8461 SW 38th St, Miami, FL 33155
Local realty services provided by:CENTURY 21 Hansen Realty
Listed by: dania diaz
Office: re/max advance realty
MLS#:A11971688
Source:SEFMLS
Price summary
- Price:$874,000
- Price per sq. ft.:$450.28
About this home
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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Home facts
- Year built:1955
- Listing ID #:A11971688
- Updated:February 27, 2026 at 03:03 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Tile
- Dining Description:Living/Dining Room
- Kitchen Description:Dishwasher, Electric Range, Refrigerator
- Living area:1,613 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Year built:1955
- Building area:1,613 sq. ft.
- Lot area:0.36 Acres
- Architectural Style:Detached, One Story
- Construction Materials:Block
- Exterior Features:Fence, Open, Porch
- Levels:1 Story
Schools
- Middle school:Rockway
- Elementary school:Banyan
Utilities
- Water:Public
- Sewer:Septic Tank
Finances and disclosures
- Price:$874,000
- Price per sq. ft.:$450.28
- Tax amount:$16,983 (2025)
Features and amenities
- Appliances:Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Washer
- Laundry features:In Garage, Washer
- Pool features:In Ground, Pool
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