Pompano Beach, Fla. — April 10, 2017 — Sabbia Beach, the first ultra-luxury oceanfront residential development in Pompano Beach in almost a decade, is now over 75 percent sold with $20 million in sales, in the first quarter 2017. Fifty percent of the buyers are empty nesters/baby boomers, who are getting closer to retirement and selling their estates for the convenience of living the elegant “toes-in-the-sand” lifestyle that Sabbia Beach presents.
Sabbia Beach is 100 percent funded with construction financing provided by Ocean Bank, the largest independent state chartered commercial bank headquartered in Florida. Sabbia Beach is now under construction, and the concrete slab for the 8th floor was recently completed. Topping off is slated to take place in summer 2017. Sabbia Beach has an estimated completion date of one year from now.
“We are very pleased to have sold over 75 percent of our residences at Sabbia Beach,” said Danny Salvatore, a partner in Fernbrook Florida, LLLP, the developer of Sabbia Beach. “Many empty nesters/baby boomers are looking to enjoy a luxurious oceanfront lifestyle, and half of our buyers fit this description. Sabbia Beach offers a very unique opportunity in South Florida to own a new construction oceanfront luxury residence, with a private beach, in a sophisticated market.”
Sabbia Beach, a boutique-style development, is located directly on 200 linear feet of shoreline and features a 30,000-square-foot private beach — which is very unique in South Florida luxury developments. Located between Sabbia Beach’s pool deck and the public beach, the elegant, private beach embodies a quiet escape, with lounge chairs and umbrellas, plus beach and pool service. Sabbia Beach’s catering kitchen can also be used for private events on the beach.
Presenting only 68 residences, Sabbia Beach is designed by renowned Miami firm Arquitectonica. Interior design is by the prolific, award-winning designers at Interiors by Steven G. Each residence is luxuriously appointed with large living areas; floor-to-ceiling glass; spacious wraparound terraces featuring awe-inspiring ocean, city or Intracoastal views; and gourmet kitchens.
Sabbia Beach’s resort-style amenities include an exotic, oceanside ultra-contemporary heated pool; state-of-the-art fitness center that overlooks the Atlantic Ocean, spa with massage treatment rooms, his and hers steam rooms and saunas. The building features a yoga area, plus a 3,600-square-foot multi-purpose social room. Additional luxurious features include 24-hour valet parking, as well as Tesla charging stations.
Sabbia Beach is part of a renaissance in Pompano Beach, which is becoming a vibrant, sophisticated, multidimensional destination. Coming to life is a creative arts district and cultural center, upscale shops and restaurants, a $7 million soon-to-be renovated fishing pier, $16 million parking garage, planned Class A office space, boutique hotels, and more. Pompano Beach is quickly becoming a desired area for those who want to shop, play, work and live on the ocean.
Sabbia Beach offers two-, three- and four-bedroom residences priced from the $900,000s, and one remaining penthouse priced at $5.9 million.
For more information or to schedule a private preview, please call 954-781-9700 or visit www.SabbiaBeachCondos.com. The Sabbia Beach Sales Gallery is located at 723 North Ocean Blvd.
About Sabbia Beach
Sabbia Beach is the shared vision of prominent builders who collectively have more than 55 years of experience in creating unique, luxurious, waterfront residential communities across the Western Hemisphere. It is the first ultra-luxury “toes-in-the-sand” oceanfront residential development in Pompano Beach in almost a decade. Offering only 68 luxurious condominiums and extraordinary resort-style amenities, Sabbia Beach, featuring 19 floors, is situated less than a mile north of the Pompano Beach pier, close to high-end oceanfront outdoor shops, live entertainment and fine dining. Sabbia Beach is presented by developers Fernbrook Homes of Ontario, Canada and Grupo Fernandez of Venezuela. Sabbia Beach is now under construction; estimated completion is scheduled for approximately a year from now. Sabbia Beach is located at 730 N Ocean Blvd, Pompano Beach, FL 33062. For more information on Sabbia Beach or to schedule an appointment, please contact 954-781-9700 or visit www.SabbiaBeachCondos.com.