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1627 SW 37th Ave - Gables View 1,107 SF Office Condo Unit Offered at $599,900 in Miami, FL 33145
INVESTMENT HIGHLIGHTS
- EXCELLENT LOCATION
- EASY TO MANAGED
- 5% ANNUAL INCREASE
EXECUTIVE SUMMARY
Prime office condo with over 1,100 SF on Douglas Rd (SW 37 Ave, east side) near SW 16 St. Mint condition interior with a spacious private 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!
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Kitchen
- Tub/Shower
- Built-In Bookshelves
- Office
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- 24 Hour Access
- Clubhouse
- Concierge
- Courtyard
- Fitness Center
- Pool
- Doorman
- Conference Rooms
- Elevator
- Smoke Detector
1 UNIT AVAILABLE
Unit CU-1
| Unit Size | 1,107 SF | Sale Type | Investment |
| Price | $599,900 | Cap Rate | 5.00% |
| Price Per SF | $541.92 | NOI | $29,995 |
| Condo Use | Office | APN/Parcel ID | 01-4109-083-0790 |
| Unit Size | 1,107 SF |
| Price | $599,900 |
| Price Per SF | $541.92 |
| Condo Use | Office |
| Sale Type | Investment |
| Cap Rate | 5.00% |
| NOI | $29,995 |
| APN/Parcel ID | 01-4109-083-0790 |
DESCRIPTION
Prime office condo with over 1,100 SF on Douglas Rd (SW 37 Ave, east side) near SW 16 St. Mint condition interior with a spacious private 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!
SALE NOTES
PRIME LOCATION
GREAT RETURN WITH 5% ANNUAL INCREASE
LOW MANAGEMENT FEE
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1627 SW 37th Ave - Gables View
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