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$1,350,000 Get Prequalified Today
Bal Harbour, FL
Buyers at the St. Regis Bal Harbour have purchased more than 200 luxury units— ranging in price from $1.35 million to $13.5 millionAs under the radar as it is over the top, as sleepy as it is glamorous, Bal Harbour has long been a sophisticated, in-the-know retreat. But it's never been cool, exactly. Sure, in the open-air Bal Harbour Shops— this moneyed enclave has the largest concentration of luxury jewelry and watch boutiques and the highest-grossing retail real estate in the country, with revenues up double digits this year from an already record-breaking 2011.Home prices are up in price as well, by nearly a third from last year, with about 20 percent more sales. But that's not all. In the last few months, this stretch of sandbar, where powdery beach meets turquoise waters, has seen a whole new kind of buzz. The recently opened St. Regis Bal Harbour, just across Collins Avenue from the Shops, has a lot to do with that.The St. Regis Resort & Residences has sold nearly 200 luxury units with an average sales price of nearly $1,450 per square foot. Located on 600 feet of pristine beachfront and surrounded by nearly nine acres of lushly landscaped gardens, the St. Regis Bal Harbour Resort is comprised of 268 private residences, 183 hotel rooms, and 37 condominium-hotel suites housed in three glistening glass towers that overlook the Atlantic Ocean.
Condos, Townhouses & Apts for Sale
February 1 on Oodle