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$599,000
Est. payment /mo
1,107 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 1,107 sqft
Price per Sqft $541
MLS Listing ID A11914730
HOA Fees $663/mo
HOA Y/N Yes
Year Built 2004
Annual Tax Amount $6,266
Tax Year 2025
Lot Size 1,107 Sqft
Property Sub-Type Retail
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!
Location
State FL
County Miami-dade
Area 41
Interior
Heating Central, Electric
Cooling Central Air
Exterior
Private Pool Yes
Building
Sewer Public Sewer
Water Public
Others
HOA Name MJ Estates
Tax ID 01-41-09-083-0790
Acceptable Financing Cash, Conventional, Owner May Carry
Listing Terms Cash, Conventional, Owner May Carry
Special Listing Condition Corporate Listing
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11914730
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Listed by MJ Estates, Inc.
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