SCAROFA Properties Breaks Ground On Luxury Residential Townhome Community In Pinecrest

SCAROFA Properties, a third-generation family business, has begun construction on Pine Park Villas, a luxury townhome enclave in the Village of Pinecrest featuring a limited collection of 18 residences. The private community is the unique vision of Stephane Rosarion, principal of Miami-based SCAROFA Properties, which is developing the $32 million project.

“We look forward to the completion of our first new luxury residential project in the Village of Pinecrest. Pine Park Villas represents the tranquility and exquisiteness of Pinecrest while at the same time setting a new standard for luxury townhome living,” said Stephane Rosarion of SCAROFA Properties. “When completed, Pine Park Villas will provide a sophisticated lifestyle that the most discerning residents will appreciate, including a private and enclosed community with direct access to renowned shopping districts like The Falls, and Dadeland Mall, as well as some of Miami’s best restaurants and entertainment venues.”

“This project is an excellent addition to our community which continues to be one of Florida’s most sought-after neighborhoods due to our top-rated schools, amenities, shopping venues and public parks,” said Joseph Corradino, Mayor of the Village of Pinecrest. “Like few other places, our city has been able to evolve while maintaining our character and enhancing our quality of life.”

The property encompasses more than two acres and will be marked by coastal contemporary architecture by MAS+ (Miami Architectural Studio). Slated for completion in 2023, Pine Park Villas, located at 7520 Southwest 100th St., is already proving to be a draw for well-heeled homebuyers who are singling out the property for its unparalleled location and sophisticated floor plans.

Berkshire Hathaway HomeServices (BHHS) EWM Realty, one of the nation’s leading luxury residential real estate companies, is the exclusive marketing and sales brokerage for Pine Park Villas. BHHS EWM top-producing team The Levy Group, oversees sales, with Adam Levy and Alexander Isaia leading the charge.

“Pine Park Villas is a rarity for the area, which has a limited collection of suburban multifamily residences,” said Patrick O’Connell, Senior Vice President of Business Development at Berkshire Hathaway HomeServices EWM Realty. “This will be the ultimate retreat for astute buyers looking to capture the best of both worlds.”

“The $10.4 million loan to SCAROFA Properties to build luxury townhomes in Pinecrest exemplifies what Ocean Bank is all about. We are a relationship driven bank and want to be part of our client’s story and journey to success,” said Ryan Welsh, vice president and manager of the Fort Lauderdale branch of Ocean Bank.

Starting at $1.67 million, all residences average over 3,500 square feet in size and will have four bedrooms, three baths, and two powder rooms, making them ideal alternatives to single-family homes. Comprising three stories with private elevators, each unit will be delivered turnkey, with buyers having the option to choose between three unique floor plans. Additional highlights include two-car garages, multi-level living spaces, ample bedrooms with walk-in closets, kitchens with Wolf and Sub-Zero appliances and designer, Italian cabinetry by Mia Cucina, and private rear yards. Pine Park Villas is conveniently located with access to downtown Miami, Coral Gables and Miami International Airport.

The general contractor for Pine Park Villas is JAXI Builders, Inc.; the architect is MAS+ (Miami Architectural Studio); interior design is by Michael Garcia-Carrillo from GC3 Group; and Ken Gardner from GSLA Design is the landscape architect. Ryan Welsh arranged construction financing for Pine Park Villas; Ocean Bank originated a $10.4 million loan. Roberto F. Fleitas III from Fleitas PLLC provided legal counsel.

ROVR Development Closes $27 Million Construction Loan For The Fairchild Coconut Grove

ROVR Development is pleased to announce it has closed on a $27 million loan for The Fairchild Coconut Grove, the new luxury waterfront condo development rising directly on Biscayne Bay in Coconut Grove. Ocean Bank provided the financing for the project which broke ground in April 2018 with an event with distinguished guests that included Mayor Francis Suarez and Commissioner Ken Russell. Construction at the project is on schedule for completion in Fall 2019. 

“The closing of this construction loan from Ocean Bank is a significant milestone for us and an important step towards bringing our project to fruition,” said Oscar Rodriguez, Principal of ROVR Development. “Since breaking ground in April, construction at The Fairchild Coconut Grove has been advancing on schedule.”

“Ocean Bank has a strong history of supporting South Florida development,” said Ralph Gonzalez-Jacobo, Executive Vice President and Head of Lending, Retail Banking and Branch Administration at Ocean Bank. “We have an excellent relationship with the developers and are pleased to provide financing for this exceptional project.”

The Fairchild Coconut Grove was designed by local architect Max Strang in collaboration with interior designer Rafael de Cárdenas. The project features 26 exclusive two to four bedroom residences ranging in size from 1,714 to 4,114 square feet with pricing starting around $1.4 million and ranging up to $4.5 million. Residences are expansive and feature natural stone floors; lanais with views of Biscayne Bay and verdant neighborhood landscapes; gourmet chef-inspired kitchens; spa-inspired bathrooms; spacious living areas and private outdoor showers in select units. All homes will be pre-wired with Smart technology and Crestron packages.

Amenities are designed by Rafael de Cardenas and include a holistic wellness spa with Hammam, steam room and sauna; high-tech training gym; rooftop pool with private cabanas; and exceptional lobby with full-time concierge, 24-hour security and valet. Lush landscaping complete with serenity gardens, bay walk and jungle rainforest path offer consummate outdoor experiences that include a bayside lounge; sunset deck; outdoor cinema; full-time porter; private on-site dog park; private boat slips; resident bicycles; a floating dock with resident paddleboards; and kayak storage.

One Sotheby’s International Realty is handling the exclusive sales and marketing for the property.

Check out photos of The Fairchild Coconut Grove Sales Gallery. 

Check out our PROFILE Exclusive Interview with developer Oscar Rodriguez of ROVR Development.