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8461 SW 38th St, Home For Sale

8461 SW 38th St, Miami, FL 33155

Price: $874,000 | 1,941 s.f. | 4 Beds | 3 Baths

 

Property Information 8461 SW 38th St

Listing Price: $874,000
Price per Square Foot: $541.85/s.f.
Beds: 4
Baths: 3
Interior Space: 1,613 s.f. (149.9 m²)
Total Size: 1,941 s.f. (180.3 m²)
Lot Size: 15,750 s.f.
Taxes (2025): $16,983
Reference: A11971688
 

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Description of 8461 SW 38th St

Description of 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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The MLS data provided for the property above (MLS#A11971688) is provided courtesy of RE/MAX Advance Realty. Source: Southeast Florida MLS. Data updated 2/27/2026. Information is deemed reliable but not guaranteed. Copyright © 2026. The listing data on this page comes in part from the Internet Data Exchange (IDX), a collaboration between the following REALTOR(R) associations in the South Florida Multiple Listing Service (MLS): Miami Realtor Association, Realtor Association of Greater Ft. Lauderdale and the South Broward Board of Realtors. All rights reserved. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is believed to be accurate, but is not warranted. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
 

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