36 Phoenetia Ave,Coral Gables, FL 33134
Coral Gables, FL 33134
Description
Welcome to Casa Coral, an extraordinary opportunity to acquire the only legal short-term rental property in Coral Gables operating w a Conditional Use Permit as a Bed & Breakfast. Rich in history & character, this beautifully preserved 100 yr old Spanish-style villa offers a truly unique investment in one of Miami's most prestigious neighborhoods. 36 Phoenetia is a fully operational boutique hospitality property w 6 private units divided between 2 charming Spanish-style buildings. Every unit is equipped w its own entrance, bathroom, kitchenette, split-system A/C, & dedicated water heater, providing guests w the comfort & privacy of a home-away-from-home experience. Successfully operating for more than 5 years, it has cultivated a loyal base of repeat travelers & consistent occupancy, generating $223K in gross revenue in 2025. The property’s welcoming atmosphere appeals to leisure travelers, business professionals, medical visitors, & extended-stay guests alike. For experienced operators, this presents an opportunity to further optimize operations & unlock even greater profitability. Beyond its proven income stream, it offers tremendous long-term value as Coral Gables continues to evolve. Whether you’re an investor, boutique hospitality group, owner-operator, or seasoned STR professional, opportunities like this rarely come to market. Own a piece of history while acquiring a one-of-a-kind income-producing asset w authentic Spanish architecture & significant future upside.
Details
| MLS # | A12066705 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1926 |
| Days On Site | 34 |
| Listing Provided By | United Realty Group Inc | Eric Periu |
Features
| SQ Feet | 3,128 |
|---|---|
| Story(s) | 2 |
| Zoning | 3801 |
Exterior
| Lot Features | Less Than Quarter Acre |
|---|
Taxes
| Tax Annual Amount | 31921 |
|---|
Location
| Community Features | Laundry Facilities |
|---|
Area Information
| State | FL |
|---|---|
| County | Miami Dade |
| City | Coral Gables |
| Zip Code | 33134 |
| Area | 41 |
| Community Name | C GAB DOUGLAS SEC |
| Listing VS Median (in C GAB DOUGLAS SEC) | |
Price: $2,500,000 low | high Med: $2,350 sqft: 3,128 low | high Med: 1,850 $ / sqft: $799 low | high Med: $3 On site: 34 low | high Med: 27 | |
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Learn More About This Property
| State | FL |
|---|---|
| County | Miami Dade |
| City | Coral Gables |
| Zip Code | 33134 |
| Area | 41 |
| Community Name | C GAB DOUGLAS SEC |
| Listing VS Median (in C GAB DOUGLAS SEC) | |
Price: $2,500,000 low | high Med: $2,350 sqft: 3,128 low | high Med: 1,850 $ / sqft: $799 low | high Med: $3 On site: 34 low | high Med: 27 | |
