1861 NW S River Dr # 1408, Miami FL 33125, MIAMI, FL, 33125
Active112 days on marketListed Apr 28, 2026MLS #A12009327
About this home
1861 NW S River Dr # 1408, Miami FL 33125
LOCATION, LOCATION, LOCATION !!! Gorgeous 2/2 Furnished condo with amazing views to the Miami River. Large balcony for enjoy the sunset !! Building lobby and pool deck designed by interiors by Steven G. Beautiful pool overlooking the Miami river, sauna, gym, party room, bbq grill area and business center with free Wi-Fi. Just minutes away from the airport, major expressways, beaches, downtown, Brickell, Wynwood, Miami design district & coral gables. MUST SEE!
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
975
Sqft
1
Garage
2010
Year built
$3
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Principal and interest plus estimated taxes and insurance. Run your own numbers below.
$182 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$182/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs TERRAZAS RIVERPARK VILLAG
$3 vs $394
Days on market
112 vs 66 typical
Where $3/sqft sits among the 17 homes for sale in TERRAZAS RIVERPARK VILLAG
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Flagami
Get to know Miami. See the full Miami guide →
Flagami — neighborhood snapshot
Population
55,032
Median age
48
Median income
$56,604
Median home value
$362,933
Avg household
3
Households w/ children
5,140
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Miami market
$508K → $590K
Miami median sold, yr/yr
97.6%
Sale-to-list ratio (12 mo)
0 of 17
TERRAZAS RIVERPARK VILLAG have cut their price
Median sold price, Miami, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 99% below the MIAMI 33125 median. See the full Miami market guide →
Paper trail
This home's history
Reality check
What actually sold near 1861 NW S River Dr # 1408
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jan ’26$350,000
1861 NW S River Dr # 1801, Miami FL 33125 · same community
2 bd · 2 ba · 967 sqft · $362/sqft · 112 DOM
Sold · Jan ’26$390,000
1861 NW S River Dr # 1410, Miami FL 33125 · same community
2 bd · 2 ba · 1,002 sqft · $389/sqft · 315 DOM
Sold · Aug ’25$400,000
1861 NW S River Dr # 1110, Miami FL 33125 · same community
2 bd · 2 ba · 1,002 sqft · $399/sqft · 27 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Iain Robinson
Broker Associate · CENTURY 21 Edge
Tours, negotiation, and every question about 1861 NW S River Dr # 1408 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1861 NW S River Dr # 1408 — before you fall in love.
See it in person
Schedule a tour
Live availability from Iain's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
1861 NW S River Dr # 1408 FAQs
What would the monthly payment be for 1861 NW S River Dr # 1408, Miami FL 33125?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $182/mo — principal and interest, estimated property taxes and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
Are pets allowed at 1861 NW S River Dr # 1408, Miami FL 33125?+
The listing reports pets: Restrictions Or Possible Restrictions. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Miami?+
At $3,000, this home is listed about 100% below the Miami median of $610,000. The market section on this page shows how the area is trending.
Which schools are assigned to 1861 NW S River Dr # 1408, Miami FL 33125?+
Henry M. Flagler Elementary School (elementary), Kinloch Park Middle School (middle), South Miami Senior High School (high), District Instructional Center (Dic) (), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Under the MIAMI 33125 market on paper
$3,000 is 99% below the MIAMI 33125 median of $277,450, and at $3/sqft it sits under the Miami average of $651.
02Move-in furnished
The furniture conveys — a genuine head start for a second home or rental, and one less five-figure line item after closing.
03The price has already moved
Listed at $3,500, now $3,000 — a $500 cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of Aura Realty, LLC. · Pamela Piedrahita. MLS #A12009327.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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