Rare Investment Opportunity, Only Legal STR in Coral Gables! Welcome to Casa Coral, the only legal STR in Coral Gables with a conditional use permit for Bed & Breakfast. This fully licensed 6-unit Spanish-style villa is just minutes from Miracle Mile, restaurants, lounges and shops. Turnkey 2-story property with 2 separate structures, operating 4+ years with strong repeat clientele. Main house has three 1-bed/1-bath suites; guesthouse has three open-plan suites plus laundry with new washer/dryer. All units feature en suite baths, mini-split AC, and kitchenettes. Enjoy generous outdoor space to create a lush guest oasis. Prime walkable neighborhood location. A true blend of historical charm and opportunity. Seller financing and incentives available! Call today
36 Phoenetia Ave, Coral Gables, FL, 33134
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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