1523 NW 38th Street, Miami, FL 33142

Miami, FL 33142
$615,000
4% from $640,000
Beds
5
Baths
2
Living Area
1,472 SF
Year Built
1925
$/SF
$418
Type
SingleFamilyResidence
DOM
141
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About this property

5 bed · 2 bath · 1,472 sqft · Built 1925

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 facts
Property type
SingleFamilyResidence
Year built
1925
Stories
2
Roof
Shingle
Subdivision
ALLAPATTAH VIEW
Waterfront
No
Private pool
No
Public records
Parcel number
0131230180121
Annual tax
$2,025

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Listing data sourced from BeachesMLS / Trestle. All information herein is deemed reliable but is not guaranteed and should be independently verified. Information last updated 7/17/2026. Represented by Eleven Realty Partners, LLC d/b/a XI Realty · Equal Housing Opportunity.

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