Bal Harbour properties are going to benefit greatly from upcoming new developments.
Bal Harbour has undergone a lot of change over the last 8 years, from a sleepy town to a soon-to-be ultra-luxury haven. Both the St. Regis Bal Harbour Hotel and Residences and Ritz Carlton Bal Harbour (formerly, One Bal Harbour) have raised the profile of the small luxury town, anchored by the infamous Bal Harbour Shops.
Three new ultra-luxury developments are coming to the Bal Harbour area in 2016. Oceana Bal Harbour, a 28-story tower on the Atlantic Ocean will be an exciting new addition to the area. In addition, FENDI Chateau, a 12-story boutique ultra-luxury development will be rising in Surfside, just south of Bal Harbour. Finally the Surf Club Four Seasons Hotel and Private Residences, which which is also located in neighboring Surfside but farther south will be giving the St. Regis a run for its money. Each of these buildings will raise the profile of the neighborhoods.
Once these buildings open their doors in 2016, all Bal Harbour properties are expected to gain in value. Take a look at some Bal Harbour, Surfside and neighboring Bay Harbour properties that are currently for sale below:
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