# 8461 SW 38th St, Miami, FL 33155

> **TL;DR:** 4bd/3ba single family, $874,000 ($542/sqft), built 1955, 1,613 sqft.
> A/C. Est. $4,674/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $874,000 |
| Price/sqft | $542 |
| Bedrooms | 4 |
| Bathrooms | 3 full |
| Square Feet | 1,613 |
| Year Built | 1955 |
| Lot Size | 15,751 sqft (0.36 acres) |
| Stories | 1 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $4,419 |
| Estimated Insurance | $255 |
| **Total** | **$4,674** |

## Nearby Schools

- **Elementary:** Banyan
- **Middle:** Rockway

## Key Amenities

- A/C

## Property Highlights

- Built in 1955
- 0.36 acre lot

## Description

### Agent 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.

## Location

- **Address:** 8461 SW 38th St, Miami, FL 33155
- **County:** Miami-Dade
- **Neighborhood:** TROPICAL HIGHLANDS 3RD AD
- **Coordinates:** 25.735263, -80.33325
- **Google Maps:** https://www.google.com/maps?q=25.735263,-80.33325

## Virtual Tour & Media

- **Video Tour:** https://www.propertypanorama.com/instaview/mia/A11971688

## Listing Agent

- **Name:** Dania Diaz
- **Brokerage:** RE/MAX Advance Realty II
- **Phone:** 7863805180

## Primary Photo

![8461 SW 38th St - Primary Photo](http://lh.rdcpix.com/6ce4fa1cef0599c7d50caf341eac4b07l-f1381715692r.jpg)

*19 total photos available on [listing page](https://www.propertysimple.ai/listing/8461-sw-38th-st-miami-fl-33155-11971688)*

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**MLS#:** A11971688 | **Updated:** 2026-08-02
**Source:** listhub

*Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/8461-sw-38th-st-miami-fl-33155-11971688)

---

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