1627 SW 37th Avenue, #CU1, Miami, FL, 33145

1627 SW 37th Avenue, #CU1, Miami, FL, 33145

2004

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!!


Status:

Active

Type:

Commercial

Units:

1

Zoning:

6100

Heating:

Electric

Cooling:

Central Individual

Levels:

9

Parking:

Guest, On Street, Free, Other

Common Charge:

$718 Monthly

Acreage:

0.03

Est. Taxes:

$6,500

HOA Fee

$718

Utilities

Sewer Available

Days on Market:

28

Owner Pays:

Electricity, HVAC Maintenance, Insurance, Telephone, Interior Electric, Inside Insurance, Interior Maintenance, Fire Liability Insurance, Maintenance

MLS #:

A12028876


Community Info

School Info

Walk Score

Yelp


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Listing courtesy of MJ Estates, Inc. 305-395-3433