Property 36 Phoenetia Avenue, Coral Gables, FL 33134 for sale with MLS# A12066705

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.

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36 Phoenetia Avenue, Coral Gables, FL 33134

Price
Price:
$2,500,000.00
Original List Price:
$2,500,000.00
List Price per Sq Ft (Calculated, Approx.):
$799.23
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential Income (Multifamily 2-4)
Description of Last Important Update:
New Listing
Last Major Update on:
August 6, 2026 4:00 am
Measures
Living Area:
3,128 Sqft
Built-Up Area:
3,292 Sqft
Property Features
Waterfront:
No
Exterior:
Balcony
Patio and Porch:
Patio, Porch, Porch - Open
Laundry:
Outside
Air Conditioning
Air Conditioning System:
Wall/window Unit(s)
Heating
Heating System:
Window/wall
Balcony Details:
Balcony - Open
Construction
Year Built:
1926
Roof:
Barrel, Flat
Number of Units Total:
1
Levels:
Two
Construction Materials:
Block
Flooring:
Wood, Concrete
Number of stories:
2
Number of Units in the Community or Building:
1
Flood Zone Code:
X
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$31,921.00
Tax Year:
2025
Property Tax Details:
Tax Reflects No Exemptions
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Available
Community
Subdivision Name:
C GAB DOUGLAS SEC
Senior Community:
No
Terms
Documents Available:
Financial Statement
Listing Terms Considered by Seller:
Cash
Buyer Possession:
Negotiable, Close Of Escrow
Zoning and Legal
Tax Legal Description:
8 54 41 C GABLES DOUGLAS SEC PB 25-69 LOT 4 & W23FT LOT 5 BLK 22 LOT SIZE 73.000 X 110
Real Estate Folio Number (Parcel Number):
0341080091880
Zoning:
3801
Public Schools Assigned
Elementary School:
Coral Gables Preparatory Academy
High School:
Coral Gables
Listing History
Active on the market since:
August 6, 2026
Listing Agreement executed on:
August 6, 2026
Listing Status Last Changed On:
August 6, 2026 4:00 am
Photos updated on:
August 6, 2026 8:45 pm
Last Modified:
August 6, 2026 9:29 pm
Additional Information
Courtesy of:
United Realty Group Inc
Attribution:
Not provided
Location
Street Name:
Phoenetia
Street Number:
36
City:
Coral Gables
State:
Florida
Zip Code:
33134
County:
Miami-Dade
Latitude:
N25° 45' 40.1''
Longitude:
W81° 44' 36.9''
Street Suffix:
Avenue
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $92,009
Median Home Value $660,200
Median Rent $1,818/mo
Median Age 46
Population 36,937

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 45 Good
☀️ O3 30 Good
🫁 PM2.5 45 Good
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