Financial
Distress signals
Property profile

3838 Shipping Ave Miami, FL 33146

FOR SALE
Warehouses
Property ID
US18-7713242
2,328 SF 0.08 ac lot Built 1983
Last sale Jun 2006
Individually Owned Owner of record is an individual. 20-yr Hold Held for 20 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

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

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$15k
Tax billed · 2023
Assessed value$1.04M
Assessed land$968k
Assessed improvement$73k
Effective rate1.41%

Value estimate

· Sep 2026
$595k
$536k – $655k
AI approach$360k
CAP approach$585k
NOI build-up
Gross scheduled income$121k
Vacancy & credit loss−$12k
Operating expenses−$33k
NOI · 1.69% cap applied$76k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$297/SF
Submarket average, outlier-cleaned · 779 recorded sales of this use type
Observed band · Q1–Q3$190 – $483
Qualifying comparables10

Cap rate analysis

How does the asset earn?
1.69%
$76k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
6110:COMM/RES-DESIGN DIST
JurisdictionDADE

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply39.3
Auto Repair Shop38.9
Wholesale Shop36.7

Location

3838 Shipping Ave Miami, FL 33146
County assessor Recorded deeds · 1 transfer 10 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 18 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3050 38th, Miami, FL 33146-1505 $10,500,000 Dec 2024 6,365 SF
3898 Shipping Ave, Miami, FL 33146-1517 $13,000,000 Sep 2022 No data
3095 39th, Miami, FL 33146-1506 $16,500,000 Jun 2022 85,388 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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