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1861 S River Dr, Unit 406
+33 more
$450K

Terrazas Riverpark Villag Unit 406

1861 S River Dr, Unit 406 • Miami, FL 33125

at Terrazas Riverpark Villag

Beds
2
Baths
2
Living Area
1,380 SF
Price / SF
$326
HOA / Monthly
$1,700
Days on Market
177

About This Unit

Experience privacy and style in this modern 2-bedroom, 2-bath loft-style condo at Terrazas Riverpark Village located right next to the River Landing Mall. The residence feels like a secluded townhouse with two levels, soaring windows, and a private entrance. Bright east exposure overlooks lush high trees and glimpses of the river, creating a serene and natural setting. Spacious layout features tile floors, split bedrooms, volume ceilings, walk-in closets, and a sleek kitchen with stainless steel appliances. Community amenities include a riverfront pool, gym, sauna, meeting and party rooms, doorman, valet parking, and two covered assigned spaces. A children’s park is located right next door. Minutes from Brickell, Downtown, and major highways.

Pricing at Terrazas Riverpark Villag — $326/sqft
Terrazas Riverpark Villag Unit 406 is listed at $326/sqft.
Building-level comparison data is thin for this bedroom count — see Recent Comparable Sales below.
Based on live MIAMIRE active & closed listings at Terrazas Riverpark Villag.
Time on Market — 177 days
Terrazas Riverpark Villag Unit 406 has been on the market for 177 days.
Building-level pace data is thin for this bedroom count.
Price History
Originally listed at $550,000. Reduced to $449,895 on Jan 15, 2026 (after 100 days on market) — -18.2% (−$100,105).
Estimated Monthly Cost
Mortgage (P&I)
$2,443
HOA
$1,700
Property Tax
$681
Total / mo
$4,824
Assumes 7.20% rate on 20% down (30-year fixed). Tax effective rate 1.82%. HOA $1.23/sqft · All-in $3.5/sqft / month. Excludes wind / flood / contents insurance — verify your actual rate with a lender.

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What to Verify
Flood Zone: This unit is in flood zone X. Outside the Special Flood Hazard Area — low-to-moderate risk; insurance optional but recommended.
Building Age: Built in 2010 (16 years old).
Verify all of the above with the HOA before closing.
Unit: 406
Year Built: 2010
Stories: 27
City: Miami
Postal Code: 33125
HOA Fee: $1,700 / Monthly
View: Garden View, River, Water View
Waterfront: Yes
Private Pool: No
Heating: Central
Cooling: Central Air
Days on Market: 177
Listed: October 7, 2025
MLS #: A11889989

Location

Tour with Ricky

Schedule your private showing. Get pricing history, negotiation strategy, and the things the listing won't tell you.

Text or Call (305) 33-RICKY
That's (305) 337-4259
Email About This Unit
Ricky Garcia
Ricky Garcia
Ricky J. Garcia LLC
Licensed with Global Luxury Realty
Listing courtesy of: Willis Wilson & Associates
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11889989 • Updated Apr 2, 2026 • Photos uploaded 202 days ago — check listing for current condition.