8461 SW 38th St Miami, FL $ 874,000
8461 SW 38th St
$ 874,000
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8461 SW 38th St

Miami, FL, 33155
$ 874,000
Bedrooms4 Baths3.0 Sq 1,613

Monthly Estimate*

$ 5,381

8461 SW 38th St, Miami, FL 33155 - Image 1
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8461 SW 38th St, Miami, FL 33155 - Image 9
8461 SW 38th St, Miami, FL 33155 - Image 10
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8461 SW 38th St, Miami, FL 33155 - Image 13
8461 SW 38th St, Miami, FL 33155 - Image 14
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8461 SW 38th St, Miami, FL 33155 - Image 19
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Single Family Home for sale in Miami, FL

for $874,000 with 4 bedrooms and 3 full baths. This 1,613 square foot home was built in 1955.

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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Single Family Active

Price

$ 874,000

Bedrooms

4

Full Bath

3

Property Type

Single Family

Taxes

$ 16,983

Style

Year Built

1955

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11971688

Features
General
Sewer Septic Tank
Heating Central
Cooling Central Air
Possession Closing & Funding
Roof Other
Appliances Dishwasher Electric Range Electric Water Heater Refrigerator Washer
Garage Spaces 0
Patio/Porch Features Open Porch
Architectural Style Detached One Story
Pool Features In Ground Pool
Restrictions No Restrictions
Construction Materials Block
Pets Allowed No Pet Restrictions Yes
Year Built 1955
View Garden Other Pool
Stories Count 1
Property Subtype Single Family Residence
Tax Year 2025
Community Features Street Lights
County Miami-Dade
Property Type Residential
Subdivision Name TROPICAL HIGHLANDS 3RD AD
Facing Direction South
Garage Y/N false
Other Structures Guest House
Total Rooms 0
Full Baths 3
Special Listing Conditions Listed As-Is
Status Active
City Miami
Senior Community Y/N false
Zoning Description 0100
MLS Area 40
Lot Size Units Square Feet
Lot Size Square Feet 15750
Carport Spaces 1
Carport Y/N true
Listing Terms Cash Conventional
Elementary School Banyan
Year Built Details Resale
Tax Annual Amount 16983
Middle/Junior High School Rockway
Lease Considered Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11971688
Standard Status Active
Occupancy Type Vacant
Property Sub Type Additional Single Family Residence
Legal Description 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
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Interior
Interior Amenities Bedroom on Main Level First Floor Entry Living/Dining Room Workshop
Flooring Tile
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
Laundry Features In Garage
Total Bedrooms 4
Total Baths 3
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Exterior
Exterior Amenities Fence Porch
Parking Features Circular Driveway Covered
Lot Features 1/4 to 1/2 Acre Lot
Water Source Public
Lot Size Area 15750
Building Area Total 1941
Road Surface Type Paved
Waterfront Y/N false
Covered Spaces 1
Road Frontage Type City Street
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* Excluded Features
List By
Re/Max Advance Realty

Broker

Daniadiaz@remax.net

Email

Affordability Calculator

$6,797
Per Month
79%
21%
0%
Monthly Principal & Interest
$5,381
Monthly Property Taxes
$1,415
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4714894 Elementary School
0 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/26/2026$874,000 Listed Price

Map


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8461 SW 38th St, Miami, FL, 33155 is a Single Family Home for sale at $874,000 with 1,613 sqft. 8461 SW 38th St has 4 bedrooms, 3.0 baths, and was built in 1955. The property's zip code is 33155 which is in Miami, FL