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36 Phoenetia Ave 6 Unit Apartment Building $3,651,647 CAD ($608,608 CAD/Unit) 5.20% Cap Rate Coral Gables, FL 33134



Investment Highlights
- Beautiful Spanish Style Architecture, Located in Coral Gables, Unique Spaces for Vacation Rental, Volume Ceilings for spacious feel, Lots of nature.
Executive Summary
Rare Investment Opportunity, Only Legal STR in Coral Gables! Welcome to Casa Coral, the only legal STR in Coral Gables with a conditional use permit for Bed & Breakfast. This fully licensed 6-unit Spanish-style villa is just minutes from Miracle Mile, restaurants, lounges and shops. Turnkey 2-story property with 2 separate structures, operating 4+ years with strong repeat clientele. Main house has three 1-bed/1-bath suites; guesthouse has three open-plan suites plus laundry with new washer/dryer. All units feature en suite baths, mini-split AC, and kitchenettes. Enjoy generous outdoor space to create a lush guest oasis. Prime walkable neighborhood location. A true blend of historical charm and opportunity. Seller financing and incentives available!
Property Facts
Amenities
Unit Amenities
- Balcony
- Cable Ready
- Dishwasher
- Fireplace
- Microwave
- Ceiling Fans
- Crown Molding
- Eat-in Kitchen
- Kitchen
- Granite Countertops
- Hardwood Floors
- High Speed Internet Access
- Refrigerator
- Sprinkler System
- Stainless Steel Appliances
- Range
- Tub/Shower
- Wi-Fi
- Yard
- Grill
- Breakfast Nook
- Built-In Bookshelves
- Coffee System
- Family Room
- Garden
- Handrails
- Lawn
- Patio
- Porch
- Smoke Free
- Window Coverings
Site Amenities
- Gated
- Furnished Units Available
- Zen Garden
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 3 | - | - |
| 1+1 | 3 | - | - |
1 1
Exceptionally walkable
90/100
Somewhat drivable
30/100
Good public transit
60/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 03-4108-009-1880 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $2,365,644 CAD |
Property Taxes
Parcel Number
03-4108-009-1880
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,365,644 CAD
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36 Phoenetia Ave
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