1627 SW 37th Ave # 1, Miami FL 33145
2004
Year Built
177
Days on Market
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 to an excellent tenant—delivering immediate income and a hassle-free hold. Offered at an attractive Over 5% 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 cash flow in a blue-chip location!
Facts
- MLS#
- A11914730
- Subdivision
- —
- Property Type
- Commercial Sale
- Property Sub Type
- Retail
- Year Built
- 2004
- Lot Size
- 1,107 ft²
- Sq. Ft.
- —
- Sq. Mt.
- —
- Price per sq. ft.
- —
- Price per sq. mt.
- —
- Stories
- —
- Garage
- —
- Pool
- —
- Days on Market
- 177 days
- Listed
- Nov 15, 2025
- Last Updated
- May 11, 2026
- Price/Lot Sq.Ft.
- $478/ft²
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Market insights for Miami
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
May 2026
34
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 5/5/2026 | Price change | $529,000-11.7% |
| 11/15/2025 | Listed for sale | $599,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Lovely Stars Academy 2PK,TK,KG,1,2,3,4 · private · 0.6 mi
- Lovely Star Academy
PK,TK,KG,1,2,3,4 · private · 0.9 mi
- Summerville Advantage Academy
KG,1,2,3,4,5 · charter · 1.0 mi
- Goulds Elementary School
PK,KG,1,2,3,4,5 · public · 1.2 mi
- Somerset Academy (Silver Palms)
KG,1,2,3,4,5,6,7,8 · charter · 1.5 mi
- Somerset Academy Charter High School (South Campus)
9,10,11,12 · charter · 1.5 mi
- Palm Glades Preparatory Academy High School
9,10,11,12 · charter · 1.7 mi
- Palm Glades Preparatory Academy
6,7,8 · charter · 1.7 mi
- Somerset Academy Charter High School
9,10,11,12 · charter · 1.7 mi
- Coconut Palm K-8 Academy
PK,KG,1,2,3,4,5,6,7,8 · public · 1.8 mi
Data provided by GreatSchools.org © 2026. All rights reserved.Estimated Monthly Payment
$3,406/mo
Principal & Interest
$2,816
Property Tax
$441
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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