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.