1861 NW S RIVER DR PH4, Miami, FL 33125

Parcel: 0131341242060 · Residential · Condominium - Residential · Zoning: 4602

Assessed Value (2025)
$431,855

Property Details

Beds
2
Baths
1
Living Sqft
1,268
Year Built
2010
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$310,700
2013-11-21
AP WP TERRAZAS LLCTERRAZAS OWNER LLC
2
$331,500+7%
2019-05-30
TERRAZAS OWNER LLCDIEGO LUIS PEREZ
3
$320,000-3%
2025-02-06
DIEGO LUIS PEREZJUAN PABLO PALACIOS
4
$320,000
2025-02-13

Tax Assessment History

$431,855
Assessed (2025)
$482,876
Market Value
$431,855
Taxable Value
$8,792
Annual Tax
2024
$392,596
$395,800
2025
$431,855
$482,876
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $431,855 $482,876 $431,855 $8,792
2024 $392,596 $395,800 $392,596 $7,993

About 1861 NW S RIVER DR PH4, Miami, FL 33125

1861 NW S RIVER DR PH4, Miami, FL 33125 is a 2-bedroom, 1-bathroom residential - total value : condominium - residential built in 2010 with 1,268 square feet of living space. The property is currently owned by JUAN PABLO PALACIOS, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2025-02-13 for $320,000. There are 4 recorded sales for this property. The 2025 assessed value is $431,855 with a market value of $482,876.

The assessed value increased 10% from $392,596 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 PH4, 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 2013 to 2025, with 4 recorded transactions in the public record. The current assessed value represents 135% of the most recent sale price.

This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $252 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

JUAN PABLO PALACIOS
1861 NW S RIVER DR PH4, MIAMI, FL, 33125
Since: 2026-03-29
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$2,991 — $5,118
Flood $400 — $800
Property/Wind $2,591 — $4,318

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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