Home » Miami » Terrazas Riverpark Village at 1861 South River Dr Miami » 1861 NW S River Dr 2503, Miami, FL 33125 | A11447015

Sold 1861 NW S River Dr 2503, Miami, FL 33125

$395,000
closed for a price of $385,000

Property Highlights

Listing ID A11447015 Status of this Listing: Closed Sold Property Type Residential Condominium 2 Bedrooms 2 Bathrooms Total 2 Full Bath Living Space 935 Sqft/86.86 m2 approx. COMMUNITY POOL Year Built 2010 Waterfront Lease Term Minimum Duration: 180 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 180 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 177 Days

1861 NW S River Dr 2503, Miami, FL 33125

Property Description: Spacious and gorgeous 2/2 apartment with breathtaking views. Unit features a modern kitchen, contemporary cabinetry, stainless steel appliances!! Resort a-like amenities: bbq area, pool, gym, party room. Excellent location next to main highways. Terrazas is strategically located 5 min away from Brickell, Downtown, Miami International Airport. Unit is tenant occupied until September 25, 2023

Useful Info

Contingency:Other
Previous Asking Price:$399,990
Original List Price:$415,000
Close Price:$385,000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Architectural
Style:
  • High Rise
  • Other
Entry Level (floor):25
Entry Level Location:25
Construction Materials:
  • Other
Flooring:
  • Ceramic Tile
Number of stories:27

Property Features

Has View:Yes
View from the Property:
  • Bay
  • Other
  • River
Waterfront:Yes
Waterfront Features:
  • Bay Front
  • River Front
Swimming Pool Features:
  • Association
Security:
  • Door Man
  • Key Card Entry
  • Elevator Secured
  • Lobby Secured
  • Complex Fenced
  • Phone Entry
Appliances:
  • Dryer
  • Dishwasher
  • Disposal
  • Microwave
  • Refrigerator
  • Ice Maker
Exterior Features:
  • Balcony
  • Other
Patio and Porch Features:
  • Balcony
  • Open
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating System:
  • Other

Taxes and Expenses

Tax Annual Amount:$4,736

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:$871
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects No Exemptions

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Tenant
Buyer Possession:
  • Other
  • Close Of Escrow
Buyer Financing:
  • Cash
Lease Considered:Yes

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Business Center
  • Pool
  • Barbecue
  • Elevator(s)
  • Fitness Center
  • Picnic Area
Subdivision Name:TERRAZAS
Association Fee Includes:
  • Maintenance Grounds
  • Water
  • Maintenance Structure
  • Common Areas
  • Association Management
  • Parking
Complex Name:Terrazas Riverpark
Senior Community:No
Development Name:Terrazas Riverpark
Restrictions: Other Restrictions

Parking

Garage:Yes
Garage Spaces:1
Covered Spaces:1
Parking Features:
  • One Space
  • Covered
  • Assigned

More Details

Other Information:
Unit ViewBay,Other View,River
Housing Older Persons ActUnverified
Water AccessOther
Unit DesignHigh Rise,Other
Type of AssociationCondo
Minimum Number of Days for Lease180
Type of Governing BodiesHomeowner Association
Tax InformationTax Reflects No Exemptions
Number of times allowed to lease per year2
Homeowner's Association Application Fee100
Style Condo 5+ Stories
Municipal Code1
Subdivision Number124
Buyer Country of ResidenceUnknown/Withheld
Water Access Description:Other

Zoning and Legal

Tax Legal Description:TERRAZAS RIVERPARK VILLAGE CONDO UNIT RIVER 2503 UNDIV 0.2879037% INT IN COMMON ELEMENTS OFF REC 27230-3956
Real Estate Folio Number (Parcel Number):01-31-34-124-0720
Public Survey Township:1
Public Survey Range:31
Public Survey Section:34

Listing History

Update/EventDate/Days
Published Date:September 5, 2023 1:55 am
On Market Date:August 31, 2023
Close Date:February 29, 2024
Price Change Date Time:January 10, 2024 9:38 am
Last Important Update Description:Closed
Date and Time of Last Important Update:March 4, 2024 1:02 pm
Status Last Changed:March 4, 2024 1:02 pm
Photos Last Modified:January 15, 2024 3:52 pm
Last Modified:March 4, 2024 6:02 pm
Days on the Market Reference Date:March 4, 2024
Days on the Market (updated on Last Modified*):153
Cumulative Days on the Market (updated on Last Modified**):153

Additional Information

Unit Location:High Rise,Other
Number of Photos:17
Location:,,
Included:,,
Area:31
Automated Valuation Display:Yes
Courtesy of:Real Estate Investments by Borrero Corp
Universal Property Id:US-12025-N-0131341240720-R-N

Location

Show Property Address:Yes
Street Name:S River Dr
Street Number:1861
Street Direction Prefix:NW
Street Address:1861 NW S River Dr 2503
Unit Number:2503
City : Miami
State : Florida
Zip Code : 33125
County : Miami-Dade County
Full Address:1861 NW S River Dr 2503, Miami, FL 33125
Latitude:N25° 47' 6.8''
Longitude:W81° 46' 26.7''

Neighborhood

Postal City:Miami

Property Map

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