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
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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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