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21070540
21070553

36 Phoenetia Ave, Coral Gables, FL 33134 For Sale

EP
FL 3071431
United Realty Group
Listed by United Realty Group
$2,650,000
566 days on market
Updated 42 days ago

Casa Coral LLC

Details
APN 03-41-08-009-1880
Property Type Business for Sale
Sub Type Business Only
Square Footage 3,292
Units 6
Cap Rate 6.00%
NOI $143,726
Class B
Year Built 1926
Buildings 2
Stories 2
Zoning 3801

One of a Kind Beautiful Spanish Style 6 unit B&B, a unique stay to accommodate travelers.

Marketing description

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.
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Listing Contacts

EP
FL 3071431
United Realty Group
Listed by United Realty Group

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$143,726.00
$11,977.17/mo

Valuation Metrics

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DSCR
5.42%
Cap Rate
5.42%
ROI

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Additional Information

Name
Eric Periu
License
3071431
Brokerage
United Realty Group
Brokerage Phone
7734257603
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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