Tropical Highlands 3Rd Ad 4 bedroom Single Family House For Sale
8461 Sw 38th St, Miami, FL 33155

$874,000
New For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11971688
  • Virtual Tour: YES
  • List Price: $874,000
  • Living Area: 1613 Ft² / 150 M²
  • Price Per Foot/Meter: $542 / $5,832
  • Bedrooms:4
  • Full Baths:3
  • Taxes:$16,983
  • Year Built:1955
  • Listing Date:February 26, 2026

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.

Features


  • Floor:Tile
  • Interior Feature:BedroomOnMainLevel, FirstFloorEntry, LivingDiningRoom, Workshop
  • Exterior Feature:Fence, Porch

Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker