3700 Loquat AvenueMiami, FL 33133

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 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 the property currently features an existing 3 bedroom 2 bathroom residence with a pool which is 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