$320,000
1871 S River Drive 1606
Explore the area: Miami homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $320,000
- Price per sq ft
- $398
- Original price
- Unchanged
- Days on market
- 119
This 1-bedroom condo in Terrazas Riverpark Villag is listed at $320,000, or $398 per square foot. It has been on the market for 119 days.
Estimated monthly payment
$1,682 /mo
Principal and interest only, based on $64,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $991/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $320,000
- Days on Site
- 119 Days
- Bedrooms
- 1
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 804 sqft
- Total Sq Ft
- 804 sqft
- Year Built
- 2010
- Property Type
- Condo
- MLS #
- A12031375
- Property Tax
- $5,077 (2025)
- HOA Fees
- $991 / Monthly
- Subdivision
- TERRAZAS RIVERPARK VILLAG
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
Spacious 1-bedroom + den, 2 bathrooms unit at Terrazas Riverpark Village featuring luxury finishes, high-endappliances, and premium fixtures. Den area offers flexible use as an office, a guest space, or an additionalenclosed area. Large private balcony with views of the Miami River. Assigned parking space conveniently locatedon the fourth floor. Building amenities include a pool, fitness center, spa, sauna, rooftop terrace, dog park, partyroom, and 24-hour concierge. Centrally located near major highways, Miami International Airport, shopping,dining, and the Health District. The association has fully funded reserves and no special assessments
MLS media linkGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 2010
- Property Condition
- Resale
- Number of Stories
- 28
- Garage Spaces
- 0
- Parking
- Assigned / Valet
- Living Sq Ft
- 804
- Total Sq Ft
- 804
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Disposal / Microwave / Refrigerator / Washer
- Cooling
- Central Air
- Heating
- Central
- Interior Features
- Built In Features / Bedroom On Main Level / Closet Cabinetry / Eat In Kitchen / Living Dining Room / Separate Shower / Tub Shower / Walk In Closets
- Total Rooms
- 1
Exterior Features
- Construction
- CBS Concrete Block Structure / Block
- Exterior Features
- Balcony / Outdoor Living Area
- Pool Features
- Association
- Patio & Porch
- Open / Balcony
- Waterfront Features
- None / River Front
- View
- Pool / River
Community & HOA
- HOA Fee
- $991 / Monthly
- HOA Includes
- Hot Water / Maintenance Grounds / Maintenance Structure / Pools / Sewer / Trash / Water
- Association Amenities
- Business Center / Cabana / Clubhouse / Fitness Center / Maintenance Grounds / Picnic Area / Pool / Parking / Sauna / Spa Hot Tub / Trash / Elevators
- Security
- Fire Sprinkler System / Secured Garage Parking / Lobby Secured / Smoke Detectors / Security Guard
- Pets Allowed
- Yes
- Financing Terms
- Cash
- MLS Area
- 2310
This home's HOA fee works out to $991 a month, 17% below the $1,199 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
- $368,000
- Median $/Sq Ft
- $385
- Avg Days on Market
- 153
Frequently Asked Questions
- How do I schedule a tour of 1871 S River Drive 1606, Miami, FL 33125?
- Use the Tour button on this listing to request a showing of 1871 S River Drive 1606, 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 1871 S River Drive 1606, Miami, FL 33125 still available?
- 1871 S River Drive 1606, Miami, FL 33125 is currently listed as Active, and has been on the market 119 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 1871 S River Drive 1606, Miami, FL 33125?
- With 20% down ($64,000) on the $320,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1871 S River Drive 1606, Miami, FL 33125 is about $1,682/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 1871 S River Drive 1606, Miami, FL 33125?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1871 S River Drive 1606, Miami, FL 33125. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 1871 S River Drive 1606, Miami, FL 33125 have an HOA fee?
- Yes: 1871 S River Drive 1606, Miami, FL 33125 carries an HOA fee of about $991 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 1871 S River Drive 1606, Miami, FL 33125?
- 1871 S River Drive 1606, 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 1871 S River Drive 1606, Miami, FL 33125?
- Often, yes. The right offer on 1871 S River Drive 1606, 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 Homes Real Estate Group Inc.
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.
$320,000
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Listed by Ines P Carreno, Homes Real Estate Group Inc.
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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.
