1523 NW 38th Street, Miami, FL 33142

$600,000 · Active

  • 5 beds
  • 2 baths
  • 1,472 sq ft
  • 256 days on market
  • Single Family Residence
  • Built 1925
  • Lot 5,662.8 sq ft
  • 2,352 sq ft total
  • Miami-Dade County
  • MLS# A11969960
  • Allapattah View
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About this home

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.

Schools

  • Elementary: Kelsey L. Pharr
  • Middle: Georgia Jones-Ayers
  • High: Miami Jackson

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Keller Williams Eagle Realty · david@davidinmiami.com · Listing agent: Barclay Belizaire

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Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 1523 NW 38th Street.

Before You Make an Offer

Buying a home with a tenant in place

Your Buyer May Already Be Working With BreakThru Realty

Buyers come to BreakThru Realty searching for homes like this one, and many have shared their exact requirements with us: the neighborhood, the price, the bedrooms, the pool, the timing. If you own a home nearby and are weighing a sale, a broker can check it against those requirements before you list, and if no buyer on file fits, show you how we would reach the rest of the market.

BreakThru Realty works with hundreds of prequalified buyers searching for properties. Before you list, a broker reviews what you own, the market around it and whether an existing buyer's requirements match. If none does, you see how we would position it to reach other qualified buyers.

Find Out If We Have Your Buyer · Discuss Selling With BreakThru Realty

A potential match is a conversation, not an offer, until the buyer sees your property and makes one. No buyer is named and nothing about your property or business is shared until you decide to proceed.

Questions About 1523 NW 38th Street

How much is 1523 NW 38th Street?
1523 NW 38th Street is listed at $600,000, which is about $408 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the property taxes on 1523 NW 38th Street?
The listing reports annual property taxes of $2,025 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 1523 NW 38th Street built?
1523 NW 38th Street was built in 1925. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 1523 NW 38th Street been on the market?
1523 NW 38th Street has been listed for 256 days, and the asking price has been reduced from $640,000. Days on market and price changes are the first signals of how much room there is to negotiate.
Which schools serve 1523 NW 38th Street?
The MLS lists Kelsey L. Pharr (elementary), Georgia Jones-Ayers (middle), Miami Jackson (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
How do I see 1523 NW 38th Street?
Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

To request a tour, call (786) 914-1017 or email sales@breakthrurealty.com.

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The 3 bedroom home at 4223 NW 32nd Avenue, Miami, FL 33142 is comparable and listed for sale at $519,900. Another comparable home, 1521 NW 33rd Street, Miami, FL 33142, sold for $599,000 in October 2026. Other Miami neighborhoods include Morningside and Belle Meade. Nearby ZIP codes include 33125 and 33126. This property also neighbors El Portal, Brickell, and Miami Shores. Compare it with the Miami housing market report.