Atlantic Luxury AdvisorsKeller Williams Realty Services

25 photos

3700 Loquat Ave

Miami, FL 33133

$2,350,000
4
2
1,464 sq ft
9,009 sq ft
1955
1 car
Single Family Residence
98
Active

Listing courtesy of Compass Florida, LLC. Contact: [email protected].

About this home

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.

Virtual tour
What it costs to own
Estimated monthly payment
$16,908/mo
Principal and interest
$11,883
Property tax
$3,558
Homeowners insurance
$1,467
HOA(not in the listing)
$0

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$42,691/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.

HOA
Not stated in the listing; ask us
FEMA flood zone
Lookup unavailable. Check the FEMA map
Hurricane evacuation zone
Lookup unavailable. Know your zone

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location
Location from the listing's MLS coordinatesMap data © OpenStreetMap contributors

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.