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7516 NE 1st Ave Apt 302
Condo
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$199,500

$277/sqft

7516 NE 1st Ave Apt 302, Miami

70% below median
1 bd·1 ba·720 sqft
Built 2007Little River Central

7516 NE 1st Ave Apt 302, Miami, FL

1 bd · 1 ba · 720 sqft Condo listed at $199,500, built in 2007 in the Little River Central neighborhood.

About this home

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.

Property details

Price
$199,500
Bedrooms
1
Bathrooms
1
Interior
720 sqft
Price / sqft
$277
Year built
2007
Type
Condo
Days on market
45
Est. property tax
$1,716/yr · $143/mo · 0.86% FL avg
HOA
$461/mo
Last sold
$156,000 · Jan 2026

Estimated monthly payment

Down payment20% ($39,900)
Interest rate6.75%
Principal & Interest$1,035
Property Tax$183
Insurance$150
Total$1,368/mo

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Price history

99%Most recent change on 2026-03-11: $199,500$2,000.

$231K$106K$-19K$143K on Oct 07 (Sold)$210K on Sep 22 (Initial list)$185K on Oct 22 (Price change)$125K on Jan 23 (Sold)$2K on Jul 23 (Price change)$2K on Aug 23 (Price change)$2K on Jul 25 (Price change)$2K on Jul 25 (Price change)$156K on Jan 26 (Sold)$2K on Jan 26 (Price change)$200K on Jan 26 (Initial list)$200K on Mar 26 (Initial list)$2K on Mar 26 (Price change)
$143K · Oct 07$2K · Mar 26
  1. Mar 11, 2026$2,000Price change
  2. Mar 11, 2026$199,500Initial list price
  3. Jan 26, 2026$199,500Initial list price
  4. Jan 20, 2026$2,000Price change
  5. Jan 7, 2026$156,000Sold
  6. Jul 19, 2025$2,000Price change
  7. Jul 12, 2025$2,000Price change
  8. Aug 12, 2023$2,000Price change
  9. Jul 4, 2023$2,000Price change
  10. Jan 31, 2023$125,000Sold
  11. Oct 14, 2022$185,000Price change
  12. Sep 27, 2022$210,000Initial list price
  13. Oct 1, 2007$143,000Sold

Location

This home is located in Miami, FL, in the South Florida area. Browse more Miami listings on the Miami market page or explore the full Miami market report.

Home Intelligence

Neighborhood (zip 33138)

Median age is 41.3; 25% hold a bachelor's degree; 49% of homes are owner-occupied; median household income is $58,990.

Median income
$58,990
Median age
41.3
Owner-occupied
48.8%
Bachelor's degree
25.0%
Census median home value
$604,300

Source: US Census Bureau American Community Survey 5-year estimates.

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