1861 NW S River Dr # 01, Miami FL 33125, MIAMI, FL, 33125
Active423 days on marketListed Jun 16, 2025MLS #A11822860
About this home
1861 NW S River Dr # 01, Miami FL 33125
Experience luxary penthouse living in one of the building’s most exclusive units—one of only two residences featuring a second expansive balcony with incredible city views. This thoughtfully designed apartment offers comfort, privacy, and functionality, complete with a private storage unit and two assigned parking spaces. Enjoy the peace of mind that comes with 24/7 security, along with access to high-end amenities tailored for a modern lifestyle. Perfectly situated in the heart of the city, you're surrounded by some of the best restaurants, top-rated schools, and vibrant entertainment. With close proximity to major roads, this location offers unmatched convenience and connectivity.
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
2010
Year built
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$4,976 /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
$4,976/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
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)
Median sold price, Miami, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 71% above 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 # 01
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$275,000
1699 SW 7th St # 203, Miami FL 33135
2 bd · 2 ba · 8 DOM
Sold · Mar ’26$650,000
2290 SW 2nd Ter, Miami FL 33135
3 bd · 2 ba · 28 DOM
Sold · Aug ’25$185,000
1793 SW 5th St # 401, Miami FL 33135
1 bd · 1 ba · 511 sqft · $362/sqft · 41 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
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 1861 NW S River Dr # 01 — 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 # 01 — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
1861 NW S River Dr # 01 FAQs
What would the monthly payment be for 1861 NW S River Dr # 01, Miami FL 33125?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $4,976/mo — principal and interest, the actual property-tax bill, the $1,500/mo association fee 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.
How much are the HOA fees at 1861 NW S River Dr # 01, Miami FL 33125?+
The association fee works out to $1,500 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 1861 NW S River Dr # 01, Miami FL 33125?+
The most recent tax bill on record (2024) was $3,714. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 1861 NW S River Dr # 01, 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 $475,000, this home is listed about 22% 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 # 01, 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
Four things that matter here
01Positioned at the premium end
$475,000 runs 71% above the MIAMI 33125 median.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Know the monthly fee
The association fee is $1,500/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
04Time on market is leverage
423 days on market against a Miami median of 66 — sellers in this position are usually ready to negotiate.
Keep looking
Similar homes nearby
Listing courtesy of The Valenzuela Real Estate Group · Anthony Valenzuela. MLS #A11822860.
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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