ONE Bal Harbour Condos, Resort and Spa

When you think of exclusive real estate and luxury living in Miami, Bal Harbour always comes up….and that undoubtedly leads to One Bal Harbour Resort & Spa.  The site was home to The Old Harbor House that many of us remember from years ago because of the incredible boardwalk that leads to one of the most beautiful and secluded shores in Miami Beach.  The building is nothing short of fantastic and takes advantage of endless views of the Haulover Inlet and The Atlantic Ocean.

Anyone that knows me KNOWS that I’m all about the views and that’s why One Bal Harbour Condo is one of my faves.  The lobby and common areas are not overstated and I assume done modestly as not to appear pretentious but instead classy and low-key, very similar to the profile of the European and South American buyers the condo attracts.

Of course I have to mention the architects – NBWW, or Nichols Brosch Wurst Wolf and Associates, formerly (Nichols Brosch Sandoval and Associates) – known mostly for their hotel architecture and done local projects like Fontainebleau II and III, The “W” Hotel in South Beach and The Loews Hotel, to mention a few.  The truth is that the floor plans work – although not as clean and simple as I prefer, I was taken aback by the framing of the views (which is major brownie points in my book).  The building is a bit labyrinthian in nature, but I love the location and also the location (now you know why my kids think I exaggerate).

So here’s the 411:

Out of 124 total condo-hotel units at One Bal Harbour Resort & Spa, there are 40 units left in inventory.  What’s amazing here is that the prices start at $700/per square foot and the units are totally furnished and decorated with mahogany wood floors, stone counters, leather accents, custom artwork by Jay McCafferty and Darren Waterston, plasma TV’s as well as fully equipped kitchens.  The residences are either 550 square foot studios or 1100 square foot one-bedroom suites (or combo of both).  They all come fully furnished and equipped and hotel rental program is optional.

Many of you will call to discuss cap rates and rental income, but as I have explained before with condo-hotels, we are only allowed to sell the real estate and prohibited from discussing economic tax benefits from rental arrangement or projections on rental income – we can, on the other hand, arrange a meeting with the party in charge of the rental aspect of the condo-hotel.

So you can own a spectacular studio starting in the $350,000’s or a one bedroom in the $750,000’s – not bad when you compare to prices in other “exclusive Miami Beach Condos”.

I love when I can share distributions with our readers – here are some rendered floor plans for you to see the flow of the residences.

One Bedroom Suite

2 Bedroom Suite

Studio

One Bal Harbour was built in 2007 and the Interior Designers were Culpepper, McAuliffe and Meaders.  Building amenities include restaurant (One Blue Restaurant) • 10,000 square foot L’Institute de Guerlain Spa • Oceanview pool and beachfront cabanas • Beachside service

The Developer description reads as follows:

The ultra-chic oceanfront ONE Bal Harbour Hotel & Spa is located on teh northeastern end of Bal Harbour Village, bordered by Baker’s Haulover Inlet and the Atlantic Ocean.  Almost 750 feet of pristine beachfront and world-class amenities on a spectacular five-acre site only 15 minutes away from renowned South Beach and right next the exclusive Bal Harbour Shops.  Our Bal Harbour hotel offers easy access from both Miami and Fort Lauderdale International airports.

Innovatively modern in design with a curved shape and glass exteriors, our 18-story Hotel elegantly combines state of the art technology, refined and peaceful contemporary interiors, unique custom made artwork and an exquisite ambiance for those expecting nothing but perfection.”

Miami Beach Luxury Real Estate – St. Regis Resort & Residences – Bal Harbour

In the middle of what many are calling a Miami housing slump, there are on-going developments like The St. Regis Resort & Residences in Bal Harbour. Total luxury, the best amenities, and a perfect location for your vacation getaway, indulging lifestyle and elegant living.

Experience the future of Legendary Luxury. St. Regis Resort & Residences, Bal Harbour is a peerless haven of oceanfront elegance; quiet, unwavering taste; and anticipatory service.

Legendary Luxury

St. Regis Resort & Residences, Bal Harbour is a medley of personalized service, exquisite design and unmatched amenities that create a lifestyle like no other on Florida’s Gold Coast. Just steps away from the famous Bal Harbour Shops and minutes from the whirlwind energy and Art Deco magic of South Beach, St. Regis Resort & Residences, Bal Harbour is a world of compelling amenities and impeccable standards.

This Miami Beach Luxury Real Estate project is currently under construction and the site is where the known Sheraton Bal Harbour that attracted people from all over the world because of its magnificent beaches, once stood – 9 acres of stunning oceanfront property. I feel a bit nostalgic about this project because of the fond memories I have at The Sheraton, but know The St. Regis will do those memories more than justice. Also good for you to know that the project is self-financed by Starwood Hotels & Resorts Worldwide, Inc. and The Related Group, which makes the estimated completion date of “end of 2010″, very believable. The location is 9701 Collins Avenue, Florida 33154.

The pricing is high, no questions about it. According to a St. Regis’ sales representative it is 2-3 times what everybody else is, but justified by the land, amenities and because it is a “trophy property”. The average price per square foot is $1650 – properties range between $2,000,000 and $11,000,000 and the best sellers are the biggest and most expensive units. Maintenance fees will range between $1.05 to $1.15 per square foot.

Because it is under construction, I wasn’t able to give you my eagle-eye critique on finishes but the fact is that this project architects are Sieger Suarez Architects, and interior design done by Yabu Pushelberg, the same ones that designed Apogee in South Beach. There is a sales office where you can see sample finishes, including kitchen, bath and living room (pictured above).

St. Regis Residences

• extraordinary one, two and three-bedroom private residences
• Panoramic windows offer expansive ocean and bay views
• spacious outdoor balcony “living rooms” invite easy relaxation and carefree entertaining
• Contemporary five-fixture master bathrooms feature walk-in shower and expansive marble surface treatments throughout
• premium kitchen appliances and European style cabinetry
• pre-wired for state-of-the-art communications and other control systems, including up to four double telephone lines, satellite or cable provider
• 10′ ceiling heights
• Residential pool areas available exclusively to owners and their guests
• dedicated residential porte-cochere and interior lobby custom designed by Yabu Pushelberg

The St. Regis Hotel-Condominium Residences (condo-hotel)

• fully furnished condo-hotel residences will convey the inimitable style of award-winning interior design firm Yabu Pushelberg
• Spacious executive suites, one-bedroom suites and convertible two-bedroom suites
• Breathtaking ocean views
• integrated, self-contained Midnight Kitchenette
• spacious outdoor balcony “living rooms” expand your leisure and entertaining horizons
• State-of-the-art intelligent controls for climate, lighting, window shades, and in-room electronics
• walk-in closets with integrated European wardrobe cabinetry
• Four-fixture bathrooms featuring a walk-in shower with richly finished marble floors, vanities, and walls.
• Digital Video On Command (DVOD)
• Wired and wireless High-Speed Internet Access
• Hands-free telephones
• Personal safes large enough to accommodate a laptop computer
• 10′ ceiling heights
• Owner lock-out closet for secure storage of personal items

Services and Amenities

• Remede Spa
• 24/7 St. Regis Concierge team to assist with all arrangements and requests
• Celebrated St. Regis Butler Service
• 24-hour valet parking
• 24-hourr security
• 24-hour in-room dining service
• Bellman
• Busines services
• Full-time maintenance staff
• Newspaper delivery
• Preferred access and signing priviledges for owners
• Housekeeping
• Pre-arrival provisioning/grocery shopping and delivery
• In-room catering
• Personal chef
• Dry-cleaning and laundry services
• Plant care maintenance
• Overnight shoe shine
• Pet services
• Access to St. Regis events
• Shopping bag pick-up service from Bal Harbour Shops
• Oceanfront cabanas with flat-panel televisions, mini bars, ece makers and Wi-Fi connectivity
• Signature restaurants
• exclusive beach access
• state-of-the-art business center
• executive meeting rooms with integrated audio visual systems
• a Grand Ballroom and premier banquet facilities
• St. Regis Kids’ programming
• Preferred theatre, events, sports tickets
• Courier services
• IT personal support assistance
• Translation services
• Personal security

At the pool & on the beach: services and amenities

• refreshing cool-mist spritzers at the pool and beach
• revitalizing cold towels poolsize
• Gourmet lunch boxes for beach picnics
• Oceanfront cabanas with flat-planel screen televisions, mini bars, ice makers, and WiFi connectivity for laptops
• Pool bar and grill

Around town: services and amenities

• Personal chauffeur and limousine services
• Shopping bag pick-up service from Bal Harbour Shops
• St. Regis Personal Shopping Services and VIP invitations to exclusive trunk shows

Remede Spa

• A haven of pampering indulgences and advanced treaments
• Complete offering of spa treatments including customized facials, massages, body treatments, waxing and nail services based on the exclusive Laboratoire Remede skincare line
• The convenience of in-room treatments
• Steam, sauna and jacuzzi
• Couple’s room
• Vichy shower room
• Deluxe body treatment room

Fitness

• State-of-the-art cardio and strength training equipment
• Certified personal fitness instructors
• Nutritionist services

Dining

• Signature restaurants
• St. Regis signature wine bar
• Pool bar and grill
• 24-hour in-room dining service

NOTE: If you are interested in getting a full-color brochure and additional information sent to you about St. Regis Resort and Residences, Bal Harbor, please e-mail us at info@miamism.com with your name and address and will be happy to make the arrangements (all information will be kept confidential)

*renderings courtesy of St. Regis Resort & Residences – Bal Harbour*