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Single Family Residence
$1,995,000$626 / sqft
2812 SW 38TH Court, Miami FL 33134
Listed
5
Bedrooms
4
Bathrooms
3,188 sqft
Interior
1924
Year built
None
HOA
Single Family Residence
Type
About this home
Welcome to this beautifully renovated 5-bedroom, 4-bathroom home in the heart of Miami, just minutes from Coral Gables. Featuring spacious living areas, modern finishes, and a private backyard with a swimming pool & spa and tropical landscaping, this home is perfect for relaxing or entertaining. Conveniently located near Miracle Mile, shopping, restaurants, and major highways, with easy access to Brickell and Downtown Miami. The property is in the final stages of renovation, with construction and final permit approvals expected by December 2026. Listing photos are renderings reflecting the planned finishes, materials, and overall design. Minor details may vary upon completion. Furniture and staging items shown are not included in the sale.
Features
- Cooking Island
- French Doors
- Other
- Vaulted Ceiling(s)
- Volume Ceilings
- Open Balcony
- Pool
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 5-bed rentals in Coconut Grove, from 8 active listings; the middle half ask $19,500–$38,000.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.