Sabal Development lead by Pascal Nicolai specializing in building and developing luxury custom homes, has closed on its newly developed contemporary waterfront estate at 135 Palm Ave. on exclusive Palm Island in Miami Beach, for $29.5 million.
Jeffrey Miller of One Sotheby’s International Realty and Mathieu Rochette of Compass Florida, LLC represented the seller Sabal Development spec home developer Pascal Nicolai; Liz Hogan with Compass Florida represented the California-based buyer.
Pascal Nicolai uses its own construction company, Sabal Luxury Builder, to ensure each project is completed in a timely manner and meets the highest standards from beginning to end. By controlling the construction timeline and process from material sourcing to completion, Sabal Luxury Builder has quickly become the preferred construction company for private luxury owners in South Florida.
The stunning 11,056-square-foot bright and airy home features eight bedrooms, eight full bathrooms, and three powder rooms across two floors of open space. It is situated on a sprawling 30,056-square-foot lot, overlooking the waters of Biscayne Bay.
Impeccably furnished by world-renowned furniture designer Roche Bobois and with interior design by TOGU Design, the estate seamlessly integrates indoor and outdoor living and entertaining. Floor-to-ceiling windows throughout the home allow magnificent natural light to pour in.
The spacious first floor features open chef and prep kitchens, formal and informal dining rooms, a movie theater, and guest suite.
The estate’s impressive custom glass staircase or elevator brings guests to the second floor, which features the open-flow principal suite, offering sweeping water views, custom walk-in closets, and a midnight bar. The principal bathroom beckons with dual vanities and showers, plus a floating tub.
Ideal for entertaining, the secluded back yard is home to an infinity edge marble pool and Jacuzzi, summer kitchen, and cabana with sauna, all overlooking 100 feet of beautiful water frontage.
In addition, the home features a rooftop lounge, detached guest house, and detached 6-car garage. It is a Savant smart home.
“We are pleased to bring this new construction, modern design to Palm Island, and achieve a record-breaking sale,” said Pascal Nicolai, founder and CEO of Sabal Development. “In creating our homes, we offer architecturally significant designs, celebrated for their craftsmanship and effortless modern elegance,” he adds.
Over the past seven years, Pascal Nicolai has created astonishing residences that introduce a new level of splendor and innovation to South Florida. Pascal brings together a comprehensive team of international architects and designers for each project to realize its singular vision. Its architecturally significant designs are celebrated for their craftsmanship and effortless modern elegance.
Sabal Development’s additional recent sales include the spectacular waterfront estate at 2305 N. Riverside Drive in Pompano Beach’s Hillsboro Shores neighborhood which sold on May 20 for $6.45 million. Sabal Development had a record-breaking sale back in May with a beautiful home situated at 1105 Hillsboro in Hillsboro Beach for $13.5 million.
In 2021, Sabal Development and Sabal Luxury Builder built and sold and delivered more than $60 million in luxury custom single-family homes throughout South Florida and currently have more than $30 million luxury homes under contract which will bring the total to more than $90 million luxury homes sold by the end of 2021.
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 Luxury Builder, 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 firstname.lastname@example.org.