36 Phoenetia Ave, Coral Gables FL 33134, CORAL GABLES, FL, 33134
Active189 days on marketListed Feb 11, 2026MLS #A11964008
About this property
The property at a glance
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.
0
Lot sq ft
1926
Year built
3801
Zoning
The numbers
Investment snapshot
5.4%
Cap rate
$143,726
Net operating income
$223,340
Gross income (yr)
Estimated payment (illustrative)
Estimated payment
$14,736/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Erwin to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
5,576
Population
$73,703
Median income
44
Median age
2
Avg household
$481,576
Median home value
$1,838/mo
Median rent
481
Households w/ kids
Consumer profile
Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.
Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.
The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.
Seeking peace and well-being through meditation, gratitude and spirituality.
These folks are conscious about what they eat. They're looking for ingredients that not only taste great, but also have great nutritional benefits.
These people are hunting discounts, contests, and promotions. The population loves a good sale, and they can't wait to share their bargain finds and winnings with friends and family.
Recent sales
What actually sold near 36 Phoenetia Ave
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$2,900
306 alcazar ave # 205, Coral Gables FL 33134
Sold Jun 16, 2026
$1,025,000
432 NW 12th Ave, Miami FL 33128
Sold Jun 18, 2026
$55
2100 Ponce De Leon Blvd # 600, Coral Gables FL 33134
Sold May 25, 2026
Your team
The pros in your corner
Your agent
Erwin Vazquez
REALTOR® · CENTURY 21 Edge
Tours, offers, and every question about 36 Phoenetia Ave — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 36 Phoenetia Ave.
See it in person
Schedule a tour
Live availability from Erwin's calendar — pick a time and it's booked.
Keep looking
Similar properties nearby
Listing courtesy of United Realty Group Inc · Eric Periu. MLS #A11964008.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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