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$2,500,000
A12066705 MLS 33134 Zip Code C Gab Douglas Sec BLDG.
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 & Breakfast. Rich in history & 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, & dedicated water heater, providing guests w the comfort & privacy of a home-away-from-home experience. Successfully operating for more than 5 years, it has cultivated a loyal base of repeat travelers & consistent occupancy, generating $223K in gross revenue in 2025. The property’s welcoming atmosphere appeals to leisure travelers, business professionals, medical visitors, & extended-stay guests alike. For experienced operators, this presents an opportunity to further optimize operations & 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 & significant future upside.

36 Phoenetia Ave, Coral Gables

$799,000
2 Beds 3 Baths A12005992 MLS 33134 Zip Code Villa Adria BLDG.
Welcome to boutique luxury living in the heart of Coral Gables. Villa Adria, a thoughtfully designed residence offers an exceptional lifestyle just moments from the acclaimed restaurants, cafés, retail, and cultural energy of Miracle Mile. This intimate seven-unit building delivers a rare sense of privacy and exclusivity, with each residence designed to feel both refined and inviting. A spacious 1,497 SF, 2 bedroom, 2.5 bath unit with interior contemporary finishes, light-filled open layouts, and seamless indoor-outdoor living with private balconies. Hurricane-impact windows and doors, along with well-considered design details, provide both comfort and peace of mind. Residents enjoy access to a beautifully appointed rooftop garden and entertainment space, offering a serene setting to relax or gather—all within one of Coral Gables’ most desirable and walkable locations.

120 Salamanca Ave Unit #3B, Coral Gables