Sabal Development Acquires Miami Property for Construction of Two Upscale Residences on Biscayne Bay - S. Florida Business & Wealth

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 info@sabalbuilder.com.

You May Also Like
Basis Industrial Names Anthony Scavo CEO, Nisha Patel COO

 Basis Industrial, a vertically integrated real estate owner and operator, today announced the expansion of its executive leadership team with Anthony Scavo assuming the role of CEO and managing partner,

Read More
A man wearing a dark blue suit and white shirt poses against a plain white background, looking directly at the camera with a neutral expression. South Florida Business & Wealth
South Florida’s Luxury Housing Market Continues Momentum

South Florida’s luxury housing market posted strong gains during the second quarter of 2026, with high-end home and condominium sales climbing sharply across the region, according to the latest Luxury

Read More
Smiling woman with wavy brown hair wearing a beige blazer, black top, and layered necklaces, posed against a plain light background. South Florida Business & Wealth
ANF Receives Several Build Florida Awards

ANF, a trusted full-service construction and development firm, was recognized with multiple Build Florida Award  by the South Florida Associated General Contractors (AGC), including a Best in State award for the Big Cypress Senior Center &

Read More
Six professionally dressed people stand together smiling at the 2026 AGC of Greater Florida Build Awards event, in front of a branded backdrop and under bright lights. One man holds a plaque or booklet. South Florida Business & Wealth
Sales Begin at 619 Brickell by Nobu, Foster + Partners

13th Floor Investments and Key International today announce the official launch of sales for 619 Brickell by Nobu · Foster + Partners, marking Nobu’s first-ever residential project in Miami. The

Read More
Luxury infinity pool and hot tub on a modern terrace overlooking the ocean, surrounded by lush plants and contemporary architecture, with a glass railing and a clear sky at sunset. South Florida Business & Wealth
Other Posts
Berkadia Arranges Construction Loan for Coral Gables Condo

Berkadia, a leader in the commercial real estate sector, announced today that it arranged $100 million in construction financing for Alhambra Parc, an eight-story luxury mixed-use condominium development with 74

Read More
Street view of a modern, multi-story luxury apartment building with palm trees, large entrance, decorative facade, and retail shops. People walk by, and two cars are parked on the street in front of the building. South Florida Business & Wealth
Developers Break Ground on New Condominium Near Aventura Mall

 Growin Group and Property Pro Partners broke ground on EDEN, a new luxury residential development, located at 2557 NE 180th Street — near Aventura Mall. Boutique Residences The development will feature 32 luxury residences

Read More
A modern multi-story building with large glass balconies, palm trees on both sides, cars parked in front, and purple flowers in the foreground under a clear blue sky. South Florida Business & Wealth
Transit-Oriented Living Arrives in Boca

Link at Boca breaks ground near the Tri-Rail station, adding 340 apartments, retail, and new density to one of Palm Beach County’s fastest-evolving corridors.

Read More
A group of people in business attire and hard hats stand in front of a construction site banner, holding shovels and posing for a groundbreaking ceremony on a sunny day. South Florida Business & Wealth
Related Ross Expands Its Palm Beach Waterfront Portfolio

Edgeworth follows strong sales at South Flagler House as West Palm Beach’s corporate growth drives demand for high-end housing.

Read More
Two modern high-rise buildings with curved balconies, viewed from below against a blue sky. Palm trees frame the scene, adding a tropical atmosphere. South Florida Business & Wealth