ActiveMLS# 1153609899215 days on market
$874,000
$542 / sq ft
8461 SW 38th Street
Miami, FL, 33155
4Bedrooms
3Bathrooms
1,613Sq Ft
1955Year Built
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About 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.

Key Features

  • 15,750 sq ft Lot
  • Built in 1955

Property Details

  • Type: Single Family Home
  • Year Built: 1955
  • Lot Size: 15,750 sq ft
  • Sq Ft: 1,613
  • Price / Sq Ft: $542
  • HOA: Contact Agent
  • Bedrooms: 4
  • Bathrooms: 3
  • Feature: 15,750 sq ft Lot
  • Feature: Built in 1955
  • Status: Active
  • MLS Number: 1153609899
  • Days on Market: 215
  • Listed By: RE/MAX Advance Realty II · Dania M Diaz
  • Zip Code: 33155
Listing information © 2026 Miami MLS. Information deemed reliable but not guaranteed. This listing is represented by TruDeals Realty at 0.5% seller commission. Buyer's agent commission is separate and negotiable.
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$874,0008461 SW 38th Street, Miami, FL
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