ActiveMLS# 1153544622262 days on market
$600,000
Price Reduced↓ $40,000
$408 / sq ft
1523 NW 38th Street
Miami, FL, 33142
5Bedrooms
2Bathrooms
1,472Sq Ft
1925Year Built
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About This Property

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.

Key Features

  • 5,840 sq ft Lot
  • Built in 1925

Property Details

  • Type: Single Family Home
  • Year Built: 1925
  • Lot Size: 5,840 sq ft
  • Sq Ft: 1,472
  • Price / Sq Ft: $408
  • HOA: Contact Agent
  • Bedrooms: 5
  • Bathrooms: 2
  • Feature: 5,840 sq ft Lot
  • Feature: Built in 1925
  • Status: Active
  • MLS Number: 1153544622
  • Days on Market: 262
  • Listed By: Keller Williams Eagle Realty · Barclay Belizaire
  • Zip Code: 33142
Listing information © 2026 Miami MLS. Information deemed reliable but not guaranteed. This listing is represented by TruDeals Realty at 0.5% seller commission. Buyer's agent commission is separate and negotiable.
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$600,0001523 NW 38th Street, Miami, FL
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