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About This Property
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.
Property Features
County
Miami-Dade County
Section
20
Area
5170
Subdivision
DOUGLAS CIRCLE
Interior
First Floor Entry, French Doors, Laundry Tub, Stacked Bedroom, Vaulted Ceiling(s), Volume Ceilings, Den/Library/Office, Family Room
Cooling
Ceiling Fan(s), Central Air, Electric
Bedrooms
5
Floors
Tile
Full Baths
5
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater
Heating
Central
Style
Attached, One Story
Garage Spaces
1
Construction/Exterior
CBS Construction
Patio / Deck Description
Deck, Patio, Screened Porch
Exterior
Has a Pool
1
Possession
Lot Size in Acres
Water
Municipal Water
Sewer
Septic Tank
Lot Size in Sq. Ft.
9009
Has Waterfront
No
Parking Description
Additional Spaces Available, Covered, Driveway
View
Garden
Has Garage
Yes
Roof/Attic
Composition Roll
Senior Community
No
Other Utilities
Property Type
Residential
Pets
Yes
Property SubType 2
Single Family Residence
Tax Year
2024
Year Built
1955
Tax Amount
$24813
APN
NA
Square Feet Source
NA
Map
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