HOMES BY DARCI
Southern Key Realty
1627 SW 37th Avenue Cu1 Miami FL 33145
Address
1627 Sw 37th Avenue Cu1, Miami, FL
Price
$ 499,900
Property Attributes
- MLS#A12028876
- TypeSingle Family
- Listing Status Active
- CountyMiami-Dade
- CityMiami
- Area2410
- Zip33145
- Style
- Year Built2004
- Taxes$ 6500
- Price$ 499,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage1107
- Lot Size0.03 Acres
Data Source:
Beaches MLS (FL)
Property 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.
| Price History | |
|---|---|
| 6/10/2026 | Listed $499,900 |
General Features
| Sewer | PublicSewer |
|---|---|
| Heating | Electric |
| Cooling | CentralAir |
| Utilities | SewerAvailable |
| Possession | CloseOfEscrow,Negotiable |
| HOA Fee | 718 |
| Year Built | 2004 |
| Tenant Pays | Electricity,FireInsurance,HvacMaintenance,Insurance,MinorInteriorMaintenance,Telephone |
| Unit Number | CU1 |
| Property Subtype | MixedUse |
| Tax Year | 2025 |
| Gross Income | 45000 |
| Assoc Fee Paid Per | Monthly |
| County | Miami-Dade |
| Net Operating Income | 28000 |
| New Construction | false |
| Property Type | CommercialSale |
| Status | Active |
| City | Miami |
| Disclosures | OwnerIsListingAgent |
| Number Of Units Total | 1 |
| MLS Area | 2410 |
| Tax Annual Amount | 6500 |
| Property Condition | Resale |
| Virtual Tour | https://www.propertypanorama.com/instaview/mia/A12028876 |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Property Sub Type Additional | MixedUse |
| PostalCity | Miami |
| Legal Description | GABLES VIEW CONDO UNIT CU-1 UNDIV 1107/77627 INT IN COMMON ELEMENTS OFF REC 22074-1684 COC 24469-4737 04 2006 1 |
Interior Features
| Total Stories | 9 |
|---|---|
| Air Conditioning Y/N | true |
| Heating Y/N | true |
Exterior Features
| Parking Features | FreeParking,Guest,Other,OnStreet |
|---|---|
| Water Source | Public |
| Lot Size Area | 1107 |
| Number of Buildings | 1 |
| Building Area Total | 1107 |
| Lot Size Acres | 0.03 |
| Road Frontage Type | CountyRoad,CityStreet |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 33145
Price
Taxes
Year Built
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