$615,000
1523 NW 38th St, Miami FL 33142
5 beds · 2 baths · 1,472 sq ft · Single Family Residence · Active
MLS# A11969960 · Listing courtesy of Keller Williams Eagle Realty
Facts
- Bedrooms
- 5
- Bathrooms
- 2
- Living area
- 1,472 sq ft
- Price per sq ft
- $418
- Lot
- 5,840 sq ft
- Type
- Single Family Residence
- Year built
- 1925
- Exposure
- South
- Taxes
- $2,025 (2025)
- Listed
- Feb 25, 2026
About this residence
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.
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Location
1523 NW 38th St, Miami FL 33142Open in Google Maps
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The data relating to real estate for sale on this web site comes in part from the participating Associations/MLSs and Miami Association of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listing data last updated 10/22/2026, 12:00:56 PM ET.