Sabal Development Sells Contemporary Coconut Grove Estate For $22.5 Million
Sabal Development, the Miami-based luxury residential developer, has sold a custom contemporary estate at 4040 Kiaora St. in Miami’s historic Coconut Grove neighborhood for $22.5 million. The residence was designed and built by the firm’s construction arm, Sabal Luxury Builder. Lourdes Alatriste served as the listing agent for the sale.
Sabal Development, the Miami-based luxury residential developer, has sold a custom contemporary estate at 4040 Kiaora St. in Miami’s historic Coconut Grove neighborhood for $22.5 million. The residence was designed and built by the firm’s construction arm, Sabal Luxury Builder. Lourdes Alatriste served as the listing agent for the sale.
The masterfully crafted residence features six bedrooms and eight bathrooms across 8,833 square feet of livable space, totaling 9,503 square feet under roof. Designed to offer a profound sense of spaciousness and elegance, the home is defined by its soaring ceilings and light-filled interiors that effortlessly establish a luxury lifestyle experience.
“Our vision for 4040 Kiaora Street was to create a modern sanctuary that balances high-end architectural design with the natural beauty of the Coconut Grove canopy,” said Pascal Nicolai, founder and CEO of Sabal Development and Sabal Luxury Builder. “Because we develop, design, and build under one roof, every decision — from the structural envelope to the last interior finish — was made by the same team, with the same standard. The result is a complete lifestyle experience, combining expansive entertainment spaces with private wellness amenities.”
The interiors were conceived by Vitaliya Alkhovik, founder of Interiors.Vita and Executive Director of Interior Design for the Sabal organization, who led the interior architecture, finishes, and furnishing of the estate. Her design layers warm natural materials, custom millwork, and gallery-scale volumes to bring the Grove’s tropical light into every room.
“The house sits inside a mature canopy, so the interiors had to feel like a continuation of the landscape rather than a contrast to it,” said Alkhovik. “We worked with organic textures, soft mineral palettes, and generous proportions so the architecture, the greenery, and the daily life of the home read as one continuous experience.”
The heart of the estate is its seamless transition from the indoor living areas to an expansive outdoor oasis, making it a premier destination for upscale entertaining. The resort-style exterior is anchored by a tropical heated pool and spa, framed by a backdrop of mature, lush greenery. For outdoor dining and hosting, the property features both a covered summer kitchen and a dedicated outdoor kitchen cabana.
Inside, the home delivers an array of premium, lifestyle-driven amenities that cater to modern luxury demands. Health and wellness are prioritized with a private, fully equipped home gym, while indoor leisure is elevated by a custom-designed movie theater. The property also features a detached private guest house, providing versatile, high-end accommodations for visitors.
Founded in 2009 by Pascal Nicolai, Sabal Development is a Miami-based firm specializing in ground-up luxury residential development across Miami-Dade, Broward, and Palm Beach counties. It operates in full vertical integration with its construction arm, Sabal Luxury Builder, delivering bespoke, ultra-luxury residences from land acquisition through design, construction, and final furnishing. Known for exceptional quality and principal-led oversight of every project, the Sabal organization builds from Miami and Coconut Grove to Fort Lauderdale, Boca Raton, and Palm Beach.
Past PROFILEmiami articles about luxury homes and spec homes:
Waterfront Estate on Hibiscus Island Sells For $51.5 Million Setting New Record on Miami Beach's Palm and Hibiscus Island
A waterfront estate at 270 S. Hibiscus Drive has sold for $51.5 million, setting new records for both sale price and price per square foot on Miami Beach's guard-gated Hibiscus and Palm Islands. The transaction surpassed the previous record sale of approximately $40 million, despite that property encompassing a larger residence on a larger lot.
A waterfront estate at 270 S. Hibiscus Drive has sold for $51.5 million, setting new records for both sale price and price per square foot on Miami Beach's guard-gated Hibiscus and Palm Islands. The transaction surpassed the previous record sale of approximately $40 million, despite that property encompassing a larger residence on a larger lot. The home uniquely features include a full-size Ferrari Testarossa replica suspended in the main living area as a sculptural centerpiece.
Dora Puig of Luxe Living Realty represented the buyer in the transaction. Jordan Karp of Jordan Karp LLC represented the seller.
"This sale reflects where Miami Beach's luxury market is today," said Smykalov. "Buyers continue to recognize the value of exceptional design, craftsmanship and waterfront locations. Properties of this caliber rarely become available, and demand remains strong when they do."
The property, which was recently completed, is coming to market for the first time since the seller acquired it as an unfinished shell in 2021. Rather than simply complete the original plans, the residence was reimagined through a joint venture led by Luis Bosch, founder of Luis Bosch Luxury Homes, who oversaw the home's redesign and construction, and managed by Denis Smykalov of Wolsen Real Estate.
The estate combines two waterfront lots totaling approximately 21,000 square feet, with 120 feet of water frontage, and offers more than 10,000 square feet of living space. The residence includes five bedrooms, a maid's quarters, six full bathrooms, two half bathrooms, a private office and a fitness center. Additionally, it is one of the few homes in Miami Beach that features two private docks. The docks are capable of accommodating a yacht measuring up to approximately 105 feet.
One of the home's defining features is a fully soundproof private nightclub with its own private entrance, allowing it to function independently from the main residence. Designed for entertaining, the space includes professional nightclub lighting, laser effects, disco balls and a dedicated air conditioning system. An oversized pool cabana bathroom with two toilets was also designed to accommodate large gatherings.
Originally designed by a local architect, the residence was later reimagined by SAOTA, the internationally acclaimed South African architecture firm formerly known as Stefan Antoni Olmesdahl Truen Architects, with interiors by fellow South African design firm ARRCC and landscape architecture by renowned landscape architect Raymond Jungles.
Bosch, who has spent more than 20 years building luxury waterfront residences throughout Miami Beach, assembled a team of architects, designers and craftsmen to execute the project.
"Our goal was to create a home that would stand the test of time," said Bosch. "Every finish, every material and every design decision was carefully considered. We focused on quality at every stage of construction to create a residence that feels as exceptional today as it will decades from now."
Craftsmanship is evident throughout the residence. Walls are wrapped in custom millwork incorporating multiple exotic wood species, while the kitchen features handcrafted cabinetry by Bon Vivant Custom Woodworking, a South Florida company specializing in custom architectural millwork since 1981. The home also features Bronze Armani stone, shellstone and multiple varieties of natural marble throughout. Hand-selected travertine was sourced from Rome specifically for the project, while the infinity-edge pool is finished with Bali stone imported from Indonesia. A custom powder-coated steel and aluminum exoskeleton further distinguishes the home's engineering and construction.
The record-setting sale reflects the strong demand for newly completed waterfront residences on Hibiscus and Palm islands, where limited inventory and architecturally significant homes continue to command premium values.
Images via 1 OAK Studios
Past PROFILEmiami articles about homes on Palm and Hibiscus Island:
For more information about homes and real estate on Palm or Hibiscus Island please fill out the form below:
Winston Capital Affiliate Acquires Bay Harbor Islands Waterfront Homesite For $18 Million
An affiliate of David Burstyn's Winston Capital Management has acquired a premier waterfront homesite in Bay Harbor Islands for $18 million, marking a record land sale in the island community. Property records show Winston Bay Harbor purchased the nearly half-acre parcel at 10312 West Broadview Drive from a family trust in an off-market transaction that closed this week. The sale agreement, signed by trustee Noah Burton, was recorded in May.
An affiliate of David Burstyn's Winston Capital Management has acquired a premier waterfront homesite in Bay Harbor Islands for $18 million, marking a record land sale in the island community.
Property records show Winston Bay Harbor purchased the nearly half-acre parcel at 10312 West Broadview Drive from a family trust in an off-market transaction that closed this week. The sale agreement, signed by trustee Noah Burton, was recorded in May.
The north-facing waterfront property is expected to be redeveloped into a luxury speculative residence. The site offers enough development potential for an approximately 12,000-square-foot custom home, creating an opportunity for one of Bay Harbor Islands' largest new waterfront estates.
The transaction equates to approximately $914 per square foot of land. The property previously traded for $12.3 million in 2023, illustrating the rapid increase in values for premier waterfront homesites in Bay Harbor Islands.
Priscilla Burstyn of The Baron Agency represented the buyer in the transaction. The seller was represented by Zalmy Shapiro and Joel Lusky of The Brokerage South Florida, together with Jordan Karp of Jordan Karp LLC.
Burstyn serves as CEO of Winston Capital Management, a Miami-based real estate investment and lending firm. He is also a principal and co-founder of Redwood Dev Co, a development company focused on workforce and affordable housing communities.
The acquisition comes as Bay Harbor Islands continues to attract luxury residential investment due to its limited waterfront inventory and proximity to Bal Harbour, Surfside, and Indian Creek Island. The municipality has seen a series of notable residential transactions in recent years, including the 2024 sale of the waterfront estate at 9520 West Broadview Drive for just under $22 million. Earlier this year, another waterfront residence at 9640 West Broadview Drive sold for $21.8 million, establishing a new record for price per square foot in the community.
With demand for premier waterfront properties remaining strong and developable bayfront parcels becoming increasingly scarce, the acquisition at 10312 West Broadview Drive highlights the continued strength of Bay Harbor Islands' luxury residential market and the premium buyers and developers are willing to pay for exceptional waterfront homesites.
Images via Jordan Karp LLC
Past PROFILEmiami articles about Winston Capital Partners
For more information about 10312 West Broadview Drive or homes in Bay Harbor Islands, private showings or purchasing/ leasing information please fill out the form below:
Waterfront Estate In Bal Harbour Trades For $43 Million In Off-Market Transaction
A waterfront estate in Bal Harbour has traded for $42,973,750 in an off-market transaction, marking a record for the priciest sale in Bal Harbour this year. Located at 56 Bal Bay Drive, the newly completed waterfront estate offers 7 bedrooms, 8 full baths and one-half bath across 10,801 square feet of interiors on a sprawling 21,225 SF lot with 100 feet of prime water frontage.
A waterfront estate in Bal Harbour has traded for $42,973,750 in an off-market transaction, marking a record for the priciest sale in Bal Harbour this year.
Located at 56 Bal Bay Drive, the newly completed waterfront estate offers 7 bedrooms, 8 full baths and one-half bath across 10,801 square feet of interiors on a sprawling 21,225-square-foot lot with 100 feet of prime water frontage. Developed by Saber South Real Estate, the residence was designed by NMD NOMADAS and expertly constructed by Amarilla.
Per public record, the sellers are Michael G. Klinger of Saber Real Estate and his wife Michelle Klinger. They were represented by Dina Goldentayer with Douglas Elliman and Joel Lusky at The Brokerage South Florida Real Estate.
Bal Harbour is South Florida's most exclusive residential enclaves. Residents enjoy the convenience of a highly walkable environment, with beaches, acclaimed dining destinations and the world-famous Bal Harbour Shops all within easy reach. The community has a dedicated police department, which provides residents with an added sense of privacy and security. In 2024, Brazilian soccer star Neymar Jr. purchased a $26 million vacant waterfront lot in the community.
Images via Become Legendary
Past PROFILEmiami coverage of luxury homes and estates:
For more information about homes in Bal Harbour, private showings or purchasing/ leasing information please fill out the form below:
New Construction Home in Miami's Bay Point Neighborhood Sells For Record-Setting $27.25 Million
Casa Moderne, a newly completed waterfront residence at 790 Lake Road in Miami's exclusive Bay Point neighborhood, has sold for a record $27.25 million. The transaction establishes a new record-setting canal-front price per square foot in Bay Point at $4,284 per square foot.
Casa Moderne, a newly completed waterfront residence at 790 Lake Road in Miami's exclusive Bay Point neighborhood, has sold for a record $27.25 million. The transaction establishes a new record-setting canal-front price per square foot in Bay Point at $4,284 per square foot, reflecting not only the continued demand for luxury waterfront real estate in Miami, but also how the luxury buyer relocating to the area today is fundamentally different from the buyer from a decade ago. Today’s buyers are not looking for a project—they are looking for certainty. They want exceptional architecture, thoughtful design and a home they can enjoy immediately as their most valuable currency is time.
The transaction was overseen by Ana Teresa Rodriguez, founder and CEO of ATR Luxury Homes Group at Coldwell Banker Realty who listed the property. The buyer was represented by Cyril Matz with Douglas Elliman.
Offered fully furnished, the six-bedroom Casa Moderne includes seven full bathrooms and one powder room and spans 6,361 square feet on a 13,532-square-foot waterfront lot. The move-in ready residence features Bay Point's only grandfathered rooftop terrace with panoramic 360-degree views of Biscayne Bay and the Miami skyline, along with custom millwork, a private dock, an infinity-edge pool with spa, chef's kitchen, elevator, air-conditioned garage and designer furnishings by Minotti and Fendi.
The sale is a testament to a significant appreciation in the property's value over time. Originally acquired in 1976 for approximately $125,000, the property was purchased in 2012 by Adonel Concrete CEO Luis García for $1.9 million as his personal residence. In 2016, García offered the property for sale either as an existing residence for $9.98 million or as a redevelopment opportunity with approved plans for approximately $15 million.
After reassessing the long-term potential of the site, García decided to take the listing off the market, demolish the existing home and pursue a full ground-up redevelopment. The new home was envisioned and creatively directed by ATR Concepts, a division of ATR Luxury Homes Group.
Today, the sale of Casa Moderne for $27.25 million underscores the considerable increase in value of premier waterfront real estate in Miami due to the continued migration of wealth to South Florida following COVID and the impact of Florida’s tax advantages. It is also an indication of the strength of Miami's ultra-luxury residential market, where turnkey waterfront properties attract strong buyer demand.
Located in the gated Bay Point neighborhood, Casa Moderne sits on a private waterfront cul-de-sac just moments from Biscayne Bay and offers convenient access to the Miami Design District, Wynwood, Edgewater, Brickell, Miami Beach, Miami International Airport and several of Miami's top private schools. Bay Point, one of Miami’s best-kept secrets, quietly offers something incredibly rare: a private community of approximately 250 homes, owned and operated by its homeowners, with exceptional security, privacy, and one of the most central waterfront locations in the city.
“What was once considered an undervalued hidden gem has evolved into one of South Florida's most sought-after luxury communities,” said Rodriguez. “Buyers today increasingly recognize what longtime residents and investors understood years ago. Bay Point offers an extraordinary combination of exclusivity, privacy, security and accessibility. It now belongs in the same conversation as South Florida’s most exclusive private enclaves.”
“I believed in Bay Point long before it became one of Miami’s most sought-after luxury communities,” said García. “What attracted me from the beginning was its privacy, security, waterfront lifestyle, and central location. I always felt the market would eventually recognize what made this neighborhood so special.”
Images via Unihouse Production
Past PROFILEmiami coverage of luxury homes:
For more information about Casa Moderne, or to inquire about purchasing the residence or a home in Bay Point please fill out the form below:
Check Out This Newly Completed Waterfront Spec Home On Miami Beach's Venetian Islands Asking $59.9 Million
A newly completed, modern architectural masterpiece known as Forte on Miami Beach’s Venetian Islands has hit the market for $59.9 million. The lavish waterfront home sits on a 13,188 SF lot with 105 feet of deep-water dockage and direct access to Biscayne Bay.
A newly completed, modern architectural masterpiece known as Forte on Miami Beach’s Venetian Islands has hit the market for $59.9 million. The lavish waterfront home sits on a 13,188 SF lot with 105 feet of deep-water dockage and direct access to Biscayne Bay. Built and owned by Maven Construction's president, and designed in collaboration with Varabyeu Partners, Javier Robles Studio and Artefacto, the home seamlessly blends contemporary design with curated turnkey interiors, offering 10,689 SF of living space, 7 bedrooms, 7.5 bathrooms and expansive open-plan living areas with full-height glass walls.
Elevated 14 feet above sea level, Forte features a rooftop terrace with 360° views of downtown Miami and the bay, a display-quality garage fit for 8–10 vehicles, dual kitchens, a private theater and full Crestron smart-home automation. With its exceptional scale, high-quality design and unrivaled amenities, Forte stands among the most significant new-construction estates on the Venetian Islands and exemplifies Miami’s evolution as a global luxury waterfront destination.
1413 North Venetian Way, Miami Beach, FL is listed For $59,900,000 with Matt Crane of Compass.
Images via Christian Santiago
Inside The 2nd Annual PROFILEmiami Spec Home & Ultra Luxury Real Estate Summit 2025
The 2nd Annual PROFILEmiami Spec Home & Ultra-Luxury Real Estate Summit, held last week at the state-of-the-art Lighting Loft in Midtown Miami in partnership with LUC Electric and Tidelli, was a resounding success—bringing together more than 150 of South Florida’s most influential developers, financiers, brokers, architects, designers, and luxury service providers for an evening defined by insight, connection, and elevated dialogue.
The 2nd Annual PROFILEmiami Spec Home & Ultra-Luxury Real Estate Summit, held last week at the state-of-the-art Lighting Loft in Midtown Miami in partnership with LUC Electric and Tidelli, was a resounding success—bringing together more than 150 of South Florida’s most influential developers, financiers, brokers, architects, designers, and luxury service providers for an evening defined by insight, connection, and elevated dialogue.
Guests consistently praised the exceptionally high caliber of attendees, noting the Summit’s unique ability to foster meaningful, long-term business relationships across every facet of the ultra-luxury and spec home ecosystem. With representation spanning Miami, Fort Lauderdale, and Palm Beach, the event reinforced PROFILEmiami’s position as a leading platform for convening the decision-makers shaping South Florida’s most prestigious residential market.
The evening featured two powerhouse panels that explored both the creative and commercial forces driving today’s ultra-luxury homes. The Design & Development Panel placed a strong emphasis on wellness-driven living, advanced smart home technology, and privacy-focused design, underscoring how health, performance, security, and discretion have become non-negotiable pillars of high-end residential demand. Panelists discussed everything from clean-air and wellness systems to lighting, automation, and security solutions that enhance both lifestyle and long-term value.
The State of the Market Panel delivered a forward-looking perspective on the region’s luxury real estate landscape, with speakers expressing clear optimism in the continued growth and resilience of South Florida’s market. Panelists cited sustained buyer demand, demographic and wealth migration trends, and the region’s expanding global appeal as key drivers supporting the ongoing strength of the spec home and ultra-luxury sector.
Insights were shared by some of the industry’s most respected voices, including top-producing brokers Jordan Karp of JK Real Estate and Lourdes Alatriste of Douglas Elliman—both ranked among Miami’s Top 20 producers by sales volume in 2025—alongside architect Ralph Choeff of Choeff Levy Fischman; spec home financier Zack Simkins of Vaster Capital; developers Pascal Nicolai of Sabal Development, Jose Boschetti Jr. of Boschetti Group, and Kirk Ivy of IVEY Punch / IVEY Design Build; developer and interior designer Kathy Samaan of Samaan Design Group; and smart home leader Ross Samanchuk of LUC Electric. Together, the panelists offered candid insights into pricing dynamics, development strategy, design evolution, and what defines success at the highest end of the market.
Complementing the panels, the Ultra-Luxury Real Estate Showcase brought together the top brands and service providers powering South Florida’s most exceptional homes, allowing attendees to experience firsthand the craftsmanship, innovation, and technology behind today’s premier residential projects. The evening featured PROFILEmiami’s signature cocktail networking soirée powered by Cala Bennati wine, creating an environment intentionally designed for high-level, bespoke networking. The event was followed by a private VIP Dinner for the panelists hosted at the Tidelli Outdoor Living Miami furniture showroom by Tidelli Miami and LUC Electric.
The 2nd Annual Summit builds on PROFILEmiami’s legacy of hosting industry-leading real estate events that combine education, insight, and curated connection. As South Florida’s ultra-luxury market continues to evolve, the Spec Home & Ultra-Luxury Real Estate Summit remains a defining forum for the leaders shaping the region’s most remarkable homes—celebrating the artistry, ambition, and collaboration that drive the market forward.
Please check out our sponsors LUC Electric for smart home and lighting design, Tidelli Outdoor Living furniture, Vaster Capital mortgages and lending, Ero Lighting lighting design, Samaan Design Group interior design, IVY Punch for buyer inspection and punch list expertise, The Lighting Loft lighting showroom, Modern Stones marble and stone, CPS Outdoors pool systems and Cala Bennati Wines.
VIP Dinner at Tidelli Miami
For more information about upcoming PROFILEmiami Events please check out our events page here or fill out the form below:
Sabal Development Unveils Ultra-Luxe $75 Million ‘Villa Tropezina’ Estate on Manalapan’s Billionaire’s Beach
Sabal Development has revealed their newly listed "Villa Tropezina," a spectacular new-construction, dual-waterfront estate located at 3050 S Ocean Boulevard in the exclusive Manalapan, Florida, enclave known as Billionaire’s Beach.
Sabal Development has revealed their newly listed "Villa Tropezina," a spectacular new-construction, dual-waterfront estate located at 3050 S Ocean Boulevard in the exclusive Manalapan, Florida, enclave known as Billionaire’s Beach. Masterfully developed by Sabal Development and expertly crafted by Sabal Luxury Builders under the direction of Pascal Nicolai, the three-story house is priced at $75,000,000.
Pascal Liguori and Carmen D’Angelo of Premier Estate Properties are the listing agents.
Slated for completion in the Spring of 2026, the magnificent residence offers 6 bedrooms, 10 bathrooms, and a total interior livable area of 15,832 square feet, set on a sprawling 1.33-acre lot. Designed by Togu Design, Villa Tropezina sits on a walled and gated property that extends from a private, pristine Atlantic Ocean beach to a secluded Intracoastal inlet, providing 70 feet of private frontage on both waterways. The owner will have access to an exclusive cabana beach through a tunnel, providing immense privacy.
“Villa Tropezina is the culmination of Sabal’s commitment to extraordinary design and impeccable craftsmanship, set within the incomparable exclusivity of Manalapan’s Billionaire’s Beach.” Said Pascal Nicolai, CEO of Sabal Development and Sabal Luxury Builder. “Our vision was to create an 'Organic Modern Jewel' that not only offers an ultimate luxury lifestyle with resort-style amenities, but that also achieves a rare, zen-like serenity by seamlessly blending the beauty of the Atlantic Ocean and the Intracoastal with cutting-edge modern architecture.”
The home embodies a zen-like serenity, seamlessly blending creamy natural tones and organic wood treatments with cutting-edge modern design, blurring the lines between indoor and outdoor living. The ultimate luxury lifestyle is achieved through its world-class amenities and resort-style features, including unobstructed ocean and Intracoastal views from floor-to-ceiling glass sliders and glass-railed terraces. The house will be fully furnished by Roche Bobois and decorated to show its full potential. The décor is not included in the homes listing price.
Premier amenities include:
Dual Waterfront Features: A full-service Intracoastal boat dock and a private approach to an exclusive Atlantic Ocean beach, complete with a beach-side cabana featuring a game room/lounge.
Entertaining Oasis: A heated saline infinity-edge waterfront pool and spa, a fire pit, a grilling station, a private screening room with lounge seating and a built-in bar, and multiple tiered terraces.
Wellness & Auto Salon: A dedicated wellness center with a gym, sauna, and spa bath, and an impressive 8-10 car auto salon.
Palatial Suites: A secluded primary suite offering a morning bar, lavish spa bath, dual fitted boutique walk-in closets, and a large covered terrace overlooking the Intracoastal. The home also includes a VIP oceanfront guest suite and three additional guest suites.
Constructed with concrete throughout, the residence is a secure oasis, featuring impact windows and doors, a whole-house generator, multi-camera security, and Savant® smarthouse automation for fingertip control. Villa Tropezina offers a level of luxury and exclusivity rivaling the world's most sought-after destinations, all just minutes from world-class dining and shopping along Palm Beach’s iconic Worth Avenue.
Renderings via Sabal Development
For more information about Villa Tropezina, private showings or purchasing/ leasing information please fill out the form below:
Event December 11: PROFILEmiami Spec Homes & Ultra Luxury Real Estate Summit 2025
On Thursday, December 11, 2025, PROFILEmiami will host the 2nd Annual ‘Ultra-Luxury Real Estate & Spec Home Summit 2025,’ an exclusive evening dedicated to the booming world of South Florida’s most opulent residences.
On Thursday, December 11, 2025, PROFILEmiami will host the 2nd Annual ‘Spec Home & Ultra-Luxury Real Estate Summit 2025,’ an exclusive evening dedicated to the booming world of South Florida’s most opulent residences at the luxuriously high-tech The Lighting Loft in Midtown Miami. This one-of-a-kind event will spotlight the hottest spec homes and ultra-luxury properties from Miami, Fort Lauderdale, and Palm Beach, while exploring the full spectrum of the sector—from development and design, to financing, insurance, the ultra-competitive world of brokering and selling these lavish properties. Guests will enjoy two powerhouse panels, an ultra-luxury real estate showcase bringing together the industries top brands, and PROFILEmiami’s signature DJ-led cocktail soirée power by Cala Bennati wine designed for high-level bespoke networking.
The Summit will feature insights from some of the industry’s most respected voices, including brokerage top producers Jordan Karp of JK Real Estate and Lourdes Alatriste of Douglas Elliman, both of whom are ranked in Miami’s Top 20 top produces by sales volume in 2025; architect to the stars, Ralph Choeff of Choeff Levy Fischman; one of South Florida’s most active spec home financiers Zack Simkins of Vaster Capital; spec home developers Pascal Nicolai of Sabal Development, Jose Boschetti Jr. of Boschetti Group and Kirk Ivy of IVEY Punch / IVEY Design Build; developer and interior designer Kathy Samaan of Samaan Design Group; with Gustavo Tello of Ero Lighting and Ross Samanchuk of LUC Electric. These panelists will speak alongside alongside a roster of to be announced developers, architects, brokers, and financiers who are setting the tone for South Florida’s next wave of luxury living. Attendees will gain insider perspectives on the factors driving record pricing, the strategies behind successful spec homes, and the design trends that continue to define the ultra-luxury space. With over 150+ of the region’s most active industry leaders in attendance, the evening will serve as a platform for knowledge, collaboration, and connection at the highest level.
The Ultra-Luxury Real Estate Showcase will bring together the top brands and service providers that power South Florida’s spec home and ultra-luxury market. From world-renowned architects and interior designers to specialists in marble, stone, custom kitchens, and high-end millwork, the Showcase will highlight every element that defines today’s most exceptional homes. Guests will be able to explore innovations in smart home technology, home entertainment systems, lighting design, pool engineering, clean air and wellness systems, as well as advanced security solutions—experiencing firsthand the products and expertise that shape the region’s most exclusive properties.
PROFILEmiami’s Spec Home & Ultra-Luxury Real Estate Summit builds on a legacy of industry-leading real estate networking and educational events. This year’s program continues that tradition of convening the key players shaping South Florida’s most prestigious real estate sector, offering a rare opportunity to network, learn, and celebrate the artistry and ambition behind the region’s most remarkable homes.
Panelists:
6 PM: Designing & Building The Next Generation of Spec Homes
Ralph Choeff, Choeff Levy Fishman
Kirk Ivy, Ivey PUNCH / Ivey Design Build
Gustavo Tello, Ero Lighting
Ross Samanchuk, LUC Electric
Kathy Samaan, Samaan Design Group
7 PM: State of the Ultra-Luxury Market
Jordan Karp, JK Real Estate
Zack Simkins, Vaster Capital
Pascal Nicolai, Sabal Development / Sabal Luxury Builder
Lourdes Alatriste, Douglas Elliman
Jose Boschetti Jr., Boschetti Group
*Additional Panelists to Be Announced
Date: Thursday December 11, 2025 | 5 PM - 8 PM
Location: The Lighting Loft, 3650 N Miami Ave, Miami, FL 33127
Tickets: $175
Sponsors:
Showcase, Sponsorship & Event Information:
Former Los Angeles Dodgers-Star Alex Guerrero Lists Newly Built North Bay Road Estate For $75 Million
Former Los Angeles Dodgers-star Alex Guerrero has listed his newly built, waterfront North Bay Road estate for $75 million with Lourdes Alatriste of Douglas Elliman. One of the most architecturally ambitious and design-forward homes in Miami Beach — the iconic estate is located at 3100 North Bay Road, located on the prestigious Millionaire’s Row.
Former Los Angeles Dodgers-star Alex Guerrero has listed his newly built, waterfront North Bay Road estate for $75 million with Lourdes Alatriste of Douglas Elliman. One of the most architecturally ambitious and design-forward homes in Miami Beach — the iconic estate is located at 3100 North Bay Road, located on the prestigious Millionaire’s Row.
Alex Guerrero is a celebrated Cuban-born power hitter and former Los Angeles Dodgers standout, revered for his explosive performance on the field — including his stint as a Nippon Professional Baseball (NPB) All-Star and home run champion in Japan. Guerrero now offers a bold, one-of-a-kind residence that mirrors his dynamic global career.
The estate commands attention with its elevated design and rare architectural fluency. Conceptualized by Valle Valle & Partners and co-curated by LF Development LLC, the home is a study in elevated engineering and artistic vision. Spanning over 10,250 SF under air, the home features seven ensuite bedrooms, including a 1,500 SF primary suite with a private garden oasis. Inside, custom-crafted Italian cabinetry, couture-grade closets, and sculptural volumes set a dramatic yet fluid tone. Two designer kitchens — one for daily use and one fully equipped for catering — make the home ideal for both intimate living and large-scale entertaining.
The resort-style outdoors designed by landscape architect Vincent Filigenzi offers a lush, layered sanctuary with curated gardens, reflecting water features, and expansive entertaining terraces. A heated infinity-edge pool, hot tub, and cold plunge off the primary suite balcony overlook sweeping Biscayne Bay views. The home also features a fire pit, outdoor kitchen, 110’ of prime water frontage and an 80’ L-shaped dock designed to accommodate a 90’ yacht and jet skis.
For car enthusiasts, the home features an 18-car garage experience, including a 15-car undercarriage garage and a three-car air-conditioned garage above — an exceedingly rare feature that cements the home’s status as a true collector’s trophy. Sustainability plays a role, too — a solar-paneled roof supports eco-conscious living.
This exceptional property represents a singular opportunity to own a legacy residence at the crossroads of global sports stardom and cutting-edge design — right in the heart of Miami Beach’s most iconic stretch.
Renderings / Photos via REDVERTEX
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.