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1523 NW 38th St

Miami, FL 33142-4831

$615,000 Active

5 Beds 2 Baths 2,352 Sq Ft $418/Sq Ft 1925 Year Built 134 Days on Market
MLS# A11969960 Listed Feb 25, 2026 Courtesy of Keller Williams Eagle Realty

Single Family Residence
Property type
23 days ago
Last updated
1925
Year built
134 days
Days on market
5,840 SF
Lot size

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.

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Type Single Family Residence
Bedrooms 5
Bathrooms 2
Half Baths 0
Living Area 1,472 sq ft
Total Area 2,352 sq ft
Subdivision ALLAPATTAH VIEW
Zoning 6107
Year Built 1925
Lot Size 5,840 sq ft
Lot Features
Less Than 1/4 Acre Lot
Roof
Shingle
Construction
Concrete Block Construction
Style
DetachedTwo Story
Accessibility -
Direction Faces South
Pool No
Pool Features -
Bedrooms
At Least 1 Bedroom Ground Level
Master Bathroom -
Dining Room -
Living Room
Other
Flooring -
Interior Features
First Floor EntryOther
Appliances
Dishwasher
Cooling
Electric
Heating
Electric
Exterior Features
Fruit Trees
Parking Features
Driveway
Parking Total -
Garage No
Garage Spaces 0
Carport -
Carport Spaces 0
Pets Allowed -
Community Features
None
Security Features -
Association No
Waterfront No
Waterfront Features -
View
Other
Water Source
Municipal Water
Sewer
Public Sewer
Annual Amount 2025
Tax Year 2025
Elementary School Pharr; Kelsey L.
Middle School -
High School Miami Jackson
School District -
Property History

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Down Payment (20%)
Estimated Closing Costs (4%)
Total Due at Close
Our preferred lender
Major League Mortgage, LLC
Major League Mortgage, LLC · NMLS #2216568 · nmlsconsumeraccess.org
*Estimates are for informational purposes only and are not an offer or commitment to lend. Rates, payments, and terms shown are hypothetical, may not reflect current market conditions, and are subject to change without notice. Actual loan terms depend on credit approval, property details, and other factors — contact a licensed lender for accurate figures. You are free to choose any lender; use of Major League Mortgage, LLC is optional and not required to purchase or finance a property.
Agent
Jorge Martinez de Castro
Licensed Real Estate Broker
JMC Real Estate Miami, Inc.
+1 (305) 510-5589
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