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7516 NE 1st Avenue # 302, Miami FL 33138

Condo/Co-op For Sale
$199,500

BTC: 3.11718750

ETH: 117.97752809

138 days
1 bds
1 ba
720 sqft

Overview

Welcome to this beautifully fully renovated 1-bedroom, 1-bathroom condo in the heart of Miami — perfect for investors or buyers looking to live in a move-in-ready home. Located on the 3rd floor with a desirable south-facing exposure, the unit is filled with abundant natural light, creating a bright and inviting atmosphere throughout the day. The spacious living area opens to a private balcony, while the bedroom features a stunning downtown skyline view, ideal for morning sunrises and vibrant city nights. The modern kitchen is equipped with stainless steel appliances, and the unit includes central air, a smart A/C thermostat, and an in-unit washer and dryer for added convenience. The bedroom offers a large walk-in closet, and the recent renovation delivers a clean, contemporary feel throughout. Additional highlights include impact windows and doors, a private gated parking lot, and a well-maintained building in a highly desirable location. Previously rented for $2,000 per month, this property presents strong income potential while remaining an excellent option for an owner-occupant seeking comfort, style, and location.

Location

Details

Type:
Residential
Parking:
Assigned / Open
Year Built:
2007
Lot:
No Data
Heating:
Central
Price/sqft:
$277
Cooling:
Central Air
HOA:
$461

Valuation

Our model vs. what's actually selling nearby.
Estimate
$355,000
$239K – $485K
Confidence Low
List vs. estimate
$155K below estimate
List $199,500 · -43.8%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$277
-50.4% vs. city median $558
Based on
632 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $861K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,100
2025
HOA
$461/mo
View
Garden, Other
Pets
Allowed
All facts and features
  • Flooring

    • Vinyl

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Microwave

    • Electric Range

    • Refrigerator

    • Washer

    Other interior features

    • Bar

    • Cooking Island

    • Pantry

    • Walk-In Closet(s)

    • Storage

    • Utility Room/Laundry

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 1

  • Parking

    • Assigned

    • Open

    Property

    • Exterior Features: Courtyard / Fruit Trees / Exterior Lights / Open Balcony

    Other Property Information

    • Parcel Number: 01-31-12-111-0060

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Cable Connected

    • Cable Available

  • Other financial information

    • HOA: $461

    • HOA Frequency: Monthly

    • Annual tax amount: $2,100

  • Source details

    • MLS ID: F10548465

    Other facts

    • Construction Materials: Concrete Block Construction / Concrete Block With Brick

    • Laundry Features: Laundry Room / Utility Room/Laundry

    • Lot Features: Fenced

    • Patio And Porch Features: Open Balcony

    • Window Features: Complete Panel Shutters/Awnings

    • Direction Faces: South

    • Other Structures: Livable

    • Living Area: 720

    • Subdivision Name: LE TERRACE CONDO,LE TERRACE

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Home Sold Realty LLC