Premier Brokers International
1523 NW 38th Street, Miami, FL 33142
Price reducedMLS listing sourceMIAMI REALTORS® MLS
Price reducedMLS® A11969960
$600,000

↓ Price reduced $15,000 on Oct 31, 2026

1523 NW 38th Street, Miami, FL 33142

Beds
5
Baths
2
Sqft
1,472
Est. payment$3,582/mo
Home type
Single Family Residence
Year built
1925
Lot size
5,663 sqft
Price / sqft
$408
HOA
$0/mo
Community
ALLAPATTAH VIEW

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.

Listing activity

Days on market
248
Listed
Feb 25, 2026
MLS listing updated
Oct 31, 2026
Feed last checked
2 minutes ago

Listed by Barclay Belizaire · Keller Williams Eagle Realty

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
5
Bathrooms
2
Bathrooms (decimal)
2
Full bathrooms
2
Half bathrooms
0

Rooms & features

Rooms
1
Appliances
Dishwasher

Heating & cooling

Heating
Electric
Cooling
Electric
Property

Parking

Garage spaces
0
Carport spaces
0
Covered spaces
0
Parking features
Driveway
Attached garage
No

Exterior

Stories
2
Building area
2,352 sqft
Entry level
1
Pool
No
View
Other
Waterfront property
No

Lot

Lot size
5,663 sqft
Lot size (acres)
0.13 acres
Lot features
Fruit Tree(s)
Zoning
6107
Construction

Type & style

Home type
Single Family Residence
Year built
1925

Materials

Construction
Block
Roof
Shingle
Levels
Two
Faces
South
Utilities & green energy

Utilities

Sewer
Public Sewer
Water
Public
Community & HOA

Community

Subdivision
ALLAPATTAH VIEW
MLS area
2310
55+ community
No

Association

Has association
No
Estimated monthly dues
$0
Amenities
None
Lease details

Not reported by the listing source.

Location

Area details

City
Miami
County
Miami-Dade
ZIP code
33142
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
A11969960
Possession
Negotiable
Original list price
$640,000
Parcel number
0131230180121
Annual property tax
$2,025
Tax year
2025
Tax legal description
ALLAPATTAH VIEW PB 12-67 LOT 14 BLK 1 LOT SIZE 40.000 X 146 OR 11424-0621 0482 1 COC 23839-0434 09 2005 5
Additional MLS details

Reported by the listing source

Association Amenities
None
Association
No
Bathrooms Total Decimal
2
Bathrooms Total Integer
2
Building Area Total
2352
Construction Materials
Block
County Or Parish
Miami-Dade
Days On Market
248
Direction Faces
South
Elementary School
Kelsey L. Pharr
High School
Miami Jackson
List Price
600000
Listing Contract Date
2026-02-25
Living Area
1472
Lot Size Acres
0.13
Lot Size Area
5840
MLSArea Major
2310
Middle Or Junior School
Georgia Jones-Ayers
Mls Status
Active
On Market Date
2026-07-13
Photos Count
61
Postal Code
33142
Price Change Timestamp
2026-10-31T17:09:55Z
Property Sub Type
Single Family Residence
Property Type
Residential
Rooms Total
1
Senior Community
No
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-07-13T18:04:15Z
Stories Total
2
Subdivision Name
ALLAPATTAH VIEW
Water Source
Public
Tax Annual Amount
2025
Bathrooms Full
2
Pool Private
No
Bedrooms Total
5
Waterfront
No
Bathrooms Half
0

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Feb 25, 2026ListedMIAMI REALTORS® MLS$640,000$435/sqft
Oct 31, 2026Price reducedMIAMI REALTORS® MLS$600,000$408/sqft

Public tax history

YearProperty taxesAssessment
2025$2,025—

Payment calculator

Estimated monthly payment$3,582/moIllustrative estimate, not a loan offer.
Principal & interest
$3,113
Property taxes
$169
Insurance
$300
Association dues
$0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

ALLAPATTAH VIEW

Miami · Miami-Dade County · 33142

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Kelsey L. PharrElementary
—
Georgia Jones-AyersMiddle
—
Miami JacksonHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

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MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of Keller Williams Eagle Realty. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.