Property 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
Heating System
Cooling System
View
Pet Allowed:
Yes, No Pet Restrictions
Patio:
Porch, Open
Appliances
Architectural Style
Community Features:
Street Lights
Parking Features
Roof:
Other
Sewer
Address Map
State:
FL
County:
Miami-Dade
City:
Miami
Zipcode:
33155
Street:
8461 Sw 38th St, Miami, Florida 33155
Longitude:
W81° 40' 0.3''
Latitude:
N25° 44' 7''
MLS Addon
Bathrooms Total:
3
Building Area:
1,941 Sqft
Carport Spaces:
1
Construction Materials:
Block
Cumulative DOM:
1
DOM:
2
Direction Faces:
South
Elementary School:
Banyan
Exterior Features
Flooring:
Tile
Interior Features
Internet Address Display:
1
Internet Listing Display:
1
Listing Terms:
Cash, Conventional
Lot Features
Parcel Number:
30-40-15-007-0110
Subdivision Name:
TROPICAL HIGHLANDS 3RD AD
Tax Annual Amount:
$16,983
Tax Year:
2025
Virtual Tour:
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Residential For Sale

8461 Sw 38th St, Miami, Florida 33155, Miami, Florida 33155

4 Bedrooms
3 Bathrooms
1,613 Sqft
$874,000
MLS # #A11971688
Basic Details
Property Type :
Residential
Listing Type :
For Sale
Price :
$874,000
Bedrooms :
4
Bathrooms :
3
Square Footage :
1,613 Sqft
Year Built :
1955
Lot Area :
15,750 Sqft
MLS # :
A11971688
Property Sub Type :
Single Family Residence
Agent info
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