From a tweet by Ingrid Casares today: "My family is selling our brand new unit on the top floor of ST REGIS in bal harbor. Any interest please let me know."

https://twitter.com/#!/ingridcasares/status/169447989729968128

Luis Miguel singing the blues over Bal Harbour condo deal

Gregg Fields
Daily Business Review
February 23, 2012
Famed Latin entertainer Luis Miguel claims the developer of the luxury St. Regis Bal Harbour condo made changes to the design of the building and amenities, and he wants his $1 million deposit returned. The developer refused, and Miguel responded with a breach of contract suit.

http://www.dailybusinessreview.com/PubArticleDBR.jsp?id=1202543200137&rss=dbr

Andre Agassi flips luxury Bal Harbour condominium for $400,000 profit

Daily Business Review
February 27, 2012


About a month after paying $4.8 million for a luxury condominium in Bal Harbour, tennis great Andre Agassi sold the same unit for a $400,000 profit on Feb 10, according to Miami-Dade County records.

http://www.dailybusinessreview.com/...ury_Bal_Harbour_condominium_for_400000_profit

The Sun Shines Again in Miami

New York Times: Real Estate

By ALEXEI BARRIONUEVO

Published: March 1, 2012


The St. Regis, a luxury development in Bal Harbour that opened last year with 245 condo units and a hotel, sold 5 units together, combined into a full floor of 14,400 square feet, for $20 million, said John Manrique, the vice president for sales and marketing.

“Several buyers have been requesting bigger units,” he said. “About 14 months ago we went back and looked at what we could combine.”

About 70 percent of the St. Regis’s sales — with an average price of $3.8 million for about 3,300 square feet — have been to international buyers, most from South America but also some Italians, Britons and Canadians, said Jim Cohen, the vice president for residential sales.

Thomas Kramer, a German real estate developer who lives on Star Island, said buyers had recently signed contracts on two penthouses in Bal Harbour that are each in the $20 million range. “You are going to see a market explosion,” he said. “And not one of the buyers is American.”

http://www.nytimes.com/2012/03/04/realestate/the-sun-shines-again-in-miami.html

St. Regis Bal Harbour New Condo Sales Top $623 Million In 7 Months

New condo transactions at the St. Regis Bal Harbour Resort & Residences on the barrier island in Northeast Miami-Dade County are off to a rapid start, with nearly 170 units trading for more than $623 million in the first seven month of sales, according to a new report from CondoVultures.com.

Buyers purchased nearly 435,000 square feet of livable space in the St. Regis Bal Harbour Resort & Residences at an average price of more than $1,435 per square foot between Nov. 15, 2011 and June 4, 2012, according to an analysis of Miami-Dade County records.

http://www.condovultures.com/News/ViewArticle/tabid/77/ArticleID/74048/Default.aspx

Welcome to the new hotel Indeed.

Condo sells at St. Regis Bal Harbour for $24.6 million

http://therealdeal.com/miami/blog/2...st-regis-bal-harbour-closes-for-24-6-million/