36 Phoenetia Ave, Coral Gables, FL 33134
36 Phoenetia Ave, Coral Gables, FL 33134
36 Phoenetia Ave, Coral Gables, FL 33134
36 Phoenetia Ave, Coral Gables, FL 33134
36 Phoenetia Ave, Coral Gables, FL 33134
36 Phoenetia Ave, Coral Gables, FL 33134
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$ 2,500,000
Est. payment | /mo

3,128 SqFt


$ 2,500,000
Est. payment | /mo

3,128 SqFt

Key Details

Property Type Other Types

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 3,128 sqft

Price per Sqft $799

Subdivision C Gab Douglas Sec

MLS Listing ID A12066705

HOA Y/N No

Year Built 1926

Annual Tax Amount $31,921

Tax Year 2025

Property Sub-Type Hotel/Motel

Property 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.

Location

State FL

County Miami-dade

Community C Gab Douglas Sec

Area 41

Zoning 3801

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Concrete, Hardwood, Wood

Exterior

Exterior Feature Balcony, Porch, Patio

Pool None

Community Features Laundry Facilities

Utilities Available Cable Available

Roof Type Barrel,Flat

Porch Balcony, Open, Patio, Porch

Private Pool No

Building

Lot Description < 1/4 Acre

Story 2

Sewer Public Sewer

Level or Stories Two

Structure Type Block

Others

Tax ID 03-41-08-009-1880

Acceptable Financing Cash

Listing Terms Cash

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12066705

Miami Association of Realtors (SEFMIAMI MLS)
Listed by United Realty Group Inc
Dustin Wright

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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36 Phoenetia Ave