$295,000
Sold · December 9, 2025
1871 NW S River Drive 1505
Explore the area: Miami homes for sale · Miami Dade County real estate
Sale Summary
What this home sold for
- Sold price
- $295,000
- Vs. list price
- 9.2% under
- Days on market
- 19
- Price per sq ft
- $344
This 2-bedroom condo in Terrazas Riverpark Villag sold for $295,000 on December 9, 2025. That was 9.2% below its final list price of $325,000. It spent 19 days on the market. At $344 per square foot, it closed 9.5% below the $380 median of the 6 other condo sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $295,000
- Sold On
- December 9, 2025
- Days on Site
- 19 Days
- Bedrooms
- 2
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 857 sqft
- Total Sq Ft
- 857 sqft
- Year Built
- 2010
- Property Type
- Condo
- MLS #
- A11898369
- Property Tax
- $5,972 (2024)
- HOA Fees
- $1,022 / Monthly
- Subdivision
- TERRAZAS RIVERPARK VILLAG
- County
- Miami Dade
- Status
- Sold
- Special Conditions
- Listed As Is
About This Property
Modern and with amazing view 2 bedroom 2 bathroom ideal for an investor with river views. Big balcony, stainless steel appliances, new washer and dryer. Tenant on place until April 14th, 2026 paying $ 3,000 monthly; ideal for an investor. Terrazas are located short distance and minutes to Brickell, downtown Miami, Edgewater, Hospital area and Miami Airport. Amenities includes: swimming pool, jacuzzi, cabanas, BBQ Stations, gym, sauna, party room, business center, storage, gated with 24 hours guard. Concierge, river walk and dog park. Very close is River Landing with full restaurants and shopping. The sale is all cash. Lowest price in the building per sqft. An excellent opportunity for savvy buyers.
MLS media linkGeneral Features
- Property Type
- Condo
- Status
- Sold
- Year Built
- 2010
- Property Condition
- Resale
- Number of Stories
- 22
- Garage Spaces
- 1
- Parking
- Assigned / Covered
- Living Sq Ft
- 857
- Total Sq Ft
- 857
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Microwave / Refrigerator / Washer
- Cooling
- Central Air / Electric
- Heating
- None
- Flooring
- Ceramic Tile
- Interior Features
- Bedroom On Main Level / Eat In Kitchen / Living Dining Room / Main Level Primary / Multiple En Suite Bathrooms
Exterior Features
- Construction
- Block
- Exterior Features
- Balcony
- Pool Features
- Association
- Patio & Porch
- Open / Balcony
- Waterfront
- Yes
- Waterfront Features
- Other / River Front
- View
- River
Community & HOA
- HOA Fee
- $1,022 / Monthly
- HOA Includes
- Maintenance Grounds / Maintenance Structure / Pools / Recreation Facilities / Reserve Fund / Sewer / Security / Trash / Water
- Association Amenities
- Business Center / Cabana / Fitness Center / Maintenance Grounds / Picnic Area / Pool / Sauna / Elevators
- Community Features
- Home Owners Association
- Security
- Key Card Entry / Lobby Secured / Security Guard
- Pets Allowed
- Pet Restrictions / Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Ok To Lease
- MLS Area
- 2310
Schools
- 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 NW S River Drive 1505, Miami, FL 33125?
- Use the Tour button on this listing to request a showing of 1871 NW S River Drive 1505, 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 NW S River Drive 1505, Miami, FL 33125 still available?
- 1871 NW S River Drive 1505, Miami, FL 33125 is currently listed as Sold, and has been on the market 19 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 NW S River Drive 1505, Miami, FL 33125?
- With 20% down ($65,000) on the $325,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1871 NW S River Drive 1505, Miami, FL 33125 is about $1,708/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 NW S River Drive 1505, Miami, FL 33125?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1871 NW S River Drive 1505, 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 NW S River Drive 1505, Miami, FL 33125 have an HOA fee?
- Yes: 1871 NW S River Drive 1505, Miami, FL 33125 carries an HOA fee of about $1,022 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 NW S River Drive 1505, Miami, FL 33125?
- 1871 NW S River Drive 1505, Miami, FL 33125 is zoned for 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 NW S River Drive 1505, Miami, FL 33125?
- Often, yes. The right offer on 1871 NW S River Drive 1505, 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 Capital Intl Realty 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 July 1, 2026.
$295,000
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Listed by Maria C Cortes, Capital Intl Realty LLC
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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.
