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7516 NE 1 Avenue 302, Miami, FL 33138
Active
54 Days on Market
Virtual Tour
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$199,500

7516 NE 1 Avenue 302

Miami, FL 33138

LE TERRACE CONDO

Explore the area: Miami homes for sale · Miami Dade County real estate

How this price compares

List price
$199,500
Price per sq ft
$277
Original price
Unchanged
Days on market
54

This 1-bedroom condo in ZIP 33138 is listed at $199,500, or $277 per square foot. It has been on the market for 54 days.

1
Bedrooms
1
Bathrooms
720
Living Sq Ft
2007
Year Built

Estimated monthly payment

$1,048 /mo

Principal and interest only, based on $39,900 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $461/mo HOA are not included.

Customize this estimate

Listing Snapshot

Price
$199,500
Days on Site
54 Days
Bedrooms
1
Total Baths
1
Full Baths
1
Partial Baths
0
Living Area
720 sqft
Total Sq Ft
720 sqft
Year Built
2007
Property Type
Condo
MLS #
B26066442
Property Tax
$2,106 (2025)
HOA Fees
$461 / Monthly
Subdivision
LE TERRACE CONDO
Development
LE TERRACE
County
Miami Dade
Status
Active
Special Conditions
Standard / Listed As Is

About This Property

# Updated Description 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, co

MLS media link

General Features

Property Type
Condo
Status
Active
Year Built
2007
Property Condition
Resale / Updated Remodeled
Number of Stories
3
Levels
One
Parking
Assigned / Open
Direction Faces
South
Lot Size (Acres)
0
Living Sq Ft
720
Total Sq Ft
720
Structure Type
Multi Family
Sewer
Public Sewer
Water Source
Public
Zoning
4600

Interior Features

Appliances
Dryer / Dishwasher / Electric Range / Electric Water Heater / Microwave / Refrigerator / Water Heater / Washer
Cooling
Central Air
Heating
Central
Flooring
Vinyl
Interior Features
Bedroom On Main Level / Breakfast Area / Living Dining Room / Pantry / Storage / Tub Shower / Bar / Walk In Closets
Laundry
Inside / Laundry Closet / In Unit / Washer Dryer Install Allowed
Windows
Other
Main Level Bedrooms
1
Main Level Baths
1
Total Rooms
1
Furnished
Unfurnished

Exterior Features

Construction
Brick / Block
Roof
Flat
Exterior Features
Balcony / Courtyard / Lighting / Outdoor Living Area / Other / Uncovered Courtyard
Patio & Porch
Open / Patio / Balcony
Lot Features
Fruit Trees
Waterfront Features
None
View
Garden / Other

Community & HOA

HOA Fee
$461 / Monthly
HOA Name
LE TERRACE CONDOMINIUM ASSOCIATION, INC.
HOA Includes
Common Areas / Insurance / Maintenance Grounds / Maintenance Structure / Reserve Fund / Sewer / Trash / Water
Association Amenities
Other / Parking
Community Features
Gated
Security
Gated Community / Smoke Detectors / Security Fence
Utilities
Cable Available / Electricity Available / Sewer Available / Water Available
Pets Allowed
Number Limit / Size Limit / Yes
Financing Terms
Cash / Conventional / FHA
Restrictions
No Boats / No Rv / No Truck / No Trailer Parking / Ok To Lease / City Restrictions
MLS Area
2310

Schools

Middle School
Horace Mann
High School
Miami Edison
Homes for Sale
2
Under Contract
0
Median List Price
$199,250
Median $/Sq Ft
$244
Avg Days on Market
72
View all 2 homes for sale in Le Terrace →
How do I schedule a tour of 7516 NE 1 Avenue 302, Miami, FL 33138?
Use the Tour button on this listing to request a showing of 7516 NE 1 Avenue 302, Miami, FL 33138. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 7516 NE 1 Avenue 302, Miami, FL 33138 still available?
7516 NE 1 Avenue 302, Miami, FL 33138 is currently listed as Active, and has been on the market 54 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 7516 NE 1 Avenue 302, Miami, FL 33138?
With 20% down ($39,900) on the $199,500 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 7516 NE 1 Avenue 302, Miami, FL 33138 is about $1,048/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 7516 NE 1 Avenue 302, Miami, FL 33138?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 7516 NE 1 Avenue 302, Miami, FL 33138. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 7516 NE 1 Avenue 302, Miami, FL 33138 have an HOA fee?
Yes: 7516 NE 1 Avenue 302, Miami, FL 33138 carries an HOA fee of about $461 monthly (LE TERRACE CONDOMINIUM ASSOCIATION, INC.). HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 7516 NE 1 Avenue 302, Miami, FL 33138?
7516 NE 1 Avenue 302, Miami, FL 33138 is zoned for Horace Mann (middle), Miami Edison (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 7516 NE 1 Avenue 302, Miami, FL 33138?
Often, yes. The right offer on 7516 NE 1 Avenue 302, Miami, FL 33138 depends on how it's priced against comparable condo sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Home Sold Realty LLC

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated August 30, 2026.

$199,500

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Listed by Camilo De la Cruz Perez, Home Sold Realty LLC

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