$640,000

Homes For Sale
5 Beds
2 Baths
1,472 Sq Ft
0.13 Acres
$435 per Sq Ft
1523 NW 38th St
Miami, FL

About This Property

Renovated income-producing single-family home in the heart of Allapattah generating $5,400 per month ($2,800 + $2,600) 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.

Key Details

Property Type Homes For Sale
Listed Feb 25, 2026
Bedrooms 5
Bathrooms 2
Square Feet 1,472
Lot Size 0.13 acres
MLS # 2991898802
Status Active

Location