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Casa Coral LLC

$2,650,000

36 Phoenetia Ave, Coral Gables, FL 33134

Active
Last Updated: 02/12/2026

143,726

NOI

1926

Year Built

Details:
NOI:    $143,726
Year Built:    1926
Highlights:
  • Lot Features: City Location, In Residential Area
  • Gross Income: 223340
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall/Window Units
  • Flooring: Concrete, Wood
  • Construction Materials: CBS Construction
  • Parking Features: On Street
  • Security Features: Smoke Alarm
  • Insurance Expense: 9148
Description:

Rare Investment Opportunity, Welcome to Casa Coral, the only legal STR in Coral Gables with a conditional use permit for Bed & Breakfast. An exceptional opportunity to acquire a beautifully maintained Spanish-style Villa in the heart of prestigious Coral Gables. 36 Phoenetia is a charming & fully operational 6 unit boutique property that offers Investors, Owner Operators, STR Operators, or Hospitality Groups seeking a unique footprint in the Gables a rare combination of character, stability & upside potential. Operating successfully for the past 4 years, the property has built a strong reputation w consistent repeat travelers & steady bookings, delivering a reliable income stream w a loyal customer base. The property features 6 Private Guest Suites w individual split unit A/C systems, separate water heaters, private full bathrooms & kitchenettes. The authentic Spanish Architecture brings a classic Coral Gables charm & the Boutique hospitality experience has that quaint, cozy "home-away-from-home atmosphere ideal for leisure travelers, medical visitors, business travelers & extended stays. With its welcoming residential feel, prime location & consistent operating history, this property presents a compelling blend of lifestyle, warm ambiance, equity value gains & income-producing real estate. Call today to negotiate this one of a kind gem.

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