Published by Peter Zalewski
12/6/2023 
6:42:44 PM Project Description:
The Fairchild Coconut Grove is the combined work of renowned interior designer Rafael de Cardenas and local favorite architect Max Strang. Together, they have created a spectacular waterfront residential haven in the exclusive Coconut Grove neighborhood of Glencoe. Inspired by nature and the maritime history of Coconut Grove, The Fairchild celebrates indoor outdoor living with expansive breezeways, roof decks with unobstructed views of Biscayne Bay, lush tropical landscaping, and spectacular outdoor amenities including private docks, sunrise and sunset decks with swimming pools, an outdoor bay lounge, and more.
Mr. C is an intimate community of just 26 residences. Floor plans include 2-4 bedroom units ranging from 1,714 square feet to over 4,100 square feet.
The tropical natural landscape of Coconut Grove is honored at every turn in The Fairchild. Residences feature modern layouts and include natural stone floors and walls, lanais overlooking lush gardens, spa-inspired bathrooms, living areas designed to offer water views, and private outdoor showers. Residents at Mr. C are encouraged to enjoy the natural splendor of their home in all aspects of living.
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CraneSpotters Preconstruction Condo Project Overview |
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| Condo Description | Details |
| PROJECT NAME | The Fairchild Coconut Grove |
| ADDRESS | 3581 E. Glencoe Street Coconut Grove, FL 33133 |
| SUBMARKET | Coconut Grove |
| COUNTY | Miami-Dade |
| WATERFRONT PROJECT | Yes |
| TYPE OF WATERFRONT? | Bay |
| NUMBER OF TOWERS | 1 |
| TOTAL FLOORS (BY ELEVATOR) | 5 |
| TOTAL RESIDENTIAL UNITS | 26 |
| BED RANGE | 2 To 4 |
| RANGE OF SQUARE FEET | 1,714 TO 4,100 |
| UNIT TYPE – TOTAL UNITS – SQUARE FEET | 1 BED – XX – X,XXX SF |
| UNIT TYPE – TOTAL UNITS – SQUARE FEET | 2 BED – XX – X,XXX SF |
| UNIT TYPE – TOTAL UNITS – SQUARE FEET | 3 BED – XX – X,XXX SF |
| UNIT TYPE – TOTAL UNITS – SQUARE FEET | 4 BED – XX – X,XXX SF |
| MINIMUM PRICE PER UNIT | |
| MONTHLY MAINTENANCE FEE PER UNIT | |
| MONTHLY MAINTENANCE FEE PER SQUARE FOOT | $ 2.00 |
| PROPERTY AMENITIES | private Dock and Fitness Studio, Hamman, Roof top pool with full service, Sunset Deck, full-time personal concierge and butler |
| WATER VIEWS | Yes |
| PETS PERMITTED | Yes |
| MAXIMUM NUMBER OF PETS | |
| RENTAL TIMES PER YEAR | 1 |
| TOTAL ONSITE PARKING SPACES | |
| FIRST DEPOSIT % | |
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| UNIT FINANCING AVAILABLE | |
| RECOMMENDED LENDERS | |
| PROJECT STATUS | Complete |
| PRESALES UNDERWAY? | |
| RATIO OF PRESALES | |
| SCHEDULED CONSTRUCTION START | |
| SCHEDULED COMPLETION DATE | |
| YEAR COMPLETED | 2020 |
| DEVELOPER | Grove Bay Properties, LLC |
| COUNTRY OF DEVELOPER | United States |
| DEVELOPER FEE % | |
| ARCHITECT | Max Strang |
| ARCHITECTURAL FIRM | Strang Architecture |
| GENERAL CONTRACTOR | |
| DATE OF GROUNDBREAKING PARTY | |
| NOTICE OF COMMENCEMENT FILED | |
| DATE CRANE ERECTED | |
| DATE OF CONDO DECLARATION FILING | |
| DATE OF CONDO LAUNCH PARTY | |
| DATE OF TOPPING OFF | |
| DATE OF FIRST RECORDED TRANSACTION | |
| LEAD LENDER | |
| LEAD LOAN AMOUNT | |
| DATE OF LEAD LOAN | |
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| SECONDARY LOAN AMOUNT | |
| DATE OF SECONDARY LOAN | |
| CONDO PROJECT WEBSITE | |
| INHOUSE SALES BROKERAGE | |
| INHOUSE SALES REPRESENTATIVE | |
| INHOUSE SALES REP TELEPHONE | |
| INHOUSE SALES REP EMAIL ADDRESS | |
| INHOUSE SALES BROKERAGE ADDRESS | |
| BUYSIDE COMMISSION % | |
| PRICING SURVEY DATE | |
| MINIMUM PRICE PER DOOR | 2.65 Million |
| MINIMUM PRICE PER SQUARE FOOT | |
| SALES RATION | |
| COMMISSION % | |
| INCENTIVES | |
Condo Market Inventory Tracker
A Snapshot Of Tricounty South Florida Region Of Miami-Dade, Broward And Palm Beach
| Databases | Active Listings | Months Of Supply |
|---|---|---|
| Condos | 24,016 | 10.2 |
| Luxury Condos | 3,740 | 15.1 |
| Shortsales | 30 | 15.0 |
| REOs | 126 | 6.6 |
| Rentals | 21,476 | 3.9 |
Peter Zalewski is a licensed real estate broker and consultant focused on the South Florida condo market. Zalewski is a former special contributor to the Miami Herald and a former real estate columnist for The Real Deal magazine. Zalewski now hosts the Miami Real Estate Investing Podcast that is available in audio and video wherever you get your podcasts.
Confused about whether it is the appropriate time to buy or sell a condo in South Florida? The experts at CVR Realty are here to assist you in crafting a strategy during this uncertain time. Unlike many brokers offering services, our organization has been through the cycles and can assist you to capitalize on the situation.
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