Single Family Residence
1523 NW 38th St
1523 NW 38th St, Miami FL 33142 Get directions
$600,000
5 Beds · 2 Baths · 1,472 SqFt
See estimated monthly costThis listing is courtesy of Keller Williams Eagle Realty. Barclay Belizaire
Overview
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.
Facts & features
Interior
- Living area (sq ft)
- 1,472
- Full bathrooms
- 2
- First Floor Entry
- Other
Building & exterior
- Year built
- 1925
- Lot size (sq ft)
- 5,840
- Other
- Fruit Trees
- Driveway
HOA (homeowners association)
- No Restrictions
Taxes
- Annual tax
- $2,025
- Tax year
- 2025
- Parcel number
- 01-31-23-018-0121
Assigned schools
- Elementary
- Pharr; Kelsey L.
- High
- Miami Jackson
Listing
- MLS number
- A11969960
- Property type
- Single Family Residence
- Price per SqFt
- $408
- Subdivision
- ALLAPATTAH VIEW
- On market since
- Feb 25, 2026
- Days on market
- 200
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| Feb 25, 2026 | Listed | $640,000 | — |
| Oct 31, 2026 | Price change | $600,000 | −$15,000 (−2.4%) |
Milestones recorded on this listing. Not a complete MLS price history.
Estimated monthly cost
$3,653 per month
- Principal & interest (30 yr)
- $3,034
- Property tax
- $169
- Insurance (estimated)
- $450
An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.
Location
Nearby schools
- Pace Center for Girls
- Tops Christian Academy
- Miami Jackson Adult Education
- Miami Jackson Senior High
- Miami International Academy
- Citi Christian Academy
- Maya Angelou Elementary
- Georgia Jones-Ayers Middle
- Watch Me Grow Learning Center III
- Kelsey L. Pharr Elementary
- Center of Life Academy
- Interamerican Learning Center
- A League of Their Own Academy
- Lenora B. Smith Elementary
- It''s A Small World Elementary School
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