House for Sale
$550,000
3 bd · 2 ba · 1,408 sqft
1990 NW 1st Pl, Miami, FL 33136
WADDELLS
Miami, FL 33142 · MLS# A11969960 · Active · ALLAPATTAH VIEW
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.
School assignments are provided by the listing and should be independently verified.
Estimate only — actual rates, taxes and insurance vary. Not a loan offer or financial advice. Financing through Matthew Gromadzki, NMLS #2560919 · Innovative Mortgage Services, Inc., NMLS #250769.
1523 NW 38th St, Miami, FL 33142 · See all Miami homes for sale
House for Sale
$550,000
3 bd · 2 ba · 1,408 sqft
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1523 NW 38th St is a single family home for sale in Miami, FL 33142. This property was listed for sale on February 25, 2026 by Keller Williams Eagle Realty, it's currently listed at $615,000. This listing's school district is Miami-Dade County Public Schools. Nearby schools include Pharr; Kelsey L. and Miami Jackson. 1523 NW 38th St is a 5-bed, 2-bath, 1,472 sqft single family home built in 1925.