$2,650,000 ($847.19 per sqft)

Est. Mortgage $12,881/mo *

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36 Phoenetia Ave, Coral Gables, FL, 33134

36 Phoenetia Ave, Coral Gables, FL, 33134

1926

3,128 sqft

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.


Status:

Active

Type:

Multi-family

Zoning:

3801

Subdivision:

C GAB DOUGLAS SEC

Heating:

Wall Furnace

Cooling:

Wall/Window Unit(s)

Est. Taxes:

$28,548

Construction

Block

Utilities

Cable Available

Lot Description:

< 1/4 Acre

Days on Market:

229

Pool:

None

MLS #:

A11857777


Community Info

School Info

Walk Score

Yelp


Listing courtesy of United Realty Group Inc 954-450-2000