About This Home
This 4-bedroom, 3-bathroom single family at 8461 SW 38th St in Miami, FL is listed for $874,000 ($542 per sqft). Built in 1955, the home offers 1,613 sqft of living space on a 0.36 acres lot.
Key Features
- Built in 1955
- 0.36 acre lot
Property Details
Amenities
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.
Monthly Cost Estimate
$4,674/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
8461 SW 38th St
Miami, FL 33155
TROPICAL HIGHLANDS 3RD AD
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Pool Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 4-bedroom, 3-bathroom single family at 8461 SW 38th St is listed at $874,000 ($542/sqft). The estimated monthly payment is $4,674 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1955, 0.36 acre lot. Interior Features: Bedroom on Main Level, First Floor Entry, Living/Dining Room. Exterior Features: Fence, Porch.
This property is listed by Dania Diaz and can be reached at 7863805180.
