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1627 37th Ave CU-1, Miami, FL 33145
Offering:
For Sale
Location:
Miami, FL 33145
Status:
Active
$499,900
Deemed reliable but not guaranteed.
Details
Year built:
2004
Lot size:
1,107 sq ft
Stories:
9
Days on market:
112
Cumulative days on market:
296
Association fee:
$718 / Monthly
Annual tax (2025):
$6,500
Type:
Mixed-Use
MLS ID
A12028876
Virtual tour:
Listed by:
MJ Estates, Inc. (MJST01)
Listing office phone:
305-395-3433
Listing office email:
Listing agent:
Mauricio Jalil (3207268)
Utilities
Water source:
Public
Sewer:
Public Sewer, Other
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!!
Price history
$499,900 → $499,900
· 1 price changes
Location
1627 SW 37th Ave CU-1Miami, FL 33145
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MLS information
Last updated Sep 21, 2026
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