24 May 08 One Bal Harbour: Condo Review

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With over 50 units having been resold thus far in 2008, One Bal Habour is an anomaly in the Miami Real Estate Market.  Its success can be tribute to two factors; first and foremost is One Bal Harbour’s location.  Whereas in other areas there have been numerous new developments in the past few years, Bal Harbour has seen only two new buildings, One Bal Habour and Bellini.   Attracting affluent buyers from New York City, Chicago, Boston, Washington DC and Europe, the demand for new construction in one of the most upscale communities remains strong. 

 

 

One Bal Harbour’s second most influential attribute is undoubtedly its overwhelming quality.  Having been to every luxury building in both Dade and Broward counties, I can attest to fact that One Bal Harbour is one of the region’s five most luxurious properties available today.  To learn more about One Bal Harbour visit our dedicated web page.

Tags: bal harbour, Miami Real Estate, One Bal Harbour

19 Feb 08 Richard Meir’s Beach House Bankrupt

Today, the Miami Herald published an article, “Two S Fla condo developers file for bankruptcy”, the most notable of which was the Richard Meir’s Beach House just south of Bal Harbour in Surfside.   With lackluster sales in 2007 and with typical prices in excess of $2000/ sq ft,   there is little surprise that this project met is demise.   At this point in the market, any project that has yet to break ground or does not have its construction loan in place, will very likely be canceled.

Tags: bal harbour, condo, Richard Meir Beach House, surf side