About This Home
This 5-bedroom, 2-bathroom single family at 1523 NW 38th St in Miami, FL is listed for $615,000 ($418 per sqft). Built in 1925, the home offers 1,472 sqft of living space on a 0.13 acres lot.
Key Features
- Built in 1925
- 0.13 acre lot
- 2 stories
Property Details
Amenities
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.
Monthly Cost Estimate
$3,289/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1523 NW 38th St
Miami, FL 33142
ALLAPATTAH VIEW
Features & Amenities
Interior Features
Exterior Features
Property Details
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 5-bedroom, 2-bathroom single family at 1523 NW 38th St is listed at $615,000 ($418/sqft). The estimated monthly payment is $3,289 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1925, 0.13 acre lot, 2 stories. Interior Features: Bedroom on Main Level, First Floor Entry. Exterior Features: Fruit Trees.
This property is listed by Barclay Belizaire and can be reached at 3054843052.







