Sabbia Beach, an upcoming oceanfront condo in Pompano Beach that is expected to be completed next year, just sold its second and final penthouse for $5.35 million ($943 per square foot).
The area’s first luxury oceanfront residential development in nearly a decade is currently 85 percent sold and entails 68 residences in all. The latest penthouse unit to come off the market, Penthouse B, is a two-story residence sizing up at 5,675 square feet. It has six bedrooms, six and a half bathrooms, 22-foot ceilings in the living areas, and nearly 1,000 square feet of terrace space.
Back in January of this year, the development set a Pompano Beach record when its Terazza B residence pulled in $969 per square foot — at a purchase price of $3 million — breaking its own record set by the sale of Penthouse D, which raked in $5.5 million, or $934 per square foot.
To entice prospective buyers, owners will not pay association fees for the first year. Amenities include 200 linear feet of shoreline representing a private beach; an oceanfront pool; and a fitness center with an ocean view.