An intravascular MRI probe assembly for producing real time, three dimension imagery of an interior of a blood vessel includes a probe has diameter is sufficiently small to fit inside of a blood vessel of a human being. An x coil, a y coil and a pair of z coils is each positioned within the probe for producing a magnetic field to facilitate magnetic resonance imaging of an interior of the blood vessel. A first gradient echo coil, a second gradient coil, a shim coil and a magnet is each positioned within the probe. A conductor is coupled to the probe and the conductor extends away from the second end of the probe. Additionally, the conductor is electrically coupled to a magnetic resonance imaging processor to produce a three dimensional image of the interior of the blood vessel.