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8461 SW 38th StMiami, FL 33155

For Sale

$874,000

Smart Buyer Rebate $8,740

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.

Listed by Dania Diaz

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License #3140615

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RE/MAX Advance Realty

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786-380-5180

Last updated February 26, 2026

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Source: MIAMIRE #A11971688

Listing Facts

  • TypeSingle-family
  • NeighborhoodWestchester
  • Bedrooms4
  • Bathrooms3
  • Days on Prevu19
  • Taxes$16,983/year
  • Size1,613 sqft
  • Price per sqft$542

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Washer/Dryer
  • Pets Allowed
  • Air Conditioning
  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

02/25/2026
Listed by RE/MAX Advance Realty
$874,000

Property Details for 8461 SW 38th St

Association

Amenities

  • Community Features: Paved Road, Public Road, Street Lights
  • Pets Allowed: Yes

Exterior

Construction

  • Roof: Other
  • Structure Type: Pool Only, House
  • Year Built: 1955
  • Year Built Details: Resale
  • Architectural Style: Detached, One Story
  • Building Name: TROPICAL HIGHLANDS 3RD AD
  • Construction Materials: CBS Construction

Features

  • Direction Faces: South
  • Fencing: Fenced
  • Other Structures: Guest House
  • Patio And Porch Features: Open Porch
  • Pool Features: In Ground
  • View: Garden, Other, Pool

Measurements

  • Building Area Total: 1,941
  • Building Area Units: Square Feet
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Lot Size Square Feet: 15,750
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 30-40-15-007-0110
  • Tax Annual Amount: $16,983.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Dishwasher, Electric Water Heater, Electric Range, Refrigerator, Washer
  • Flooring: Tile
  • Interior Features: First Floor Entry, Family Room, Separate Guest/In-Law Quarters, Maid/In-Law Quarters, Utility/Laundry In Garage, Workshop

Measurements

  • Living Area: 1,613
  • Living Area Units: Square Feet

Rooms

  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 4

Other

Location

  • Subdivision Name: TROPICAL HIGHLANDS 3RD AD

Parking

Parking

  • Carport Spaces: 1
  • Covered Spaces: 1
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Covered

Schools

Elementary School

  • Elementary School: Banyan

Middle or Junior School

  • Middle Or Junior School: Rockway

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes
  • Laundry Features: In Garage
  • Sewer: Septic Tank
  • Water Source: Municipal Water

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 4 bedrooms and 3 bathrooms in this single-family home at 8461 SW 38th St.

What schools are nearby to 8461 SW 38th St?

Nearby schools include the Banyan Elementary School and Rockway Middle School.

What are the annual taxes for 8461 SW 38th St?

Annual taxes for this single-family home are estimated at $16,983.

How does 8461 SW 38th St compare to other single-family homes in Westchester?

This single-family home is listed 1% above the average price for single-family homes in Westchester and has been on the market for 59 less days than the typical home in this area.

What building or home owners association is the single-family home part of?

This single-family home is in the TROPICAL HIGHLANDS 3RD AD building.

What is the square footage on this single-family home?

According to the MLS, this listing is 1,613 sqft.

8461 SW 38th St is a 4-bedroom, 3-bath single-family home for sale in Miami FL 33155. Listed on Prevu for 19 days at $874,000. This home features 1,613 square feet of living space, located in Westchester. The median listing price for single-family homes in this area is $757,000. Nearby schools include Banyan Elementary School and Rockway Middle School. Property amenities include private outdoor space, dishwasher, pets allowed, air conditioning, parking, swimming pool, and washer/dryer. Browse more single-family home listings in Miami-Dade County.

Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.