Sabal Development and Sabal Luxury Builder, led by Pascal Nicolai, reported over $130 million in sales for 2021 amid a hot market for luxury single family homes and custom built homes. Sales in 2021 include a record-breaking sale at 135 Palm Avenue in Miami Beach for $29.5 million, a property in Pompano Beach at 2305 N. Riverside Drive for $6.45 million, another in Hillsboro Beach at 1105 Hillsboro Mile for $13.5 million, and two in Miami at 4131 S. Douglas Road $5.4 million and 830 NE 92nd Street for $1.85 million. Other sales in 2021 include 770 S. Shore Drive for which sold 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).

135 Palm Ave., Image via Jeff Miller, ONE Sotheby’s International Realty

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

Sabal Development’s founder, Pascal Nicolai, has over 30 years of home building experience with completed projects in Europe and the U.S. Nicolai uses his own construction company, Sabal Luxury Builder, to build his developments. Sabal Luxury Builder works with engineers, architects, and designers to design each project from start to finish while maintaining control the construction timeline and process from material sourcing to completion.

Images via Sabal Development and Jeff Miller, ONE Sotheby’s International Realty