Updated Aug 18, 2026
Israel Edilia Baez Purchases Multifamily Property At 810 Salzedo St For $3,700,000
810�salzedo�st
$3,700,000
$217/SF
Building Size
16,979 SF
Asset Type
MultiFamily
Closing
Mar 31, 2017
About this deal
AI
The asset involved in this transaction is a MultiFamily property located at 810 Salzedo St in Coral Gables. The property encompasses a total square footage of 16,979 and was transacted for a price of $3,700,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $3,700,000.00
- Address: 810 Salzedo St
- Market: Coral Gables
- Square Footage: 16,979
- Buyer: Israel Edilia Baez
- Seller: Arthur Porosoff
- Broker: Arthur Porosoff
The deal involved Israel Edilia Baez as the buyer and Arthur Porosoff as the seller. Arthur Porosoff also served as the broker representing the transaction, highlighting his dual role in this sale.
Players
Coral Gables MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.29%
Cash-on-Cash
-1.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93