from premier shopping, dining, Brickell, South Beach, and Miami International Airport. Enjoy amenities including a pool, fitness center, BBQ area, party room, business center, clubroom, and sauna. The unit comes with one assigned parking space and an extra additional parking space for purchase and a private storage unit. View the matterport for detailed view of unit.
Features
- Lobby
- Fire Sprinklers
- Split Bedroom
- Storage
- Open Balcony
- Pool Area View
- River
- Water View
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $1,916
- HOA
- $1,139 / mo
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.