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8461 SW 38th St, Miami FL 33155

Residential

8461 38th St

Miami, FL 33155

ML#:A11971688
List Price:$874,000
Status:Active
Days on Market:33
Listing Brkr:RE/MAX Advance Realty II
Subdivision:TROPICAL HIGHLANDS 3RD AD
Bedrooms:4
Baths:3
SqFt (Liv):1,613
Lot Size:15750 sqft
Year Built:1955
Stories:

General Information

Type Property:Residential
Style:Single Family Residence
Pool:
Garage Spaces:0
Parking:

Location Information

County:Miami-Dade County
Zip:33155
Subdivision:TROPICAL HIGHLANDS 3RD AD
Latitude:25.735203
Longitude:-80.333219

Rooms

Total Rooms:0
Bedrooms:4
Full Baths:3
Half Baths:0
Laundry:In Garage

Additional Features

Interior:First Floor Entry, Family Room, Separate Guest/In-Law Quarters, Maid/In-Law Quarters, Utility/Laundry In Garage, Workshop
Appliances:Dishwasher, Electric Water Heater, Electric Range, Refrigerator, Washer
Flooring:Tile
View:Garden, Other, Pool
Heating:Central
Cooling:Central Air
Construction:CBS Construction
Waterfront:No
Pets Allowed:Yes
Community:Paved Road, Public Road, Street Lights

Financial Information

Annual Taxes (2025):$16,983
Days on Market:33

Remarks

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.

Listing Agent

Dania Diaz

RE/MAX Advance Realty II

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Prepared by Rangely Adames · Sunland Group · Licensed FL Real Estate Sales Associate · rangelyadames.com · (954) 833-0020

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