3701 Park Ave, Miami, FL 33133

LOVE & TREASURE HER, RE-INVENT, or RE-DEVELOP this outstanding acre estate. This one-of-a-kind classic property presents a 3 BR, 2.5 bath main home and a large 1/1 guest house connected to a 4-car barn". There are beautiful restorations and updates throughout with all the original architectural integrity from 1916 intact. Both homes have hardwood floors and timeless finishes. The main house is approached through a magnificent terraced outdoor living room. Framed with 13 historic pillars relocated from the former Royal Palm Hotel, this wonderful alfresco space leads up to a gracious foyer entry room. The Royal Palm Hotel was a large, elegant hotel that existed on the south bank of the Miami River and was substantially damaged in the 1926 hurricane. Sometime around 1930, the hotel was demolished due to disrepair and the columns were relocated to this property at 3701 Park Avenue in Coconut Grove. Step inside and discover beautiful moldings, volume ceilings, tasteful design and large single hung windows affording crisp, natural light throughout. A family room/office envelopes the width of the home across the east side and offers versatile living capabilities. A grand white and stainless chef's kitchen with glass paneled cabinets, polished stone counters and separate pantry, is open to a large informal dining area and creates the heart of the home. A large separate utility/laundry/mud room is conveniently located off the kitchen with exterior access. A handsome wood staircase leads upstairs. A generous master suite is private and has a classically finished white bath with subway tile, double sinks, separate tub and shower. Two more bedrooms share an attractive hallway bath. A covered outdoor porch presents upside potential for more living space. The separate guest house is ultra charming with independent driveway, a 28'x7' front screened entry porch and authentic French doors and windows, many with their original hand-blown glass panes. This "casita" has a formal living room, large kitchen with utility/ laundry area, a sunny family/Florida room with walls of windows, a spacious bedroom with walk-in closet, a generous-sized bath and a huge private outdoor patio and garden. Attached to the guest cottage is a 4-car garage and former barn from the early 1900s. This amazing space offers endless storage and is a collector and hobbyists dream. The land is naturally landscaped with majestic palms, blooming Poinciana and Mango trees, lots of lush foliage. This is a unique opportunity ito invest in a rare Coconut Grove parcel. Competitively priced at land value, this property is wonderful as it is, ready for further enhancement or suitable for a brand new, grand new project.