1627 SW 37th Avenue CU1 Miami, FL $ 499,900
1627 SW 37th Avenue CU1
$ 499,900
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1627 SW 37th Avenue CU1

Miami, FL, 33145
$ 499,900
Baths0.0 Sq 1,107

Monthly Estimate*

$ 3,078

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View a Virtual Tour
Studio

Single Family Home for sale in Miami, FL

for $499,900. This 1,107 square foot home was built in 2004 on a lot size of 0.03.

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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Single Family Active

Price

$ 499,900

Bedrooms

Studio

Property Type

Single Family

Taxes

$ 6,500

Style

Lot Size

0.03

Year Built

2004

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A12028876

Features
General
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
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
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Interior
Total Stories 9
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
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
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* Excluded Features
List By
Mauricio M Jalil

Listing Agent

Affordability Calculator

$3,620
Per Month
85%
15%
0%
Monthly Principal & Interest
$3,078
Monthly Property Taxes
$542
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/10/2026$499,900 Listed Price

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1627 SW 37th Avenue CU1, Miami, FL, 33145 is a Single Family Home for sale at $499,900 with 1,107 sqft and a lot size of 0.03. 1627 SW 37th Avenue CU1 is a studio with 0.0 baths and was built in 2004. The property's zip code is 33145 which is in Miami, FL