$2,650,000
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.