The Vista at Twenty Mile & Pineapple Corporation: What Happened
For several years, it has been difficult to talk about The Vista at Twenty Mile without also talking about Pineapple Corporation.
The Vista was introduced as a small gated community of just 44 homesites within Nocatee's Twenty Mile area. It was planned for larger custom homes surrounded by lakes and preserved land, with a distinctive architectural character unlike many of Nocatee's production-built neighborhoods.
Then construction stopped on a number of homes.
What followed was far more serious than an ordinary builder closing its doors. Homeowners were left with unfinished projects, construction liens and, in some cases, the need to find another contractor and spend additional money to finish homes they had already paid substantial sums toward.
In 2026, the criminal case against former Pineapple Corporation owner Spencer Calvert finally reached its conclusion.
This is the story of what happened, what the court ultimately decided and what buyers and sellers should understand about The Vista today.
What Happened in The Vista?
Between 2019 and 2023, Pineapple Corporation abandoned several custom-home projects in The Vista at Twenty Mile.
According to the Seventh Judicial Circuit State Attorney's Office, the affected properties were left at very different stages of construction. Some had roofs. Others had only foundations. Prosecutors said homeowners had provided deposits intended to pay subcontractors, but those subcontractors were not paid, resulting in liens being placed against homeowners' properties. SAO7
Ultimately, 15 victims who cooperated with the criminal investigation were associated with losses totaling $8,722,659.05, according to prosecutors. SAO7
For the families involved, the impact went well beyond a delayed construction schedule. Some had to resolve liens, hire replacement contractors and spend additional money simply to finish the homes they had already started building. SAO7
That history helps explain something buyers still notice when looking at The Vista today: although the neighborhood was originally planned for 44 homesites, its development has never followed the typical start-to-finish pattern of most Nocatee neighborhoods.
The Criminal Case
Spencer Calvert, the former owner of Pineapple Corporation, was arrested in 2024.
After an earlier proposed plea agreement fell apart in February 2026 following objections from victims, a new agreement was eventually reached.
On June 30, 2026, Calvert pleaded guilty to all 45 felony counts, including organized scheme to defraud, grand theft and multiple counts of misappropriation of construction funds. SAO7
The plea agreement required restitution of $8,722,659.05.
It also provided that proceeds recovered from remaining lots owned by Calvert or Pineapple Corporation would be directed toward restitution. Calvert agreed to default judgments in related civil cases so victims could pursue compensation through Florida's Homeowners' Construction Recovery Fund. SAO7
The Sentence
On July 29, 2026, Circuit Judge Christopher Ferebee sentenced Calvert to the maximum permitted under the negotiated agreement: Five years in prison, followed by 30 years of probation.
Calvert also paid $1 million toward restitution at sentencing, with the money to be distributed among victims based upon their percentage of the total loss. His probation may end early if restitution is paid in full. SAO7
For homeowners who had lived with the consequences of the failed projects for years, the sentencing provided an important legal resolution.
It does not undo what happened or guarantee that every homeowner will recover everything that was lost. But the question of criminal responsibility is no longer unresolved.
What Does This Mean for The Vista Today?
This is where we think it is important to separate the history of the builder from the neighborhood itself.
People live in The Vista today. Homes have been completed. Properties have resold. Other owners brought in contractors to finish homes after Pineapple Corporation was no longer able to do so.
At the same time, The Vista has not developed in the uniform way buyers might expect from a typical Nocatee neighborhood.
The original community plan contains 44 homesites. Looking at the neighborhood today, we can identify approximately 33 sites with visible homes, while other homesites appear undeveloped or remain in various stages of transition.
This explains why buyers looking at The Vista today may see an established neighborhood alongside areas that still do not look completely built out.
And that makes property-specific research particularly important here.
Buying a Home in The Vista Is Different
If we were helping a buyer consider a resale home in The Vista, we would want to understand more than bedrooms, bathrooms and square footage.
We would look closely at:
who originally contracted to build the home
who actually completed construction
year of completion and certificate of occupancy
permits and any subsequent contractor work
construction and renovation history
whether liens or title issues were ever associated with the property
architectural design and finish level
water, preserve or interior homesite
pool, outdoor living and landscaping
garage configuration
current HOA and CDD obligations
Two Vista homes that appear similar on paper can have very different histories.
That does not automatically make one better than another. It simply means this is a neighborhood where the story of the individual property matters.
What About the Remaining Homesites?
This is one area where we are deliberately not speculating.
Some of the original 44 homesites do not currently appear to contain completed homes. Court records also show that proceeds recovered from remaining Pineapple or Calvert-owned lots were to be applied toward restitution. SAO7
There have also been subsequent foreclosure proceedings involving Pineapple Corporation and properties associated with The Vista. Jax Daily Record Legal
What we do not yet have is a current public statement from PARC Group explaining how any remaining homesites will ultimately be marketed, what builders may participate or whether any architectural requirements will change.
Rather than guess, we are working directly with our Nocatee contacts to understand the current process for a buyer who wants to build in The Vista.
We will update this article when there is information we can confirm.
The Vista Is Moving Into a Different Chapter
For years, conversations about The Vista centered on unfinished construction and the Pineapple Corporation case.
That chapter has now reached an important legal conclusion.
The Vista itself remains a gated, established residential community within Twenty Mile, with completed custom homes, lakes, preserve surroundings and one of the more unusual development histories in Nocatee.
As its resale market continues to develop, we think buyers and sellers will increasingly need to evaluate these properties as individual homes rather than as products of one original builder.
And perhaps that is the most important distinction going forward.
The Pineapple Corporation story is part of The Vista's history. It does not have to define every home in its future.
Considering a home in The Vista at Twenty Mile?
We can help you research the individual property's construction history, current ownership records, comparable sales and how it fits within the broader Nocatee market.
