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$499,900
New Listing

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

For Sale|Condominium|Active
0
Beds
0
Total Baths
1,107
SqFt
$452
/SqFt
2004
Built
County:
Miami-Dade
Call Now: 305-390-2737
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305-390-2737
1627 SW 37th Ave CU-11627 SW 37th Ave CU-11627 SW 37th Ave CU-11627 SW 37th Ave CU-1
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Monthly Payment (Est.)

$2,281
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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.

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Listing Snapshot
Price 
$499,900
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
1,107 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.0254 Acres
Year Built 
2004
MLS® Number 
A12028876
Status 
Active
Property Tax 
$6,500
HOA/Condo/Coop Fees 
$718 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
7 hours agoListing first seen on site
11 hours agoListing updated with changes from the MLS®
General Features
Disclosures 
Owner Is Listing Agent
Parking 
GuestOtherOn Street
Property Sub Type 
Condominium
Sewer 
Public SewerOther
SqFt Total 
1107
Water Source 
Public
Zoning 
6100
Interior Features
Cooling 
Central Air
Heating 
CentralElectric
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Exterior Features
Road Frontage 
County RoadCity Street
Community Features
Association Dues 
718
Financing Terms Available 
CashConventionalOwner May Carry
HOA Fee Frequency 
Monthly
MLS Area 
41
Listing courtesy of MJ Estates, Inc.

The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. Information is deemed reliable but not guaranteed. Copyright © 2026, Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. All rights reserved. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

Neighborhood & Commute
Source: Walkscore
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