7516 NE 1st Ave #203, Miami, FL, 33138
About This Home
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
Getting Around
Very Walkable
Good Transit
Very BikeableSchools
Construction
Condition
- Year built: 2007
Materials
- Construction materials: CBS Construction
Type & Style
- Home type: Condo
- Property subType: Condominium
Interior
Appliances
- Appliances included: Electric Range,Refrigerator,Washer
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Features
- Walk-In Closet(s)
- Flooring: Tile
Heating & Cooling
- Heating features: Electric
- Cooling features: Ceiling Fan(s),Central Air
Interior Area
- Total structure area: 940
- Total interior livable area: 940 sqft
Property
Details
- Parcel number: 0131121110080
- Attached to another structure: Yes
Features
- Entry location: Second Floor Entry
- Exterior features: Other,Balcony
- Fencing: Fenced
- Has view: Yes
- View description: Garden
Parking
- Parking features: 1 Space
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Cold Wave
- Heat Wave
- Inland Flooding
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Miami-Dade County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,087 | $13,044 |
| Home Insurance * | $203 | $2,436 |
| Property Taxes | $120 | $1,440 |
| Electricity | $197 | $2,366 |
| Total | $1,607 | $19,284 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-19 | Listed for sale | $215,000 |
| 2008-09-11 | Sold | $135,000 |
View on Zillow