One Bal Harbour – is finally here!

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One Bal Harbour located in Bal Harbour, Florida, built by WCI Communities, one of the best builders in Florida, is about to finish its first Condo with Condo Hotel Component. The Condo part has 185 apartments, the Condo Hotel about 110 either studios or One Bedrooms.

Located in Miami Beach at the North End of an area called Bal Harbour, on perhaps one of the best lots in the County, right at the Inlet from the Ocean, One Bal Harbour has a uniquely large Beach. The Hotel Part will be run by Regent International, a 5 star Hotel with top of the line Restaurants, Guerlain Spa Services, Room Service, Concierge Service and so many more in amenities.

As a condo owner in the One Bal Harbour you will have access to all of the 5 star services of the Regent International plus the privacy of its own pool and salons for social events.

Each Condo comes in with top of the line appliances, Italian Cabinets, Elevators going to each of the units, Large Terraces with Flooring, 10 foot high ceilings, floor to top Windows and amazing view of the Beach and Ocean. Some of the units with North views will also have the views of the Inlet, the Beach, the Ocean, the Bay and Halouver Park. The views just go for miles and miles.

The St Regis, also in Bal Harbour, in the place where the Sheraton Bal Harbour is today, will be demolished and the new apartments in that project are currently selling in excess of $1,200 per square feet. Since One Bal Harbour was sold originally in Pre-Construction 4 years ago there are plenty of bargains starting at $650 per square feet due to the soft Real Estate Market. Recent transactions in relatively new buildings in Bal Harbour like Bellini and others are selling for $800 a square feet, so at the Pre-closing price of $650 per square feet One Bal Harbour is a bargain.

Closing started this past Friday November 16. Today is the implossion of the St Regis in Bal Harbour.

The best deals in One Bal Harbour right now are:

2 BR, 2.5 BA, 2,000 sft plus Terraces, H Unit, 9 th Floor, $1,225,000

3 BR, 3.5 BA, 3,000 sft plus Terraces, C Unit, 8th Floor, $1,999,000

3 BR, 3.5 BA, 2,755 sft plus Terraces, G Unit, 9th Floor, corner unit $2,300,000

These are 2,003 prices in the most luxurious building, in the top destination in South Florida, in the most amazing lot! The people that reserved these units in 2.003 are ready to close and many do not want to. The choice is your, take advantage of the market today to buy the Best Real Estate at discount or wait to try to bottom the market and perhaps pay what is worth in the near future!

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