Condo in 7516 NE 1st Avenue 203, Miami, FL 33138 for sale with MLS# A12054756

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

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7516 NE 1st Avenue 203, Miami, FL 33138

Price
Price:
$215,000.00
Original List Price:
$215,000.00
List Price per Sq Ft (Calculated, Approx.):
$228.72
More Listings Same Building:
Le Terrace in 7516 1st Ave Miami
Property Status and Type
Listing Type:
For Sale
Status:
Active
Special Sale Conditions:
Real Estate Owned (REO) Lender/Bank Owned
Listing Category:
Residential
Property Type:
Condominium
Description of Last Important Update:
New Listing
Last Major Update on:
July 16, 2026 4:00 am
Rooms Distribution
Bedrooms:
2
Bathrooms Total:
2
Full Bath:
2
Master Bedroom Bath:
Separate Shower, Master Bdrm - Ground, Combo Tub/shower, Other
Measures
Living Area:
940 Sqft
Built-Up Area:
940 Sqft
Property Features
View from the Property:
Garden
Waterfront:
No
Security:
Security Fence
Furnished:
Unfurnished
Appliances:
Refrigerator, Washer, Electric Range
Interior:
Walk-In Closet(s)
Exterior:
Balcony, Lighting
Air Conditioning
Air Conditioning System:
Central Air, Ceiling Fan(s)
Heating
Heating System:
Electric
Fence:
Fenced
Balcony Details:
Balcony - Open
Construction
Year Built:
2007
Architectural Style:
Other
Levels:
Two
Entry Level (floor):
2
Construction Materials:
CBS
Flooring:
Tile
Number of stories:
2
Flood Zone Code:
X
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$272.00
Tax Year:
2015
Association Fee:
$560.00
Association Fee Frequency:
Monthly
Parking
Garage Spaces:
0
Covered Spaces:
0
Community
Association
Application Required
Application Fee:
$150.00
Application Information:
1-2 Weeks Approval
Association Type:
Condominium
Pets Allowed?
Lease Number Times per Year Allowed:
1
Amenities Provided by the Homeowner's Association (HOA):
None, Parking
Subdivision Name:
LE TERRACE CONDO
Association Fee Includes:
Maintenance Grounds, Sewer, Trash, Maintenance Structure, Common Areas, Insurance, Reserve Funds, Roof Repairs
Senior Community:
No
Restrictions:
Other Restrictions, No Restrictions
Minimum Days per Lease:
365
Leasing Permitted
Leasing Permitted Details:
Okay To Lease, Okay To Lease During First Year
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable, Other
Zoning and Legal
Tax Legal Description:
LE TERRACE CONDO UNIT 203 UNDIV 939.69/7792.16 INT IN COMMON ELEMENTS OFF REC 25647-3786
Real Estate Folio Number (Parcel Number):
0131121110080
Public Schools Assigned
High School:
Miami Edison
Middle Or Junior School:
Horace Mann
Listing History
Active on the market since:
July 16, 2026
Listing Agreement executed on:
July 16, 2026
Listing Status Last Changed On:
July 16, 2026 4:00 am
Photos updated on:
July 31, 2026 12:49 pm
Last Modified:
July 31, 2026 12:50 pm
Additional Information
Courtesy of:
United Realty Group Inc
Attribution:
Not provided
Location
Floor Number:
2
Street Name:
1st
Street Number:
7516
Unit Number:
203
City:
Miami
State:
Florida
Zip Code:
33138
County:
Miami-Dade
Latitude:
N25° 50' 39''
Longitude:
W81° 48' 16.5''
Street Suffix:
Avenue
Street Direction Prefix:
NE
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $71,518
Median Home Value $686,300
Median Rent $1,647/mo
Median Age 40
Population 28,871

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 45 Good
☀️ O3 30 Good
🫁 PM2.5 45 Good
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Association of REALTORS®
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