Sabal Development Sells Miami Villa on Venetian Island for $21M

Dora Puig of Luxe Living Realty represented Sabal and buyer in the transaction

 

Sabal Development, an award-winning builder and developer, has sold a luxury custom-built villa on Venetian Island for $21 million. Togu Design redesigned the modern, waterfront home at 1370 S Venetian Way. The new residence features a rooftop deck witha pool overlooking the bay with Downtown views; ground floor deck with lounge area, negative-edge pool and spa; and stunning views of the Miami skyline from South Beach to Brickell/Downtown Miami.

Dora Puig, the Principal Broker & Founder of Luxe Living Realty represented both Sabal Development and the buyer in the $21 million sale, which closed May 26th.

“This is just one example of the impressive, state-of-the-art product our team produces time and time again,”said Nicolai, Founder and CEO of Sabal Development. “We enjoyed working on Venetian Island and have a second property that we are excited to bring to the market soon.”

Sabal Development originally purchased the property in August 2020 for $4.2 million.

The gorgeous, two-story new construction villa hasfive bedrooms, sevenbathrooms, a two-cargarage, and almost 7,000 square feetof living space. The 10,500 square-foot lot has 60 feet of glorious waterfront views overlooking South Beach and Brickell/Downtown Miami.

With direct southwest exposure, the residence gets natural light year-round. The estate features a spectacular open-living area anda diningarea separated by an elegantlydesigned metal screen. The European eat-in chef’s kitchen features custom walnut-wood paneling andpremium appliances. A huge bayfront infinity pool andloungearea highlight the outdoor deck. The rooftop patio is perfect for entertaining, surrounded by firepits with incredible views.

Sabal Development and Sabal Luxury Builder work to understand the unique needs and lifestyles of its clients. The companies collaborate with engineers, architects, and designers on a project from start to finish.

In the last two years, Sabal Development has sold custom homes built by Sabal Luxury Builder with a total value of over $146 million.Nicolai has more than 30 years of experience with residential projects in the United States and Europe. 

About Sabal Development: Specializing in luxury custom homes, award-winning Sabal Development creates astonishing residences that introduce a new level of splendor and innovation to South Florida. Sabal brings together a comprehensive team of international architects and designers for each project to realize its singular vision. The firm works with an integrated construction company, Sabal Luxury Builder, to ensure each project is completed in a timely manner and meets the highest standards. Its projects always reflect the latest advances in technology and sustainability by featuring smart home technologies and responsibly sourced materials. For more information, visit https://sabalbuilder.com/, call (786) 870-4406, or email info@sabalbuilder.com.