$549,000
1627 SW 37th Ave # 1, Miami FL 33145
Retail
Built in 2004
1,107 Square Feet lot
$663/mo HOA
149 days on market
About this property
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 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!
Property Details
Exterior
- Waterfront: No
Interior
- Building Area Total: 1107
- Cooling Type: Central Individual A/C
- Heating Type: Central Electric
Location
- City: Miami
- County: Miami-Dade County
- State: FL
- Road Frontage (Length/Type): City Street
- Zoning: 6100
Construction
- New Construction: No
- Sewer: Public Sanitation
- Water Source: Public
Public Info
- Lot Size: 1,107 Square Feet
- Year Built: 2004
- APN: 01-41-09-083-0790
Tax Information
- Annual Tax Amount: $6,266
- Tax Year: 2025
Price History
| 4/13/2026 |
Listed for Sale
Source: Miami REALTORS® |
$549,000 |
| 12/4/2023 |
Leased
Source: Miami REALTORS® |
$3,200 |
Walk Score
94
Walker's Paradise
62
Bikeable
Kevin McCarthy
RACVantage Managing Broker | Commercial Real Estate Advisor