36 Phoenetia Ave, Coral Gables FL 33134

For sale Days on market 182

C GAB DOUGLAS SEC [ Income/MultiFamily ]

$2,650,000

$847/sq ft

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Overview

Year Built

1926

Sqft

3128

Property Type

Income/MultiFamily

Property Description

Rare Investment Opportunity, Welcome to Casa Coral, the only legal STR in Coral Gables with a conditional use permit for Bed & Breakfast. An exceptional opportunity to acquire a beautifully maintained Spanish-style Villa in the heart of prestigious Coral Gables. 36 Phoenetia is a charming & fully operational 6 unit boutique property that offers investors, owner operators, STR operators, or Hospitality groups seeking a unique footprint in the Gables a rare combination of character, stability & upside potential. Operating successfully for the past 4 years, the property has built a strong reputation w consistent repeat travelers & steady bookings, delivering a reliable income stream w a loyal customer base. The property features 6 Private Guest Suites w individual split unit A/C systems, separate water heaters, private full bathrooms & kitchenettes. The authentic Spanish Architecture brings a classic Coral Gables charm & the Boutique hospitality experience has that quaint, cozy "home-away-from-home atmosphere ideal for leisure travelers, medical visitors, business travelers & extended stays. With its welcoming residential feel, prime location & consistent operating history, this property presents a compelling blend of lifestyle, warm ambiance, equity value gains & income-producing real estate. Call today to negotiate this one of a kind gem.

Property Details

MLS#

A11857777

Total Floor in Bldg

Building

C GAB DOUGLAS SEC

Address

36 Phoenetia Ave

City

Coral Gables

State/county

Zip/Postal Code

33134

Area

C Gab Douglas Sec

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$28,548

Maint Fee

$--

Tax Year

2024

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