$199,500
7516 NE 1st Avenue 302
Explore the area: Miami homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $199,500
- Price per sq ft
- $277
- Original price
- Unchanged
- Days on market
- 116
This 1-bedroom condo in ZIP 33138 is listed at $199,500, or $277 per square foot. It has been on the market for 116 days.
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 estimateListing Snapshot
- Price
- $199,500
- Days on Site
- 116 Days
- Bedrooms
- 1
- Total Baths
- 1
- Full Baths
- 1
- Partial Baths
- 0
- Living Area
- 720 sqft
- Year Built
- 2007
- Property Type
- Condo
- MLS #
- F10548465
- Property Tax
- $2,100 (2025)
- HOA Fees
- $461 / Monthly
- Subdivision
- LE TERRACE CONDO
- Development
- LE TERRACE
- County
- Miami Dade
- Status
- Active
About This Property
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.
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 2007
- Property Condition
- Resale / Updated Remodeled
- Number of Stories
- 3
- Parking
- Assigned / Open
- Direction Faces
- South
- Lot Size (Acres)
- 0
- Living Sq Ft
- 720
- Structure Type
- Multi Family
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Microwave / Refrigerator / Washer
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Vinyl
- Interior Features
- Breakfast Area / Kitchen Island / Living Dining Room / Main Level Primary / Pantry / Storage / Tub Shower / Bar / Walk In Closets
- Main Level Bedrooms
- 1
- Main Level Baths
- 1
- Furnished
- Unfurnished
Exterior Features
- Construction
- Block
- Exterior Features
- Balcony / Courtyard / Lighting / Outdoor Living Area
- Patio & Porch
- Open / Balcony
- Lot Features
- Fruit Trees
- View
- Garden / Other
Community & HOA
- HOA Fee
- $461 / Monthly
- HOA Includes
- Common Areas / Insurance / Maintenance Grounds / Reserve Fund / Sewer / Trash / Water
- Association Amenities
- Other / Parking
- Community Features
- Gated
- Security
- Gated Community / Smoke Detectors / Security Fence
- Utilities
- Cable Available
- Pets Allowed
- Number Limit / Size Limit / Yes
- Financing Terms
- Cash / Conventional / FHA
- Restrictions
- No Restrictions / No Trailer Parking / Other Restrictions
- MLS Area
- 2310
This home's HOA fee works out to $461 a month, in line with the $461 median across 3 homes for sale in this community. See the community's HOA fees
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 302, Miami, FL 33138?
- Use the Tour button on this listing to request a showing of 7516 NE 1st 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 1st Avenue 302, Miami, FL 33138 still available?
- 7516 NE 1st Avenue 302, Miami, FL 33138 is currently listed as Active, and has been on the market 116 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 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 1st 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 1st 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 1st 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 1st Avenue 302, Miami, FL 33138 have an HOA fee?
- Yes: 7516 NE 1st Avenue 302, Miami, FL 33138 carries an HOA fee of about $461 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- Can I negotiate the price of 7516 NE 1st Avenue 302, Miami, FL 33138?
- Often, yes. The right offer on 7516 NE 1st 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 June 23, 2026.
$199,500
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Listed by Camilo De la Cruz Perez, Home Sold Realty LLC
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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 $927 per square foot. The most recent closed on October 5, 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$4,080,000
Sold · October 5, 2026
1001 NE 96th Street
5 bed · 4 bath · 3,955 sqft · $1,032/sqft
$319,000 under the asking price
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
See every recorded sale in ZIP 33138 or find out what your ZIP 33138 home is worth.
