2850 Salzedo St, Coral Gables FL 33134

Closed

$6,400,000

Est. Payment $34,063/mo

MLS Sheet Video

1948

Year Built

Stories

Days on Market

Description

Rare opportunity to purchase free-standing building in the heart of Coral Gables. 10,000 SF lot in prime location on the NW corner of Salzedo Street and Palermo Avenue, directly across from new Mercedes Benz. 7275 SF industrial style building has 14 ft ceilings, polished concrete floors, on-grade roll up door, on-site parking, flexible floor plan. Perfect for offices/retail or build to suit under new expanded mixed-use zoning rules. One block from Ponce Park and new Plaza development. Surrounded by new residential developments including Regency Parc, Alexan Crafts, The Village at Coral Gables.

Facts

MLS#: A11533451
Subdivision: —
Property Type: Commercial Sale
Property Sub Type: Retail
Year Built: 1948
Lot Size: 10,000 ft²
Sq. Ft.: —
Sq. Mt.: —
Price per sq. ft.: —
Price per sq. mt.: —
Stories: 1
Garage: —
Pool: —
Days on Market: 65 days
Listed: Feb 14, 2024
Last Updated: Apr 30, 2024
Price/Lot Sq.Ft.: $640/ft²

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Market insights for Coral Gables

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

4/30/2024	Sold	$6,400,000
2/14/2024	Listed for sale	$6,400,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

2850 Salzedo St, Coral Gables FL 33134Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

Fox Trail Elementary School
PK,KG,1,2,3,4,5 · public · 0.6 mi
Indian Ridge Middle School
6,7,8 · public · 0.7 mi
St Gregory The Great School
PK,TK,KG,1,2,3,4,5,6,7,8 · private · 0.7 mi
American High School
6,7,8,9,10,11,12 · private · 1.2 mi
Crayons Christian School
PK,KG,1,2,3,4,5 · private · 1.3 mi
Sterling Academy
6,7,8,9,10,11,12 · private · 1.3 mi
Central Park Elementary School
PK,KG,1,2,3,4,5 · public · 1.4 mi
Developmental Preschool Kindergarten
PK,TK,KG · private · 1.4 mi
Independence High School
UG · private · 1.5 mi
Candil Jacaranda School
PK,KG,1,2,3,4,5 · private · 1.5 mi

Estimated Monthly Payment

$39,547/mo

Principal & Interest

$34,063

Property Tax

$5,333

Insurance

$150

HOA

Down Payment20% ($1,280,000)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

Hablo Español

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