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1 Bed
2 Baths
1,144 sqft

$429,900

1861 NW North River 3, Miami FL, 33125

Price per sqft$375.79
Built in2010
Property size1,144 sqft
Property typeCondominium
Courtesy of Jose Lorenzo with Premier Global Brokers, LLC

Overview

Active

Listed Mar 17, 2026

Updated 12 days ago

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.

$2,860/mo

Est. mortgage payment based on a $429,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
A11984365

Interior Features

Bedrooms
1
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
No

Other Property Details

Taxes
$7,932
Tax Frequency
Annually
Garage
Yes
View
Yes
Pets Allowed
Yes
Waterfront
Yes
55+/Senior Community
Yes
MLS provider logo

Courtesy of Premier Global Brokers, LLC, Jose Lorenzo,
Listing Contact: 954-549-8884 

Based on information from Martin County REALTORS of the Treasure Coast, Inc. (RAMC) as of 10/18/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

©2026 Martin County REALTORS of the Treasure Coast, Inc. All rights reserved.

Data last updated 4:24 AM UTC, 10/18/2026

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