Live Listing

1523 NW 38th Street

Miami, FL 33142 ALLAPATTAH VIEW

List Price $615,000
PROPERTY DESCRIPTION

Property Description

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.

PROPERTY DETAILS

Property Details

Listing Information

MLS ID
A11969960
Listing Status
Active
Property Type
Single Family Residence
Bedrooms
5
Bathrooms
2
Living Area
1,472 sq ft
Lot Size
5,840 sq ft
Year Built
1925
Community
ALLAPATTAH VIEW
County
Miami-Dade

Property Features

Appliances
Dishwasher
Cooling
Electric
Heating
Electric
Parking
Driveway
Waterfront
False
Lot Features
Fruit Tree(s)
View
Other
Property Tax
$2,025 (2025)
Evelyn Yang South Florida Real Estate
Evelyn Yang 561.972.3158
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