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8461 SW 38th St, Miami, Florida 33155

Active For Sale
$874,000
  • Beds 4
  • Baths 3
  • Sq Ft 1,613 Sqft
  • Visits: 6 in 35 days

Description

Exceptional redevelopment opportunity in a rapidly appreciating area with strong upside potential. This is a triple option opportunity. Renovate the current structure which has an in-law quarter, use the current structure & plans to add a second story or rebuild completely. The choices are endless. The true value is this property is set on a sprawling 15,750 SQFT lot which is one of the largest in the entire area. This property delivers the size, scale, and positioning developers seek for a high-end build. A detailed front elevation rendering and thoughtfully designed interior concept images illustrate the vision and finished product of what the current owners had in mind. Opportunities with plans in place, significant lot size, and strong after-build comps are increasingly rare. If you’re searching for your investment or a place to call home in this desirable area, this is one not to miss. Recent comparable sales in the immediate area underscore the substantial profit potential and attractive margins available with this project.

Features

  • Swimming Pool: Pool, In Ground
  • Heating System: Central
  • Cooling System: Central Air
  • Pet Policy: Yes, No Pet Restrictions
  • Patio: Open, Porch
  • Parking: Circular Driveway, Covered

Appliances

  • Appliances: Dishwasher, Electric Range, Refrigerator, Washer, Electric Water Heater

Address Map

  • Country: US
  • State: FL
  • County: Miami-Dade
  • City: Miami
  • Subdivision: TROPICAL HIGHLANDS 3RD AD
  • Zipcode: 33155
  • Street: 38th St
  • Street Number: 8461
  • Floor Number: 0
  • Longitude: W81° 40' 0.3''
  • Latitude: N25° 44' 7''
  • Street Dir Prefix: SW
  • MLS Area: 40

MLS Addon

  • Architectural Style: Detached, One Story
  • Association Fee: $0
  • Carport Spaces: 27/02/2026
  • Close Price: $0
  • Community Features: Street Lights
  • Elementary School: Banyan
  • Exterior Features: Porch, Fence
  • Flooring: Tile
  • Insurance Expense: $0
  • Interior Features: Bedroom on Main Level, First Floor Entry, Living/Dining Room, Workshop
  • Laundry Features: In Garage
  • Listing Terms: Cash, Conventional
  • Lot Features: 1/4 to 1/2 Acre Lot
  • Middle Or Junior School: Rockway
  • New Taxes Expense: $0
  • Road Frontage Type: City Street
  • Stories: 1
  • Tax Annual Amount: $16,983
  • Tax Year: 2025

Location

Listing Updated: 2026-02-27 01:45:12

  • Property Type : Single Family
  • Property Sub Type : Single Family Residence
  • Listing Type : For Sale
  • Listing ID : A11971688
  • Price : $874,000
  • View : Garden, Other, Pool
  • Bedrooms : 4
  • Bathrooms : 3
  • Full Bathrooms : 3
  • Half Bathrooms : 0
  • Square Footage : 1,613 Sqft
  • Year Built : 1955
  • Lot Area : 0 Acre
  • Listing Status : Active
  • Days On Market : 34
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