Mixed Use in Miami
$499,900
Listing courtesy of MJ Estates, Inc.; Mauricio Jalil. Information from the Southeast Florida Multiple Listing Service is deemed reliable but is not guaranteed accurate.
n/a
n/a
n/a
Mixed Use, Commercial Sale
Details
Overview
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 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!
This mixed use home located at 1627 SW 37th Ave # 1, Miami FL 33145 is currently for sale and has been available on Brickellsold for 98 days. This property is listed at $500K. It has N/A beds, N/A bathrooms, and is N/A square feet. It was built in 2004. 1627 SW 37th Ave # 1, Miami FL 33145 is in Miami county Miami-Dade County.
Interior
- Flooring:
- Common walls with other units/homes:
Property
- Parking Features: Free Parking,Guest,Other,On Street
- Entry location:
- Exterior Features:
- View Description:
Construction
- Year Built: 2004
Community & HOA
- Security Features:
- Amenities:
- HOA Fees: $718/mo
Financial
Metadata
Neighborhood Insights
School and crime data are from public sources and are informational only.
Nearby Schools
Within 5 miles
- Coral Gables Preparatory Academy MLC • 0.0 mi • K-12
- Coral Gables Preparatory Academy • 0.0 mi • K-12
- Auburndale Elementary PLC-H1 • 0.0 mi • K-12
- Auburndale Elementary • 0.0 mi • K-12
- English Center • 0.0 mi • K-12
- Kinloch Park Elementary • 0.0 mi • K-12
Nearby Hospitals
Within 3 miles
No nearby hospitals found.
Crime Overview
Crime data unavailable for this area.
