Sabal Development Acquires Miami Property for Construction of Two Upscale Residences on Biscayne Bay

In the last two years, custom-built homes valued at over $146 million have been built and sold by Sabal Development and Sabal Luxury Builder.

Sabal Development, an award-winning builder and developer, recently closed on a home on Miami’s luxurious Belle Meade Island. The Miami-based company has plans to demolish the current structure and construct two luxury residences on the divided lot. The property spans 38,000 square feet and boasts stunning views of the Intracoastal Waterway, with immediate boat access to Biscayne Bay.

Viola Watson of Douglas Elliman represented the seller, while Juliet Silver of One Sotheby’s represented Sabal Development and its chief executive officer, Pascal Nicolai. The sale, which amounted to $4.6 million, was successfully closed on April 27.

“We are excited about the potential of these two properties because of their unique location directly on Biscayne Bay,” Nicolai says, Founder and CEO of Sabal Development. “Our plan is to provide two impressive, modern residences that fit in well in the highly sought-after Miami neighborhood.”

The two-story home located on Lot A will boast a spacious living area of 6,238 square feet. The house will offer five bedrooms and five bathrooms, featuring balcony views of the Intracoastal. It will also have a four-car garage, a jacuzzi, and a pool that overlooks a 107-foot seawall with a boat dock. Similarly, the residence situated on Lot B will also span two stories, boasting 6,067 square feet of living space, five bedrooms, and five bathrooms. It will come with a two-car garage, a balcony that overlooks a pool, and 93 feet of seawall with a boat dock. Both homes are meticulously planned and designed with state-of-the-art finishes and top-of-the-line appliances. They will feature modern, open-concept living spaces and outdoor entertainment areas with a built-in barbecue and wet bar.

Sabal Development is a custom home builder that strives to comprehend its clients’ distinct requirements and lifestyles. Sabal Luxury Builder, its construction company, works with engineers, architects, and designers from the beginning to the end of a project.

For more information, visit Sabalbuilder.com/ or email [email protected].

You May Also Like
Where the Billionaires Bought 

South Florida’s Defining Year in Luxury Real Estate.

Read More
Aerial view of a large, elegant white mansion with manicured gardens and palm trees, located on a beachfront with clear blue ocean and sky in the background. Neighboring luxurious homes line both sides. South Florida Business & Wealth
The Hamptons of South America?

Why Punta del Este May Be the Next Great Escape for American Buyers.

Read More
South Florida Real Estate Heats Up with Three Major Deals

From multifamily to office and redevelopment, this week’s top transactions across the tri-county market.

Read More
Mall Makeover

Fort Lauderdale’s Galleria Mall Gets New Life Under Retail Veteran Sandeep Mathrani

Read More
Other Posts
Excel Group Bets Big on Broward’s Growth Corridor

Private Equity Snaps Up Coconut Creek Hotel Portfolio for $21.17 Million

Read More
Big Four Firm Deepens South Florida Roots

PwC Expands Footprint in Palm Beach County Amid Wealth Migration Boom

Read More
Powering the Past and the Future

Florida Power and Light Turns 100.

Read More
The Real ROI: Boynton Beach’s New Housing Project

PulteGroup Tackles the Region’s Quiet Crisis: Housing the People Who Power the Economy

Read More