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.
- 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
- 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''
- 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:
- Click Here
Residential For Sale
8461 Sw 38th St, Miami, Florida 33155, Miami, Florida 33155
- 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
