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Property for sale
$615,000
Single Family Residence
1523 NW 38th St, Miami FL 33142
5
Beds
2
Baths
1,472 sqft
Living area
1925
Year built

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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.

Built in 1925
Property Type: Residential

Property highlights

5 bedrooms
2 bathrooms
1,472 sqft of living area
5,840 sqft lot
Built in 1925
Less Than 1/4 Acre Lot
Fruit Trees

Features & Amenities

Interior

First Floor Entry
Other

Appliances

Dishwasher

Exterior

Fruit Trees

Community

None

Parking

Driveway
$615,000 5 beds / 2 baths / 1,472 sqft

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