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

September 18, 2026

The Tony Hotel South Beach Trades for $16.5 Million in Off-Market Sale

A longstanding Art Deco hotel in the heart of South Beach is entering its next chapter. The Tony Hotel South Beach has sold for $16.5 million in an off-market transaction, with its new owners planning a major renovation and continued operation of the Collins Avenue property.

September 17, 2026

Royale Pizza Napoletana Set To Bring Tokyo-Style Neapolitan Pizza To Miami Beach This October

Come Fall 2026, Miami Beach might soon be pilgrimage-worthy for diehard pizza enthusiasts with the opening of Royale Pizza Napoletana, the first Tokyo-style Neapolitan pizza restaurant in South Florida. It will also signal the stateside arrival of none other than iconoclastic Japanese pizzaiolo Chef Bun of the genre-defining Japanese Neapolitan pizza concept, Savoy.

Full Floor Sky Mansion At One Thousand Museum By Zaha Hadid Architects Sells For $21.9 Million

A 9,200-square-foot sky mansion inside One Thousand Museum by Zaha Hadid Architects just traded for $21.925 million. The residences occupies an entire floor at One Thousand Museum, one of the most ultra-luxury condo towers in Miami, complete with a helipad. The iconic exoskeleton tower, which overlooks Museum Park, was designed by the late starchitect Zaha Hadid.