Single Family Home

1523 NW 38th St

$615,000

1523 NW 38th St, Miami, FL, 33142

1523 NW 38th St photo 1
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LIST PRICE$615,000Price Reduced: -$25K
BEDROOMS5
BATHROOMS2
HOUSE sq ft1,472
LOT sq ft5,840

Overview

Renovated income-producing single-family home in the heart of Allapattah generating $5,000 per month ($2,650 + $2,350) with month-to-month tenants in place. This fully updated property features modern finishes throughout, including wood-look tile flooring, quartz countertops, stainless steel appliances, split A/C units, and a beautifully renovated bathroom with contemporary fixtures. The layout offers functional living space with clean, move-in-ready interiors. Situated on a spacious fenced lot with a large backyard, secured side entrance, and dedicated utility/laundry area, this property provides both privacy and versatility. Centrally located just 15 minutes from Downtown Miami, Wynwood, Brickell, and Miami International Airport , making it highly desirable for both residents and tenants. Ideal for investors seeking immediate cash flow, house hackers looking to offset their mortgage, or buyers wanting flexibility with strong rental demand already in place. Renovated. Centrally located. Income-producing. Flexible.

Property Details

$615,000Price Reduced: -$25K
Property Type
Residential
Subtype
Single Family Residence
Year Built
1925
Status
Active
MLS #
A11969960
Living Area
1,472 sq ft
$/Sq Ft (Living)
$418
Lot Size
5,840 Square Feet
$/Sq Ft (Lot)
$105
Annual Taxes
$2,025
Days on Market
134

Monthly Payment

$3,746/mo

Principal & interest$3,270
Property taxfrom listing$169
Homeowners insuranceestimate$308

$123,000 down

Principal & interest is exact for these inputs. Tax and HOA come from the listing; rate, insurance are editable estimates. Not a loan offer.

Notable Features

Scenic Views

Location Scores

Location

1523 NW 38th St, Miami, FL, 33142