Miami, FL 33133

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 5 BR
Bathrooms:
Pets: Pets Allowed

Financials

Price:$2,400,000
Annual Taxes:$24,813
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of Compass Florida, LLC

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.

Description

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.

Amenities

  • BedroomOnMainLevel
  • Deck
  • Dishwasher
  • Disposal
  • Dryer
  • ElectricWaterHeater
  • EnclosedPorch
  • Fence
  • FIREPLACE
  • FirstFloorEntry
  • FrenchDoors
  • FrenchDoorsAtriumDoors
  • Garden
  • HighCeilings
  • LessThanQuarterAcre
  • Patio
  • SecurityHighImpactDoors
  • SecuritySystemOwned
  • StackedBedrooms
  • VaultedCeilings

Neighborhood

More listings:

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.