How much is 1627 SW 37th Avenue CU-1?

1627 SW 37th Avenue CU-1 is listed at $499,900, about $452 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.

What is the cap rate on 1627 SW 37th Avenue CU-1?

The listing reports net operating income of $28,000 a year, a cap rate of about 5.6% at the $499,900 asking price. Seller-reported income is a starting point: verify it against the rent roll, the leases and the operating statements during due diligence.

What is 1627 SW 37th Avenue CU-1 zoned?

The listing reports zoning of 6100. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.

How big is 1627 SW 37th Avenue CU-1?

The listing reports 1,107 square feet of building.

When was 1627 SW 37th Avenue CU-1 built?

1627 SW 37th Avenue CU-1 was built in 2004. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.

What are the property taxes on 1627 SW 37th Avenue CU-1?

The listing reports annual property taxes of $6,500 for 2025. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.

How do I tour 1627 SW 37th Avenue CU-1?

Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.

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

$499,900 · $452 per sq ft · Mixed-Use for sale

Property type: Mixed Use
Asking price: $499,900
Price per sq ft: $452
Building size: 1,107 sq ft
Lot size: 1,307 sq ft
Zoning: 6100
Year built: 2004
Units: 1
Stories: 9
Net operating income: $28,000/yr
Cap rate: 5.6%
Occupancy: 100%
Tenant pays: Electricity, HVAC Maintenance, Insurance, Telephone, Interior Electric, Inside Insurance, Interior Maintenance, Fire Liability Insurance, Maintenance
Buildings: 1
Parcel ID: 0141090830790
MLS#: A12028876

Photo 1 at 1627 SW 37th Avenue CU-1, Miami

Photo 2 at 1627 SW 37th Avenue CU-1, Miami

Photo 3 at 1627 SW 37th Avenue CU-1, Miami

Photo 4 at 1627 SW 37th Avenue CU-1, Miami

Photo 5 at 1627 SW 37th Avenue CU-1, Miami

Photo 6 at 1627 SW 37th Avenue CU-1, Miami

Photo 7 at 1627 SW 37th Avenue CU-1, Miami

Photo 8 at 1627 SW 37th Avenue CU-1, Miami

About this property

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!

Building Features and Utilities

Sewer Available

Rent Roll

Unit type	Units	Beds / baths	Size	Rent per unit	Pro forma
1 Bedroom	1	1 / —	—	$313/mo	—

1 units. Reported rent $3,756 a year ($313 a month).

Unit types and rents as the listing reports them in the MLS. Ask the listing broker for the leases and the trailing twelve months before you rely on them.

Operating Statement

Gross income	$45,000/yr
Property taxes	$6,500/yr
Other	$17,000/yr
Net operating income	$28,000/yr
Cap rate at asking price	5.6%

Income and expenses as the seller entered them in the MLS, not verified. A buyer's lender underwrites from the actual statements and the property tax and insurance a new owner will pay.

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

MJ Estates, Inc. · Manager@mjestates.com · Listing agent: Mauricio M Jalil

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Request a tour or more information

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 1627 SW 37th Avenue CU-1 or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.

Questions About 1627 SW 37th Avenue CU-1

How much is 1627 SW 37th Avenue CU-1?: 1627 SW 37th Avenue CU-1 is listed at $499,900, about $452 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
What is the cap rate on 1627 SW 37th Avenue CU-1?: The listing reports net operating income of $28,000 a year, a cap rate of about 5.6% at the $499,900 asking price. Seller-reported income is a starting point: verify it against the rent roll, the leases and the operating statements during due diligence.
What is 1627 SW 37th Avenue CU-1 zoned?: The listing reports zoning of 6100. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
How big is 1627 SW 37th Avenue CU-1?: The listing reports 1,107 square feet of building.
When was 1627 SW 37th Avenue CU-1 built?: 1627 SW 37th Avenue CU-1 was built in 2004. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
What are the property taxes on 1627 SW 37th Avenue CU-1?: The listing reports annual property taxes of $6,500 for 2025. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.
How do I tour 1627 SW 37th Avenue CU-1?: Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.

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