3700 Loquat Ave

Single Family Home

3700 Loquat Ave

$2,350,000

3700 Loquat Ave, Miami, FL, 33133

3700 Loquat Ave photo 1
1 / 25
1 / 25
LIST PRICE$2,350,000Price Reduced: -$50K
BEDROOMS4
BATHROOMS2
HOUSE sq ft1,464
LOT sq ft9,009

Take a closer look

HOA: request current costs · Last reported tax: $24,813/yr

Estimate monthly payment, including HOA and taxes

Monthly Payment

$15,738/mo

Principal & interest$12,495
Property taxfrom listing$2,068
Homeowners insuranceestimate$1,175

$470,000 down

Principal & interest is exact for these inputs. Tax and HOA come from the listing; rate, insurance are editable estimates. Not a loan offer.

Overview

Villa Loquat presents a rare opportunity to own a move-in-ready residence that offers immediate enjoyment, long-term flexibility, and exceptional redevelopment potential in the heart of Coconut Grove. The existing home is vacant, meticulously maintained, and features 4 bedrooms, 2 bathrooms, and a pool, making it ideal as a primary residence, a seasonal home, or an income-producing investment. Buyers also have the unique option to move in immediately while completing the permitting process for a future custom estate, eliminating the pressure of building right away. For those seeking to create a one-of-a-kind residence, the sale includes fully developed and transferable architectural plans by Caymares Martin Architects for an approximately 5,170-square-foot contemporary home designed specifically for the property. The proposed two-story residence features 5 bedrooms, 6 full bathrooms, 1 powder room, an elevator, expansive open living spaces, a chef's kitchen with pantry, a family room, a private guest suite or office, generous covered terraces, a resort-style pool, and a second-floor jacuzzi. These plans are for a future residence and will be transferred to the buyer, providing a significant head start on the design and permitting process. Perfectly positioned in one of Miami's most desirable neighborhoods, Villa Loquat is just minutes from Coconut Grove's renowned restaurants, boutiques, marinas, parks, and top-rated schools.

Property Details

$2,350,000Price Reduced: -$50K
Property Type
Residential
Subtype
Single Family Residence
Year Built
1955
Status
Active
MLS #
A12058333
Living Area
1,464 sq ft
$/Sq Ft (Living)
$1,605
Lot Size
9,009 sq ft
$/Sq Ft (Lot)
$261
Annual Taxes
$24,813
Days on Market
78

Notable Features

Scenic Views

Location Scores

Location

3700 Loquat Ave, Miami, FL, 33133