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… Read More 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. Read Less
Courtesy of Eric E Periu, United Realty Group Inc 954-450-2000
Listing Snapshot
Days Online
201
Last Updated
Property Type
Business Opportunity
Square Ft.
3,292
Year Built
1926
MLS Number
A11964008
30 Days Snapshot Of 33134
$891k
+62%
(avg) sold price
7
-36%
homes sold
111
-28%
(avg) days on market
Snapshot
Area Map
Additional Details
Floors
Wood, Concrete
Property Access
Road frontage type: City Street
Building
Built in 1926, Construction materials: CBS, Toal building area: 3292
Cooling
Wall/Window Unit(s)
Expenses
Insurance: $9,148
Heating
Window/Wall
Parking
On Street
Property
Zoning: 3801
Roof
Barrel
Security Features
Fire Alarm
Sewer
Public Sewer
Taxes
Annual amount: $31,921
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