ALLAPATTAH VIEW

1523 NW 38th St, Miami FL 33142

5 beds · 2 baths · 1,472 ft²

For Sale · Active Listing

$615,000

3.91%

Est. Payment $3,273/mo

MLS Sheet Video

5

Bedrooms

2

Bathrooms

1,472

Sq. Ft.

1925

Year Built

79

Days on Market

Description

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.

Facts

MLS#
A11969960
Subdivision
ALLAPATTAH VIEW
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
1925
Lot Size
5,840 ft²
Sq. Ft.
1,472 ft²
Sq. Mt.
137 m²
Price per sq. ft.
$418/ft²
Price per sq. mt.
$4,489/m²
Stories
Garage
Pool
Days on Market
79 days
Listed
Feb 25, 2026
Last Updated
May 15, 2026
Price/Lot Sq.Ft.
$105/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100
Buyers marketSellers market

41

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

4/6/2026Price change$615,000-3.9%
2/25/2026Listed for sale$640,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

1523 NW 38th St, Miami FL 33142Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$3,936/mo

Principal & Interest

$3,273

Property Tax

$513

Insurance

$150

HOA

$0

20% ($123,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.

Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.

Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.

Updated within 24 hours

Similar listings nearby

More homes in Miami around $615,000.

Call NowWhatsApp