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1523 NW 38th St, Miami, Florida 33142

Active For Sale
$615,000
  • Beds 5
  • Baths 2
  • Sq Ft 1,472 Sqft
  • Visits: 22 in 233 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.rnrnOutside, 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.rnrnThe location is hard to beat: about 15 minutes from Downtown Miami, Wynwood, Brickell, and Miami International Airport, which keeps rental demand strong.rnrnThis 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

  • Swimming Pool: No
  • 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 St
  • Street Number: 1523
  • Floor Number: 0
  • Longitude: W81° 46' 39.1''
  • Latitude: N25° 48' 41.1''
  • Street Dir Prefix: NW
  • MLS Area: 31

MLS Addon

  • Architectural Style: Detached, Two Story
  • Association Fee: $0
  • Association Fee Frequency: Monthly
  • Carport Spaces:
  • Close Date:
  • Close Price: $0
  • Elementary School: Pharr; Kelsey L.
  • Exterior Features: Fruit Trees
  • Fireplaces Total: 0
  • Flooring: Porcelain Tile
  • Garage Spaces: 0
  • High School: Miami Jackson
  • Insurance Expense: $0
  • Interior Features: Bedroom on Main Level, First Floor Entry
  • Levels: Two
  • Lot Features: < 1/4 Acre
  • New Taxes Expense: $0
  • Stories: 2
  • Stories Total: 0
  • Tax Annual Amount: $2,025

Location

Listing Updated: 2026-10-13 19:50:17

  • Property Type : Single Family
  • Property Sub Type : Single Family Residence
  • Listing Type : For Sale
  • Listing ID : A11969960
  • Price : $615,000
  • View : Other
  • Bedrooms : 5
  • Bathrooms : 2
  • Full Bathrooms : 2
  • Half Bathrooms : 0
  • Square Footage : 1,472 Sqft
  • Year Built : 1925
  • Lot Area : 0 Acre
  • Listing Status : Active
  • Days On Market : 232
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