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Sabal Development Sells Contemporary Coconut Grove Estate For $22.5 Million

August 20, 2026

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.

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In Coconut Grove, Development, Development News, Luxury Homes, Luxury Real Estate, News, News & Features, Residential, Spec Home Tags Sabal Development, News & Features, News, Development, Development News, Spec Home, Luxury Homes, Luxury Real Estate, Residential, Pascal Nicolai, 4040 Kiaora St., 4040 Kiaora Street, Sabal Luxury Builder, Vitaliya Alkhovik, Interiors.Vita, Coconut Grove, Featured
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PROFILEmiami Co-Founder Demetri Demascus, Pascal Nicolai (Sabal Development), Lourdes Alatriste (Douglas Elliman), Zach Simkins (Vaster Mortgage), Jose Boschetti Jr. (Boschetti Group)

Inside The 2nd Annual PROFILEmiami Spec Home & Ultra Luxury Real Estate Summit 2025

December 26, 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.

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In Development, Development News, Events, Luxury Real Estate, News, News & Features, PROFILEconnect, PROFILE Event, Residential, Spec Home, Past PROFILE Event Tags Events, Spec Homes & Ultra Luxury Real Estate Summit, PROFILEconnect, PROFILE Connect, News & Features, News, Development, Development News, Residential, Spec Home, Luxury Real Estate, Featured, Ross Samanchuk, Sergey Holovchenko, Ralph Choeff, LUC Electric, Kirk Ivy, IVY Punch, Pascal Nicolai, Sabal Development, Sabal Luxury Builder, Kobi Karp, Katya Demina, Demetri Demascus, Jordan Karp, Jordan Karp LLC, Lourdes Alatriste, Zach Simkins, Vaster Capital, Vaster Mortgage, Jose Boschetti, Jose Boschetti Jr., The Boschetti Group, Tidelli, The Lighting Lofts, Samaan Design Group, Choeff Levy Fischman
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Sabal Development Unveils Ultra-Luxe $75 Million ‘Villa Tropezina’ Estate on Manalapan’s Billionaire’s Beach

December 16, 2025

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.

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In Development, Development News, Luxury Homes, Luxury Real Estate, Manalapan, News, News & Features, Residential, Spec Home Tags News & Features, News, Villa Tropezina, 3050 S Ocean Boulevard, Manalapan, Development News, Development, Spec Home, Residential, Pascal Nicolai, Sabal Luxury Builder, Sabal Development, Togu Design, Featured, Luxury Homes, Luxury Real Estate, Billionaire's Beach, Pascal Liguori, Carmen D'Angelo
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Check Out Sabal Development's Newly Revealed Tropical Modern Coconut Grove Spec Home Asking $24.9 Million

May 22, 2025

Sabal Development and Sabal Luxury Builder, led by Pascal Nicolai, have revealed their newly listed tropical modern spec home asking asking $24,900,000 in the hot of Miami’s hot Coconut Grove neighborhood.

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In Development, Development News, Coconut Grove, Luxury Real Estate, Luxury Homes, News, News & Features, Spec Home, Residential Tags News & Features, News, Residential, Sabal Development, Sabal Luxury Builder, Coconut Grove, Development, Development News, Spec Home, Lourdes Alatriste, Douglas Elliman, 4040 Kiaora Street, 4040 Kiaora St., Featured, Luxury Homes, Luxury Real Estate
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Sabal Development led by Pascal Nicolai Closes on $20.6 Million Sale of Stunning Venetian Island Estate

February 10, 2025

Leading Miami-based luxury home developer Sabal Development & Sabal Luxury Builder, led by Pascal Nicolai, have sold their stunning new modern tropical waterfront estate they developed located at 1369 N Venetian Way for $20,625,000.

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In Development, Development News, Luxury Homes, Luxury Real Estate, News, News & Features, Venetian Islands, Spec Home, Residential Tags News & Features, News, Development News, Development, Spec Home, Residential, Venetian Islands, 1369 North Venetian Way, Sabal Luxury Builder, Sabal Development, Pascal Nicolai, Luxury Homes, Luxury Real Estate
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Sabal Development Closes On Waterfront Spec Home Lot In Boca Raton For $5.75 Million

July 24, 2024

Leading single-family-home and spec home developer Sabal Development has closed on a land sale in the highly sought-after Sanctuary community of Boca Raton for $5.75 million. The Sanctuary of Boca Raton is a private community of custom luxury homes on the Intracoastal Waterway with homes recently listed for more than $30 million.

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In Boca Raton, Development, Development News, News, News & Features, Residential, Spec Home Tags News & Features, News, Development News, Development, Residential, Boca Raton, Sabal Development, Sabal Luxury Builder, Togu Design, Pascal Nicolai
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Inside PROFILE Collectors Club: Chronographs & Caviar at Sabal Development's $15 Million Brickell Penthouse

March 20, 2024

On March 12, 2024 PROFILEmiami and Sabal Development hosted PROFILE Collectors Club: Chronographs & Caviar, an invite-only sunset caviar tasting and watch showcase, revealing Sabal Developments newly completed $15 million Brickell Penthouse; in collaboration with leading luxury watch retailer Timepiece Trading and ArtLife, the first truly online bluechip art gallery.

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In Development, Development News, Events, Luxury, Luxury Real Estate, News, News & Features, Lifestyle Tags News & Features, News, Events, Featured, PROFILE Collectors Club, TimePiece Trading, ArtLife®, ArtLife, Sabal Luxury Builder, Sabal Development, Chronographs & Caviar, Lionel Nicolai, Pascal Nicolai, Lifestyle 2023, Lifestyle
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Sabal Development Reveals TOGU Designed Penthouse At Brickell House Asking $14.99 Million

February 1, 2024

Sabal Development has revealed a lavish newly designed penthouse which just hit the market asking $14.99 million, located at 1300 Brickell Bay Drive in the 46-story Brickell House Condominium. The modern, sophisticated property features breathtaking panoramic views of Brickell, Key Biscayne, and Miami Beach.

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In Brickell, Featured Listing, Luxury Homes, Luxury Real Estate, News, News & Features, Residential Tags News & Features, News, Sabal Luxury Builder, Sabal Development, Pascal Nicolai, Lionel Nicolai, Brickell, Brickell House, Spec Home, Featured, Featured Listing, Luxury Real Estate, Lourdes Alatriste, Luxury Condo, Link In Bio, Residential
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Sabal Development Sells Modern Oceanfront Spec Mansion in Highland Beach For $30 Million

November 8, 2023

Sabal Development, led by Pascal Nicolai, has sold an oceanfront spec home in Highland Beach known as La Plage Villa, for $30 million. The home was listed with Carmen D’Angelo and Joseph Liguori of Premier Estate Properties and Nadine Cory of City Real Estate Corporation represented the unnamed buyer.

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In Highland Beach, Luxury Homes, Luxury Real Estate, News, News & Features, Residential, Spec Home Tags News & Features, News, Spec Home, Highland Beach, Residential, Luxury Real Estate, Luxury Homes, Sabal Development, Pascal Nicolai, 4005 South Ocean Boulevard, La Plage Villa, Featured, Link In Bio
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PROFILE Exclusive: 12 Questions With Spec Home Specialist Pascal Nicolai of Sabal Development

August 23, 2023

PROFILEmiami had the exclusive opportunity to sit down with Pascal Nicolai of Sabal Development, one South Florida’s authorities when it comes to spec homes and custom home development, having built and sold total value of over $146 million in custom homes over the past 2 years. Sabal Development made a name for themselves as a vertically integrated developer and builder with over $130 million in luxury custom-built home sales in 2021.

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In Commercial, Development, Development News, Interview, News, News & Features, Residential Tags PROFILE Exclusive, Interview, News & Features, News, Pascal Nicolai, Spec Home, Development, Commercial, Residential, August 2023, Featured, Sabal Development, Sabal Luxury Builder
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The St. Regis Residences, Bahia Mar, Fort Lauderdale Reveals The Bahia Mar Club, A First-Of-Its-Kind Private Waterfront Oasis Exclusive To Residents
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Swire Properties Breaks Ground on The Residences at Mandarin Oriental, Miami on Brickell Key
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Swire Properties has broken ground on The Residences at Mandarin Oriental, Miami, marking the start of construction on one of the nation’s most significant new ultra-luxury developments. Designed by world renowned, New York based architects Kohn Pedersen Fox (KPF), the project will unfold across two architecturally distinct towers on Brickell Key.

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Related Group and Alta Developers Deliver Casa Bella Residences by B&B Italia in Downtown Miami
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B&B Italia has spent over 60 years defining how the world furnishes its homes. Today, for the first time, it has built one. Related Group and Alta Developers have officially delivered Casa Bella Residences by B&B Italia (Casa Bella Residences) at 1400 Biscayne Boulevard.

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October 5, 2026
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