$249,500
UNDER CONTRACT $48K PRICE DROP

River Run South Condo 2415 NW 16th St Rd Unit 303-1 Floor 3 Miami, FL 33125

North Sewell Park Neighborhood

Estimated payment $2,265/month

Total Views 14,116
2 Beds
2 Baths
865 Sq Ft
$288 Price per Sq Ft

Highlights

  • Marina
  • River Front
  • Clear Impact Glass
  • Intercom to Front Desk
  • Balcony
  • Closet Cabinetry

About This Home

Excellent investment opportunity. Spacious 2-bedroom 2-bathroom apartment at the Miami River. Open balcony with view into the greenery. Comfortable split floor plan with ample-sized bedrooms and spacious closets. Full-size washer and dryer in the unit. 1 assigned garage parking space on unit level. Nestled in a quiet gated community with 24 hours security guard. Easy access to Miami International Airport, River Landing shops Freedom Park, Miami Soccer Stadium and 836 Expressway. A perfect blend of urban convenience and riverside tranquility in this prime Miami location. Unit was rented recently at $2,450 per month (6% cap rate) - now vacant for the convenience of any type of buyers, but can be rented right away.

Listing Agent

Michael Gebhard

LPT Realty, LLC License #3377795 Listed on: 07/29/2025

LPT Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,140

Year Built

  • Built in 2006

HOA Fees

  • $575 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Entry on the 3rd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 865 Sq Ft Home
  • Blinds
  • Combination Dining and Living Room
  • Tile Flooring
  • Property Views

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Free-Standing Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub and Shower Combination in Primary Bathroom
  • Bathtub

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Exterior Lighting

Schools

  • Comstock Elementary School
  • Citrus Grove Middle School
  • Miami Jackson High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • River Front
  • West of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 01-31-34-121-0120

Community Details

Overview

  • Mid-Rise Community
  • River Run Condos
  • River Run South Condo Subdivision
  • The community has rules related to no motorcycles
  • 6-Story Property

Amenities

  • Intercom to Front Desk
  • Elevator

Recreation

  • Marina

Pet Policy

  • No Pets Allowed

Building Details

Security

  • Security Guard
  • Complex Is Fenced
  • Clear Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,140

Year Built

Built in 2006

Lot Details

0 Sq Ft Lot

HOA Fees

$575 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Property Sub Type: Condominium
  • Entry Level: 3
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: RIVER RUN SOUTH CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Active
  • CurrentPrice: 249500
  • InternetRemarks: Great investment opportunity. 2-bed 2-bath condo with balcony at the Miami River. Washer & dryer inside. 1 garage parking. Ready to rent. 6% cap rate.
  • ShowingTimeFlag: Yes
  • Special Features: 4224

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Free-Standing Freezer, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Closet Cabinetry, Split Bedroom
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 865
  • Stories: 6
  • Window Features: Clear Impact Glass, Blinds
  • Bedroom Features: Entry Level, Primary Bath Tub
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Combination Tub & Shower, Dual Sinks

Exterior Features

  • View: Other View
  • Exterior Features: West Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: River
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Park Building Name: RIVER RUN
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Covered, No Motorcycle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Complex Fenced, Guard At Site, Intercom In Lobby

Condo/Co-op/Association

  • Association Fee: 575
  • Amenities: Elevator(s), Exterior Lighting, Marina
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Comstock
  • High School: Miami Jackson
  • Middle Or Junior School: Citrus Grove

Lot Info

  • Parcel Number: 01-31-34-121-0120

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 4140

Multi Family

  • Maintenance Expense: 575

Map

About River Run South Condo

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,141 $207,152 -- --
2024 $3,900 $208,670 -- --
2023 $3,900 $189,700 $0 $0
2022 $3,180 $149,908 $0 $0
2021 $2,895 $136,280 $0 $0
2020 $2,764 $129,790 $0 $0
2019 $2,690 $126,010 $0 $0
2018 $2,639 $126,010 $0 $0
2017 $2,567 $120,615 $0 $0
2016 $2,486 $109,650 $0 $0
2015 $2,389 $99,682 $0 $0
2014 $2,055 $90,620 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/13/2026 05/13/26 Price Changed $249,500 -5.8% $288 / Sq Ft
03/05/2026 03/05/26 Price Changed $265,000 -5.0% $306 / Sq Ft
01/09/2026 01/09/26 Price Changed $279,000 -6.1% $323 / Sq Ft
07/29/2025 07/29/25 For Sale $297,000 0.0% $343 / Sq Ft
07/26/2024 07/26/24 Rented $2,450 0.0% --
07/08/2024 07/08/24 Under Contract -- -- --
05/18/2024 05/18/24 For Rent $2,450 0.0% --
11/17/2022 11/17/22 Sold $260,000 0.0% $301 / Sq Ft View Prior Sale
10/21/2022 10/21/22 Pending -- -- --
10/11/2022 10/11/22 For Sale $260,000 0.0% $301 / Sq Ft
03/16/2021 03/16/21 Rented $1,500 0.0% --
02/16/2021 02/16/21 Price Changed $1,500 -9.1% $2 / Sq Ft
12/05/2020 12/05/20 Price Changed $1,650 -2.9% $2 / Sq Ft
11/04/2020 11/04/20 For Rent $1,700 -- --
Source: MIAMI REALTORS® MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $260,000 Florida Title
Warranty Deed $200,000 Attorney
Warranty Deed $198,900 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $160,000 Fannie Mae Freddie Mac
Previous Owner $179,010 Fannie Mae Freddie Mac
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11849052

MIAMI REALTORS® MLS

APN: 01-3134-121-0120

Florida Miami/Dade County Miami 33125 North Sewell Park

2415 NW 16th St Rd Unit 303-1, Miami, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Michael Gebhard
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Michael Gebhard
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LPT Realty, LLC
(786) 386-1295
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