
$874,000
Single Family ResidenceActive8461 SW 38th St, Miami FL 33155
MLS #A11971688About This Property
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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Blue Mar Real Estate Group
Property Details
Property Type
Single Family Residence
Year Built
1955
Living Area
1,613 sq ft
Lot Size
15,750 sq ft
Bedrooms
4
Bathrooms
3
Pool
No
Waterfront
No
Cooling
Central Air
Heating
Central
Roof Type
Other
Flooring
Tile
Construction
CBS Construction
Style
Detached, One Story
HOA Fee
None
Annual Taxes
$16,983 (2025)
Days on Market
33
MLS #
A11971688
Features & Amenities
Interior
Appliances
Community
Other
Nearby Schools
Assigned public schools pulled from Miami-Dade County Public Schools’s official attendance-boundary data. Verify current boundaries with MDCPS before buying — zones can change year to year.
School data source: Miami-Dade County Open Data Hub
Similar Homes Nearby
Location
City
Miami
State
FL
ZIP Code
33155
County
Miami-Dade County
Listing provided by Dania Diaz at RE/MAX Advance Realty II. Data from Miami Association of REALTORS®. All information deemed reliable but not guaranteed. Listing #A11971688.