St. Regis Bal Harbour Tops $758 Million In New Condo Unit Sales In 1st Year

St. Regis Bal Harbour Resort & Residences

BAL HARBOUR, FL -- New condo transactions at the St. Regis Bal Harbour Resort & Residences on the barrier island in Northeast Miami-Dade County are off to a brisk start, with more than 200 units trading for more than $758 million in the first year of sales, according to a new report from CondoVultures.com.

Buyers purchased more than 525,000 square feet of livable space in the St. Regis Bal Harbour Resort & Residences at an average price of nearly $1,450 per square foot between Nov. 15, 2011 and Nov. 30, 2012, according to an analysis of Miami-Dade County records.

Individual transactions in the ultra-exclusive project have ranged in price from less than $825 per square foot to more than $2,625 per square foot with units trading for between $1.35 million and $13.5 million, according to the report based on Miami-Dade Property Appraiser records.

 The St. Regis Bal Harbour Resort & Residences is comprised of three towers - each up to 27 stories - with nearly 500 condos, condo-hotels, and hotel rooms.

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Condo Vultures® LLC is a real estate consultancy and marketing company based in the 225 Midtown Building at 225 NE 34th St., Suite 209B, Downtown Miami, Florida, 33137. Condo Vultures® LLC can be reached at 800-750-0517.