$615,000
1523 NW 38th St, Miami FL 33142
248 days on market
- Bedrooms
- 5
- Bathrooms
- 2
- Living area
- 1,472 sqft
- Price per sqft
- $418
- Type
- Single Family Residence
- Year built
- 1925
- Taxes
- $2,025/yr
- MLS #
- A11969960
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.
Estimated subtotal
$169/mo
- Principal and interestThe current market rate is not available right now. Enter the rate your lender quoted.
- Not included
- Property taxMLS 2025 annual tax, shown monthly
- $169
- HOANot in the MLS record
- Not included
The current market rate is not available right now. Enter the rate your lender quoted.
Estimate. Jumbo and investor loans are often priced differently; verify with your lender. Property tax is the seller's current bill and may be reassessed after purchase. Items marked Not included are not in this total.
Is this the right price?
We send written comps, the full cost of owning it and an offer strategy before you tour or offer.
The neighborhood
Miami, 33142
What to check here
Compare association costs, flood exposure and financing across distinct condo submarkets.
Listing courtesy of Keller Williams Eagle Realty
Listing data provided by the Miami Association of Realtors MLS, deemed reliable but not guaranteed.