1610, Salzedo Street, Coral Gables, United States

Fausto Commercial is pleased to present 1610 Salzedo Street, a renovated and stabilized 12-unit multi-family asset located in the heart of Coral Gables. This boutique Deco-style building offers strong in-place income, professional management, and long-term appreciation potential within one of Miami’s most desirable residential submarkets. Twelve unit Coral Gables MultiFamily Building. Building in beautiful condition, with common areas and outdoor garden spaces tastefully appointed by a landscape and interior designer. All units are large, highly attractive and sought after Deco Studios. The buildings are professionally managed, with no deferred maintenance and all vetted high-quality tenants, to assure you of a smoothly operating long-term investment. Current rent roll generates $262k gross per year; to yield a true NOI of $170,000. Location is in one of Coral Gables’ nicest residential neighborhoods, with beautiful architecture, lush treescapes, and wonderful walkability, assuring you a long trajectory of sustained rent and value growth. The building is fully up to date on all re-certifications and fully permitted as of 2026