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$579,000 -$20,000 (-3.34%) Price Reduced

  • For Sale
  • Active
  • Office
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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!!

Full Property Details for 1627 SW 37th Ave #CU-1

General

  • Price: $579,000
  • HOA FEE: $663/month
  • Taxes: $6,266 (2025)
  • Status: Active
  • Type: Office
  • Source: Greater_Miami
  • MLS ID: A11914730
  • Updated: 1/12/2026
  • Added to Site: 64 day(s) ago

Business

  • Business Type: Office Space, Retail Space

Rental Information

  • Lease/Rent Term: 1 To 3 Year Lease, 4 To 6 Year Lease

Location

  • County: Miami-Dade County

Community

  • Units Assoc/Comm: 1

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Individual A/C
  • Heating Type: Central Electric

Utilities

  • Sewer: Public Sanitation
  • Water: Public

Structural Information

  • Structure Type: Office/Retail, Office, Other Building Type, Professional, Retail
  • Detached/Attached: Detached
  • Building Size: 1107
  • Year Built: 2004

Unit Information

  • Units in Complex: 1

Lot Features

  • Lot Size (Sq. Ft.): 1,107
  • Zoning: 6100

Financial Considerations

  • Association Fee: $663
  • Assoc Fee Freq.: Monthly
  • Insurance Fee: $1,000
  • Operating Expenses: $15,228
  • Tax Amount: $6,266
  • Tax Year: 2025
  • Terms: All Cash, Conventional/Refinance, Owner Will Carry
  • Tenant Pays: A/C & Heating Maintenance, Electricity, Fire Liability Insurance, Inside Insurance, Interior Maintenance, Sales Tax

Disclosures and Reports

  • Special Conditions: Sale
  • Documents Avail.: Bylaws And Documents, Contracts, Copy Of Lease(S), Owner Managed
  • 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
  • Property ID: 01-41-09-083-0790

Listed by MJ Estates, Inc.

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Listing agent

— 1627 SW 37th Ave #CU-1 —

  • MJ Estates, Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1627 SW 37th Ave #CU-1

School District:Dade County School District
NameGradesDistance
Coral Gables Preparatory Academy
105 Minorca Avenue, Coral Gables, FL 33134
PK-50.3 mi
Ponce De Leon Middle School
5801 Augusto Street, Coral Gables, FL 33146
6-82.9 mi
Coral Gables Senior High School
450 Bird Road, Coral Gables, FL 33146
9-121.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1627 SW 37th Ave #CU-1 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/12/2026
Price Reduced
$579,000
-3.34%
MLS
11/15/2025
Listed
$599,000
338.83%
MLS
5/24/2013
Sold
$136,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1627 SW 37th Ave #CU-1

Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,542
-3%
$326,565
—
2023
$6,713
—
$326,565
—
2022
$6,732
2%
$326,565
5%
2021
$6,586
—
$309,960
—
2019
$6,617
7%
$309,960
8%
2018
$6,156
6%
$286,332
-6%
2017
$5,823
4%
$304,425
29%
2016
$5,619
10%
$236,639
10%
2015
$5,123
16%
$215,127
10%
2014
$4,435
48%
$195,570
60%
2013
$2,999
—
$122,584
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by MJ Estates, Inc.

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1627 SW 37th Ave #CU-1, Miami, FL 33145 (MLS# A11914730) is a Office property. 1627 SW 37th Ave #CU-1 is currently listed for $579,000 and was received on November 15, 2025. Want to learn more about 1627 SW 37th Ave #CU-1? Do you have questions about finding other Office real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

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