1627 SW 37th Ave CU-1, Miami, FL 33145
sale
$559,000
|
Retail
Courtesy Of MJ Estates, Inc
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 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!
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Virtual Tour
Property Features
- Age: 21-30 Years Old
- Architecture Style: Other
- Cooling System: Central Air
- Heating System: Electric (Heating)
- Heating System: Central
- Home Owner Assessments Fee: $663.00
- 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
- MLSID: A11914730
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