3838 Shipping AveMiami, FL 33146

  • Industrial properties
  • 2,328 SF
For Sale
$6,000,000 View listing

Property Details for 3838 Shipping Ave

Year built
1983
Construction
CONCRETE
Lot size
0.08 AC
Property size (Sq ft)
2,328 SF
Zone code
6110:COMM/RES-DESIGN DIST
Property type
Industrial properties
Property subtype
Other warehouses
APN
01-4117-003-2570
APU
141170032570

Description

This exceptional mixed-use property, located at 3838 Shipping Ave in Miami, Florida, presents a compelling investment opportunity. Situated in Miami-Dade County, zip code 33146, between the desirable neighborhoods of Coral Gables and Coconut Grove, this single-story building offers significant potential. Constructed in 1983, the property boasts a strategic location, providing easy access to major transportation routes and a vibrant urban environment. The asking price is $6,000,000. The property's mixed-use zoning allows for a variety of commercial and potentially residential applications, making it an ideal asset for investors seeking diverse income streams or redevelopment possibilities. The building's single-story design offers efficient layout and management. Its prime location between Coral Gables and Coconut Grove provides access to a high-density population with strong purchasing power and a thriving local economy. The property's address is easily accessible and highly visible, offering excellent potential for branding and signage. This is a rare opportunity to acquire a well-positioned mixed-use building in one of Miami's most sought-after areas. Further due diligence is recommended to fully assess the property's potential and suitability for your investment strategy. The geographic coordinates are 25.7329231 latitude and -80.2564236 longitude.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,300,627
    Hospitality
    $2,107,362
    Educational
    $1,753,300
    Medical
    $1,813,599
    Retail
    $2,727,356
3838 Shipping Ave, Miami, Florida

Location Insight

City
Miami
County
Miami-dade
State
Florida
Latitude
25.7329
Longitude
-80.2564
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$14,698
$968,000
$73,176
$1,041,176
-
$968,000
$73,176
$1,041,176

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