1861 NW S RIVER DR 2607, Miami, FL 33125

Parcel: 0131341241480 · Residential · Condominium - Residential · Zoning: 4602

Assessed Value (2025)
$300,653

Property Details

Beds
1
Baths
2
Living Sqft
960
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
$237,600-99%
2013-11-21
AP WP TERRAZAS LLCTERRAZAS OWNER LLC
3
$354,100+49%
2017-12-21
TERRAZAS OWNER LLCJOHN L CARTER

Tax Assessment History

$300,653
Assessed (2025)
$300,653
Market Value
$300,653
Taxable Value
$6,121
Annual Tax
2024
$306,333
$341,651
2025
$300,653
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $300,653 $300,653 $300,653 $6,121
2024 $306,333 $341,651 $306,333 $6,237

About 1861 NW S RIVER DR 2607, Miami, FL 33125

1861 NW S RIVER DR 2607, Miami, FL 33125 is a 1-bedroom, 2-bathroom residential - total value : condominium - residential built in 2010 with 960 square feet of living space. The property is currently owned by JOHN L CARTER JOYCE L CARTER, 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 2017-12-21 for $354,100, when TERRAZAS OWNER LLC sold to JOHN L CARTER. The property has appreciated $116,500 (49%) since the prior sale of $237,600 on 2013-11-21. There are 3 recorded sales for this property.

The 2025 assessed value is $300,653 with a market value of $300,653. The assessed value decreased 2% from $306,333 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 2607, 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 2017, with 3 recorded transactions in the public record.

The current assessed value represents 85% of the most recent sale price. Based on the most recent sale, this property traded at $369 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

JOHN L CARTER JOYCE L CARTER
1887 EVERETTS SCHOOL RD, ROANOKE RAPIDS, NC, 27870
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$2,203 — $3,806
Flood $400 — $800
Property/Wind $1,803 — $3,006

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
31
View full risk analysis →
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