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 \u0026 Breakfast. Rich in history \u0026 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, \u0026 dedicated water heater, providing guests w the comfort \u0026 privacy of a home-away-from-home experience. Successfully operating for more than 5 years, it has cultivated a loyal base of repeat travelers \u0026 consistent occupancy, generating $223K in gross revenue in 2025. The property’s welcoming atmosphere appeals to leisure travelers, business professionals, medical visitors, \u0026 extended-stay guests alike. For experienced operators, this presents an opportunity to further optimize operations \u0026 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 \u0026 significant future upside. |