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8461 SW 38th Street

Miami, FL 33155
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Bed 4

Bed

Bath 3

Bath

SqFt1,613

Sqft

SqFt15,750

Sqft(Lot)

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.

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Detail Ic Property Details

Property Type : Residential

Price : $874,000

AD Id : 87853037

MLS Id : A11971688

Beds : 4

Lot Size : 15,750 Sqft

Living Area Size : 1,613

Year Built : 1955

County : Miami-Dade

Subdivision: Tropical Highlands North

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Roofing Information

    Other

    Flooring Information

    Tile
  • Interior Features

    BedroomOnMainLevel, LivingDiningRoom, MainLevelPrimary
    Roof: Other
    Appliances: Dishwasher, ElectricRange, ElectricWaterHeater, Refrigerator, Washer
    Laundry Features: InGarage
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 1955
    Building Area Total: 1941
    Construction Materials: Block
    Stories: 1
    Patio And Porch Features: Porch
    Pool Features: InGround
    Private Pool: Yes
    View: Garden, Other, Pool
  • Exterior Features

    Exterior Features: OutdoorLivingArea

  • Lot Information

    Main Square Feet: 15750 Lot Size Acres: 0.36 Lot Description: QuarterToHalfAcreLot

    Property Information

    Subdivision: TROPICAL HIGHLANDS 3RD AD Source Property Type: Residential Postal Code Plus 4: 3209 Property SubType: Single Family Residence Direction Faces: South Levels: One Property Age: 71

  • Listing Price Information

    Listing Price: $874000
    Cash, Conventional

  • Tax Information

    Parcel Number: 3040150070110 Tax Year: 2025 Annual Tax: $16983 Tax Legal Desc: TROPICAL HIGHLANDS 3RD ADDN LOT 11 LESS WLY371/2FT & ALL LOT 12 BLK 17 PB 59-12 LOT SIZE 112.500 X 140 CF 75R-88890 OR 17947-1471 0198 4

  • Parking Information

    CircularDriveway, Covered

    Garage Information

    Pets Allowed: NoPetRestrictions, Yes

  • School Information

    Elementary School: Banyan (Miami-Dade) Junior High School: Rockway Senior High School: Southwest Miami
  • Location Information

    WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2845 SW 67th Ave, Miami, FL, 33155 $750,000 3 3 1,250 1,250 SqFt
5991 SW 35 St, Miami, FL, 33155 $2,950,000 5 6 3,826 3,826 SqFt
6823 SW 25th St, Miami, FL, 33155 $700,000 3 2 1,102 1,102 SqFt
5766 SW 41st St, Miami, FL, 33155 $1,500,000 5 5 3,500 3,500 SqFt
3427 SW 64th Ave, Miami, FL, 33155 $779,000 2 1 1,194 1,194 SqFt
5745 SW 54th Terrace, Miami, FL, 33155 $1,200,000 3 4 1,382 1,382 SqFt
5785 SW 46th Terrace, Miami, FL, 33155 $1,685,000 5 4 2,053 2,053 SqFt
5753 SW 31st Street, Miami, FL, 33155 $3,950,000 5 6 3,848 3,848 SqFt
3721 SW 58th Avenue, Miami, FL, 33155 $1,150,000 3 3 1,888 1,888 SqFt
2231 SW 57th Court, Miami, FL, 33155 $688,000 5 3 2,692 2,692 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 07/12/2026 @ 20:19

MLS: A11971688 LISTED BY: Dania Diaz, RE/MAX Advance Realty II 305-251-2127 SOURCE: Beaches MLS

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