Breaking a Pompano Beach record and its own record, Sabbia Beach, the first ultra-luxury oceanfront residential development in Pompano Beach in almost a decade, is celebrating the sale of its Terrazza B residence, which recently sold for $969 per square foot. Achieving the highest sale price per square foot in Pompano Beach history, the residence sold for $3 million. The residence offers 3,095 square feet under air and a 3,750-square-foot terrace.
Previously, Sabbia Beach held the record for the highest price per-square-foot sale in Pompano Beach history with the $5.5 million or $934-per-square-foot sale of its Penthouse D.
Sabbia Beach’s distinctive Terrazza models are four, exclusive corner residences designed for upscale oceanfront living. Exquisitely appointed and exuding alfresco elegance, each Terrazza residence features an expansive terrace, uniquely created for memorable outdoor entertainment.
The exclusive Terrazza residences, offering oceanfront living at its finest, are located on Sabbia Beach’s fourth floor. Each features a summer kitchen, spa, shower and raised deck with mesmerizing views of the Atlantic Ocean and City of Pompano Beach.
The remaining two- and three-bedroom Terrazza residences feature direct elevator access, large living areas with floor-to-ceiling glass, a gourmet kitchen complete with a chef’s island and Italian cabinetry, walk-in closets in the master bedroom, and freestanding soaking tubs.
One hundred percent funded with construction financing provided by Ocean Bank, the largest independent state chartered commercial bank headquartered in Florida, Sabbia Beach is rising out of the sand. Leaders of Fernbrook Florida, LLLP, the developer of Sabbia Beach, foresee completing one floor of Sabbia Beach per seven working days, finishing the floors mid-summer 2017. Click here to view a time lapse video of the construction.
“With the sale of Terrazza B, we have are pleased to have broken two records: our own and for Pompano Beach, for the highest price per square foot,” said Danny Salvatore, a partner in Fernbrook Florida, LLLP. “These impressive achievements are reflective of the fact that Sabbia Beach is one of the most desired oceanfront developments in South Florida.”
With only 68 residences, Sabbia Beach is situated on 200 linear feet of pristine South Florida shoreline. It is designed by renowned Miami firm Arquitectonica; tropical landscaping is by ArquitectonicaGEO, interior design is by the award-winning designers Interiors by Steven G., and the general contractor is Verdex Construction.
The boutique development offers resort-style amenities including an exotic, oceanside ultra-contemporary heated pool, state-of-the-art fitness center that overlooks the Atlantic Ocean, spa with massage treatment rooms, and his and hers steam rooms and saunas. The building will feature a 3,600-square-foot multi-purpose social room that will include a bar, kitchen, game and poker tables, and large screen TV. Other amenities include a yoga area and 24-hour valet parking. Additional luxurious features include 24-hour valet parking, as well as Tesla charging stations.
Sabbia Beach offers two-, three- and four-bedroom residences priced from the $900,000s. One penthouse, priced at $5.9 million, remains available. Sabbia Beach’s estimated completion is the second quarter of 2018.
Sabbia Beach is arising in the midst of a renaissance in Pompano Beach, which is transforming into a vibrant, sophisticated, multidimensional destination. Emerging are a creative arts district and cultural center, upscale shops and restaurants, a $7 million newly renovated fishing pier, $16 million parking garage, planned Class A office space and boutique hotels, and more, making Pompano Beach a desired spot for those who want to shop, play and live on the oceanside.
For more information or to schedule a private preview, please call 954-781-9700 or visit www.SabbiaBeachCondos.com. The Sabbia Beach Sales Gallery is located at 723 North Ocean Blvd.
About Sabbia Beach
Sabbia Beach is the shared vision of prominent builders who collectively have more than 55 years of experience in creating unique, luxurious, waterfront residential communities across the Western Hemisphere. It is the first ultra-luxury “toes-in-the-sand” oceanfront residential development in Pompano Beach in almost a decade. Offering only 68 luxurious condominiums and extraordinary resort-style amenities, Sabbia Beach, featuring 19 floors, is situated less than a mile north of the Pompano Beach pier, close to high-end oceanfront outdoor shops, live entertainment and fine dining. Sabbia Beach is presented by developers Fernbrook Homes of Ontario, Canada and Grupo Fernandez of Venezuela. Sabbia Beach is now under construction; estimated completion is scheduled for the second quarter of 2018. Sabbia Beach is located at 730 N Ocean Blvd, Pompano Beach, FL 33062. For more information on Sabbia Beach or to schedule an appointment, please contact 954-781-9700.