Completed Project · F&R Group Flagship
Casa Coquina
7701 Coquina Dr · North Bay Island · North Bay Village, FL
The story
From a frozen market to a finished home.
A gated island, minutes from everything.
Casa Coquina began as a raw lot on North Bay Island — the gated enclave at the center of North Bay Village, a Miami Beach zip code within minutes of Bal Harbour, the Design District, and Downtown. F&R acquired the site in 2023 as the firm's pilot project in South Florida: the deal that would prove the model of disciplined land acquisition, owner-led construction, and full-cycle execution.
Building through a moratorium.
Shortly into the project, a building moratorium froze new permit approvals across the area — the kind of regulatory standstill that stops most developments cold and turns land into dead capital. Instead of waiting it out, F&R worked the problem: studying the rules line by line, engaging directly with officials, and structuring a compliant path that earned the project its approvals while others idled.
That experience — turning a permitting deadlock into a solved problem — became foundational to how F&R underwrites every deal since: permitting risk is now studied as closely as price, on every site, before a dollar is committed.
Delivered as promised.
Constructed under F&R's direct management in CBS with a concrete roof and high-impact glass throughout, the finished residence delivers 4,410 square feet of light-filled living space: vaulted floor-to-ceiling glass opening to a private pool, a chef's kitchen with a waterfall island and custom cabinetry, a floating white-oak staircase, and a primary suite with a spa bath and oversized private balcony.
The residence
Specifications
- Address7701 Coquina Dr, North Bay Village
- CommunityNorth Bay Island (gated)
- Bedrooms5
- Bathrooms5 full + 1 half
- Living area4,410 SF
- Lot7,700 SF
- Stories2
- Garage2-car
- ConstructionCBS · concrete roof
- GlazingHigh-impact throughout
- PoolPrivate
- Year built2026 (new construction)
Now offered
Move-in ready.
$5,450,000Casa Coquina is fully finished and on the market. Tours and full listing details are available through the sales team.
View the listingListed by Christopher Wands & Sari Shapiro · Douglas Elliman · MLS A12047347
Casa Coquina is the template.
Every project in the F&R pipeline follows the playbook proven here: disciplined acquisition, owner-led construction, and execution through whatever the market puts in the way.
See the current pipeline