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+4 photosLuxury home — 3838 Shipping Avenue · Miami
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Open property magazine$4,500,000
3838 Shipping Avenue, Miami, FL 33146
Miami, FL, 33146
— bd · — ba · 2,328 sqft
Listed by East Coast Realty of Florida
3838 Shipping Avenue, Miami, FL 33146
Listed by East Coast Realty of Florida
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Estimated monthly payment
$29,993/mo
Know your costs before you buy
Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.
Estimated monthly payment $29,993/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
Insurance and flood: Zone not provided · verify insurance quotes before buying.
About this home
Find similar homesPrime opportunity in the Coral Gables Warehouse District just minutes from Coconut Grove and only one block from US1 with excellent accessibility and strong visibility. This warehouse features approximately 25 to 27 foot ceilingheight, providing outstanding vertical space for storage or equipment. Currently operating as a fully functional mechanic business with an established client base, the property offers immediate income potential. Equipped with three car lifts inside, the space ideal for automotive use, light, industrial, or service-oriented business seeking a strategic Miami location.
Property Details
Your costs (est.)
≈ $29,993/mo
3838 Shipping Avenue, Miami, FL 33146 · Miami
Location
3838 Shipping Avenue, Miami, FL 33146
What buyers ask about this home
What are the estimated monthly carrying costs at 3838 Shipping Avenue, Miami, FL 33146?+
Property tax (after sale): $5,801/month est.; homeowners insurance: $843/month est.; HOA: $0/month. Fixed ownership costs before a mortgage: $6,644/month est. Principal and interest: $23,350/month; PMI: $0/month. Total for the payment scenario shown: $29,993/month est. Flood insurance is not included. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 3838 Shipping Avenue, Miami, FL 33146?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 3838 Shipping Avenue, Miami, FL 33146 need flood insurance, and what drives the premium?+
Most of Miami sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should an inspection focus on for a home like 3838 Shipping Avenue, Miami, FL 33146?+
In coastal South Florida, prioritize roof age and permit history, whether windows and doors are impact-rated, the seawall and dock condition on waterfront lots, drainage and elevation, plumbing type (cast iron and polybutylene are common in homes of this era), and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
Is there room to negotiate on 3838 Shipping Avenue, Miami, FL 33146?+
This listing has been on the market 38 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Miami. Distinct neighborhoods, local dining and shopping, with downtown, Brickell and MiamiCentral as everyday destinations.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Ponce De Leon Middle School
Middle school · 1.5 mi from this home · 5801 Augusto St, Coral Gables
Coral Gables Senior High School
High school · 0.4 mi from this home · 450 Bird Rd, Coral Gables
Zone boundaries published by Miami-Dade County Public Schools.
Other options for this address
ST. Stephen'S Episcopal Day School
Elementary · Private · Catholic · Grades PK–5 · Coconut Grove
Somerset Academy Charter Middle School (South Miami Campus)
Middle school · Charter · Grades 6–8 · South Miami
Carrollton School-Sacred Heart
Pre-K & Kindergarten · Private · Catholic · Grades PK–12 · Miami
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
The home, in a magazine
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Simon Gedz
Realtor® since 1995
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$4,500,000 · MLS A12101303
$4,500,000
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