$5,500,000
San Juan Motel for Sale | Prime Little Havana Prime Commercial Real Estate Miami
Miami, Florida
Soft Offerrenovated and stabilized 12-unit multi-family asset, Coral Gables, Miami-Dade County
1610, Salzedo Street, Coral Gables, Florida 33134
$3,720,000
$673 / sq ft 4.57% cap rate Listed Jul 22, 2026
5,526 sqft
Building
12
Units
About this property
renovated and stabilized 12-unit multi-family asset, Coral Gables, Miami-Dade County is a multifamily for sale in Coral Gables, Florida, listed at $3,720,000. Key details: building size 5,526 sqft, total units 12, property status Normal Sale, building status Existing. Listed by Vicente Rodriguez of Fausto Commercial on LoopingCloud and last updated July 22, 2026.
Property Overview
Fausto Commercial proudly presents 1610 Salzedo Street, a fully renovated and stabilized 12-unit multifamily asset situated in the heart of Coral Gables, FL. This boutique Art Deco-style building delivers strong in-place income, professional property management, and exceptional long-term appreciation potential within one of Miami’s premier residential submarkets.
Investment Highlights
-
Asset Type: 12-Unit Multifamily Apartment Building
-
Gross Annual Income: $262,000
-
Net Operating Income (NOI): $170,000
-
Condition: Turnkey asset in pristine condition with zero deferred maintenance
-
Compliance: Fully up to date on all municipal re-certifications and fully permitted as of 2026
Property Features & Finishes
-
Spacious Unit Mix: Comprises 12 large, highly desirable Deco-style studio apartments that consistently attract high-quality, vetted tenants.
-
Designer Upgrades: Common areas and lush outdoor garden spaces have been meticulously appointed by professional landscape and interior designers.
-
Operations: Professionally managed to guarantee a smoothly operating, low-maintenance passive investment.
Location Advantages
Nestled in one of Coral Gables’ finest residential neighborhoods, the property benefits from stunning local architecture, mature lush treescapes, and top-tier walkability. This prime location secures a strong trajectory for sustained rental income growth and long-term asset appreciation in South Florida.
Lending Opportunities
| Company | Lender type | Contact | Phone | |
|---|---|---|---|---|
| TheLoanProsTeam | Mortgage Broker | Roxanne Chung | (754) 707-5877 | |
| Money Solutions, LLC | Mortgage Broker | Jennifer A. Judice | (813) 431-5000 |
Business Opportunities
| Company | Business type | Contact | Phone | |
|---|---|---|---|---|
| BAY TITLE COMPANY | Title Services | ALANA Supraski | (305) 692-8886 |
Property details
Key facts
- Building Size
- 5,526 sqft
- Total Units
- 12
- Property Status
- Normal Sale
- Building Status
- Existing
Pricing details
- Net Operating Income
- $170,000
- Financing
- Third Party Financing
- Investment Property
- Active investment property
Investment snapshot
4.57%
Cap rate
$170,000
Net operating income
$673
Price per sq ft
Acquisition options
| Option | Asking price | Cap rate | Commission | Monthly income | Ownership |
|---|---|---|---|---|---|
| Purchase Only | $3,720,000 | - | - | - | - |
Features and amenities
Property Other Use Types
- re-certifications and fully permitted as of 2026
Property Features
- Spacious Unit Mix: Comprises 12 large, highly desirable Deco-style studio apartments that consistently attract high-quality, vetted tenants.
Highlights
- Operations: Professionally managed to guarantee a smoothly operating, low-maintenance passive investment.
Location
Address as shown by the lister.
Get directionsAbout this area - Miami
- Population
- 34,045
- Housing units
- 15,477
- Land area
- 5.2 sq mi
- County
- Miami Dade
Neighborhood
Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.
Documents, links and contacts
Links
1 linkAdditional contacts
1 person to reach- Christopher CanizaresRealtor Associate (786) 862-8247
Frequently asked questions
What is the asking price of renovated and stabilized 12-unit multi-family asset, Coral Gables, Miami-Dade County?
renovated and stabilized 12-unit multi-family asset, Coral Gables, Miami-Dade County is listed at $3,720,000. That works out to about $673 per square foot. The stated cap rate is 4.57%.
Where is renovated and stabilized 12-unit multi-family asset, Coral Gables, Miami-Dade County located?
The property is in 1610, Salzedo Street, Coral Gables, Florida 33134, Miami Dade County.
What type of property is this?
This is a multifamily for sale in the commercial category.
How big is the property?
The building is 5,526 sqft.
Is financing available?
The lister indicates: Third Party Financing.
Who do I contact about this listing?
Vicente Rodriguez of Fausto Commercial listed this property. Use the Request Info button to send a message or call (305) 431-2258.
When was this listing published?
It was published on July 22, 2026 and last updated on July 22, 2026.
Listing information
- Listing ID
- CL-Florida-28055
- Published
- Jul 22, 2026
- Last updated
- Jul 22, 2026
Report a problem with this listing
Disclaimer: LoopingCloud is a social listing portal that connects real estate professionals, service providers, buyers, and sellers. All property information, descriptions, availability, financial details, and any offerings are provided by the respective lister or service provider and are not independently verified by LoopingCloud.
More from Vicente Rodriguez
$3,000,000
Urban Core Land Development Opportunity at 528 NE 26th St – Edgewater, Miami, FL 33137
Miami, Florida
Soft Offer
Similar properties
$1,575,000
Commercial
Nov 5, 2026
4762 sqft
Multifamily
Duplex/Triplex/Fourplex
Prime 6 Unit Multifamily Property for Sale Infill Investment Opportunity in Little Havana, Miami, FL 33135
1619 NW 1st St Miami, Florida 33125
$1,200,000
Commercial
Nov 3, 2026
906 sqft
Multifamily
Duplex/Triplex/Fourplex
Prime Multifamily Duplex & Land Opportunity at 2170 2172 NW 2nd St Little Havana, Miami, FL
2170 NW 2ND ST Miami, Florida 33125
$775,000
Commercial
Oct 21, 2026
3190 sqft
Multifamily
Duplex/Triplex/Fourplex
Grapeland Heights Duplex | 3 Units on 7,500 SF Lot
1004 NW 33rd Ave Miami, Florida 33125
$1,900,000
Commercial
Oct 19, 2026
3679 sqft
Multifamily
Duplex/Triplex/Fourplex
Triplex Townhome-Style Multifamily Asset for Sale in Little Havana, Miami |Seller Financing Available
642 SW 10th Ave Miami, Florida 33130
