1871 NW S RIVER DR 1506, Miami, FL 33125

Parcel: 0131341243060 · Residential · Condominium - Residential · Zoning: 4602

Assessed Value (2025)
$257,471

Property Details

Beds
1
Baths
2
Living Sqft
804
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
$201,800-100%
2013-11-21
AP WP TERRAZAS LLCTERRAZAS OWNER LLC
3
$301,400+49%
2014-11-19
TERRAZAS OWNER LLCJOSE RAMON FERNANDEZ
4
$290,000-4%
2026-04-27
JOSE RAMON FERNANDEZEDUARDO PENUELA

Tax Assessment History

$257,471
Assessed (2025)
$257,471
Market Value
$257,471
Taxable Value
$5,242
Annual Tax
2024
$295,240
$306,513
2025
$257,471
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $257,471 $257,471 $257,471 $5,242
2024 $295,240 $306,513 $295,240 $6,011

About 1871 NW S RIVER DR 1506, Miami, FL 33125

1871 NW S RIVER DR 1506, Miami, FL 33125 is a 1-bedroom, 2-bathroom residential - total value : condominium - residential built in 2010 with 804 square feet of living space. The property is currently owned by EDUARDO PENUELA, recorded as of 2026-06-14. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2026-04-27 for $290,000, when JOSE RAMON FERNANDEZ sold to EDUARDO PENUELA. The property sold for $11,400 less than the prior sale of $301,400 on 2014-11-19. There are 4 recorded sales for this property.

The 2025 assessed value is $257,471 with a market value of $257,471. The assessed value decreased 13% from $295,240 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 1506, 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 2026, with 4 recorded transactions in the public record.

The current assessed value represents 89% of the most recent sale price. Based on the most recent sale, this property traded at $361 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

EDUARDO PENUELA
1871 NW S RIVER DR 1506, MIAMI, FL, 33125
Since: 2026-06-14
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$1,944 — $3,800
Flood $400 — $800
Property/Wind $1,544 — $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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