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Alex Mendel

alex@mendelgroupfl.com +1(561) 827-8449

$ 2,400,000

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3700 Loquat Ave Miami, FL 33133

5 Beds

6 Baths

5,170 SqFt

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 5,170 sqft

Price per Sqft $464

Subdivision Douglas Circle

MLS Listing ID A11935556

Style One Story

Bedrooms 5

Full Baths 5

Half Baths 1

HOA Y/N No

Year Built 1955

Annual Tax Amount $24,813

Tax Year 2024

Lot Size 9,009 Sqft

Property Sub-Type Single Family Residence

Property Description

Villa Loquat is a rare opportunity to create a custom modern residence in the heart of Coconut Grove, one of Miami's most coveted neighborhoods. Prime location near top schools, parks, marinas, and the Grove's best dining and lifestyle amenities. The property includes fully developed and transferable architectural plans by Caymares Martin Architects, designed specifically for the lot based on zoning and feasibility.

The proposed two-story residence spans approximately 5,170 square feet (under AC) and is designed with 5 bedrooms, 6 full bathrooms, 1 powder bathroom, and an elevator servicing both levels. The layout emphasizes modern indoor-outdoor living with expansive open living and dining areas, a chef's kitchen with pantry, family room, and a private guest suite or office on the main level, all opening to covered outdoor terraces, a centrally located pool and a jacuzzi on the 2nd floor.

The property is currently tenant occupied, generating $7,500 per month in rental income, with a lease in place through May 19, 2026, offering holding income while plans continue to progress.

Architectural plans are fully developed but have not yet been approved by the city. Architects will begin working on MEP floorplans in January, and the developer will transfer all architectural materials available at the time of sale, providing a meaningful head start on a high-end Coconut Grove build.

Location

State FL

County Miami-dade

Community Douglas Circle

Area 41

Interior

Interior Features Bedroom on Main Level, French Door(s)/Atrium Door(s), First Floor Entry, Fireplace, High Ceilings, Stacked Bedrooms, Vaulted Ceiling(s)

Heating Central

Cooling Central Air, Ceiling Fan(s), Electric

Flooring Laminate, Tile

Fireplace Yes

Appliance Dryer, Dishwasher, Electric Water Heater, Disposal

Laundry Laundry Tub

Exterior

Exterior Feature Deck, Enclosed Porch, Fence, Security/High Impact Doors, Patio

Garage Spaces 1.0

Pool Above Ground, Pool

View Garden

Roof Type Composition

Street Surface Paved

Porch Deck, Patio, Porch, Screened

Garage Yes

Private Pool Yes

Building

Lot Description < 1/4 Acre

Faces North

Story 1

Sewer Septic Tank

Water Public

Architectural Style One Story

Structure Type Block

Schools

Elementary Schools Coconut Grove

Middle Schools Ponce De Leon

High Schools Coral Gables

Others

Pets Allowed No Pet Restrictions, Yes

Senior Community No

Restrictions No Restrictions

Tax ID 01-41-20-016-0300

Security Features Security System Owned

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Real Estate Owned

Pets Allowed No Pet Restrictions, Yes

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11935556

Miami Association of Realtors (SEFMIAMI MLS)

Listed by Compass Florida, LLC

Alex Mendel

Agent

+1(561) 827-8449

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3700 Loquat Ave Miami, FL 33133

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3700 Loquat Ave