$2,650,000296 days on marketActive

36 Phoenetia Avenue, Coral Gables, FL 33134

Coral Gables, FL 33134

3,128

Sq Ft

$847

$/Sq Ft

1926

Year Built

Listing Snapshot

List Price	$2,650,000
Price / Sq Ft	$847
Beds	0
Baths	0
Living Area	3,128 sqft

Year Built	1926
Property Tax	$28,548/yr
MLS #	1138770746
Status	Active
Days on Market	296

About This Home

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.