The Bal Harbour Beach Club
 
     
Vision
  • The market setting which The Bal Harbour Beach Club development aims to serve is of the utmost exclusivity and sophistication.

  • Only the highest-end, most luxurious properties can be considered when drawing comparisons for the evaluation of this unique opportunity.

Luxury Residences

The Bal Harbour Beach Club - Setting - Luxury Residences

  • Only two luxury projects have delivered in the Village in the past 5 years - Bellini Bal Harbour and One Bal Harbour - adding only 340 units to the local residential market. Both sold out prior to completion at estimated prices of approximately $1650 per square foot.

  • St Regis Residences is the only project currently under construction in Bal Harbour. The 300 luxury residences and 40 Hotel Residences are currently priced at an average approximately $1650 per square foot.

The Bal Harbour Beach Club - Setting - Bellini

Luxury Hotel Accommodations

  • Luxury accommodations in Bal Harbour have been limited and the new Regent Hotel and soon to open St Regis Resort will add only an additional 343 luxury rooms The 343 Hotel rooms being added are actually a net reduction from the 645 rooms previously located in the Sheraton which was demolished.

  • The 12 Ultra Luxury Hotels in the Miami area have experienced a substantial increase in demand dating back to 2004.

  • Since 2004, average occupancy at Five-Star Hotels in the region has increased over 7 percentage points 71% for 2007. Room rates have spiked over 35%, amplifying the area's desirability among elite clientele.

The Bal Harbour Beach Club - Setting - Luxury Hotel Accommodations