1627 SW 37th Ave
$599,000
1627 SW 37th Ave, Coral Gables, FL 33145
29,859
NOI
1,107 sqft
Building Size
Details:
Highlights:
- Gross Income: 45087
- Documents Available: Bylaws And Documents, Contracts, Copy Of Lease(S), Owner Managed
- Cooling: Central Individual A/C
- Heating: Central Electric
- Insurance Expense: 1000
Description:
Prime 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!
Location
Gallery
