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

About This Home

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!!

Property Details

Heating

Central Electric

Cooling

Central Individual A/C

Parking Features

Free Parking, Guest, Other, On Street

Building & Association

Building Name

Gables View Condo

Stories

9

Stories Total

9

Association

No

Association Fee

$718

Association Fee Frequency

Monthly

Lot & Construction

Lot Size Square Feet

1,107

Waterfront

No

View

No

Construction Materials

Insulated

New Construction

No

Public Records

Parcel Number

01-41-09-083-0790

Tax Annual Amount

$6,500

Tax Year

2,025

Zoning

6100

County Or Parish

Miami-Dade County

Location