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Property
Beds
5
Full Baths
5
1/2 Baths
1
Year Built
1955
Sq.Footage
5,170
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.
Features & Amenities
Interior
-
Other Interior Features
High Ceilings, Vaulted Ceiling(s), Master Downstairs
-
Total Bedrooms
5
-
Bathrooms
5
-
1/2 Bathrooms
1
-
Cooling YN
YES
-
Cooling
Central Air, Ceiling Fan(s), Electric
-
Fireplace YN
YES
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
Yes
Exterior
-
Garage
Yes
-
Garage spaces
1
-
Construction Materials
Block
-
Parking
Covered, Driveway
-
Patio and Porch Features
Deck, Patio, Porch, Screened
-
Pool
Yes
-
Pool Features
Above Ground
-
Waterfront YN
NO
-
View
Garden
Area & Lot
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
OneStory
Price
-
Sales Price
$2,400,000
-
Tax Amount
24813.0
-
Zoning
0100
-
Sq. Footage
5, 170
-
Price/SqFt
$464
HOA
-
Association
No
School District
-
Elementary School
Coconut Grove
-
Middle School
Ponce De Leon
-
High School
Coral Gables
Property Features
-
Stories
1
-
Senior Community YN
NO
-
Sewer
Septic Tank
-
Water Source
Public
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Location
County
Miami-Dade
Elementary School
Coconut Grove
Middle School
Ponce De Leon
High School
Coral Gables
Listing Courtesy of Sara Arroyo , Compass Florida, LLC
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Realtor
Jarrod Gaylis
Call Jarrod today to schedule a private showing.
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