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7516 NE 1st Ave # 203, Miami FL 33138

Condo/Co-op For Sale
$199,000

BTC: 2.49061327

ETH: 81.82565789

-$16K (2026/08/18)
95 days
2 bds
2 ba
940 sqft

Overview

Excellent 2 BR / 2 BA condo in La Terrasse, kept in pristine condition by its original owners since 2007. This 2nd-floor corner-style feel unit offers 940 SqFt of living space, in a private gated community with laundry inside unit, balcony, lots of storage spaces, walk in closet, high ceilings, updated kitchens and baths, corner unit with 1 assigned parking space. Situated in one of Miami's most exciting growing neighborhoods, you are just minutes away from the trendy Little River Warehouse District—a vibrant hotspot for foodies and creatives packed with new restaurants and design studios. Great opportunity for primary buyers or investors looking for rapid appreciation. No rental restrictions. Please see attached condo docs

Location

Florida • Miami • 33138 • Condo/Co-op • For Sale

Details

Type:
Residential
Parking:
1 Space
Year Built:
2007
Lot:
No Data
Heating:
Electric
Price/sqft:
$212
Cooling:
Ceiling Fan(s) / Central Air
HOA:
$560

Valuation

Our model vs. what's actually selling nearby.
Estimate
$499,999
$330K – $686K
Confidence Low
List vs. estimate
$300K below estimate
List $199,000 · -60.2%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$211
-62.7% vs. city median $567
Based on
23 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $635K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$272
2015
HOA
$560/mo
View
Garden View
All facts and features

  • Flooring

    • Tile

    Heating

    • Electric

    Cooling

    • Ceiling Fan(s)

    • Central Air

    Appliances

    • Electric Range

    • Refrigerator

    • Washer

    Other interior features

    • Second Floor Entry

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • 1 Space

    Property

    • Exterior Features: Other / Open Balcony

    Other Property Information

    • Parcel Number: 01-31-12-111-0080

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $560

    • HOA Frequency: Monthly

    • Annual tax amount: $272

  • Source details

    • MLS ID: A12054756

    Other facts

    • Construction Materials: CBS Construction

    • Patio And Porch Features: Open Balcony

    • Living Area: 940

    • Subdivision Name: LE TERRACE CONDO

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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Market around this address

Live counts in the same area.
View all
This zip
33138
134
median $949K
Active
Same city
Miami
6,218
median $650K
Active
Same type
Condo/Co-op
3,119
median $515K
Active
Similar price
$139K – $258K
495
median $209K
Active

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: United Realty Group Inc