$199,000
7516 NE 1st Avenue 203
Explore the area: Miami homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $199,000
- Price per sq ft
- $212
- Original price
- $215,000
- Days on market
- 69
This 2-bedroom condo in ZIP 33138 is listed at $199,000, or $212 per square foot. The asking price has come down 7.4% from its original $215,000. It has been on the market for 69 days.
Estimated monthly payment
$1,046 /mo
Principal and interest only, based on $39,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $560/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $199,000
- Days on Site
- 69 Days
- Bedrooms
- 2
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 940 sqft
- Total Sq Ft
- 940 sqft
- Year Built
- 2007
- Property Type
- Condo
- MLS #
- A12054756
- Property Tax
- $272 (2015)
- HOA Fees
- $560 / Monthly
- Subdivision
- LE TERRACE CONDO
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Real Estate Owned
About This Property
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. Short term rentals allowed. Please see attached condo docs
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 2007
- Property Condition
- Resale
- Number of Stories
- 2
- Garage Spaces
- 0
- Living Sq Ft
- 940
- Total Sq Ft
- 940
Interior Features
- Appliances
- Electric Range / Refrigerator / Washer
- Cooling
- Central Air / Ceiling Fans
- Heating
- Electric
- Flooring
- Tile
- Interior Features
- Main Level Primary / Other / Separate Shower / Tub Shower / Walk In Closets
- Furnished
- Unfurnished
Exterior Features
- Construction
- Block
- Exterior Features
- Balcony / Lighting / Outdoor Living Area
- Architectural Style
- Other
- Patio & Porch
- Open / Balcony
- View
- Garden
Community & HOA
- HOA Fee
- $560 / Monthly
- HOA Includes
- Common Areas / Insurance / Maintenance Grounds / Maintenance Structure / Reserve Fund / Roof / Sewer / Trash
- Association Amenities
- None / Parking
- Security
- Security Fence
- Pets Allowed
- Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- No Restrictions / Okay To Lease1st Year / Other Restrictions / Ok To Lease
- MLS Area
- 2310
This home's HOA fee works out to $560 a month, 21% above the $461 median across 3 homes for sale in this community. See the community's HOA fees
Schools
- Middle School
- Horace Mann
- High School
- Miami Edison
About the Community
- Homes for Sale
- 3
- Median List Price
- $199,500
- Median $/Sq Ft
- $277
- Avg Days on Market
- 73
Frequently Asked Questions
- How do I schedule a tour of 7516 NE 1st Avenue 203, Miami, FL 33138?
- Use the Tour button on this listing to request a showing of 7516 NE 1st Avenue 203, 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 1st Avenue 203, Miami, FL 33138 still available?
- 7516 NE 1st Avenue 203, Miami, FL 33138 is currently listed as Active, and has been on the market 69 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 1st Avenue 203, Miami, FL 33138?
- With 20% down ($39,800) on the $199,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 7516 NE 1st Avenue 203, Miami, FL 33138 is about $1,046/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 1st Avenue 203, Miami, FL 33138?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 7516 NE 1st Avenue 203, 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 1st Avenue 203, Miami, FL 33138 have an HOA fee?
- Yes: 7516 NE 1st Avenue 203, Miami, FL 33138 carries an HOA fee of about $560 monthly. 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 1st Avenue 203, Miami, FL 33138?
- 7516 NE 1st Avenue 203, 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 1st Avenue 203, Miami, FL 33138?
- Often, yes. The right offer on 7516 NE 1st Avenue 203, 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 United Realty Group Inc
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 July 23, 2026.
$199,000
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Listed by Shevaun Gandy, United Realty Group Inc
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Recent Sales
Recently sold homes in ZIP 33138
These are the last 6 recorded closings in ZIP 33138, with the price each home actually sold for rather than what it was listed at. They closed at a median of $834 per square foot. The most recent closed on October 2, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$1,400,000
Sold · October 2, 2026
254 NE 101st Street
4 bed · 2.5 bath · 2,283 sqft · $613/sqft
$250,000 under the asking price
Sold$1,800,000
Sold · October 2, 2026
823 NE 72nd Street
3 bed · 2.5 bath · 1,826 sqft · $986/sqft
$5,000 over the asking price
Sold$1,290,000
Sold · October 1, 2026
10690 NE 11th Court
4 bed · 3 bath · 2,032 sqft · $635/sqft
$100,000 under the asking price
Sold$2,350,000
Sold · September 30, 2026
251 NE 95th Street
4 bed · 3 bath · 2,535 sqft · $927/sqft
$145,000 under the asking price
Sold$1,450,000
Sold · September 30, 2026
235 NE 90th Street
3 bed · 2 bath · 1,738 sqft · $834/sqft
$65,000 over the asking price
Sold$1,050,000
Sold · September 28, 2026
717 NE 73rd Street
3 bed · 2 bath · 1,541 sqft · $681/sqft
$149,999 under the asking price
See every recorded sale in ZIP 33138 or find out what your ZIP 33138 home is worth.
