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,… Read More and well-kept common areas. Currently leased until December 2026 to an excellent tenant—delivering a gross annual income of $45,084 with very low expenses and zero management efforts required. Offered at an attractive 6% 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, hassle-free cash flow in a blue-chip location! Flexible parking options available. Owners only may rent 1–2 dedicated parking spaces (subject to availability). Convenient guest parking accommodates up to 3 client vehicles only at a time. Additional 20-minute parking is located directly in front of the unit, with ample metered and street parking available across the street!! Read Less
Courtesy of MJ Estates, Inc. 305-395-3433
Listing Snapshot
Days Online
44
Last Updated
Property Type
Mixed Use
Square Ft.
1,107
Lot Size
0.03 Acres
Year Built
2004
MLS Number
A12028876
30 Days Snapshot Of 33145
$380k
-43%
(avg) sold price
6
-57%
homes sold
81
-59%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road frontage type: "City Street", "County Road"
Building
Built in 2004, Toal building area: 1107, 1 total unit
Cooling
"Central Individual"
Heating
"Electric"
Home Owner's Association
Association fee: $718, Association fee frequency: Monthly
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed.
Confirm your time
Fill in your details and we will contact you to confirm a time.
