Thorpe Sotheby's International Realty announced this month it will extend to a select group of luxury hoteliers and investors the opportunity to acquire the last developable oceanfront site in the Village of Bal Harbour, Florida.

The Bal Harbour Beach Club hotel-marina site totals 16 acres, and is located on the world famous Collins Avenue within the confines of one of the world's most prestigious and exclusive communities. This ultra luxurious site also offers for the first time the 10.5 acre, 36 slip Bal Harbour Yacht Club on Biscayne Bay. The marina is directly accessible via a greenway from the Bal Harbour Beach Club hotel parcel.
Slips can accommodate yachts of 140' plus with direct ocean access. Known as "The Playground of the Rich and famous" Bal Harbour offers one of the most exclusive shopping destinations in the world only seconds away. Ranked "#1 Most Productive Shopping Center in the US" by Women's Wear Daily, the Bal Harbour Shops rivals Beverly Hills, Paris and St. Tropez.

According to Michael Thorpe, owner, Thorpe Sotheby's International Realty, this is a once in a lifetime opportunity to create an Ultra Luxury Marquee Oceanfront Resort -Marina development with direct private Atlantic Ocean beach access. "The Bal Harbour Beach Club client stated that our affiliation with the Sotheby's International Realty® brand was a major factor in listing this exceptional Marquee Hotel-Resort Marina parcel for sale with our firm," he said. "The Sotheby's International Realty brand affiliation will help the firm attain a broader international reach and global awareness in this competitive real estate environment."

The Sotheby's International Realty network currently has more than 10,500 sales associates located in more than 500 offices in 38 countries and territories worldwide. The Bal Harbour Beach Club-Marina / Thorpe Sotheby's International Realty listing will be marketed on the sothebysrealty.com global Web site. In addition to the referral opportunities and widened exposure generated from this source, the seller will benefit from an association with the Sotheby's Auction House and worldwide Sotheby's International Realty marketing programs.

About Bal Harbour:

Bal Harbour sets the standard for vacationing in style. The recently completed Regent Bal Harbour Hotel and soon to be completed St. Regis Hotel are the only two luxury vacation accommodations in the Village. The St. Regis Resort and Residences will be only the second hotel development built in the Village over the last 50 years. Luxury accommodations in Bal Harbour have been limited and the new Regent Hotel and soon to open St. Regis Hotel will add only an additional 343 hotel rooms. The 343 hotel rooms are actually a net reduction from the 645 rooms previously located in the Sheraton, which was demolished.

Forbes Magazine recently named Bal Harbour one of America's top second-home locations. Despite the country's softening housing market, spots like One Bal Harbour which have condos listed from $1 million to $11 million which were completed in 2005 sold within two years.

The Bal Harbour Beach Club parcel is offered at $225,000,000 and Bal Harbour Yacht Club Marina is offered for the first time at $60,000,000.
Participating Broker inquiries invited.Financing available.

For additional information please visit www.TheBalHarbourBeachClub.com online or call
Peter Tobia, Sales Associate at (908) 331-0669.

Contact:
Peter Tobia
Thorpe Sotheby's International Realty
675 Beachland Boulevard Vero Beach, FL 32963
(908) 331-0669
[email protected]

Peter Tobia
908-331-0669
Thorpe Sotheby's International Realty

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