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Homes for sale in Miami
Single Family Residence

1523 NW 38th St

Miami, FL 33142
$615,000
Beds
5
Baths
2
Sq ft
1,472
Year built
1925
Price per sq ft
$418

Listing courtesy of Barclay Belizaire, Keller Williams Eagle Realty

About this home

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.

Details

Property

Type
Single Family Residence
Style
Detached, Two Story
Building
R30-No Pool/No Water
Year built
1925
Lot size
5,840 sq ft
Building name
ALLAPATTAH VIEW
Subdivision
ALLAPATTAH VIEW
County
Miami-Dade County
Faces
South
Flood zone
AH,X

Interior

Appliances
Dishwasher
Cooling
Electric
Heating
Electric
Features
First Floor Entry

Exterior and parking

Exterior
Fruit Trees
Parking
Driveway
Construction
Concrete Block Construction
Roof
Shingle

Community and fees

Annual taxes
$2,025
Terms
All Cash, Conventional

Neighborhood

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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.

Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated August 26, 2026.