Property Description

Coral Gables prime retail/office condo with over 1,100 SF on Douglas Rd (SW 37 Ave, east side) near SW 16 St. Seller may finance. Mint condition interior with a spacious private inside restroom and a secure storage/coat closet. Bright, efficient layout ideal for professional/medical/creative uses. Central A/C, low operating costs, and well-kept common areas. Currently leased until December 2026 to an excellent tenant—delivering a gross annual income of $45,084 with very low expenses and zero management efforts required. Offered at an attractive 6% CAP rate with annual increases, ensuring consistent upside for investors. High visibility and easy access to Coral Gables, Brickell, Airport, and major corridors. Solid performer for investors seeking stable, hassle-free cash flow in a blue-chip location! Flexible parking options available. Owners only may rent 1–2 dedicated parking spaces (subject to availability). Convenient guest parking accommodates up to 3 client vehicles only at a time. Additional 20-minute parking is located directly in front of the unit, with ample metered and street parking available across the street!

Features
Heating System
Cooling System
Parking Features
Sewer
Address Map
State:
FL
County:
Miami-Dade
City:
Miami
Zipcode:
33145
Street:
1627 Sw 37th Ave Cu-1, Miami, Florida 33145
Longitude:
W81° 48' 23''
Latitude:
N25° 46' 27''
MLS Addon
Association Fee:
$718
Association Fee Frequency:
Monthly
Building Area:
1,107 Sqft
Cumulative DOM:
282
DOM:
99
Internet Address Display:
1
Internet Listing Display:
1
Parcel Number:
01-41-09-083-0790
Structure Type:
Office
Tax Annual Amount:
$6,500
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Commercial Sale For Sale

1627 Sw 37th Ave Cu-1, Miami, Florida 33145, Miami, Florida 33145

1,107 Sqft
$499,900
MLS # #A12028876
Basic Details
Property Type :
Commercial Sale
Listing Type :
For Sale
Price :
$499,900
Year Built :
2004
Lot Area :
1,107 Sqft
MLS # :
A12028876
Agent info
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