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$615,000
Monthly Est:$3,061
5 Beds
2 Baths2 full baths
1,472sqft
1523 NW 38th Street, Miami, FL 33142
$615,000
$3,061/moEst:
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Single Family Residence
Built in 1925
$-- HOA
5,662.8 sqft lot
$418/sq.ft
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.
- Houzeo last checked: 2 hours ago
- Listing updated: October 28, 2026 at 1:53 pm
- Listing Provided by: Barclay Belizaire (305) 484-3052 DRE #3498165 | Keller Williams Eagle Realty (305) 757-1700
- Source: Beaches MLS-FL | MLS#: A11969960
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
2
County
City
Neighborhood
Year Built
1925
HOA Fees
-
Finished Area
1,472 sqft
Lot Size
5,662.8 sqft lot
Basement Area
- sqft
MLS Name
Beaches MLS
MLS Number
A11969960
MLS Status
Active
Days on Market
245
Cumulative Days on Market
229
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 2
Interior
Interior Features
Main Level Primary
Cooling
Electric
Appliances
Dishwasher
Heating
Electric
Sewer
Public Sewer
Construction
Year Built
Year Built: 1925
Home type
Single Family Residence
Roof
Shingle
Construction Materials
Block
Utilities & Energy
Association Amenities
None
Parking Features
Driveway
Water Source
Public
Other Features
Lot Features
Fruit Trees
Subdivision Name
Allapattah View
Price History
| Date | Event | Price |
|---|---|---|
07/13/2026 Source: | Off Market | $615,000 $418/sqft |
07/13/2026 Source: | Listed for Sale | $615,000 -21.15% $418/sqft |
06/27/2025 Source: | Listing Removed | $780,000 $530/sqft |
06/18/2025 Source: | Listed for Sale | $780,000 +20.00% $530/sqft |
04/07/2025 Source: #A11765077 | Listing Removed | $650,000 $442/sqft |
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Allapattah Ranks #3 in Miami, FL
Homes
Rental Prices
Median Home Price
Getting Around 1523 NW 38th Street
Bike Score®
Bikeable
67/100
Walk Score®
Very Walkable
82/100
Transit Score®
Good Transit
63/100
Data provided by Redfin
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IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by BeachesMLS. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This data is not verified for authenticity or accuracy and may not reflect all real estate activity in the market. Based on information © 2026 BeachesMLS, Inc. All Rights Reserved.
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