Home » Miami » Terrazas Riverpark Village at 1861 South River Dr Miami » 1861 NW South River TH408, Miami, Florida 33125 | A11364158

Sold 1861 NW South River TH408, Miami, Florida 33125

$525,000
closed for a price of $535,000

Property Highlights

Listing ID A11364158 Status of this Listing: Closed Sold Property Type Residential Condominium 2 Bedrooms 2 Bathrooms Total 2 Full Bath Living Space 1,382 Sqft/128.39 m2 approx. Year Built 2010 Lease Term Minimum Duration: 182 What it means?Refers to a regulation set by the property association, stipulating that each rental agreement for the property must be for a duration of at least 182 days. This rule ensures that every time the property is rented out, the lease term cannot be shorter than the specified minimum period. Time of this property from published date until Closing Date 62 Days

1861 NW South River TH408, Miami, Florida 33125

Property Description: Beautifully appointed and furnished TOWNHOUSE in a full service building on the Miami River. Residence features 2 Bedrooms plus Den and two full baths, Master bedroom with its own balcony and Den located on the second level offering privacy. From the moment you enter you are enveloped by the peaceful view which overlooks the Park and Miami River. Residence comes with porcelain floor, modern kitchen with stainless steel appliances, washer and dryer in the unit. Building offers Pool, Gym, BBQ area and relaxing common areas. One of the few units with two assigned and covered parking spaces plus extra storage space. Easy access to major highways. Minutes from Brickell, beaches and Miami International Airport. Great for investor unit rented at $3700 per month through April 2024.

Useful Info

Contingency:No Contingencies
Original List Price:$525,000
Close Price:$535,000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • New Construction
Architectural
Style:
  • High Rise
  • Split-level
Levels:Two
Entry Level (floor):4
Entry Level Location:4
Construction Materials:
  • Block
Flooring:
  • Tile
Number of stories:6
Possible Use:
  • Investment

Property Features

Has View:Yes
View from the Property:
  • Water
  • River
Waterfront:No
Waterfront Features:
  • Canal Front
Furnished:
  • Furnished
Appliances:
  • Dishwasher
  • Refrigerator
  • Electric Range
Interior Features:
  • First Floor Entry
  • Split Bedrooms
  • Walk-in Closet(s)
  • Closet Cabinetry
  • Bedroom On Main Level
  • Vaulted Ceiling(s)
  • Upper Level Primary
Exterior Features:
  • Security/high Impact Doors
  • Balcony
Patio and Porch Features:
  • Balcony
  • Open
Window Features:
  • Blinds
  • Impact Glass
Air Conditioning:Yes
Air Conditioning System:
  • Electric
Heating:Yes
Heating System:
  • Electric
Property Entrance Faces:
  • North

Taxes and Expenses

Tax Annual Amount:$6,601

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2022
Association Fee:$1,223
Association Fee Frequency:
  • Monthly

Terms

Disclosures:
  • Owner Is Listing Agent
Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Tenant
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Cash
Lease Considered:Yes

Community

Pets Allowed?:
  • Yes
  • No Pet Restrictions
Amenities Provided by the Homeowner's Association (HOA):
  • Elevator(s)
  • Fitness Center
Subdivision Name:TERRAZAS RIVERPARK VILLAG
Association Fee Includes:
  • Maintenance Grounds
  • Sewer
  • Water
  • Trash
  • Pool(s)
  • Security
  • Common Areas
  • Association Management
  • Amenities
Complex Name:Terrazas River Park Villa
Senior Community:No
Restrictions: OK To Lease

Parking

Garage:Yes
Garage Spaces:2
Covered Spaces:2
Attached Garage:Yes
Parking Features:
  • Garage
  • Two Or More Spaces
  • Attached

Utilities

Utilities Available:
  • Cable Not Available

More Details

Other Information:
Unit ViewRiver,Water View
Housing Older Persons ActNo HOPA
Water AccessNone
Buy StateTexas
Unit DesignHigh Rise,Split Level
Type of AssociationCondo
Minimum Number of Days for Lease182
Type of Governing BodiesCondominium
Tax InformationTax Reflects No Exemptions
Buyer Country of ResidenceUSA
Number of times allowed to lease per year2
Flood ZoneX
Homeowner's Association Application Fee100
Rooms DescriptionDen/Library/Office
Style Condo 5+ Stories
FEMA Flood Zone DesignationsX
Municipal Code1
Subdivision Number124

Zoning and Legal

Tax Legal Description:TERRAZAS RIVERPARK VILLAGE CONDO UNIT RIVER LOFT B08 UNDIV 0.4255433% INT IN COMMON ELEMENTS OFF REC 27230-3956
Real Estate Folio Number (Parcel Number):01-31-34-124-0120
Public Survey Township:1
Public Survey Range:31
Public Survey Section:34

Listing History

Update/EventDate/Days
Published Date:March 30, 2023 12:00 am
On Market Date:March 29, 2023
Close Date:May 31, 2023
Price Change Date Time:March 29, 2023 12:51 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:June 5, 2023 1:01 pm
Status Last Changed:June 5, 2023 1:01 pm
Photos Last Modified:March 30, 2023 2:15 pm
Last Modified:June 5, 2023 5:01 pm
Days on the Market (updated on Last Modified*):19
Cumulative Days on the Market (updated on Last Modified**):19

Additional Information

Unit Location:High Rise,Split Level
Number of Photos:46
Location:,,
Included:,,
Area:31
Automated Valuation Display:Yes
Courtesy of:Cayhill Dumott Realty LLC
Universal Property Id:US-12025-N-0131341240120-R-N

Location

Show Property Address:Yes
Street Name:South River
Street Number:1861
Street Direction Prefix:NW
Street Address:1861 NW South River TH408
Unit Number:TH408
City : Miami
State : Florida
Zip Code : 33125
County : Miami-Dade County
Full Address:1861 NW South River TH408, Miami, Florida 33125
Latitude:N25° 47' 6.8''
Longitude:W81° 46' 26.7''

Neighborhood

Postal City:Miami

Property Map

Mortgage Calculator

Please note: The calculator shows the current listing asking price as home value. Update all fields at your convenience.

Calculate Your Mortgage Payment

$.00
$.00
6.5
30

Taxes and Insurance

$.00
$.00
%

Financial Analysis

%

%

$

$

$

$

$