1627 SW 37th Ave #CU-1, Miami, FL 33145
1627 SW 37th Ave #CU-1, Miami, FL 33145
1627 SW 37th Ave #CU-1, Miami, FL 33145
1627 SW 37th Ave #CU-1, Miami, FL 33145
1627 SW 37th Ave #CU-1, Miami, FL 33145
1627 SW 37th Ave #CU-1, Miami, FL 33145
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Norluxe Realty

Norluxe Realty

+1(470) 223-1981
$ 499,900
Est. payment | /mo

1,107 SqFt

Save Virtual Tour
$ 499,900
Est. payment | /mo
Save Virtual Tour

1,107 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 1,107 sqft

Price per Sqft $451

MLS Listing ID A12028876

HOA Fees $718/mo

HOA Y/N Yes

Year Built 2004

Annual Tax Amount $6,500

Tax Year 2025

Lot Size 1,107 Sqft

Property Sub-Type Mixed Use

Property 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!

Location

State FL

County Miami-dade

Area 41

Interior

Heating Central, Electric

Cooling Central Air

Exterior

Private Pool Yes

Building

Story 9

Sewer Public Sewer, Other

Water Public

Others

Tax ID 01-41-09-083-0790

Acceptable Financing Cash, Conventional, Owner May Carry

Listing Terms Cash, Conventional, Owner May Carry

Special Listing Condition Corporate Listing

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12028876

Miami Association of Realtors (SEFMIAMI MLS)
Listed by MJ Estates, Inc.
Nearby Locations
Norluxe Realty

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(470) 223-1981

info@norluxerealty.com

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1627 SW 37th Ave #CU-1