Pascal Nicolai Of Sabal Development Sells Luxury Estate In Miami For $22.5M

A newly built luxury estate was sold at 4040 Kiaora Street in Miami’s Coconut Grove for $22.5 million. The 8,833-square-foot single-family residence was constructed by Sabal Luxury Builder.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $22,500,000
• Square Footage: 8,833
• Price per Square Foot: $2,547
• Seller: Pascal Nicolai - Sabal Development
• Broker: Lourdes Alatriste - Douglas Elliman
• Market: Miami, FL

Pascal Nicolai, representing Sabal Development, executed the sale of the property, with Lourdes Alatriste serving as the broker for the listing during the transaction.