$615,000
5 bd · 2 ba · 1,472 sq ft · Single Family Residence
1523 NW 38th St, Miami FL 33142
For Sale · Active listing
Est. payment $3,380/mo · Mortgage calculator
Listed by Keller Williams Eagle Realty / Barclay Belizaire
Contact: 305-484-3052 (listing contact).
Shown through Slice Realty. Requests from this page reach Slice Realty / Propiedad Futura, not the listing agent.
About this home
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.
Facts
- MLS #
- A11969960
- Subdivision
- ALLAPATTAH VIEW
- Property type
- Residential
- Property subtype
- Single Family Residence
- Sq. ft.
- 1,472
- Price per sq. ft.
- $418 / sq ft
- Year built
- 1925
- Days on market
- 181
- County
- Miami-Dade County
- Date listed
- Feb 25, 2026
- Last updated
- Oct 12, 2026
Financial considerations
- Taxes
- $2,025 (2025)
Exterior features
- Waterfront
- No
- View
- Other
- Construction
- Concrete Block Construction
- Roof
- Shingle
- Additional features
- Fruit Trees
Interior features
- Heating
- Electric
- Cooling
- Electric
- Appliances
- Dishwasher
- Additional features
- First Floor Entry, Other
Additional features
- Community
- None
Mortgage calculator
Includes principal and interest, taxes and insurance.
Rate: Freddie Mac 30-year average (2026-10-22). Estimate only.
Local context (our analysis)
Area stats are available for our covered neighborhoods. See neighborhoods.
Source: Southeast Florida MLS (SEFMLS). Last updated Oct 12, 2026, 11:23 AM ET
Listing data is deemed reliable but is not guaranteed accurate by the MLS. Information is provided 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.