Sabal Development, specializing in building and developing luxury custom homes, announced today the purchase of a 55,000 sq. ft. oceanfront development site at 3050 S. Ocean Blvd. in Manalapan, Florida. Sabal Development purchased the lot for $9.85 million on June 16, 2021.
The property was previously owned by Kenneth Bodlieb and his wife, Andrea Caputo Brodlieb. Christopher Leavitt with Douglas Elliman represented the sellers, and Sabal Development used Gilles Dalco of Bonaparte Real Estate, LLC to secure the deal.
Sabal Development is planning on building a 6-bedroom, 7-bathroom, two-story single-family home on the lot. The spacious first floor will contain a movie theater, gym, and lounge, while the second floor of the home will feature the majority of the bedrooms, a spacious terrace, and rooftop access. In addition, the home will feature a 2,251 sq. ft. garage, an elevator, and a beach house with a dock. The property will feature architecture and interior finishes by TOGU DESIGN of Miami.
“This future awe-inspiring custom home will be one of 15 we have built and developed in the South Florida area,” said Pascal Nicolai, founder and CEO of Sabal Development. “We are pleased to bring this one-of-a-kind modern design to Palm Beach County and achieve a record-breaking sale. In creating our homes, we offer architecturally significant designs, celebrated for their craftsmanship and effortless modern elegance.” he adds.
Sabal Development’s recent sales include a spectacular waterfront estate at 2305 N. Riverside Drive in Pompano Beach’s Hillsboro Shores neighborhood which sold on May 20 for $6.45 million. The firm also recently sold a beautiful home situated at 860 S. Shore Drive in Miami Beach on May 21 for $5.9 million.
About Sabal Development: Specializing in luxury custom homes, Sabal Development creates astonishing residences that introduce a new level of splendor and innovation to South Florida. Sabal brings together a comprehensive team of international architects and designers for each project to realize its singular vision. The firm works with an integrated construction company, Sabal Construction, to ensure each project is completed in a timely manner and meets the highest standards. Its projects always reflect the latest advances in technology and sustainability by featuring smart home technologies and responsibly sourced materials. For more information, visit https://sabaldev.com/, call (786) 870-4406, or email email@example.com.