$239,000
1861 S River Drive 702
Explore the area: Miami homes for sale · Miami Dade County real estate
Price Check
How this price compares
- Asking price
- $239,000
- Price per sq ft
- $357
- Original price
- $299,000
- Days on market
- 199
This 1-bedroom condo in Terrazas Riverpark Villag went under contract with an asking price of $239,000, or $357 per square foot. The asking price has come down 20.1% from its original $299,000. It spent 199 days on the market before going under contract.
Estimated monthly payment
$1,256 /mo
Principal and interest only, based on $47,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $826/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $239,000
- Days on Site
- 199 Days
- Bedrooms
- 1
- Total Baths
- 1
- Full Baths
- 1
- Partial Baths
- 0
- Living Area
- 670 sqft
- Total Sq Ft
- 670 sqft
- Year Built
- 2010
- Property Type
- Condo
- MLS #
- A11928593
- Property Tax
- $4,645 (2025)
- HOA Fees
- $826 / Monthly
- Subdivision
- TERRAZAS RIVERPARK VILLAG
- County
- Miami Dade
- Status
- Under Contract
About This Property
Step into this bright and inviting 1-bedroom, 1-bath condo, where sunshine fills every corner through expansive windows and two private balconies—perfect for morning coffee, evening unwinding, or enjoying fresh air throughout the day. This thoughtfully designed home offers an open living area that flows seamlessly into the dining space and kitchen, creating a warm, welcoming atmosphere ideal for relaxing or entertaining.Convenience is unmatched: the condo sits on the same level as the building’s gym and amenities, giving you effortless access to fitness facilities, lounges, and shared spaces without the need for elevators or long walks. Whether you’re squeezing in a quick workout, meeting friends, or enjoying the building’s perks, everything is just steps from your door.With abundant natural light, functional layout, and rare dual balconies, this condo offers comfort, ease, and a lifestyle of everyday convenience. Perfect as a primary residence, pied-à-terre, or investment property—your sunny sanctuary awaits.
MLS media linkGeneral Features
- Property Type
- Condo
- Status
- Under Contract
- Year Built
- 2010
- Number of Stories
- 24
- Garage Spaces
- 1
- Attached Garage
- Yes
- Parking
- Attached / Covered / Garage
- Living Sq Ft
- 670
- Total Sq Ft
- 670
Interior Features
- Appliances
- Dryer / Dishwasher / Washer
- Cooling
- Electric
- Heating
- Electric
- Flooring
- Tile
- Interior Features
- Bathtub / Soaking Tub / Separate Shower
- Furnished
- Unfurnished
Exterior Features
- Construction
- Block
- Exterior Features
- Outdoor Living Area
- Pool Features
- Association
- Patio & Porch
- Patio
- Waterfront
- Yes
- Waterfront Features
- River Front
- View
- River
Community & HOA
- HOA Fee
- $826 / Monthly
- HOA Includes
- Sewer / Trash / Water
- Association Amenities
- Pool / Spa Hot Tub / Trash
- Community Features
- Home Owners Association
- Security
- Elevator Secured / Fire Alarm / Secured Garage Parking / Lobby Secured / Security Fence
- Pets Allowed
- Dogs Ok / Yes
- Financing Terms
- Cash / Conventional / FHA
- MLS Area
- 2310
This home's HOA fee works out to $826 a month, 31% below the $1,191 median across 19 homes for sale in Terrazas Riverpark Villag. See Terrazas Riverpark Villag HOA fees
Schools
- Elementary School
- Citrus Grove (Miami-Dade)
- Middle School
- Citrus Grove
- High School
- Miami Jackson
About the Community
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
- $360,000
- Median $/Sq Ft
- $385
- Avg Days on Market
- 155
Frequently Asked Questions
- How do I schedule a tour of 1861 S River Drive 702, Miami, FL 33125?
- Use the Tour button on this listing to request a showing of 1861 S River Drive 702, 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 702, Miami, FL 33125 still available?
- 1861 S River Drive 702, Miami, FL 33125 is currently listed as Under Contract, and has been on the market 199 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 702, Miami, FL 33125?
- With 20% down ($47,800) on the $239,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1861 S River Drive 702, Miami, FL 33125 is about $1,256/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 702, 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 702, 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 702, Miami, FL 33125 have an HOA fee?
- Yes: 1861 S River Drive 702, Miami, FL 33125 carries an HOA fee of about $826 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 1861 S River Drive 702, Miami, FL 33125?
- 1861 S River Drive 702, Miami, FL 33125 is zoned for Citrus Grove (Miami-Dade) (elementary), Citrus Grove (middle), Miami Jackson (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 1861 S River Drive 702, Miami, FL 33125?
- Often, yes. The right offer on 1861 S River Drive 702, 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 CRANELUXE
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.
$239,000
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Listed by Amy S. Lawrence, CRANELUXE
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Recent Sales
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.
Sold$370,000
Sold · August 15, 2026
1861 S River Drive 705
2 bed · 2 bath · 1,022 sqft · $362/sqft
$49,000 under the asking price
Sold$355,000
Sold · May 20, 2026
1871 S River Drive 1407
2 bed · 2 bath · 887 sqft · $400/sqft
$30,000 under the asking price
Sold$379,000
Sold · May 20, 2026
1861 S River Drive 1005
2 bed · 2 bath · 1,022 sqft · $371/sqft
$20,000 under the asking price
Sold$290,000
Sold · April 27, 2026
1871 S River Drive 1506
1 bed · 2 bath · 804 sqft · $361/sqft
$5,000 under the asking price
Sold$265,000
Sold · February 23, 2026
1861 NW S River Drive 1002
1 bed · 1 bath · 670 sqft · $396/sqft
$15,000 under the asking price
Sold$390,000
Sold · January 31, 2026
1861 NW S River Drive 1410
2 bed · 2 bath · 1,002 sqft · $389/sqft
$9,000 under the asking price
See every recorded sale in Terrazas Riverpark Villag or find out what your Terrazas Riverpark Villag home is worth.
