Commercial property in Miami, Florida № 1972132

Commercial property in Miami, Florida № 1972132
ID1972132 $ 599 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
1972132

Property 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!
MLS #: A11914730
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CityMiami
Address1627 SW 37th Ave # 1, Miami FL 33145
TypeCommercial property
Completion dateIV quarter, 2004
Price
  • Price
  • per m²
$ 599 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
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