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+20 photosLuxury home — 3700 Loquat Avenue · Douglas Circle · Miami
South Florida Luxury Living
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Open property magazine$2,350,000
3700 Loquat Avenue, Miami, FL 33133
Miami, FL, 33133
4 bd · 2 ba · 1,464 sqft
Listed by Compass Florida, LLC
3700 Loquat Avenue, Miami, FL 33133
Listed by Compass Florida, LLC
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Estimated monthly payment
$15,633/mo
Know your costs before you buy
Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.
Estimated monthly payment $15,633/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
Insurance and flood: Zone not provided · verify insurance quotes before buying.
About this home
Find similar homesVilla 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.
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
105 days on market
Longer time on market usually means the seller is more open to negotiating on price and terms.
Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.
Property Details
Your costs (est.)
≈ $15,633/mo
3700 Loquat Avenue, Miami, FL 33133 · Miami
Location
3700 Loquat Avenue, Miami, FL 33133
What buyers ask about this home
What are the estimated monthly carrying costs at 3700 Loquat Avenue, Miami, FL 33133?+
Property tax (after sale): $2,900/month est.; homeowners insurance: $539/month est.; HOA: $0/month. Fixed ownership costs before a mortgage: $3,439/month est. Principal and interest: $12,194/month; PMI: $0/month. Total for the payment scenario shown: $15,633/month est. Flood insurance is not included. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 3700 Loquat Avenue, Miami, FL 33133?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 3700 Loquat Avenue, Miami, FL 33133 need flood insurance, and what drives the premium?+
Most of Miami sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should an inspection focus on for a home like 3700 Loquat Avenue, Miami, FL 33133?+
In coastal South Florida, prioritize roof age and permit history, whether windows and doors are impact-rated, the seawall and dock condition on waterfront lots, drainage and elevation, plumbing type (cast iron and polybutylene are common in homes of this era), and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
What extra costs come with the pool at 3700 Loquat Avenue, Miami, FL 33133?+
A pool typically adds ongoing service, chemicals and electricity, plus periodic resurfacing and equipment replacement. Verify the safety barrier meets Florida code, which is required for insurance and resale.
Is there room to negotiate on 3700 Loquat Avenue, Miami, FL 33133?+
This listing has been on the market 105 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Miami. Distinct neighborhoods, local dining and shopping, with downtown, Brickell and MiamiCentral as everyday destinations.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Coconut Grove Elementary School
Elementary · 0.8 mi from this home · 3351 Matilda St, Coconut Grove
Ponce De Leon Middle School
Middle school · 1.3 mi from this home · 5801 Augusto St, Coral Gables
Coral Gables Senior High School
High school · 0.9 mi from this home · 450 Bird Rd, Coral Gables
Zone boundaries published by Miami-Dade County Public Schools.
Other options for this address
ST. Stephen'S Episcopal Day School
Elementary · Private · Catholic · Grades PK–5 · Coconut Grove
Somerset Academy Charter Middle School (South Miami Campus)
Middle school · Charter · Grades 6–8 · South Miami
Carrollton School-Sacred Heart
Pre-K & Kindergarten · Private · Catholic · Grades PK–12 · Miami
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
The home, in a magazine
A closer look at this home and its lifestyle — dedicated to you and your family.
Open the magazine
Simon Gedz
Realtor® since 1995
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