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$489,000

523 38th St #6, Miami, FL 33137

Bedrooms
2
Baths
2
Living area
1,299 ft²
Price per ft²
$376 / ft²
Type
Townhouse
Year built
1981
HOA
$850 / mo HOA
On market
279 days on market
MLS #
A11936914

Fantastic opportunity to own a beautifully remodeled townhome in a charming community in between Edgewater & The Design District. This two-story gem has been totally remodeled with updated bathrooms and an open kitchen featuring custom wood cabinets & SS appliances. Sliding glass doors lead to a private outside back patio where you can barbecue as if you are in your own private home. The second floor is a two-bedroom split plan, featuring an additional balcony off of the primary bedroom. Washer and Dryer in unit. Amenities include a large tropical pool & plenty of parking. One block from the Bay & park and within a short walk to all the local shops & restaurants in The Design District and Midtown. Set within a boutique complex of only 17 units, the property provides a sense of privacy while remaining close to all major roadways and vibrant city amenities Miami has to offer. Enjoy the perfect lifestyle with none of the issues of high-rise condo living. Perfect as a primary residence or a smart investment, with strong rental appeal thanks to its excellent location. EASY TO SHOW.

The MiamiLi Read

The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.

  • Price per square footThe asking price per ft² on this listing is $376. The median for recorded sales in the same ZIP codes is $912/ft² — putting it 59% below the median.
  • Position in the area’s price distributionThe asking price is $489,000; the median of recorded sales in the area is $683,150 (1,634 sales). On raw price that is 28% below the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $850 per month comes to $10,200 a year — 2.1% of the asking price. That amount is deducted from rental yield.

How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.

Scope: ZIP codes 33132, 33137 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.

Monthly mortgage payment

Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.

30%$146,700
Term

7.4% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced October 15, 2026.

Estimated monthly payment$2,370
Loan amount
$342,300
Total interest over the term
$510,906
Total repaid
$853,206

Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.

Keller Williams Eagle Realty

Listing data provided by the Southeast Florida MLS (MIAMI REALTORS®) IDX feed. Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited.

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