1861 NW S RIVER DR 1503, Miami, FL 33125

Parcel: 0131341240620 · Residential · Condominium - Residential · Zoning: 4602

Assessed Value (2025)
$272,731

Property Details

Beds
1
Baths
2
Living Sqft
935
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
$224,200-99%
2013-11-21
AP WP TERRAZAS LLCTERRAZAS OWNER LLC
3
$333,800+49%
2015-02-27
TERRAZAS OWNER LLCRIVER STYLE PROPERTIES LLC

Tax Assessment History

$272,731
Assessed (2025)
$272,731
Market Value
$272,731
Taxable Value
$5,553
Annual Tax
2024
$272,751
$320,860
2025
$272,731
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $272,731 $272,731 $272,731 $5,553
2024 $272,751 $320,860 $272,751 $5,553

About 1861 NW S RIVER DR 1503, Miami, FL 33125

1861 NW S RIVER DR 1503, Miami, FL 33125 is a 1-bedroom, 2-bathroom residential - total value : condominium - residential built in 2010 with 935 square feet of living space. The property is currently owned by RIVER STYLE PROPERTIES LLC C/O PIQUET LAW FIRM, 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 2015-02-27 for $333,800, when TERRAZAS OWNER LLC sold to RIVER STYLE PROPERTIES LLC. The property has appreciated $109,600 (49%) since the prior sale of $224,200 on 2013-11-21. There are 3 recorded sales for this property.

The 2025 assessed value is $272,731 with a market value of $272,731. The assessed value decreased 0% from $272,751 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 1503, 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 2015, with 3 recorded transactions in the public record.

The current assessed value represents 82% of the most recent sale price. Based on the most recent sale, this property traded at $357 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

RIVER STYLE PROPERTIES LLC C/O PIQUET LAW FIRM
801 BRICKELL AVE STE 1610, MIAMI, FL, 33131
Since: 2026-04-19
View owner profile →
Look up on FL Sunbiz →

Find registered agent and officers for this entity

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$2,036 — $3,800
Flood $400 — $800
Property/Wind $1,636 — $3,000

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 →
Zoom in to see property sales