Home in 1523 NW 38th Street, Miami, FL 33142 for sale with MLS# A11969960

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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1523 NW 38th Street, Miami, FL 33142

Price
Price:
$615,000.00
Original List Price:
$640,000.00
List Price per Sq Ft (Calculated, Approx.):
$417.79
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential
Property Type:
Single Family House
Description of Last Important Update:
Price Reduced
Last Major Update on:
July 16, 2026 1:37 pm
Other Special Conditions:
Sold As-is
Rooms Distribution
Bedrooms:
5
Bathrooms Total:
2
Full Bath:
2
Room Type:
Other
Master Bedroom Bath:
Master Bdrm - Ground
Measures
Living Area:
1,472 Sqft
Built-Up Area:
2,352 Sqft
Lot Features:
Fruit Tree(s)
Lot Size Acres:
0.13
Property Features
View from the Property:
Other
Waterfront:
No
Appliances:
Dishwasher
Air Conditioning
Air Conditioning System:
Electric
Heating
Heating System:
Electric
Property Entrance Faces:
South
Construction
Year Built:
1925
Roof:
Shingle
Levels:
Two
Entry Level (floor):
1
Construction Materials:
Block
Number of stories:
2
Flood Zone Code:
AH,X
Taxes and Expenses
Tax Annual Amount:
$2,025.00
Tax Year:
2025
Property Tax Details:
City/County, County Only
Parking
Garage Spaces:
0
Covered Spaces:
0
Parking Features:
Driveway
Utilities
Sewer:
Public Sewer
Water Source:
Public
Community
Subdivision Name:
ALLAPATTAH VIEW
Senior Community:
No
Restrictions:
No Restrictions
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable
Zoning and Legal
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
Real Estate Folio Number (Parcel Number):
0131230180121
Zoning:
6107
Public Schools Assigned
High School:
Miami Jackson
Middle Or Junior School:
Georgia Jones-ayers
Listing History
Active on the market since:
July 13, 2026
Listing Agreement executed on:
February 25, 2026
Purchase Contract Date:
May 16, 2026
Price change occurred on:
July 16, 2026 1:37 pm
Listing Status Last Changed On:
July 13, 2026 6:04 pm
Photos updated on:
August 26, 2026 10:50 pm
Last Modified:
September 2, 2026 1:34 pm
Additional Information
Courtesy of:
Keller Williams Eagle Realty
Attribution:
Not provided
Location
Street Name:
38th
Street Number:
1523
City:
Miami
State:
Florida
Zip Code:
33142
County:
Miami-Dade
Latitude:
N25° 48' 40.6''
Longitude:
W81° 46' 39.1''
Street Suffix:
Street
Street Direction Prefix:
NW
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $37,900
Median Home Value $298,000
Median Rent $1,289/mo
Median Age 40
Population 56,437

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 35 Good
☀️ O3 35 Good
🫁 PM2.5 35 Good
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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.