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1139 NW 37th St, Miami FL 33127
About this home
Beautifully updated Old Spanish-style home in the heart of Allapattah featuring classic arches throughout and a charming fireplace that add warmth, character, and timeless appeal. This 2-bedroom, 1-bath residence also includes a versatile den that can serve as a third bedroom, home office, or flex space. Offering 1,202 square feet of living space, the home features a bright and open layout, a spacious kitchen with new appliances, a dining area, and impact windows and doors throughout. Situated behind a gated entrance with a newly installed rolling front gate, this property offers added privacy and security. Step outside to a beautifully landscaped, oversized backyard that is perfect for entertaining, family gatherings, and outdoor enjoyment. Fully fenced for privacy, the expansive yard provides plenty of room for children and pets to play while offering endless possibilities for future expansion. With no major trees limiting development, the property can accommodate a guest house, income-producing unit, pool, outdoor kitchen, or additional living space. Zoned T3, it offers exceptional flexibility and future development potential for homeowners and investors alike. Additional improvements include updated electrical, a recently serviced central A/C approximately 5 years old, and a roof estimated to be 10 years old. Ideally located just minutes from Wynwood, the Design District, Downtown Miami, the Health District, Miami International Airport, major highways, shopping, dining, and schools. A rare opportunity to own a move-in-ready home filled with Old Spanish charm, modern upgrades, and future upside in one of Miami's fastest-growing neighborhoods.
Features
- First Floor Entry
- Den/Library/Office
- Lighting
- Room For Pool
- Garden
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $2,647
- HOA
- None
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.