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1523 NW 38th Street, Miami, FL 33142

Miami, FL, 33142 · ALLAPATTAH VIEW

$615,000

5 bd · 2 ba · 1,472 sqft

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About this home

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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Listing information is provided by BeachesMLS via the Spark Platform. All information is deemed reliable but not guaranteed and should be independently verified. Properties may or may not be listed by the office/agent presenting the information.

Last updated 2026-07-13