fbpx

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

How Condo Owners and Associations Should Navigate the Latest in the Building Safety Act Saga

“I believe that the next 24 to 36 months are going to be a very topsy-turvy period for condos, condos owners and buildings that are older than 20 years,” says Colliers’ Greg Main-Baillie.

Boutique Loft Building in Downtown Fort Lauderdale Secures $12 Million Refinancing With Berkadia’s Help

Fannie Mae granted a seven-year, fixed-rate loan with full-term interest only through its Near-Stabilization Program and Green Building Certification Program.

Yupix and Lofty Brickell Team Up to Provide Next-Level Meta-Reality Tours

Potential buyers can now get a taste of what it’s like to live in a luxurious waterfront condo that will be located in Miami’s bustling Financial District.

Construction of the Ritz-Carlton Residences in Pompano Beach Begins

Sales for the highly amenitized, dual-tower waterfront development have reached 85%.

Other Posts

Davie Begins Construction on Largest Multifamily Project in Town’s History

The District in Davie will feature an upscale 2.8 million-square-foot mixed-use rental residential apartment and commercial project.

The District in Davie
The Future of Faena District

Although it may not appear so given the slate of soaring high-rise towers changing the South Florida residential skyline, good things occasionally do come in smaller projects—at least in Miami’s thriving Faena District. Twenty-Nine Indian Creek, breaking ground this spring, promises only seven stories of sophisticated living. But what it lacks in height it more

It’s a Shore Thing on South Beach 

An iconic hotel becomes a residential tower, courtesy of Robert A.M. Stern Architects.

Shoreclub Private Collection
Transit-Oriented Multifamily Development Receives Approval in Hialeah 

The city of Hialeah recently approved building Metro Station, a 55-unit transit-oriented multifamily community at 2691 East 11th Ave. adjacent to the Metrorail and Tri-Rail Transfer Station. MG Developer’s Senior Vice President Diego Torrealba, and FC&E’s Chief Executive Officer Johnny Dao, acquired the 12,000-square-foot parcel of land in 2022, the first joint venture between these