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1523 NW 38th St
Single Family
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$615,000

$418/sqft

1523 NW 38th St, Miami

5 bd·2 ba·1,472 sqft
Built 19255,840 sqft lotSanta Clara

1523 NW 38th St, Miami, FL

5 bd · 2 ba · 1,472 sqft Single Family listed at $615,000, built in 1925 in the Santa Clara neighborhood.

About this home

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.

Property details

Price
$615,000
Bedrooms
5
Bathrooms
2
Interior
1,472 sqft
Price / sqft
$418
Year built
1925
Lot size
5,840 sqft
Type
Single Family
Days on market
59
Est. property tax
$5,289/yr · $441/mo · 0.86% FL avg
Last sold
$25,000 · Apr 1982
Virtual tour

Estimated monthly payment

Down payment20% ($123,000)
Interest rate6.75%
Principal & Interest$3,191
Property Tax$564
Insurance$150
Total$3,905/mo

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Price history

▼ 2.4%Most recent change on 2026-04-06: $630,000 → $615,000.

$905K$425K$-55K$25K on Apr 82 (Sold)$500K on May 24 (Initial list)$400K on Jul 24 (Sold)$825K on Sep 24 (Initial list)$820K on Oct 24 (Price change)$800K on Nov 24 (Price change)$780K on Nov 24 (Price change)$745K on Jan 25 (Initial list)$730K on Jan 25 (Price change)$700K on Feb 25 (Price change)$650K on Mar 25 (Initial list)$780K on Apr 25 (Initial list)$780K on May 25 (Price change)$780K on Jun 25 (Relisted)$780K on Jun 25 (Price change)$640K on Feb 26 (Initial list)$630K on Mar 26 (Price change)$615K on Apr 26 (Price change)
$25K · Apr 82$615K · Apr 26
  1. Apr 6, 2026$615,000Price change
  2. Mar 23, 2026$630,000Price change
  3. Feb 25, 2026$640,000Initial list price
  4. Jun 27, 2025$780,000Price change
  5. Jun 18, 2025$780,000Relisted
  6. May 31, 2025$780,000Price change
  7. Apr 16, 2025$780,000Initial list price
  8. Mar 17, 2025$650,000Initial list price
  9. Feb 6, 2025$699,990Price change
  10. Jan 28, 2025$730,000Price change
  11. Jan 10, 2025$745,000Initial list price
  12. Nov 26, 2024$780,000Price change
  13. Nov 10, 2024$800,000Price change
  14. Oct 10, 2024$820,000Price change
  15. Sep 17, 2024$825,000Initial list price
  16. Jul 25, 2024$400,000Sold
  17. May 28, 2024$499,999Initial list price
  18. Apr 1, 1982$25,000Sold

Location

This home is located in Miami, FL, in the South Florida area. Browse more Miami listings on the Miami market page or explore the full Miami market report.

Location

Map of 1523 NW 38th St, Miami
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Home Intelligence

Neighborhood (zip 33142)

This neighborhood is primarily renter-occupied (28% owner-occupied). Median age is 38.5; 9% hold a bachelor's degree; median household income is $35,589.

Median income
$35,589
Median age
38.5
Owner-occupied
28.4%
Bachelor's degree
8.8%
Census median home value
$277,600

Source: US Census Bureau American Community Survey 5-year estimates.

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