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MLS #A12028876 image #0
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!!
Current real estate data for Commercial in Miami as of Nov 07, 2026
445
Commercial Listed
208
Avg DOM
$3,517,788
Avg List Price
Listing Provided Courtesy of MJ Estates, Inc. at 305-395-3433

Property Details

Price:
$499,900
MLS #:
A12028876
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Subdivision:
Miami
Neighborhood:
2410
Listed Date:
Jun 1, 2026
Total Sq Ft:
1,107
Lot Size:
48,220,920 sqft / 0.03 acres (approx)
Year Built:
2004
Miami

Schools

Interior

Cooling
Central Individual
Heating
Electric

Exterior

Parking Features
Guest, On Street, Free, Other

Financial

HOA Fee
$718
HOA Fee Frequency
Monthly
Net Operating Income
$28,000
Tax Year
2025
Taxes
$6,500

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Community

Property Summary

    1627 SW 37th Avenue CU-1 Miami FL is a Commercial for sale in Miami, FL, 33145. It is listed for $499,900 To schedule a showing of MLS#a12028876 at 1627 SW 37th Avenue CU-1 in Miami, FL, contact your Trust House Realty agent at 9543362003.

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