The Fairchild Coconut Grove Sold Two Penthouse Residences for $8.5M

6/15/17

Only one penthouse unit remains at the boutique luxury waterfront condominium

The Fairchild Coconut Grove, a boutique luxury residential enclave set to rise as Coconut Grove’s only current waterfront condominium, proudly announced today that it has sold two penthouse residences, totaling $8.5 million.

The two penthouses, each featuring 13 foot ceilings, encompass more than 3,200 and 4,100 square feet of interior living space, respectively, offering expansive layouts of three and four-bedrooms.

With commanding panoramic views of Biscayne Bay, and unparalleled direct water frontage, the architecturally elegant residences boast private outdoor living areas, natural stone flooring, outdoor showers and chef-inspired kitchens complete with wet bars. With no detail spared, the penthouses will include private elevator access and full wraparound terraces.

“These sales mark yet another extraordinary milestone for The Fairchild Coconut Grove. With only one of our penthouses remaining, these residences offer buyers a truly sophisticated living experience with thoughtfully designed layouts and refined finishes that will go above and beyond expectations,” said Oscar Rodriquez, Principal of ROVR Development. “The demand for these units has been remarkable, which is a clear testament to our niche product.Prospective buyers are recognizing that this is a unique type of luxury development and we have been fortunate to be well-positioned and distinguished from a large slate of new offerings.”

Located in the quaint Glencoe neighborhood, the five-story boutique development is ushering in a new era for Coconut Grove. The Fairchild Coconut Grove’s residents will enjoy a secluded and waterfront residential lifestyle just minutes from the vibrancy of The Grove’s restaurant and retail scene, as well as Downtown Miami and Brickell Avenue.

Set directly on Biscayne Bay among lushly landscaped grounds, the Fairchild boasts 26 well-appointed and extremely private residences with a variety of bespoke amenities. Designed by award-winning local architect Max Strang of Strang Architecture with interiors by Architectural Digest ‘AD 100’ Designer, Rafael de Cárdenas, the unique development will embody the Grove’s character with a decidedly tropical modern ambiance.

The Fairchild Coconut Grove will feature an array of exceptional world-class resort amenities, including a holistic wellness spa with hammam, steam room and sauna; serene treatment rooms; rooftop pool deck with private cabanas and sun deck; outdoor movie theater; high-tech training gym; sunset roof deck with outdoor living room and serenity garden; as well as a bayside lounge complete with private built-in cove seating areas for waterfront entertainment.

Defining curated waterfront living, a multi-slip on-site marina with a limited number of boat slips will accommodate a variety of boating vessels from sailboats to powerboats to yachts. Additional waterfront amenities at the boutique development include a floating dock for relaxation or recreation – perfect for sunbathers, paddle-boarders, kayakers and windsurfers.

A full-service concierge, valet and security staff will also be on hand 24-hours for the convenience of residents and their guests, and residents will be treated to an abundance of resort-style white glove services.

The project is scheduled to break ground later this year with occupancy slated for 2018.Sales and marketing for The Fairchild Coconut Grove is exclusively handled by ONE Sotheby’s International Realty.

For additional information about The Fairchild Coconut Grove, please visit www.TheFairchildGrove.com or contact us for a private showing at 305-909-0483. The sales gallery is located at 3581 East Glencoe Street in Coconut Grove.

The Fairchild Coconut Grove

The Fairchild Coconut Grove is an exclusive residential enclave set to be the only luxury condominium development soon to rise on the waterfront in historic Coconut Grove. Developed by ROVR Development and situated in the quaint Glencoe neighborhood, the five-story, 26-residence bespoke property is bringing tropical modernism to the area. Designed with private resort-living in mind, The Fairchild Coconut Grove features prime bay views, lushly landscaped grounds and an array of amenities which will afford its residents true curated waterfront living. Priced from $1.6 million to $4.6 million, residences range from 2,098 to 3,200 square feet. For information on The Fairchild Coconut Grove, please visit www.TheFairchildGrove.com.

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