1523 NW 38th Street, Miami, FL 33142
- $615,000
- $640,000
Description
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.
Address
Open on Google Maps- Address: 1523 NW 38th Street
- City: Miami
- State/County: FL
- Zip/Postal Code: 33142
Details
Updated on October 12, 2026 at 3:28 pm- MLS # A11969960
- Price $615,000
- Property Size 2352 sqft
- Land Area 0.13 sqft
- Bedrooms 5
- Bathrooms 2
- Garage Size x x
- Year Built 1925
- Property Status Active
- Office Name Keller Williams Eagle Realty
- Agent Name Barclay Belizaire
Additional Details
- Listing Terms Cash, Conventional
- Roof Shingle
- Sewer Public Sewer
- Cooling Electric
- Heating Electric
- County Miami-Dade
- Property Type Residential
- Parking Driveway
- Elementary School Kelsey L. Pharr
- Middle School Georgia Jones-Ayers
- High School Miami Jackson
Mortgage Calculator
- Down Payment
- Loan Amount
- Monthly Mortgage Payment
- Property Tax
- Home Insurance
- PMI
- Monthly HOA Fees
