1871 NW S RIVER DR 1405, Miami, FL 33125

Parcel: 0131341242920 · Residential · Condominium - Residential · Zoning: 4602

Assessed Value (2025)
$261,206

Property Details

Beds
2
Baths
2
Living Sqft
857
Year Built
2010
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$214,300
2013-11-21
AP WP TERRAZAS LLCTERRAZAS OWNER LLC
2
$322,500+50%
2017-05-10
TERRAZAS OWNER LLCANDREA MUTIS BARRAGAN
3
$390,000+21%
2023-05-30
ANDREA MUTIS BARRAGANLAURA THOMAZ E SERRA
4
$390,000
2023-06-27

Tax Assessment History

$261,206
Assessed (2025)
$261,206
Market Value
$261,206
Taxable Value
$5,318
Annual Tax
2024
$310,960
2025
$261,206
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $261,206 $261,206 $261,206 $5,318
2024 $310,960 $310,960 $310,960 $6,331

About 1871 NW S RIVER DR 1405, Miami, FL 33125

1871 NW S RIVER DR 1405, Miami, FL 33125 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 2010 with 857 square feet of living space. The property is currently owned by LAURA THOMAZ E SERRA, 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 2023-06-27 for $390,000. There are 4 recorded sales for this property. The 2025 assessed value is $261,206 with a market value of $261,206.

The assessed value decreased 16% from $310,960 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 1405, 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 2023, with 4 recorded transactions in the public record. The current assessed value represents 67% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $455 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

LAURA THOMAZ E SERRA
1871 NW S RIVER DR 1405, MIAMI, FL, 33125
Since: 2026-03-29
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$1,967 — $3,800
Flood $400 — $800
Property/Wind $1,567 — $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 →
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