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$499,900

1627 SW 37th CU-1, Miami FL, 33145

Price per sqftN/A
Built in2004
Property typeCommercial
Courtesy of Mauricio Jalil with MJ Estates, Inc.

Overview

Active

Listed Jun 1, 2026

Updated 3 days ago

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!!

Additional information

MLS® ID
A12028876

Interior Features

Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.03 Acres

Other Property Details

Taxes
$6,500
Tax Frequency
Annually
MLS provider logo

Courtesy of MJ Estates, Inc., Mauricio Jalil,
Listing Contact: 305-984-8693 

Based on information from Martin County REALTORS of the Treasure Coast, Inc. (RAMC) as of 10/27/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated 5:21 AM UTC, 10/27/2026

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