
Sabal Development & Sabal Luxury Builder led by Pascal Nicolai, an award-winning builder and developer, closed on the sale of a stunning new modern tropical waterfront estate located at 1369 N Venetian Way. The Venetian Island home sold for $20,625,000 and was designed by Togu Design, built by Sabal Luxury Builder and listed by Dora Puig at Luxe Living Realty.
“We are extremely proud of our team and partners for bringing this enhanced living experience to the island,” said Pascal Nicolai, Founder and CEO of Sabal Development. “The open floorplan and floor-to-ceiling windows provide a luxury living space that is unmatched.”
The estate boasts 7,283 square feet of interior space situated on a sprawling 10,500 square foot lot with 60 feet of water frontage. It features four bedrooms, with the potential to convert to five or six, and five and a half bathrooms. Highlights of the property include two expansive rooftop terraces, an elevator servicing all three levels, a chefs eat-in kitchen with Miele appliances, and an oversized kitchen island. The outside entertaining area includes Ipe wood with an infinity-edge pool overlooking the bay.
This exceptional property, built by Sabal Luxury Builder, offers luxurious living and breathtaking waterfront views throughout. It features bleached oakwood floors, matte black accents, seamless indoor and outdoor living, and flexible interior architecture.
‘This sale represents the continued strength of the luxury waterfront market in Miami Beach,” said Dora Puig. “The exceptional design and craftsmanship of this estate made it a truly unique offering on Venetian Island.”
Sabal Development has sold custom homes built by Sabal Luxury Builder with a total value of over $240 million. Nicolai has more than 30 years of experience with residential projects in the United States and Europe.
Dora Puig has been ranked as the No.1 Realtor in Miami-Dade County for 7 straight years by The Real Trend’s Verified Study, Published by The Wall Street Journal. In 2024, Dora was Ranked #1 in Miami-Dade, #7 in FL and #33 in the USA for Small Teams by Total Dollar Volume.
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.