$615,000
 $3,301 est/mo Sourced by Back At You

1523 NW 38th Street,Miami, FL 33142

Miami, FL 33142

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Description

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

MLS #A11969960
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1925
Days On Site195
Listing Provided ByKeller Williams Eagle Realty | Barclay Belizaire

Features

Bed(s)5
Bath(s) 2 Total
SQ Feet1,472
Story(s)2
Zoning6107
Acreage0.13
Property ViewYes

Exterior

Lot FeaturesFruit Trees

Parking

Garage Yes / NoNo
Parking FeaturesDriveway

Taxes

Tax Annual Amount2025

Area Information

StateFL
CountyMiami Dade
CityMiami
Zip Code33142
Area2310
Community NameALLAPATTAH VIEW
Listing VS Median (in ALLAPATTAH VIEW)
Price:
$615,000
low | high
Med:
$309,000
99.756097560976% of Average
sqft:
1,472
low | high
Med:
1,978
15.625% of Average
$ / sqft:
$418
low | high
Med:
$210
99.855465221319% of Average
On site:
195
low | high
Med:
231.5
84.233261339093% of Average
Sourced by Back At You

Market Activity 33142

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Learn More About This Property

StateFL
CountyMiami Dade
CityMiami
Zip Code33142
Area2310
Community NameALLAPATTAH VIEW
Listing VS Median (in ALLAPATTAH VIEW)
Price:
$615,000
low | high
Med:
$309,000
99.756097560976% of Average
sqft:
1,472
low | high
Med:
1,978
15.625% of Average
$ / sqft:
$418
low | high
Med:
$210
99.855465221319% of Average
On site:
195
low | high
Med:
231.5
84.233261339093% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $461K - $768K
sqft: 1,000 - 1,500
Listing Updated: September 5, 2026 at 7:59:24 AM PDT