Amenities include a private clubhouse with a pool, a fire pit, a waterfall, and a summer kitchen, in addition to a gym, a game room, a theater, and an upscale business center.
Sabbia Beach will hold a topping off ceremony next Thursday with 85 percent of its residences under contract.Located at 730 North Ocean Boulevard, the 19-story oceanfront condominium broke ground at 60 percent sold in May 2016.
Miami is currently the strongest "buyer’s market" in the country, according to a recent market trend report on OpenHouse, and eight of the top 10 cities ranked were located in Florida. Miami, Miami Beach, and Weston topped the list.
A "Bermuda-inspired" oceanfront home in Pompano Beach just sold for $7.65 million after listing for $8.95 million last summer, becoming the highest priced sale in the area over the last two years.
Miami and Miami Beach both ranked in the bottom seven among WalletHub’s 2016’s Best and Worst Cities for First-Time Buyers, ranking 294th and 299th, respectively. The study analyzed 300 cities of varying sizes across 19 key metrics.
A penthouse at Sabbia Beach just sold for $5.5 million and $934 per square feet, with the latter representing the priciest sale ever in Pompano Beach, per a spokesperson for the luxury beachfront development.
Standard residences at the ultra-luxury development developed by Fernbrook Florida, LLLP range in price from the $900,000s to $5.3 million, with penthouses starting at $5.9 million. A total of 27 units remain in the 68-unit tower.