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Douglas Multifamily Home for Sale

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    $2,650,000

    • 3,128 Sq Ft

    36 Phoenetia Ave, Coral Gables, FL 33134

    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

    Eric Periu United Realty Group Inc

    36 Phoenetia Ave, Coral Gables, FL 33134

Why Live in Douglas

Douglas in Miami is a vibrant neighborhood known for its eclectic mix of small shops and cafes, including the popular Cuban coffeehouse Tinta Y Café. While local shopping is limited, residents often head to Southwest Eighth Street, known as Calle Ocho, or downtown Coral Gables for a wider array of dining and retail options. Calle Ocho is famous for its Cuban cuisine, with long-standing establishments like Versailles Restaurant and Original Uncle Toms Barbecue. The walkable Miracle Mile corridor in Coral Gables offers a variety of things to do, from bridal boutiques and theaters to diverse dining options, including upscale spots like La Pata Gorda and Motek. The area also features big box stores such as Target and Marshalls. Douglas features a mix of midrise and high-rise condo complexes, many with amenities like pools and tennis courts. The architecture ranges from Spanish Revival to Art Deco, contributing to the neighborhood's unique character. Single-family homes are less common, with many converted into duplexes to meet rental demand. Phillips Park and Salvadore Park are local favorites, offering playgrounds, tennis courts, and upcoming renovations to enhance recreational facilities. The historic Venetian Pool and nearby Lamar Louise Curry Park provide additional leisure options. For families, Coral Gables Preparatory Academy and Coral Gables Senior High are highly rated schools within walking distance. The neighborhood is well-connected, with Metrobus stops along Ponce de Leon Boulevard and the Douglas Road Metrorail station about 2 miles away. Miami International Airport is approximately 4 miles north. Community events like Carnaval on the Mile and Cultural Fridays on Calle Ocho add to the neighborhood's lively atmosphere.

Home Trends in Douglas, FL

Housing Trends

Median Sale Price
$490,000
Median Single Family Sale Price
$1,600,000
Median Townhouse Sale Price
$2,080,000
Median 2 Bedroom Sale Price
$549,000
Median 1 Bedroom Sale Price
$318,500
Average Price Per Sq Ft
$505
Number of Homes for Sale
30
Last 12 months Home Sales
54
Months of Supply
6.70
Median List Price
$535,000
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
-4%
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