1861 NW S RIVER DR B11, Miami, FL 33125

Parcel: 0131341240150 · Residential · Condominium - Residential · Zoning: 4602

Assessed Value (2025)
$509,208

Property Details

Beds
3
Baths
3
Living Sqft
1,680
Year Built
2010
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$42,320,569
2010-10-13
1861 NW SOUTH RIVER DR MIAMI LLCAP WP TERRAZAS LLC
2
$425,200-99%
2013-11-21
AP WP TERRAZAS LLCTERRAZAS OWNER LLC
3
$609,400+43%
2016-03-30
TERRAZAS OWNER LLCZUBIN J PANTHAKI

Tax Assessment History

$509,208
Assessed (2025)
$513,370
Market Value
$509,208
Taxable Value
$10,367
Annual Tax
2024
$462,917
$513,370
2025
$509,208
$513,370
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $509,208 $513,370 $509,208 $10,367
2024 $462,917 $513,370 $462,917 $9,425

About 1861 NW S RIVER DR B11, Miami, FL 33125

1861 NW S RIVER DR B11, Miami, FL 33125 is a 3-bedroom, 3-bathroom residential - total value : condominium - residential built in 2010 with 1,680 square feet of living space. The property is currently owned by ZUBIN J PANTHAKI DIMPLE SATISH PANTHAKI, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2016-03-30 for $609,400, when TERRAZAS OWNER LLC sold to ZUBIN J PANTHAKI. The property has appreciated $184,200 (43%) since the prior sale of $425,200 on 2013-11-21. There are 3 recorded sales for this property.

The 2025 assessed value is $509,208 with a market value of $513,370. The assessed value increased 10% from $462,917 in 2024. This property is located in FEMA Flood Zone X, which indicates minimal flood risk.

Flood insurance is typically not required for properties in Zone X. The median household income in this area is $32,917, and the median home value is $546,900. The population density is 13,859 people per square mile.

1861 NW S RIVER DR B11, Miami, FL 33125 is located in Miami, Florida. Property records, tax assessments, sales history, and ownership information for this Miami property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2010 to 2016, with 3 recorded transactions in the public record.

The current assessed value represents 84% of the most recent sale price. Based on the most recent sale, this property traded at $363 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

ZUBIN J PANTHAKI DIMPLE SATISH PANTHAKI
6002 SW 58 ST, MIAMI, FL, 33143
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$3,455 — $5,892
Flood $400 — $800
Property/Wind $3,055 — $5,092

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$32,917
Median Home Value$546,900
Pop. Density13,859/sq mi

Neighborhood 33125

39.7%
Owner-Occ
60.3%
Investor
180
Flips (4yr)
6,726
New Biz (3yr)
Distress Risk
MODERATE
32
View full risk analysis →
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