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$ 2,490,000
Est. payment | /mo
4 Beds
2 Baths
1,464 SqFt
$ 2,490,000
Est. payment | /mo
4 Beds
2 Baths
1,464 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,464 sqft
Price per Sqft $1,700
MLS Listing ID 11912735
Bedrooms 4
Full Baths 2
Year Built 1955
Annual Tax Amount $24,813
Tax Year 2025
Lot Size 9,009 Sqft
Property Description
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.
Location
State FL
County 12086
Rooms
Dining Room 0
Kitchen 0
Interior
Fireplaces Number 1
Exterior
Parking Features Has
Garage Spaces 1.0
Pool Pool InGround
Building
Sewer Municipal
Water Municipal
Structure Type Masonry - Concrete Block
Others
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12058333
Nearby Locations
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Wally Kerr
Broker | License ID: 83230