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1523 NW 38th Street, Miami, Florida 33142

Active For Sale
$615,000
  • Beds 5
  • Baths 2
  • Sq Ft 1,472 Sqft
  • Visits: 20 in 114 days

Description

Turnkey investment in the heart of Allapattah, currently bringing in $5,000 per month from two separately leased spaces ($2,650 + $2,350), with month-to-month tenants in place. The home has been fully updated with wood-look tile flooring, quartz countertops, stainless steel appliances, split A/C units, and a renovated bathroom with modern fixtures. Interiors are clean, functional, and move-in ready.Outside, a spacious fenced lot offers a large backyard, a secured side entrance, and a dedicated utility and laundry area, giving you both privacy and flexibility.The location is hard to beat: about 15 minutes from Downtown Miami, Wynwood, Brickell, and Miami International Airport, which keeps rental demand strong.This home suits investors who want cash flow from day one, house hackers who want tenants covering the mortgage, and buyers who want options with income already in place.

Features

  • Heating System: Electric
  • Cooling System: Electric
  • Parking: Driveway

Appliances

  • Appliances: Dishwasher

Address Map

  • Country: US
  • State: FL
  • County: Miami-Dade
  • City: Miami
  • Subdivision: ALLAPATTAH VIEW
  • Zipcode: 33142
  • Street: 38th
  • Street Number: 1523
  • Street Suffix: Street
  • Floor Number: 0
  • Longitude: W81° 46' 39.1''
  • Latitude: N25° 48' 40.6''
  • Street Dir Prefix: NW
  • MLS Area: 2310

MLS Addon

  • Association Amenities: No
  • Association Fee: $0
  • Association Fee Frequency: Monthly
  • Carport Spaces:
  • Close Date:
  • Close Price: $0
  • Elementary School: Kelsey L. Pharr
  • Fireplaces Total: 0
  • Garage Spaces: 0
  • High School: Miami Jackson
  • Insurance Expense: $0
  • Interior Features: Main Level Primary
  • Levels: Two
  • Lot Features: Fruit Trees
  • Middle Or Junior School: Georgia Jones-Ayers
  • New Taxes Expense: $0
  • Stories: 2
  • Stories Total: 2
  • Tax Annual Amount: $2,025
  • Zoning: 6107

Location

Listing Updated: 2026-10-14 14:40:19

  • Property Type : Single Family
  • Property Sub Type : Single Family Residence
  • Listing Type : For Sale
  • Listing ID : A11969960
  • Price : $615,000
  • View : Canal, Intercoastal, Water
  • Bedrooms : 5
  • Bathrooms : 2
  • Full Bathrooms : 2
  • Half Bathrooms : 0
  • Square Footage : 1,472 Sqft
  • Year Built : 1925
  • Lot Area : 0.13 Acre
  • Listing Status : Active
  • Days On Market : 114
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