$2,500,000Active

36 Phoenetia Avenue, Coral Gables, FL 33134

Coral Gables, FL 33134

3,128

Sq Ft

$799

$/Sq Ft

1926

Year Built

Listing Snapshot

List Price	$2,500,000
Price / Sq Ft	$799
Beds	0
Baths	0
Living Area	3,128 sqft

Year Built	1926
Property Tax	$31,921/yr
MLS #	1179209624
Status	Active

About This Home

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.