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The Kumquat Project is a remarkable development opportunity in Coconut Grove, one of Miami’s most coveted neighborhoods. This offering includes a prime 11, 593 sq. ft. lot paired with a complete set of fully approved architectural plans by Praxis Architecture for a world-class modern residence.
The design and approval process typically takes up to two years. This offering bypasses that entire process, representing an exceptional advantage that saves invaluable time while delivering a truly iconic vision.
The proposed residence spans 5, 882 sq. ft. of living space (7, 511 sq. ft. total), showcasing thoughtful design, seamless indoor-outdoor flow, and an elegant modern aesthetic.
First Floor: Features a dramatic double-height living room with natural light and expansive glass. A chef’s kitchen opens to a spacious family room. A formal dining room includes an integrated bar. This level also features a guest suite with en suite, a service/multi-use room with en suite, and a powder room.
Upstairs: Centers on the grand master suite with a spa-inspired bath and large walk-in closet. It is complemented by four additional bedrooms with en suites and a study/lounge overlooking the garden canopy.
Every space meticulously balances elegance, functionality, and connection to nature, capturing the timeless allure of the Grove lifestyle through modern architectural expression.
The Kumquat Project is more than a home—it’s an opportunity to build a statement residence without the wait.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$3,158,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $2,526,400 | $2,526,400 | $2,526,400 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.875% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.154% | 6.031% | 5.991% |
| Monthly Tax Payment | $2,579 | $2,579 | $2,579 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $14,345 | $14,945 | $20,979 |
| Total Monthly Payment | $17,049 | $17,649 | $23,683 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.