Sabal Development and Sabal Luxury Builder Reach Over $130 Million in Sales for 2021

With the housing market setting sales records record in 2021, Sabal Development and Sabal Luxury Builder were able to capitalize on the increased demand with a tremendous year in sales by surpassing the $130 million mark. By controlling the construction timeline and process from material sourcing to completion, Sabal Luxury Builder has become one of the primary companies for private luxury owners in South Florida.

Sabal Development is a custom-home builder catering to clients with unique needs and lifestyles. Sabal Luxury Builder works with engineers, architects and designers to complete each project from start to finish. Pascal Nicolai, the founder and CEO of Sabal Development, which develops projects and Sabal Luxury Builder, which constructs them, has over 30 years of experience with completed projects in Europe and the U.S. By controlling the construction timeline and process from material sourcing to completion, Sabal Luxury Builder has become one of the primary companies for private luxury owners in South Florida.

Record-breaking sales in 2021 included the $29.5 million sale of 135 Palm Avenue in Miami Beach for $29.5 million, a $6.45 million property in Pompano Beach at 2305 N. Riverside Drive, another in Hillsboro Beach at 1105 Hillsboro Mile for $13.5 million and two in Miami at 4131 S. Douglas Road for $5.4 million and 830 NE 92nd Street for $1.85 million. Rounding out the rest of 2021 home sales are custom homes built in Miami Beach at 770 S. Shore Drive for $5.15 million, 860 S. Shore Drive for $5.9 million, 2211 Meridian Avenue for $5.5 million and 2035 Meridian Avenue for $5.05 million. Pending sales under contract and set to close in 2022 include homes at 165 N. Hibiscus Drive in Miami Beach (listed at $15.5 million), 79 N. Hibiscus Drive in Miami Beach (listed at $17.5 million) and 1370 S. Venetian in Miami (listed at $21.9 million).

“We are thrilled to construct magnificent homes of this caliber and quality across South Florida,” Nicolai says. “When creating our projects, we understand a custom home is more than a structure—it’s a place where memories are made.”

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Drew Limsky

Drew Limsky



Drew Limsky joined Lifestyle Media Group in August 2020 as Editor-in-Chief of South Florida Business & Wealth. His first issue of SFBW, October 2020, heralded a reimagined structure, with new content categories and a slew of fresh visual themes. “As sort of a cross between Forbes and Robb Report, with a dash of GQ and Vogue,” Limsky says, “SFBW reflects South Florida’s increasingly sophisticated and dynamic business and cultural landscape.”

Limsky, an avid traveler, swimmer and film buff who holds a law degree and Ph.D. from New York University, likes to say, “I’m a doctor, but I can’t operate—except on your brand.” He wrote his dissertation on the nonfiction work of Joan Didion. Prior to that, Limsky received his B.A. in English, summa cum laude, from Emory University and earned his M.A. in literature at American University in connection with a Masters Scholar Award fellowship.

Limsky came to SFBW at the apex of a storied career in journalism and publishing that includes six previous lead editorial roles, including for some of the world’s best-known brands. He served as global editor-in-chief of Lexus magazine, founding editor-in-chief of custom lifestyle magazines for Cadillac and Holland America Line, and was the founding editor-in-chief of Modern Luxury Interiors South Florida. He also was the executive editor for B2B magazines for Acura and Honda Financial Services, and he served as travel editor for Conde Nast. Magazines under Limsky’s editorship have garnered more than 75 industry awards.

He has also written for many of the country’s top newspapers and magazines, including The New York Times, Washington Post, Los Angeles Times, Miami Herald, Boston Globe, USA Today, Worth, Robb Report, Afar, Time Out New York, National Geographic Traveler, Men’s Journal, Ritz-Carlton, Elite Traveler, Florida Design, Metropolis and Architectural Digest Mexico. His other clients have included Four Seasons, Acqualina Resort & Residences, Yahoo!, American Airlines, Wynn, Douglas Elliman and Corcoran. As an adjunct assistant professor, Limsky has taught journalism, film and creative writing at the City University of New York, Pace University, American University and other colleges.