Home » Miami » Terrazas Riverpark Village at 1861 South River Dr Miami » 1861 NW S River Dr 802, Miami, FL 33125 | A11594424

Sold 1861 NW S River Dr 802, Miami, FL 33125

$310,000
closed for a price of $295,000

Property Highlights

Listing ID A11594424 Status of this Listing: Closed Sold Property Type Residential Condominium 1 Bedrooms 1 Bathrooms Total 1 Full Bath Living Space 670 Sqft/62.25 m2 approx. Building Area 670 Sqft/62.25 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 143 Days

1861 NW S River Dr 802, Miami, FL 33125

Property Description: Discover this incredible investment opportunity in the heart of Miami! Situated near vibrant downtown, Brickell, Port of Miami and Miami Int 'l Airport, this 1/1 condo offers unparalleled convenience with easy access to major highways. Unit features porcelain tile floors, open kitchen concept with stainless steel appliances, new refrigerator and new washer/dryer in unit. Also includes an open balcony with views to the Miami River and skyline along with a storage unit on ground floor under A/C. Premier building amenities include guard-gated entrance, 24hr concierge services, 1 assigned covered parking, business center, fitness center, yoga room, sauna & jacuzzi, party room w/bar & kitchen, BBQ/picnic area and resort style pool. Tenant occupied paying $2,275/month, lease expires June 2025.

Useful Info

Contingency:Pending Inspections
Original List Price:$310,000
Close Price:$295,000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Architectural
Style:
  • High Rise
Entry Level (floor):8
Entry Level Location:8
Construction Materials:
  • Block
Flooring:
  • Tile
Number of stories:27
Possible Use:
  • Investment

Property Features

Has View:Yes
View from the Property:
  • City
  • River
Waterfront:Yes
Waterfront Features:
  • River Front
Swimming Pool Features:
  • Association
Security:
  • Key Card Entry
  • Security Guard
Appliances:
  • Dryer
  • Dishwasher
  • Disposal
  • Microwave
  • Refrigerator
  • Washer
  • Electric Range
Interior Features:
  • Breakfast Bar
  • Living/dining Room
  • Walk-in Closet(s)
  • Bedroom On Main Level
  • Tub Shower
Exterior Features:
  • Security/high Impact Doors
Window Features:
  • Impact Glass
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$4,255

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:2023
Association Fee:$847
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects No Exemptions

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Tenant
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Cash
Lease Considered:No

Community

Pets Allowed?:
  • Size Limit (There are size restrictions on allowed pets)
  • Yes
  • Pet Restrictions
Amenities Provided by the Homeowner's Association (HOA):
  • Business Center
  • Pool
  • Sauna
  • Bike Storage
  • Clubhouse
  • Barbecue
  • Elevator(s)
  • Fitness Center
  • Picnic Area
Subdivision Name:TERRAZAS RIVERPARK VILLAGE
Association Fee Includes:
  • Sewer
  • Water
  • Common Areas
  • Parking
  • Recreation Facilities
  • Amenities
Complex Name:TERRAZAS RIVERPARK
Senior Community:No
Restrictions:Ok To Lease

Parking

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

Public Schools Assigned

Note: provided by seller, please contact the school district to confirm the school assignment for this property address.

Elementary School:Waters Edge
High School:Miami Jackson
Middle Or Junior School:Citrus Grove

More Details

Other Information:
Unit ViewRiver,Skyline View
Housing Older Persons ActNo HOPA
Unit DesignHigh Rise
Type of AssociationCondo
Minimum Number of Days for Lease180
Type of Governing BodiesCondominium
Pet Fee250
Tax InformationTax Reflects No Exemptions
Number of times allowed to lease per year2
Flood ZoneX
Homeowner's Association Application Fee150
Style Condo 5+ Stories
FEMA Flood Zone DesignationsX
Municipal Code1
Subdivision Number124
Water Access Description:Other

Zoning and Legal

Tax Legal Description:TERRAZAS RIVERPARK VILLAGE CONDO UNIT RIVER 802 UNDIV 0.2063054% INT IN COMMON ELEMENTS OFF REC 27230-3956
Real Estate Folio Number (Parcel Number):01-31-34-124-0370
Public Survey Township:1
Public Survey Range:31
Public Survey Section:34

Listing History

Update/EventDate/Days
Published Date:May 25, 2024 10:23 pm
On Market Date:May 25, 2024
Close Date:October 15, 2024
Price Change Date Time:May 25, 2024 7:11 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:October 18, 2024 10:55 am
Status Last Changed:October 18, 2024 10:55 am
Photos Last Modified:August 16, 2024 10:07 pm
Last Modified:October 18, 2024 2:56 pm
Days on the Market Reference Date:October 18, 2024
Days on the Market (updated on Last Modified*):117
Cumulative Days on the Market (updated on Last Modified**):117

Additional Information

Unit Location:High Rise
Number of Photos:14
Location:,,
Included:,,
Area:31
Courtesy of:RE/MAX Advance Realty II
Universal Property Id:US-12025-N-0131341240370-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 802
Unit Number:802
City : Miami
State : Florida
Zip Code : 33125
County : Miami-Dade
Full Address:1861 NW S River Dr 802, Miami, FL 33125
Latitude:N25° 47' 6.8''
Longitude:W81° 46' 26.7''

Neighborhood

Postal City:Miami

Property Map

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