8461 SW 38th St, Miami, FL 33155

• 4 beds |
• 3 baths |
• 1,613 sqft

Property Description

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 Status:

Active

Date Added:

February 25, 2026

Data Last Updated:

February 28, 2026 at 3:06AM

Listing Office:

RE/MAX Advance Realty : 305-444-7111

Listing Agent:

Dania Diaz : 786-380-5180

MLS ID:

A11971688

Interior

• General: First Floor EntryFamily RoomSeparate Guest/In-Law QuartersMaid/In-Law QuartersUtility/Laundry In GarageWorkshop
• Appliances: DishwasherElectric Water HeaterElectric RangeRefrigeratorWasher
• Laundry: In Garage
• Flooring: Tile
• A/C: Central Air
• Heating: Central

Exterior

• General: Guest House
• Style: DetachedOne Story
• Pool: In Ground
• Parking: Circular DrivewayCovered

Construction

• Roofing: Other
• General: CBS Construction

Location

• Originating MLS: Miami Association of REALTORS®
• County: Miami-Dade County

Lot

• Zoning: 0100TROPICAL 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 430-40-15-007-0110
• View: GardenOtherPool
• Fencing: Fenced

Utilities

• Water: Municipal Water
• Sewer: Septic Tank

Financial

• Source: Miami Association of REALTORS®