The woes of the real estate market troubled most of America, but one bit of Florida real estate seems to have an immunity. The village of Bal Harbour on its strip of island separating Biscayne Bay from the open Atlantic has retained its value throughout the real estate crisis. Many of the village's residences are condominiums with views of the ocean or of the bay and the Miami skyline. The demand for these residences remains at a level that is almost stratospheric. Bal Harbour condominiums are not the average residence, not even for Miami Beach. The newly build St Regis Bal Harbour condo, for instance, features units up to 5000 square feet in size with eleven foot wide balconies. The complex sits between 1000 feet of white sand beach on one side and on the other the famous Bal Harbour Shops, where locals browse at Gucci and Saks Fifth Avenue. The staff can supply meals 24 hours a day, and housekeeping, laundry and dry cleaning and pet and child care services are all available. Immediately across the bridge from Bal Harbour is Haulover Park, with a 9-hole golf course, a marina, tennis courts. Just offshore in Biscayne Bay lies the exclusive Indian Creek Country Club with its 18-hole course and magnificent ocean views. Bal Harbour is a world apart, and it is a wonderful world to live in. As all the oceanfront land has now been developed, its reputation for exclusivity and the value of its properties can only increase.
This place absolutely takes my breath away. I will never have millions of dollars to spend on a place like this but it would be an amazing place to visit! It is like the places I dream of living someday though. Is there a place you have always wanted to live or visit?