Price: $2,500,000
MLS Number: A12066705
 Single Family
36 Phoenetia Avenue, Coral Gables, Florida 33134 USA
 Living Area: 3,128
 
 HOA Fees: $0
 
 Year Built: 1926
 Community: C GAB DOUGLAS SEC
 
 Subdivision: C GAB DOUGLAS SEC
About this Property
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 \u0026 Breakfast. Rich in history \u0026 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, \u0026 dedicated water heater, providing guests w the comfort \u0026 privacy of a home-away-from-home experience. Successfully operating for more than 5 years, it has cultivated a loyal base of repeat travelers \u0026 consistent occupancy, generating $223K in gross revenue in 2025. The property’s welcoming atmosphere appeals to leisure travelers, business professionals, medical visitors, \u0026 extended-stay guests alike. For experienced operators, this presents an opportunity to further optimize operations \u0026 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 \u0026 significant future upside.

About the Area
MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. This property is courtesy of United Realty Group Inc.
  • English
  • Spanish
  • Portugues
  • Russian
  • French
  • Italian
  • Germany
  • Mandarin