For SaleMixed UseActive
1627 SW 37th Ave Cu-1
Miami, FL 33145
$499,900
164 Days On Site
- 1,107Sq Ft
- $452Per Sq Ft
- 0.0254Acres
- 2004Built
- County
- Miami-Dade
- MLS®
- A12028876
Overview
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!!
Listing Snapshot
- Price
- $499,900
- Days On Site
- 164 Days
- Bedrooms
- N/A
- Inside Area (SqFt)
- 1,107 sqft
- Total Baths
- N/A
- Full Baths
- N/A
- Partial Baths
- 0
- Lot Size
- 0.0254 Acres
- Year Built
- 2004
- MLS® Number
- A12028876
- Status
- Active
- Property Tax
- $6,500 (2025)
- HOA/Condo/Coop Fees
- $718 monthly
- Sq Ft Source
- N/A
Property Details
General Features
7 items
- Disclosures
- Owner Is Listing Agent
- Parking
- Guest, Other, On Street
- Property Sub Type
- Mixed Use
- Sewer
- Public Sewer, Other
- SqFt Total
- 1,107
- Water Source
- Public
- Zoning
- 6100
Interior Features
2 items
- Cooling
- Central Air
- Heating
- Central, Electric
Exterior Features
1 item
- Road Frontage
- County Road, City Street
Community Features
4 items
- Association Fee
- $718.0
- Association Fee Frequency
- Monthly
- MLS Area
- 41
- Financing Terms Available
- Cash, Conventional, Owner May Carry
Location
1627 SW 37th Ave Cu-1, Miami, FL 33145 · 41
Neighborhood & Commute
ZIP Code 33145
- Median household income
- $65,772
- Income per person
- $42,656
- Households
- 11,196
- Average household size
- 2.53
- Median age
- 43.9
Source: Walk Score.
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Price & Status History
- Listing updated with changes from the MLS®
- Listing first seen on site
- Price changed to $499,900
- Status changed to Active
Friends & Family
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