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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. The transaction represents the most expensive home sale in Highland Beach in 2023.

Located at 4005 South Ocean Boulevard, La Plage Villa sits on a .6-acre lot and spans 9,000 SF spread over four levels encased in glass. The modern home offers 7 bedrooms and 12 bathrooms with ocean views from nearly every room, a gourmet kitchen, dining room overlooking the ocean, a 5-car garage and a roof top sky-deck. The tropical modern outdoors features an infinity pool, spa and 100’ of waterfront.

Led by Pascal Nicolai, Sabal Development built and sold total value of over $176 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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Images via Sabal Development

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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