$499,900
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Retail, Commercial Sale
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!
This retail home located at 1627 SW 37th Ave # 1, Miami FL 33145 is currently for sale and it is a new listing on Brickellsold listed today. 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.
