Atlantic Luxury Advisors
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54 photos

7516 1st Ave #203

Miami, FL 33138

$199,000
2
2
940 sq ft
2007
Condominium
$560/mo
55
Active

Listing courtesy of United Realty Group Inc (Shevaun Gandy). Contact: [email protected].

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

What it costs to own
Estimated monthly payment
$1,934/mo
Principal and interest
$1,006
Property tax
$243
Homeowners insurance
$125
HOA
$560

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$2,921/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
$560/mo (from the listing)
FEMA flood zone
Zone X, minimal risk

Outside the special flood hazard area. Flood insurance is optional.

Hurricane evacuation zone
Zone D: ordered to evacuate for Category 3 hurricanes and stronger.

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.