1627 SOUTH WEST 37TH AVE #CU-1, Miami
$549,000 USD
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| Address | 1627 SOUTH WEST 37TH AVE #CU-1, Miami |
| Type of Property | Retail |
| Type of Business | Office Space, Retail Space |
| Price | $549,000 |
| Previous Price | $559,000 (1 days ago) |
| Property Status | Active |
| MLS Number | A11914730 |
| Property Size | 1107 |
| Lot Size | 1107 |
| Year Built | 2004 |
| Folio Number | 01-41-09-083-0790 |
| Gross Operating Income | $45,087 |
| Net Operating Income | $29,859 |
| Zoning Information | 6100 |
| Days on Market | 132 |
Detailed Description: Coral Gables prime retail / office condo with over 1,100 sq.ft 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 to an excellent tenant—delivering immediate income and a hassle-free hold. Offered at an attractive Over 5% 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 cash flow in a blue-chip location!
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Address Information
| State | Florida |
| City | Miami |
| County | Miami-Dade County |
| Zip Code | 33145 |
| Address | 1627 SOUTH WEST 37TH AVE |
| Zip Code (4 Digits) | 1726 |
Financial Information
| Price | $549,000 |
| Price per Foot | $0 |
| Previous Price | $559,000 |
| Folio Number | 01-41-09-083-0790 |
| Gross Operating Income | $45,087 |
| Net Operating Income | $29,859 |
| Association Fee | $663 |
| Tax Amount | $6,266 |
| Tax Year | 2025 |
| Possession Information | Rental Agreement |
Full Descriptions
| Detailed Description | Coral Gables prime retail / office condo with over 1,100 sq.ft 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 to an excellent tenant—delivering immediate income and a hassle-free hold. Offered at an attractive Over 5% 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 cash flow in a blue-chip location! |
| Cooling Description | Central Individual A / C |
| Heating Description | Central Electric |
| Water Description | Public |
| Sewer Description | Public Sanitation |
Property parameters
| Living Area | 1107 |
| Lot Size | 1107 |
| Total Acreage | 0.000 |
| Zoning Information | 6100 |
| Maximum Leasable Size | 1107 |
| Year Built | 2004 |
| Type of Property | Retail |
| Type of Business | Office Space, Retail Space |
| Street Direction | South West |
| Listed with | MJ Estates, Inc. |