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Tag Archives: Real Estate Market Broward County Florida

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

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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

The beach.

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

High rise condos on the coast.

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!

South Florida Real Estate Market Update for July

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The MIAMI Association of REALTORS recently released some data that describe the current state of the South Florida real estate market.

One of the group’s biggest conclusions was that Broward housing inventory has fallen below a six month supply. Keep in mind this is averaged out for all price ranges, however when it’s broken up in different price range categories from like $1-2 Million, or $2-3 Million and up the picture is much different as there are more month’s supply, in other words the the higher the price range, the more inventory there currently is.

For example today in Broward County we have approximately 83 months supply of single family homes over 3 million dollars and less than 4 months supply for single family homes less than 300,000.

The group found that inventory of residential listings in Broward County fell by 27 percent – or from 20,143 in May 2010 to 12,742.

Comparatively, total housing inventory nationally only fell by 1 percent.

This is great news for interested South Florida home sellers.  After all, as there become fewer homes there are on the South Florida real estate market, demand for South Florida homes will inevitably rise.

When demand for South Florida homes rises, South Florida home sellers will have more bargaining room when it comes to selling their South Florida home.

More Information on the Current State of the South Florida Real Estate Market

Here’s some additional data that the MIAMI Association of REALTORS recently released:

  • Condominium sales in Broward County increased from 1,348 in May 2010 to 1,537 in May 2011.  That’s a 14 percent increase year-over-year.
  • Single-family home sales increased by 6 percent – or from 1,078 in May 2010 to 1,142 in May 2011.
  • Cash transactions made up 60 percent of all closed residential sales in May
  • Statewide, condo sales increased by 17 percent while single-family home sales increased by 3 percent.
  • Meanwhile, national homes sales decreased by 15.3 percent during that same period.
  • The average sales price of condominiums on the South Florida real estate market increased by 3.7  percent from May 2010 and May 2011.
  • The average sales price for single-family homes on the South Florida real estate market decreased by 2.3 percent from May 2010 and May 2011.
  • Statewide, the median sales price for condos increased by 2 percent from May 2010 and May 2011.
  • Statewide, the median sales price for single-family homes decreased by 5 percent from May 2010 and May 2011.

Entering the South Florida Real Estate Market as a Home Seller

If you’ve been considering selling your South Florida home, now is a great time to do so!

As the inventory of South Florida homes for sale continues to decrease, South Florida home sellers will have more of a say when it comes to setting a sales price.

As a South Florida real estate expert, I’ll be happy to walk you through what I can do for you as a South Florida home seller.

This includes answering any questions you might have, developing an aggressive South Florida marketing plan for your home, and providing you with such South Florida home selling resources as:

Until next time,

Scott