How do I schedule a tour of 1861 S River Drive 2505, Miami, FL 33125?

Use the Tour button on this listing to request a showing of 1861 S River Drive 2505, Miami, FL 33125. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.

Is 1861 S River Drive 2505, Miami, FL 33125 still available?

1861 S River Drive 2505, Miami, FL 33125 is currently listed as Active, and has been on the market 246 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.

How much is the monthly payment for 1861 S River Drive 2505, Miami, FL 33125?

With 20% down ($92,000) on the $460,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1861 S River Drive 2505, Miami, FL 33125 is about $2,417/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.

How do I get pre-approved to buy 1861 S River Drive 2505, Miami, FL 33125?

Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1861 S River Drive 2505, Miami, FL 33125. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.

Does 1861 S River Drive 2505, Miami, FL 33125 have an HOA fee?

Yes: 1861 S River Drive 2505, Miami, FL 33125 carries an HOA fee of about $1,219 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.

Can I negotiate the price of 1861 S River Drive 2505, Miami, FL 33125?

Often, yes. The right offer on 1861 S River Drive 2505, Miami, FL 33125 depends on how it's priced against comparable condo sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

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246 Days on Market

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$460,000

1861 S River Drive 2505

Miami, FL 33125

TERRAZAS RIVERPARK VILLAG

Explore the area: Miami homes for sale · Miami Dade County real estate

Price Check

How this price compares

List price: $460,000
Price per sq ft: $450
Vs. nearby sales: 18.4% above
Days on market: 246

This 2-bedroom condo in Terrazas Riverpark Villag is listed at $460,000, or $450 per square foot. It has been on the market for 246 days. The 6 most recent condo sales in the closings shown below sold at a median of $380 per square foot, so the asking price is 18.4% above what comparable homes here actually sold for.

Bedrooms

Bathrooms

1,022

Living Sq Ft

2010

Year Built

Estimated monthly payment

$2,417 /mo

Principal and interest only, based on $92,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $1,219/mo HOA are not included.

Customize this estimate

Listing Snapshot

Price: $460,000
Days on Site: 246 Days
Bedrooms: 2
Total Baths: 2
Full Baths: 2
Partial Baths: 0
Living Area: 1,022 sqft
Total Sq Ft: 1,022 sqft
Year Built: 2010
Property Type: Condo
MLS #: A11949463
Property Tax: $6,466 (2025)
HOA Fees: $1,219 / Monthly
Subdivision: TERRAZAS RIVERPARK VILLAG
County: Miami Dade
Status: Active
Special Conditions: Listed As Is

About This Property

Great investment or homeowner opportunity! This remodeled corner unit offers floor-to-ceiling windows, abundant natural light, and panoramic views of the River, yachts, and breathtaking sunsets. Furniture available for purchase. Lobby, Elevators, Pool, and Building are scheduled for renovation in the next month, adding strong future value. Enjoy resort-style amenities including valet, pool, jacuzzi, sauna, renovated gym, 24/7 convenience store, party room, office space, BBQ area, and 24-hour gated security. A beautiful riverfront park next door is currently being renovated, and the building is on the River yet not in a flood zone. Two master bedrooms with en-suite bathrooms and walk-in closets on opposite sides for maximum privacy. Pets are welcome. Parking and Storage are available at an additional cost. Centrally located minutes from River Landing Shops, grocery stores, restaurants, airport (7 min), Downtown, Wynwood, Brickell (8–12 min), Miami Beach (16 min), Coral Gables (15 min), Hospital and Baseball stadium (5 min). Quiet Residential Neighborhood and fast-growing area surrounded by new construction including restaurants and soccer stadium. HOA includes water, trash, pest control, and amenities.

MLS media link

General Features

Property Type: Condo
Status: Active
Year Built: 2010
Property Condition: Updated Remodeled
Number of Stories: 27
Garage Spaces: 2
Parking: Assigned / Covered / Valet
Living Sq Ft: 1,022
Total Sq Ft: 1,022

Interior Features

Appliances: Dryer / Dishwasher / Disposal / Ice Maker / Microwave / Oven / Refrigerator / Trash Compactor / Washer
Cooling: Central Air
Heating: Central
Flooring: Ceramic Tile
Interior Features: Built In Features / Bedroom On Main Level / Closet Cabinetry / Elevator / Custom Mirrors / Multiple En Suite Bathrooms / Split Bedrooms / Walk In Closets
Windows: Skylights
Furnished: Furnished

Exterior Features

Construction: Block
Exterior Features: Balcony / Barbecue / Courtyard / Outdoor Living Area
Pool Features: Association
Patio & Porch: Deck / Open / Patio / Balcony
Waterfront: Yes
Waterfront Features: Bayfront / Canal Front / Ocean Front / River Front
View: Bay / Canal / Ocean / Pool / River / Skyline / Water

Community & HOA

HOA Fee: $1,219 / Monthly
HOA Includes: Common Areas / Hot Water / Insurance / Maintenance Grounds / Maintenance Structure / Pest Control / Pools / Recreation Facilities / Reserve Fund / Roof / Sewer / Security / Trash / Water
Association Amenities: Bike Storage / Business Center / Cabana / Fitness Center / Maintenance Grounds / Picnic Area / Pier / Pool / Sauna / Spa Hot Tub / Storage / Trash / Elevators
Community Features: Home Owners Association
Security: Security System / Elevator Secured / Secured Garage Parking / Key Card Entry / Phone Entry / Smoke Detectors / Security Fence / Security Guard
Pets Allowed: No Pet Restrictions / Yes
Financing Terms: Cash / Conventional / Exchange1031 / FHA
Restrictions: Ok To Lease
MLS Area: 2310

This home's HOA fee works out to $1,219 a month, in line with the $1,199 median across 19 homes for sale in Terrazas Riverpark Villag. See Terrazas Riverpark Villag HOA fees

About the Community

Terrazas Riverpark Villag

View Community Details →

Terrazas Riverpark Village is a waterfront condominium in Miami, built in 2010 along the Miami River near downtown. Its residences range from around $239,000 to $750,000, with a median near $375,000, covering one- and two-bedroom layouts. The building offers a riverfront setting and standard resort-style amenities, and its location keeps residents close to Brickell, the health district, and downtown Miami.

Homes for Sale: 19
Under Contract: 2
Median List Price: $368,000
Median $/Sq Ft: $385
Avg Days on Market: 153

View all 19 homes for sale in Terrazas Riverpark Villag →

Frequently Asked Questions

How do I schedule a tour of 1861 S River Drive 2505, Miami, FL 33125?: Use the Tour button on this listing to request a showing of 1861 S River Drive 2505, Miami, FL 33125. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 1861 S River Drive 2505, Miami, FL 33125 still available?: 1861 S River Drive 2505, Miami, FL 33125 is currently listed as Active, and has been on the market 246 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 1861 S River Drive 2505, Miami, FL 33125?: With 20% down ($92,000) on the $460,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1861 S River Drive 2505, Miami, FL 33125 is about $2,417/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 1861 S River Drive 2505, Miami, FL 33125?: Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1861 S River Drive 2505, Miami, FL 33125. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 1861 S River Drive 2505, Miami, FL 33125 have an HOA fee?: Yes: 1861 S River Drive 2505, Miami, FL 33125 carries an HOA fee of about $1,219 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
Can I negotiate the price of 1861 S River Drive 2505, Miami, FL 33125?: Often, yes. The right offer on 1861 S River Drive 2505, Miami, FL 33125 depends on how it's priced against comparable condo sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Miami Pro Brokers, LLC

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.

$460,000

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Listed by Bengie Bouchereau, Miami Pro Brokers, LLC

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Recently sold homes in Terrazas Riverpark Villag

These are the last 6 recorded closings in Terrazas Riverpark Villag, with the price each home actually sold for rather than what it was listed at. They closed at a median of $389 per square foot. The most recent closed on August 15, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.