Virtual TourMap

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

$22M
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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

  1. Listing updated with changes from the MLS®
  2. Listing first seen on site
  3. Price changed to $499,900
  4. Status changed to Active

Friends & Family

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Listing courtesy of MJ Estates, Inc. (305) 984-8693

Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.

Last checked: 2026-11-13 08:28 AM EST

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