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36 Phoenetia Ave Coral Gables, FL $ 2,500,000
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$ 2,500,000 Get more info
36 Phoenetia Ave
$ 2,500,000
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36 Phoenetia Ave

Coral Gables, FL, 33134
$ 2,500,000
Bedrooms6 Baths6.0 Sq 3,128

Monthly Estimate*

$ 15,785

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Multi-Family Home for sale in Coral Gables, FL

for $2,500,000 with 6 bedrooms and 6 full baths. This 3,128 square foot home was built in 1926.

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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Multi-Family Active

Price

$ 2,500,000

Bedrooms

6

Full Bath

6

Property Type

Multi-Family

Taxes

$ 31,921

Style

Year Built

1926

Town/City

Coral Gables

County/Region

Miami-Dade

MLS | Web ID

A12066705
Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Utilities Cable Available
Possession Closing & Funding Close Of Escrow
Roof Barrel Flat
Patio/Porch Features Balcony Open Patio Porch
Pool Features None
Construction Materials Block
Year Built 1926
Stories Count 2
Levels Two
Property Subtype Hotel/Motel
Tax Year 2025
Community Features Laundry Facilities
County Miami-Dade
Property Type Residential Income
Subdivision Name C GAB DOUGLAS SEC
Rent Includes Other
Full Baths 6
Status Active
City Coral Gables
Zoning Description 3801
Number Of Units Total 6
MLS Area 41
Lot Size Units Square Feet
Listing Terms Cash
Year Built Details Resale
Tax Annual Amount 31921
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12066705
Standard Status Active
Occupancy Type Call Agent
Property Sub Type Additional Hotel/Motel
Legal Description 8 54 41 C GABLES DOUGLAS SEC PB 25-69 LOT 4 & W23FT LOT 5 BLK 22 LOT SIZE 73.000 X 110
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Interior
Flooring Concrete Hardwood Wood
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
Total Bedrooms 6
Total Baths 0
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Exterior
Exterior Amenities Balcony Porch Patio
Lot Features < 1/4 Acre
Total Parking 0
Building Area Total 3292
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
United Realty Group Inc

Broker

ericperiudesign@gmail.com

Email

Affordability Calculator

$18,445
Per Month
86%
14%
0%
Monthly Principal & Interest
$15,785
Monthly Property Taxes
$2,660
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
8/6/2026 $2,500,000 Listed Price

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36 Phoenetia Ave, Coral Gables, FL, 33134 is a Multi-Family Home for sale at $2,500,000 with 3,128 sqft. 36 Phoenetia Ave has 6 bedrooms, 6.0 baths, and was built in 1926. The property's zip code is 33134 which is in Coral Gables, FL

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