Mixed use property in 1627 SW 37th Avenue CU-1, Miami, FL 33145 for sale with MLS# A12028876
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!
1627 SW 37th Avenue CU-1, Miami, FL 33145
- Price:
- $499,900.00
- Original List Price:
- $499,900.00
- List Price per Sq Ft (Calculated, Approx.):
- $451.58
- Tenant Pays:
- Electricity, Hvac Maintenance, Insurance, Telephone, Maintenance, Inside Insurance, Interior Electric, Fire Liability Insurance, Interior Maintenance
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Commercial Sale
- Property Type:
- Mixed Use
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- June 1, 2026 4:00 am
- Other Special Conditions:
- Corporate Owned
- Built-Up Area:
- 1,107 Sqft
- Lot Size Acres:
- 0.03
- Air Conditioning
- Air Conditioning System:
- Central Individual
- Heating
- Heating System:
- Electric
- Year Built:
- 2004
- Number of Buildings:
- 1
- Number of Units Total:
- 1
- Number of stories:
- 9
- Structure Type:
- Office
- Road Frontage Type:
- City Street, County Road
- Flood Zone Code:
- X
- Property Condition:
- Resale
- Tax Annual Amount:
- $6,500.00
- Tax Year:
- 2025
- Association Fee:
- $718.00
- Association Fee Frequency:
- Monthly
- Parking Features:
- Guest, Other, On Street, Free
- Sewer:
- Public Sewer
- Utilities Available:
- Sewer Available
- Water Source:
- Public
- Senior Community:
- No
- Documents Available:
- Copy Of Lease(s)
- Listing Terms Considered by Seller:
- Cash, Conventional, Owner Will Carry Points
- Buyer Possession:
- Negotiable, Close Of Escrow
- Tax Legal Description:
- GABLES VIEW CONDO UNIT CU-1 UNDIV 1107/77627 INT IN COMMON ELEMENTS OFF REC 22074-1684 COC 24469-4737 04 2006 1
- Real Estate Folio Number (Parcel Number):
- 0141090830790
- Zoning:
- 6100
- Active on the market since:
- June 1, 2026
- Listing Agreement executed on:
- June 1, 2026
- Listing Status Last Changed On:
- June 1, 2026 4:00 am
- Photos updated on:
- August 3, 2026 4:04 pm
- Last Modified:
- August 3, 2026 5:34 pm
- Courtesy of:
- MJ Estates, Inc.
- Attribution:
- Not provided
- Street Name:
- 37th
- Street Number:
- 1627
- Unit Number:
- CU-1
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33145
- County:
- Miami-Dade
- Latitude:
- N25° 45' 22.5''
- Longitude:
- W81° 44' 44.1''
- Street Suffix:
- Avenue
- Street Direction Prefix:
- SW

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