Rene Smith - Premier Florida Realty Logo
$499,900
( $451.58Per Sq Foot )
 $2,684 est/mo Sourced by Back At You

1627 SW 37th Ave Cu-1,Miami, FL 33145

Miami, FL 33145

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Description

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 tenantdelivering 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!!

Details

MLS #A12028876
Listing TypeFor Sale
StyleMixeduse
Building NameGables View Condo
HOA Dues$718
Sub-TypeResale
StatusActive
Year2004
Days On Site92
Listing Provided ByMJ Estates, Inc. | Mauricio Jalil

Features

SQ Feet1,107
Story(s)9
Units1
Building(s)1
Zoning6100
Acreage1107.00

Parking

Parking FeaturesFree Parking, Guest, Other, On Street

Taxes

Tax Annual Amount6500

Area Information

StateFL
CountyMiami Dade
CityMiami
Zip Code33145
Area41
Listing VS Median (in 33145)
Price:
$499,900
low | high
Med:
$327,000
84.586917383477% of Average
sqft:
1,107
low | high
Med:
855
72.809394760614% of Average
$ / sqft:
$452
low | high
Med:
$385
64.763810549361% of Average
On site:
92
low | high
Med:
101.5
90.64039408867% of Average
Sourced by Back At You

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Learn More About This Property

Rene Smith

Rene Smith

PPI REALTY

ABR, PMN, SRS, RSPS, AHWD, C2EX (772) 353-1177renebuyandrent@gmail.com
StateFL
CountyMiami Dade
CityMiami
Zip Code33145
Area41
Listing VS Median (in 33145)
Price:
$499,900
low | high
Med:
$327,000
84.586917383477% of Average
sqft:
1,107
low | high
Med:
855
72.809394760614% of Average
$ / sqft:
$452
low | high
Med:
$385
64.763810549361% of Average
On site:
92
low | high
Med:
101.5
90.64039408867% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $374K - $624K
sqft: 830 - 1,000
Nearby Listings Property ImageNearby Listings Details
1627 SW 37th Ave 502 Property Photo 1
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1627 SW 37th Ave 401 Property Photo 1
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1627 Sw 37th Ave 401
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1627 SW 37th Ave 1106 Property Photo 1
$3,500
1627 Sw 37th Ave 1106
Miami, FL 33145
1627 SW 37th Ave 802 Property Photo 1
$2,600
1627 Sw 37th Ave 802
Miami, FL 33145
1715 Douglas Rd 206 Property Photo 1
$861,900
1715 Douglas Rd 206
Miami, FL 33134
Listing Updated: August 24, 2026 at 8:52:39 PM PDT

Rene Smith - Premier Florida Realty