1627 SW 37th Ave # 1 Miami FL 33145 | MLS #A12028876
1627 SW 37th Ave # 1
Miami, FL, 33145
$499,900
Beds
0 Baths
0 SqFt
0 Acres
$499,900
1627 SW 37th Ave # 1
Miami, FL, 33145
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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!!

Property Details

Price:
$499,900
MLS #:
A12028876
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Listed Date:
Jun 1, 2026
Total Sq Ft:
1,107
Year Built:
2004
Gables View CondoCommercial/residential Income,office SpaceCommercial Office

Schools

Interior

Cooling
Central Individual A/C
Heating
Central Electric

Exterior

Building Features
Club House
Construction Materials
Insulated
Open Parking YN
1
Parking Features
Free Parking, Guest, Other, On Street
Stories
9

Financial

HOA Fee
$718
HOA Fee Frequency
Monthly
Net Operating Income
$28,000
Tax Year
2025
Taxes
$6,500
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Current real estate data for Commercial in Miami as of Aug 15, 2026
912
Commercial Listed
206
Avg DOM
$1,522,224
Avg List Price

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Property Summary

    1627 SW 37th Ave # 1 Miami FL is a Commercial for sale in Miami, FL, 33145. It is listed for $499,900
1627 SW 37th Ave # 1
Miami, FL