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$199,000

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 940 Sq. Ft.
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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

Full Property Details for 7516 NE 1st Ave #203

General

  • Price: $199,000
  • HOA FEE: $560/month
  • Taxes: $272 (2015)
  • Status: Active
  • Type: Condo
  • Source: Greater_Miami
  • MLS ID: A12054756
  • Updated: 8/18/2026
  • Added to Site: 51 day(s) ago

Interior

  • Interior Features: Second Floor Entry, Walk-In Closet(s)
  • Appliances: Electric Range, Refrigerator, Washer
  • Furnishings: Unfurnished
  • Flooring: Tile

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Primary Bathroom: Combination Tub & Shower

Bedrooms

  • Total Bedrooms: 2
  • Bedroom Features: At Least 1 Bedroom Ground Level, Other, Primary Bath Shower

Additional Information

  • Shared Amenities: Exterior Lighting, None
  • Maint. Includes: Building Exterior, Common Area, Insurance, Landscaping/Lawn Maintenance, Outside Maintenance, Parking, Reserve Fund, Roof Repairs, Sewer, Trash Removal
  • Security/Safety: Complex Fenced

Exterior

  • Exterior Features: Other, Open Balcony
  • Deck/Patio: Open Balcony

Parking

  • Parking Features: 1 Space

Location

  • Area: Le Terrace Condo
  • County: Miami-Dade County
  • Subdivision: LE TERRACE CONDO
  • Building Name: LA TERRASSE

School Information

  • Elementary School: Jesse J McCrary Jr.
  • Middle School: Horace Mann
  • High School: Miami Edison

Community

  • Community Name: Le Terrace Condo
  • Association: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ceiling Fan(s), Central Air
  • Heating Type: Electric

Structural Information

  • Structure Type: Condo 1-4 Stories, Condo
  • Detached/Attached: Attached
  • Construction: CBS Construction
  • Entry Floor Number: 2
  • Building Size: 940
  • Square Feet: 940
  • Living Area: 940 Sq. Ft.
  • Year Built: 2007

Lot Features

  • Property View: Garden View
  • Fencing (Description): Fenced

Financial Considerations

  • Price Per Sq. Ft.: $211.7
  • Association Fee: $560
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $272
  • Tax Year: 2015
  • Terms: All Cash, Conventional

Disclosures and Reports

  • Legal Description: LE TERRACE CONDO UNIT 203 UNDIV 939.69/7792.16 INT IN COMMON ELEMENTS OFF REC 25647-3786
  • Restrictions: Corporate Buyer OK, No Restrictions, Ok To Lease, Okay To Lease 1st Year
  • Property ID: 01-31-12-111-0080

Listed by United Realty Group Inc and MMLS Assoc.-Inactive Member

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Listing agents

— 7516 NE 1st Ave #203 —

  • United Realty Group Inc

  • MMLS Assoc.-Inactive Member

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 7516 NE 1st Ave #203

School District:Dade County School District
NameGradesDistance
Jesse J. Mccrary, Jr. Elementary School
514 Northwest 77th Street, Miami, FL 33150
PK-50.6 mi
Horace Mann Middle School
8950 Nw 2nd Ave, El Portal, FL 33150
6-81 mi
Miami Edison Senior High School
6161 Northwest 5th Court, Miami, FL 33127
9-121 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7516 NE 1st Ave #203 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/18/2026
Price Reduced
$199,000
-7.44%
MLS
7/16/2026
Listed
$215,000
59.26%
MLS
9/10/2008
Sold
$135,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 7516 NE 1st Ave #203

Year
Property Taxes
Change
Tax Assessment
Change
2025
$272
9%
$38,590
3%
2024
$250
6%
$37,503
3%
2023
$235
19%
$36,411
6%
2021
$198
-7%
$34,322
-3%
2022
$213
8%
$35,351
4%
2021
$198
14%
$33,849
2%
2019
$173
11%
$33,088
2%
2018
$156
8%
$32,472
2%
2017
$144
7%
$31,805
2%
2016
$134
2%
$31,151
1%
2015
$132
2%
$30,935
1%
2014
$129
—
$30,690
—
2013
$129
—
$30,690
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 7516 NE 1st Ave #203

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by United Realty Group Inc and MMLS Assoc.-Inactive Member

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7516 NE 1st Ave #203, Miami, FL 33138 (MLS# A12054756) is a Condo property with 2 bedrooms and 2 full bathrooms. 7516 NE 1st Ave #203 is currently listed for $199,000 and was received on July 16, 2026. Want to learn more about 7516 NE 1st Ave #203? Do you have questions about finding other Condo real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

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