Charming Bed & Breakfast for Sale in Coral Gables, FL

Category: Hospitality

Price:$2,650,000

Location: Coral Gables, FL

Year Built: 1926

Days on Market: 14

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.

Fully operational 6 unit B&B offering Investors, STR & Owner Operators or Hospitality Groups a rare combo of character, stability & upside potential.

Business Type: BedAndBreakfast

Tax Legal Description: 8 54 41 C GABLES DOUGLAS SEC PB 25-69 LOT 4 & W23FT LOT 5 BLK 22 LOT SIZE 73.000 X 110

Year Established: 4

Directions: Please use Maps to find the best route from your location.

Financial Data Source: Other,Owner

Parking Features: OnStreet

Insurance Expense: $9,148

Listing Code: 1152871066