36 Phoenetia Ave, Coral Gables, FL 33134
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
Listed by: eric periu
Office: united realty group inc954-450-2000
MLS#:A12066705
Source:SEFMLS
Price summary
- Price:$2,500,000
- Price per sq. ft.:$759.42
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....
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Home facts
- Year built:1926
- Subdivision & Development:C GAB DOUGLAS SEC
- Listing ID #:A12066705
- Updated:September 29, 2026 at 10:07 AM
Rooms and interior
- Flooring:Concrete, Hardwood, Wood
- Living area:3,128 sq. ft.
Heating and cooling
- Cooling:Wall/Window Units
- Heating:Wall Furnace
Structure and exterior
- Roof:Barrel, Flat
- Year built:1926
- Building area:3,128 sq. ft.
- Construction Materials:Block
- Exterior Features:Balcony, Open, Patio, Porch
- Levels:2 Story
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,500,000
- Price per sq. ft.:$759.42
- Tax amount:$31,921 (2025)
Features and amenities
- Amenities:Balcony
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