1627 SW 37th Ave, #CU-1
Miami, FL 33145
Active
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.
Property Details
Essential
- StatusActive
- Days On Site7
- Days To Sale2026-06-01T00:00:00.000Z
- MLS#A12028876
- Property TypeCommercial Sale
- Property Sub TypeRetail
- Number of Stories9.0
- Property Size1,107 sqft
- Lot Size1107.00 Square Feet
- Tax Amount$6,500
- Tax Year2025
- HOANo
- HOA Fee$718 Monthly
- Data SourceMiami Association of REALTORS®
- Latest Update06/06/2026
