36 Phoenetia Ave, Coral Gables, FL 33134 — MLS photo

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36 Phoenetia Ave, Coral Gables, FL 33134

Active · BusinessOpportunity

$2,500,000

36 Phoenetia Ave, Coral Gables, FL 33134

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
1926
Lot size
—
HOA fee
—
Annual tax
—

About this property

CASA CORAL | CORAL GABLES | VALUE-ADD BOUTIQUE HOSPITALITY INVESTMENT A rare opportunity to acquire an established six-suite boutique lodging property in Coral Gables, featuring an existing Bed & Breakfast approval, more than five years of operating history, and a loyal returning guest base. Ideal for boutique hospitality groups, experienced STR operators, owner operators and value-add investors seeking to unlock additional performance through professional management, dynamic pricing, ADR and occupancy optimization, digital marketing, social media and operating efficiencies to drive NOI growth and stronger investment returns. Casa Coral offers a distinctive Spanish-style Villa feel w 6 private guest suites, each featuring their own entrance, full bathroom, kitchenette, split unit A/C & tankless water heater - serving leisure, business, medical & extended-stay travelers looking for a home away from home experience. 36 Phoenetia generated $223K in gross revenue in 2025, it is an established hospitality platform with meaningful value-creation potential in the ever evolving City of Coral Gables. This is a compelling opportunity for an operator who knows how to unlock hospitality value. Qualified buyers invited to inquire for operating information and investment details.

Property location

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36 Phoenetia Ave, Coral Gables, FL 33134

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Facts & features

Interior

Bathrooms
0

Exterior & Structure

Property type
BusinessOpportunity
Year built
1926

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Miami-Dade
MLS listing ID
A11964008
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$4,893

Cap rate
3.3%
Net yield
3.3%
Cash-on-cash return
-8.4%
Gross yield
6.6%
Mortgage payment
$11,851/mo
Down payment
$625,000
Loan amount
$1,875,000
Annual NOI
$83,500

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.