2814 SW 37th Ave

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2814 SW 37th Ave

Miami, FL 33133
Asking Price
$15.00M
Asset Type
Retail
Class
Class B

What's Special

2814 SW 37th Ave is located along the Douglas Road corridor, situated at the intersection of Coconut Grove and Coral Gables. The neighborhood features a mix of high-density residential developments, professional offices, and established local businesses. The property is positioned within walking distance of the Douglas Road Metrorail Station and the Underline urban trail, providing access to major transit routes. It is also located near the Shops at Merrick Park and the US-1 commercial artery, ensuring steady regional connectivity and proximity to the high-traffic residential centers of South Miami. The asset is suitable for retail operations requiring high visibility and pedestrian accessibility. Ideal use cases include boutique storefronts, service-based retail, or fitness studios that cater to the local professional and affluent residential demographic. The typical tenant profile includes established local brands, neighborhood service providers, or wellness concepts looking to leverage the area's strong daytime population and consistent foot traffic. The layout supports businesses that benefit from being nestled between two of Miami’s most active submarkets.

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NOI
$80,000
Cap Rate
0.53%
DSCR
0.09
Underwater
Cash-on-Cash
-18.01%
Monthly Payment
$74,211.816
Annual Cash Flow
$-810,541.789

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