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.
36 Phoenetia Avenue, Coral Gables, FL 33134
- Price:
- $2,500,000.00
- Original List Price:
- $2,500,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $799.23
- 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
- Living Area:
- 3,128 Sqft
- Built-Up Area:
- 3,292 Sqft
- 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
- 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
- Tax Annual Amount:
- $31,921.00
- Tax Year:
- 2025
- Property Tax Details:
- Tax Reflects No Exemptions
- Sewer:
- Public Sewer
- Utilities Available:
- Cable Available
- Subdivision Name:
- C GAB DOUGLAS SEC
- Senior Community:
- No
- Documents Available:
- Financial Statement
- Listing Terms Considered by Seller:
- Cash
- Buyer Possession:
- Negotiable, Close Of Escrow
- 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
- Elementary School:
- Coral Gables Preparatory Academy
- High School:
- Coral Gables
- 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
- Courtesy of:
- United Realty Group Inc
- Attribution:
- Not provided
- 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

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Neighborhood Stats
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