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1610 Salzedo St, Coral Gables FL 33134

Commercial Sale

1610 Salzedo St

Coral Gables, FL 33134

ML#:A12011195
List Price:$3,720,000
Status:Active
Days on Market:16
Listing Brkr:Fausto Commercial Realty Consultants Inc
Subdivision:
Bedrooms:0
Baths:0
SqFt (Liv):
Lot Size:5526 sqft
Year Built:1926
Stories:

General Information

Type Property:Commercial Sale
Style:Income/MultiFamily
Pool:
Garage Spaces:0
Parking:

Location Information

County:Miami-Dade County
Zip:33134
Subdivision:
Latitude:25.756776
Longitude:-80.260796

Additional Features

Construction:Concrete Block Construction
Waterfront:No

Remarks

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.

Listing Agent

Vicente Rodriguez

Fausto Commercial Realty Consultants Inc

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Prepared by Rangely Adames · Sunland Group · Licensed FL Real Estate Sales Associate · rangelyadames.com · (954) 833-0020

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