Sabal Development Sells Waterfront Estate in Miami Beach

A newly constructed waterfront estate at 770 S. Shore Dr. in Miami Beach recently sold for $5.15 million. Sabal Development, a luxury custom home builder, built the property and sold it to Chester and Grace Ng, represented by Dan Hechtkopf and Marci DeClaris of Douglas Elliman, a real estate company.

The home consists of two floors featuring 5,043-square-feet of living space with four bedrooms, four bathrooms and two powder rooms. The property includes 60 feet of water frontage on a 10,201-square-foot lot= with waterfront views with a large pool and sitting area. Its open floor plan allows for a seamless flow between the indoor and outdoor spaces, with a chef’s kitchen featuring an eat-in bar. The Normandy Isle property has 24-hour security, tennis courts, a golf course and a kids’ play area.  

“This waterfront estate is a work of art that blends the best aspects of work-life balance,” said Pascal Nicolai, founder and CEO of Sabal Development. “One of 17 breathtaking luxurious homes we have developed in South Florida, it is a true modern masterpiece.”

In addition to the estate sale at t 770 S. Shore Dr., Sabal Development has constructed and sold properties at 4131 S. Douglas Rd. in Coconut Grove for $5.4 million; 860 S. Shore Drive in Miami Beach for $5.9 million; and a contemporary waterfront estate at 135 Palm Ave. on Palm Island in Miami Beach. 

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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.