ActiveMLS® A12054756

$199,000

7516 NE 1st Avenue 203, Miami, FL 33138

Beds: 2
Baths: 2
Sqft: 940

Est. payment$1,715/mo

Home type: Condominium
Year built: 2007
Lot size: —
Price / sqft: $212
HOA: $560/mo
Community: LE TERRACE CONDO

Property description

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

Listing activity

Days on market: 100
Listed: Jul 16, 2026
MLS listing updated: Oct 13, 2026
Feed last checked: 1 minute ago

Listed by Shevaun Gandy · United Realty Group Inc

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Bathrooms (decimal): 2
Full bathrooms: 2
Half bathrooms: 0

Rooms & features

Rooms: 0
Interior features: Walk-In Closet(s)
Flooring: Tile
Appliances: Electric Range, Refrigerator, Washer
Furnished: Unfurnished

Heating & cooling

Heating: Electric
Cooling: Ceiling Fan(s), Central Air

Property

Parking

Garage spaces: 0
Carport spaces: 0
Covered spaces: 0

Exterior

Stories: 2
Building area: 940 sqft
Entry level: 2
Exterior features: Balcony, Lighting
Fencing: Fenced
View: Garden
Waterfront property: No

Construction

Type & style

Home type: Condominium
Architectural style: Other
Year built: 2007
New construction: No

Materials

Construction: CBS
Property condition: Resale

Utilities & green energy

Not reported by the listing source.

Community & HOA

Community

Subdivision: LE TERRACE CONDO
MLS area: 2310
Security: Security Fence
Pets allowed: Yes
55+ community: No

Association

Has association: Yes
Association fee: $560 monthly
Estimated monthly dues: $560
Amenities: Parking, None
Services included: Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Reserve Funds, Roof Repairs, Sewer, Trash

Lease details

Not reported by the listing source.

Location

Area details

City: Miami
County: Miami-Dade
ZIP code: 33138

Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number: A12054756
Possession: Negotiable, Other
Original list price: $215,000
Parcel number: 0131121110080
Annual property tax: $272
Tax year: 2015
Tax legal description: LE TERRACE CONDO UNIT 203 UNDIV 939.69/7792.16 INT IN COMMON ELEMENTS OFF REC 25647-3786
Special listing conditions: Real Estate Owned

Additional MLS details

Reported by the listing source

Association Amenities: Parking, None
Association Fee Frequency: Monthly
Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Reserve Funds, Roof Repairs, Sewer, Trash
Association: Yes
Bathrooms Total Decimal: 2
Bathrooms Total Integer: 2
Building Area Total: 940
Construction Materials: CBS
County Or Parish: Miami-Dade
Days On Market: 100
High School: Miami Edison
List Price: 199000
Listing Contract Date: 2026-07-16
Living Area: 940
MLSArea Major: 2310
Middle Or Junior School: Horace Mann
Mls Status: Active
On Market Date: 2026-07-16
Photos Count: 53
Postal Code: 33138
Price Change Timestamp: 2026-08-18T20:13:37Z
Property Sub Type: Condominium
Property Type: Residential
Rooms Total: 0
Security Features: Security Fence
Senior Community: No
Standard Status: Active
State Or Province: FL
Status Change Timestamp: 2026-07-16T04:00:00Z
Stories Total: 2
Subdivision Name: LE TERRACE CONDO
Tax Annual Amount: 272
Bathrooms Full: 2
Bedrooms Total: 2
Waterfront: No
Bathrooms Half: 0
Financial Information: Estimated Monthly Assoc Recurring Fee: 560

Market value

Automated estimate—No licensed valuation source connected

Estimated sales range—Ask Karim for a local market analysis

Estimated rent—No licensed rental valuation source connected

Price history

Date	Event	Price
Jul 16, 2026	ListedMIAMI REALTORS® MLS	$215,000$229/sqft
Aug 18, 2026	Price reducedMIAMI REALTORS® MLS	$199,000$212/sqft

Public tax history

Year	Property taxes	Assessment
2015	$272	—

Payment calculator

Estimated monthly payment$1,715/moIllustrative estimate, not a loan offer.

Loan typeDown payment (%)Interest rate assumption (%)Loan termInsurance / month

Principal & interest: $1,033
Property taxes: $23
Insurance: $100
Association dues: $560

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

LE TERRACE CONDO

Miami · Miami-Dade County · 33138

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Horace MannMiddle

—

Miami EdisonHigh

—

School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

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