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1610 Salzedo St Immeuble residentiel 12 lots 3 209 876 € (267 490 €/Lot) Taux de capitalisation 4,57 % Coral Gables, FL 33134
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- True turnkey Coral Gables multifamily — stabilized, renovated, and professionally managed
- Ideal for private capital, family offices, or 1031 buyers seeking low-risk income
- No deferred maintenance; building in excellent condition
- 12 large Deco-style studio units with consistent tenant demand
- 100% occupancy and strong rent collections
- Fully permitted and recertified as of 2026
Résumé analytique
Fausto Commercial is pleased to present 1610 Salzedo Street, a renovated and fully stabilized 12-unit multifamily asset located in the heart of Coral Gables’ premier residential core. This boutique Deco-style apartment building features large, highly desirable studio residences, professionally curated common areas, and landscaped outdoor garden space—creating a refined living environment that supports long-term tenant retention.
The property is 100% occupied, professionally managed, and generates approximately $262,000 in gross annual income, supporting a true stabilized NOI of approximately $170,000. The building has been thoughtfully maintained with selective upgrades, offers no deferred maintenance, and is fully compliant with all building recertifications and permitting requirements as of 2026.
Situated on a quiet, tree-lined residential block, 1610 Salzedo Street benefits from exceptional walkability and proximity to Miracle Mile, Merrick Park, Ponce de Leon Boulevard, and major employment and transit corridors. The surrounding neighborhood’s architectural character, strong demographics, and limited new multifamily supply provide a durable foundation for stable income and long-term appreciation.
This offering represents a core / core-plus investment opportunity ideal for long-term holders, boutique portfolio owners, or investors seeking durable cash flow in one of South Florida’s most supply-constrained submarkets.
The property is 100% occupied, professionally managed, and generates approximately $262,000 in gross annual income, supporting a true stabilized NOI of approximately $170,000. The building has been thoughtfully maintained with selective upgrades, offers no deferred maintenance, and is fully compliant with all building recertifications and permitting requirements as of 2026.
Situated on a quiet, tree-lined residential block, 1610 Salzedo Street benefits from exceptional walkability and proximity to Miracle Mile, Merrick Park, Ponce de Leon Boulevard, and major employment and transit corridors. The surrounding neighborhood’s architectural character, strong demographics, and limited new multifamily supply provide a durable foundation for stable income and long-term appreciation.
This offering represents a core / core-plus investment opportunity ideal for long-term holders, boutique portfolio owners, or investors seeking durable cash flow in one of South Florida’s most supply-constrained submarkets.
Informations sur l’immeuble
| Prix | 3 209 876 € | Style d’appartement | De faible hauteur |
| Prix par lot | 267 490 € | Classe d’immeuble | C |
| Type de vente | Investissement | Surface du lot | 0,05 ha |
| Taux de capitalisation | 4,57 % | Surface de l’immeuble | 573 m² |
| Nb de lots | 12 | Nb d’étages | 2 |
| Type de bien | Immeuble residentiel | Année de construction | 1926 |
| Sous-type de bien | Appartement | Ratio de stationnement | 0,05/1 000 m² |
| Zonage | MF-2 - MF-2 zoning provides long-term optionality subject to approvals | ||
| Prix | 3 209 876 € |
| Prix par lot | 267 490 € |
| Type de vente | Investissement |
| Taux de capitalisation | 4,57 % |
| Nb de lots | 12 |
| Type de bien | Immeuble residentiel |
| Sous-type de bien | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Surface du lot | 0,05 ha |
| Surface de l’immeuble | 573 m² |
| Nb d’étages | 2 |
| Année de construction | 1926 |
| Ratio de stationnement | 0,05/1 000 m² |
| Zonage | MF-2 - MF-2 zoning provides long-term optionality subject to approvals |
Lot informations sur la combinaison
| Description | Nb de lots | Moy. loyer/mois | m² |
|---|---|---|---|
| Studios | 12 | - | 46 |
1 1
Exceptionally walkable
100/100
Somewhat drivable
30/100
Good public transit
60/100
Fairly bikeable
50/100
Taxes foncières
| Numéro de parcelle | 03-4108-009-3550 | Évaluation des aménagements | 0 € |
| Évaluation du terrain | 0 € | Évaluation totale | 1 605 000 € |
Taxes foncières
Numéro de parcelle
03-4108-009-3550
Évaluation du terrain
0 €
Évaluation des aménagements
0 €
Évaluation totale
1 605 000 €
Contacts
-
Carlos Fausto Miranda -
Vicente Rodriguez -
Christopher Canizares -
Fausto Commercial Realty Consultants
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1610 Salzedo St
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