1871 NW S RIVER DR 1802, Miami, FL 33125

Parcel: 0131341242540 · Residential · Condominium - Residential · Zoning: 4602

Assessed Value (2025)
$256,888

Property Details

Beds
1
Baths
2
Living Sqft
803
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
$200,400-100%
2013-11-21
AP WP TERRAZAS LLCTERRAZAS OWNER LLC
3
$281,000+40%
2018-04-03
TERRAZAS OWNER LLCBBREALDREAM LLC

Tax Assessment History

$256,888
Assessed (2025)
$256,888
Market Value
$256,888
Taxable Value
$5,230
Annual Tax
2024
$253,471
$288,638
2025
$256,888
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $256,888 $256,888 $256,888 $5,230
2024 $253,471 $288,638 $253,471 $5,160

About 1871 NW S RIVER DR 1802, Miami, FL 33125

1871 NW S RIVER DR 1802, Miami, FL 33125 is a 1-bedroom, 2-bathroom residential - total value : condominium - residential built in 2010 with 803 square feet of living space. The property is currently owned by BBREALDREAM LLC C/O MORIS AND ASSOCIATES, 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 2018-04-03 for $281,000, when TERRAZAS OWNER LLC sold to BBREALDREAM LLC. The property has appreciated $80,600 (40%) since the prior sale of $200,400 on 2013-11-21. There are 3 recorded sales for this property.

The 2025 assessed value is $256,888 with a market value of $256,888. The assessed value increased 1% from $253,471 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.

1871 NW S RIVER DR 1802, 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 2018, with 3 recorded transactions in the public record.

The current assessed value represents 91% of the most recent sale price. Based on the most recent sale, this property traded at $350 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

BBREALDREAM LLC C/O MORIS AND ASSOCIATES
3650 NW 82 AVE # 401, DORAL, FL, 33166
Since: 2026-04-19
View owner profile →

People Behind This Entity

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$1,941 — $3,800
Flood $400 — $800
Property/Wind $1,541 — $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
31
View full risk analysis →
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