Condo in 7516 NE 1st Avenue 302, Miami, FL 33138 for sale with MLS# F10548465

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.

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Days on the market

7516 NE 1st Avenue 302, Miami, FL 33138

Price
Price:
$199,500.00
Original List Price:
$199,500.00
List Price per Sq Ft (Calculated, Approx.):
$277.08
More Listings Same Building:
Le Terrace in 7516 1st Ave Miami
Property Status and Type
Listing Type:
For Sale
Status:
Active
Contingency:
Active Under Contract
Listing Category:
Residential
Property Type:
Condominium
Description of Last Important Update:
Back On Market
Last Major Update on:
April 13, 2026 7:30 pm
Rooms Distribution
Bedrooms:
1
Bathrooms Total:
1
Full Bath:
1
Room Type:
Laundry
Rooms Total:
1
Master Bedroom Bath:
Master Bdrm - Ground, Combo Tub/shower
Dining Area:
Dining/Living Room, Breakfast Area
Measures
Living Area:
720 Sqft
Lot Features:
Fruit Tree(s)
Property Features
View from the Property:
Garden, Other
Waterfront:
No
Security:
Smoke Detector(s), Security Fence
Furnished:
Unfurnished
Appliances:
Dryer, Dishwasher, Microwave, Refrigerator, Washer, Electric Range
Interior:
Pantry, Walk-In Closet(s), Kitchen Island, Bar, Storage
Exterior:
Balcony, Lighting, Courtyard
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Fence:
Fenced
Property Entrance Faces:
South
Unit Description:
Efficiency
Balcony Details:
Balcony - Open
Storm Protection Details:
High Impact Windows
Construction
Year Built:
2007
Levels:
Two
Entry Level (floor):
3
Entry Level Location:
Third Floor Entry,Bar,Kitchen Island,Pantry,Walk-In Closets
Construction Materials:
Block, Concrete Block - No Stucco
Flooring:
Vinyl
Number of stories:
3
Structure Type:
Multi Family
Property Condition:
Resale, Updated/remodeled
Taxes and Expenses
Tax Annual Amount:
$2,100.00
Tax Year:
2025
Association Fee:
$461.00
Association Fee Frequency:
Monthly
Property Tax Details:
City/County
Parking
Garage Spaces:
0
Covered Spaces:
0
Parking Features:
Assigned, Open
Utilities
Utilities Available:
Cable Available
Community
Association
Application Required
Application Fee:
$150.00
Application Information:
1-2 Weeks Approval
Pets Allowed?:
Size Limit (There are size restrictions on allowed pets), Yes, There is a limit on the number of pets allowed
Lease Number Times per Year Allowed:
2
Amenities Provided by the Homeowner's Association (HOA):
Other, Parking
Subdivision Name:
LE TERRACE CONDO
Association Fee Includes:
Maintenance Grounds, Sewer, Water, Trash, Common Areas, Insurance, Reserve Funds
Senior Community:
No
Development Name:
LE TERRACE
Restrictions:
Other Restrictions, No Restrictions, Parking - No Trailer
Terms
Listing Terms Considered by Seller:
Cash, Conventional, FHA
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
LE TERRACE CONDO UNIT 302 UNDIV 720/7792.16 INT IN COMMON ELEMENTS OFF REC 25647-3786 COC 25961-1855 09 2007 1
Real Estate Folio Number (Parcel Number):
01-31-12-111-0060
Listing History
Active on the market since:
April 13, 2026
Listing Agreement executed on:
January 26, 2026
Purchase Contract Date:
March 17, 2026
Listing Status Last Changed On:
April 13, 2026 7:30 pm
Photos updated on:
January 26, 2026 1:21 pm
Last Modified:
April 17, 2026 1:28 am
Additional Information
Courtesy of:
Home Sold Realty LLC
Attribution:
Not provided
Location
Street Name:
1st
Street Number:
7516
Unit Number:
302
City:
Miami
State:
Florida
Zip Code:
33138
County:
Miami-Dade
Latitude:
N25° 50' 39.5''
Longitude:
W81° 48' 16.3''
Street Suffix:
Avenue
Street Direction Prefix:
NE
Property Map

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) 50 Good
☀️ O3 50 Good
🫁 PM2.5 50 Good

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Association of REALTORS®
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