3838 Shipping Ave Miami, FL 33146
For Sale
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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.
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German Motorsports Inc Auto Repair Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
6110:COMM/RES-DESIGN DIST · Miami, FLMiami. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.