1523 NW 38th Street, Miami, FL 33142

$600,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A11969960

Property Type: Residential Bedrooms: 5 Baths: 2 Square Footage: 2,352 Status: Active

Current Price: $600,000 List Date: 7/13/2026 Last Modified: 10/31/2026

Overview

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.

Listing Details MLS# A11969960

General Property Information

Property Sub Type: Single Family Residence
Bedrooms Total: 5
Bathrooms Total: 2
Bathrooms Full: 2
Building Area Main: 2352
Living Area Main: 1472
Adjusted Area Main: 1571
Year Built: 1925
Lot Size Area: 5840
Lot Size Acres: 0.13
Senior Community YN: No
Stories Total: 2
Direction Faces: South
Pool Private YN: No

Property Features

Parking Features: Driveway Appliances: Dishwasher Construction Materials: Block Cooling: Electric Heating: Electric Levels: Two Listing Terms: Cash; Conventional Lot Features: Fruit Tree(s) Possession: Negotiable Restrictions: No Restrictions Roof: Shingle Sewer: Public Sewer Special Information: Sold As-Is Tax Information: City/County; County Only View: Other Water Source: Public Showing Requirements: 24 Hour Notice Room Types: Other

Contract Information

Comp Sale YN: No
Original List Price: 640000
Occupant Type: Tenant

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 1523
Street Direction Prefix: NW
Street Name: 38th
Street Suffix: Street
City Name: Miami
Municipal Code: Yes
State Or Province: FL
Postal Code: 33142
Postal Code +4: 4831
Postal Zip: 33142
Subdivision Name: ALLAPATTAH VIEW
Area: 2310
Elementary School: Kelsey L. Pharr
Middle Or Junior School: Georgia Jones-Ayers
High School: Miami Jackson
Parcel Number: 0131230180121
Subdivision Number: 18
Zoning: 6107
Flood Zone: AH,X

Financial Information

Membership Fee Required YN: No
Tax Annual Amount: 2025
Tax Year: 2025
Tax Legal Description: ALLAPATTAH VIEW PB 12-67 LOT 14 BLK 1 LOT SIZE 40.000 X 146 OR 11424-0621 0482 1 COC 23839-0434 09 2005 5

Status Change Information

Major Change Timestamp: 2026-10-31T17:09:55Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-10-31T17:09:55Z
Status Change Date: 2026-07-13

More Information

Entry Information

Entry Level: Yes

Price Calculations

Current Price To SqFt: 407.6

Section Details

Parcel Number MLX: 0121

Originating Details

Originating System Key: 428354442
Originating System ID: M00000151

Room Information

Room Name
Other

Listing Office: Keller Williams Eagle Realty

Last Updated: October - 31 - 2026

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1523 NW 38th Street, Miami, FL 33142 (MLS# A11969960)