3840 Shipping AveMiami, FL 33146

  • Manufacturing properties
  • 3,237 SF
For Sale
$575,000 View listing

Property Details for 3840 Shipping Ave

Year built
1968
Construction
CONCRETE
Lot size
0.12 AC
Property size (Sq ft)
3,237 SF
Zone code
6110:COMM/RES-DESIGN DIST
Property type
Manufacturing properties
APN
01-4117-003-2580
APU
141170032580

Description

This exceptional opportunity presents a thriving, second-generation French wholesale bakery in Miami, Florida. Located at 3840 Shipping Ave, Miami, FL 33146, this turnkey operation boasts over 30 years of success and includes all equipment, two delivery vans (inventory list available), and an established client base. The seller will provide training and support during a transition period, ensuring a smooth handover. The asking price is $575,000, encompassing both the established business and the underlying real estate. The 1948-built building sits on prime real estate, presenting significant potential for redevelopment. Its location in Miami-Dade County offers developers a unique chance to construct a substantial new building. This is a rare chance to acquire a profitable, long-standing business with significant upside potential, either continuing the existing operation or capitalizing on the land's redevelopment potential. Serious offers for the business and/or the land and building will be considered. Don't miss this exceptional investment opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,198,939
    Hospitality
    $2,930,211
    Educational
    $2,437,901
    Medical
    $2,521,744
    Retail
    $3,792,290

Location Insight

City
Miami
County
Miami-dade
State
Florida
Latitude
25.7329
Longitude
-80.2565
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
$23,706
$1,451,450
$114,136
$1,565,586
-
$1,451,450
$114,136
$1,565,586

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