This stunning rarely available duplex unit at Terrazas River Park in Miami offers a unique blend of luxury and comfort at an affordable price. With two spacious bedrooms and bathrooms, this residence provides plenty of open space ideal for small families or individuals alike. The living area is filled with natural light, creating an inviting atmosphere for both entertaining and everyday life. The master bedroom includes an en-suite bathroom and ample closet space, ensuring privacy and convenience. Residents also have access to top-notch amenities such as a fitness center, swimming pool, and 24-hour concierge service. Located just minutes from downtown Miami and major highways, this property offers easy access to shopping, dining, and entertainment options. 2 parking sports + 2 storage inc.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,589
Per Month
Principal & Interest
$2,122
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$1,400
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,341
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Downtown Miami Charter School
305 NW 3rd Ave
Distance between this listing and this school0.30 miles
Public Charter Grades KG-6
10
/10
Mater Academy East Charter
450 SW 4th St
Distance between this listing and this school0.44 miles
Public Charter Grades KG-5
3
/10
Frederick R. Douglass Elementary School
314 NW 12th St
Distance between this listing and this school0.68 miles
Public District Grades PK-5
Nearby Schools
10
/10
Ada Merritt K-8 Center
660 SW 3rd St
Distance between this listing and this school0.38 miles
Public Magnet Grades PK-8
9
/10
Lincoln-Marti Charter School Little Havana Campus
970 W Flagler St # 984
Distance between this listing and this school0.46 miles
Public Charter Grades KG-8
3
/10
Mater Preparatory Academy
601 NW 12th Ave
Distance between this listing and this school0.71 miles
Public Charter Grades KG-8
Nearby Schools
8
/10
Law Enforcement Officers Memorial High School
300 NW 2nd Ave
Distance between this listing and this school0.36 miles
Public Magnet Grades 9-12
6
/10
Charter High School of the Americas
970 W Flagler St # 984
Distance between this listing and this school0.46 miles
Public Charter Grades 9-12
9
/10
Mater Academy East Charter High School
998 SW 1st St
Distance between this listing and this school0.52 miles
The neighbors living near this home have an average income of $16,900. The majority of Miami, FL residents have income less than $35k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1871 NW S River Dr Unit B01
What is the listing price of this property?
The listing price of 1871 NW S River Dr Unit B01 property is $424,999.
What type of property is this?
The property 1871 NW S River Dr Unit B01 is a condo located in Miami, Florida, 33125.
Is this property for sale now?
Active Listing: 1871 NW S River Dr Unit B01 is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 1871 NW S River Dr Unit B01 has 2 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 1871 NW S River Dr Unit B01 is 1,056 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1871 NW S River Dr Unit B01 is 2010.
This home is located at 1871 NW S River Dr Unit B01 in Miami, FL and zip code 33125 in the Little Havana neighborhood. This 1,056 square foot home was built in 2010. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $424,999.
In November 2024, from all listings sold in Miami, FL there were more than 38 sold above asking price, over 445 sold below and more than 112 were sold right at the asked price. The number of homes for sale in Miami, FL increased by 6.7% between October 2024 and November 2024. Listings spent 60 days on the market in November 2024, and had a median list price of $565,671 during the same period.
From Rocket Homes Real Estate and based on county public records data.