Tag Archives: Real Estate Market

Scott’s Picks: Your Personal Guide to Luxurious Beach Living in Bal Harbour

access_timeAugust 29, 2019personScott Patterson

Luxurious Beach Living in Bal Harbour includes gorgeous beachfront condos.

Bal Harbour is one of South Florida’s premiere destinations for upscale waterfront living. With plenty of communities to choose from, there are a wide variety of options to explore.

Each area has its own lifestyle and perks, so it may seem hard to find the perfect place. Don’t worry, though—I’ve got extensive guides to the ins and outs of all of the top communities. Let’s check them out!

Balmoral

Luxurious beach living in Bal Harbour involves living in buildings on the coast.

Looking for a waterfront condo with 360 degree views of the ocean? Then Balmoral may be the spot for you. Towering 21 stories above Collins Avenue is Balmoral, a tight-knit condo community that faces sandy beaches and is close to amazing shopping and dining opportunities.

Units in Balmoral range from 1,300 to 2,000 square feet, so you’ll be able to find a layout that best suits you. You’ll also find fantastic amenities, such as multiple parking spaces, marble flooring in every unit, swimming pools, a library, and a fitness center.

Looking for things to do near Balmoral? I recommend the Bal Harbour Shops, situated a stone’s throw away from the community. You’ll find stores like Louis Vuitton and Tory Burch, as well as restaurants like Makoto and Carpaccio.

Bellini

If you’re looking for an expansive, high end condo with beachfront views and proximity to some of Bal Harbour’s best amenities, the Bellini community is a perfect fit.

Situated on Collins Avenue, you’ll find yourself immersed in the best that Bal Harbour has to offer. With units varying from 2,918 – 9,000 square feet, Bellini has a floor plan for everyone. These condos offer more space than most, so if you’re looking to spread out and relax by the beach, you have to explore these units.

Amenities include a fitness center and custom-designed spa, a residents-only cafe, Italian gardens, concierge and valet services, and a heated pool.

One Bal Harbour

Searching for some of the highest standards of luxury living in Bal Harbour? Look no further than One Bal Harbour, a master-planned condo community that commands gorgeous beachfront views.

This 26-story luxury condo building on Collins Avenue is truly made for those with the most discerning taste. Units here range from 510 – 8,000 square feet, which means you’ll find some of the most diverse options. Bal Harbour One offers its residents room service, valet parking, concierge, pet care, and a 10,000 square foot Guerlain spa.

One of the biggest perks of One Bal Harbour is its five-star restaurant. That’s right—to experience Bal Harbour’s best cuisine, you won’t even have to leave the community! Check out Artisan Beach House’s locally sourced cuisine today—and if you live there, you can eat it any time you want!

St. Regis

Luxurious beach living in Bal Harbour means having access to the beach whenever you want.

New construction, gleaming towers, beachside views, and enviable amenities: all of these things can be found at St. Regis. This newer condo community offers access to both the Atlantic and Intercoastal Waterways.

There are plenty of different units to choose from in St. Regis. This condo community has units from 1,310 – 14,100 square feet, so from penthouse to one bedroom, you’ll find exactly what you’ve been dreaming of. Amenities include a full health and fitness center, stunning beachfront views, fully landscaped grounds, concierge and security services, and massive balconies.

One of the unique perks of the St. Regis is its Bar and Wine Vault. If you’re seeking an experienced sommelier to introduce you to some of the best wines, you’ll find everything you’re looking for and more.

Ready to find your next dream beachfront condo?

Real estate agents finding clients the best deal.

If you’re looking to kickstart your luxurious beach lifestyle, it’s time to contact a Bal Harbour area expert. I’m Scott Patterson, and I have the tools you need to find your dream condo. Beachfront living is only a phone call away, so contact me now with any questions you may have. Don’t wait—the sun and sand is only a few clicks away!

Need more advice on buying or selling your home in South Florida? Explore my website to get started!

A Look Back at South Florida Real Estate Activity in 2011

access_timeJanuary 26, 2012personScott Patterson

The year 2011 was marked by increasing sales volumes, international home buyers using cash only and depressed home prices, according to a recent report from the Miami Association of Realtors.

Continue reading to learn more about how the South Florida real estate market fared at the end of 2011 – and what local real estate experts are predicting for 2012.

Florida Homes for Sale in the Aventura, Hallandale and Golden Beach Areas

Here’s an overview of some of the trends that South Florida REALTORS saw on the local housing market in 2011:

International home buyers spent about $3.5 billion in cash on distressed South Florida real estate
Although home sales increased and the total housing inventory decreased in South Florida, home prices remained relatively stagnant.
The South Florida rental market saw growth as former home owners became renters.
The home inventory in South Florida dropped to 28,000, or by about 40 percent.
Meanwhile, the shadow inventory of foreclosed homes that are not listed for sale yet increased to more than 200,000.
South Florida existing home sales increased at a slower rate than earlier in the year, although median home prices began to increase.
In Miami-Dade County, there were 1,064 condo sales in November, up 2 percent from November 2010.
Meanwhile, single family home sales increased by 11 percent year-over-year, to 755.
In Broward County, there were 1,089 condo sales in November, down 1 percent from November 2010.
Meanwhile, single-family home sales increased by 22 percent year-over-year, to 961.

Analysts are cautiously optimistic about what 2012 will bring for the South Florida real estate market.

While some believe that there isn’t likely to be any real market rebounds until 2013, others believe housing market activity will improve considerably in 2012.

Here are three predictions that the Miami Association of Realtors made for the new year:

Home prices will remain low. Experts believe that the high number of distressed properties on the market will keep home values depressed. As an illustration, more than half of all South Florida home sales in November involved a foreclosure or short sale. In a normal market, those types of properties would have made up less than 5 percent of sales.
There will be an increase in foreclosed properties on the South Florida real estate market. In 2011, there was a slowdown in foreclosed properties entering the market as banks dealt with a backlog of court repossession paperwork. But experts predict that slowdown will end in 2012, possibly dragging down home values further.
More people invest in the rental market, fueling South Florida home sales. While it may seem counter intuitive, an increasing number of South Florida investors are buying homes to turn them into rental properties because of the high demand for rental properties in the area. This in turn is helping create activity on the local real estate market.

Your South Florida Real Estate Expert

While we may not be out of the woods yet, there are plenty of signs to suggest that the sluggish South Florida real estate market is beginning to improve.

The year 2012 may become a turning point on the South Florida real estate market.

For expert advice on the best way to navigate the local housing market as a home buyer or a home seller, make sure to contact me, Scott Patterson.

As your South Florida real estate expert, I have extensive experience working in such local housing markets as:

Until next time,

Scott

South Florida Real Market Update September 2010

access_timeSeptember 19, 2010personScott Patterson

The number one question I get asked is “How’s the Real Estate market?” This South Florida Real Estate Market update video from the President of EWM Realtors Ron Shufflied provides great information for Buyers, Sellers and others to better understand our market from where we were 5 years ago and where we are today.

Feel free to call or e-mail me “Scott Patterson” with questions about your specific community or condo.