36 Phoenetia Ave, Coral Gables FL 33134

For Sale

$2,500,000

BTC: 38.62793572

ETH: 1,313.96375562

9 days

For Sale

0 room(s) •

3,128 sqft

Overview

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.

Location

Florida • Coral Gables • 33134 • For Sale

Details

Type:

Residential Income

Parking:

No Data

Year Built:

1926

Lot:

No Data

Heating:

Window/Wall

Price/sqft:

$799

Cooling:

Wall/Window Unit(s)

HOA:

No Data

Type:

Residential Income

Parking:

No Data

Year Built:

1926

Lot:

No Data

Heating:

Window/Wall

Price/sqft:

$799

Cooling:

Wall/Window Unit(s)

HOA:

No Data

Private inquiry

Talk to the advisor on this listing.

Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

Valuation

Our model vs. what's actually selling nearby.

Estimate

$1,497,000

$742K – $3.2M

Confidence Low

List vs. estimate

$1.0M above estimate

List $2,500,000 · +67.0%

Our model says this listing is priced above recent comparable activity. Room to negotiate.

Price per sq ft

$799

-19.2% vs. city median $989

Based on

59 MLS comparables

+ 30 public-records sales within 0.5 mi

Median actual sale: $655K

Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax

$31,921

2025

All facts and features

Flooring

• Concrete

• Wood

Heating

• Window/Wall

Cooling

• Wall/Window Unit(s)
Property

• Exterior Features: Balcony / Open Balcony

Other Property Information

• Parcel Number: 03-41-08-009-1880

• Zoning: 3801
Type and style

• Property Type: Residential Income

• Property Sub Type: Hotel/Motel
Other financial information

• Annual tax amount: $31,921
Source details

• MLS ID: A12066705

Other facts

• Construction Materials: Concrete Block Construction

• Lot Features: Less Than 1/4 Acre Lot

• Patio And Porch Features: Open Balcony / Open Porch / Patio

• Architectural Style: Detached

• Living Area: 3128

• Subdivision Name: C GAB DOUGLAS SEC

Private inquiry

Talk to the advisor on this listing.

Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: United Realty Group Inc

36 Phoenetia Ave, Coral Gables FL 33134

Overview

Location

Details

Valuation

Highlights

Interior details

Property details

Construction details

HOA and Financial Details

Other

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