The Beach Club at Hallandale: Buyers at the Ready

Oct. 9, 2009 - PRLog -- A two bedroom corner unit is listed for sale at $430,000. Spanning 2,078 sq. ft, the residence boasts direct ocean views and is outfitted with marble floors, granite countertops a Jacuzzi tub and a large 460 sq. ft. terrace. Within a three day period 70 offers are made, with one buyer outbidding the next. The condo eventually sells for close to $600,000—almost $170,000 above the list price.

Sounds like a story from the heydays of the housing bubble, but in fact this buying-frenzy over a bank-owned unit happened just one month ago at the Beach Club in Hallandale Beach, Florida.

Now that the real estate market has experienced a correction and is starting to show signs of life once again, savvy home buyers are eager to be the first on the scene. And It’s not just the distressed properties that are selling, says David Koster, an on-site Broker Associate at The Beach Club at Hallandale.  In fact, the majority of the sales at The Beach Club during the past year were neither short sales nor foreclosures.

The Beach Club in particular, has the highest sales volume on the beach in South Florida, says Koster. Ten sales were recorded for the month of July, 8 in August and 17 others went pending in the last 90 days but have not yet closed. "We expect this season to be the busiest yet."

The Beach Club
The Beach Club, a Related Group development completed in 2007, is comprised of three towers situated on nine acres of beachfront property. Designed by renowned architectural firm Sieger Suarez and interior design team Yabu Pushelburg, the Beach Club offers resort-style amenities such as a 50,000 square foot spa & fitness center overlooking the ocean, five infinity-edge swimming pools, a poolside grill & juice bar, spa treatments, exercise classes, valet, concierge, and chair service at the pool and by the beach.  

The residences feature high-end appliance packages, European-style kitchens, marble baths and majestic ocean & city views. The residences range in size from 811 to over 4,000 sq ft, offering something for everyone.  

For more information, please visit http://www.YourBeachClub.com

David Koster
An onsite sales specialist at the Beach Club, David is a seasoned industry professional and has successfully brokered millions of dollars of real estate transactions during his career. He is a licensed Broker associate with Related Cervera Realty Services [RCRS].

RCRS
Responsible for the sales and marketing of many of South Florida most successful and prestigious condominium developments from Miami to Palm Beach. The company represents some of the hottest developments, including The W and Apogee in South Beach, St Regis in Bal Harbour, Trump Hollywood and Ocean Four on Sunny Isles Beach.

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Karen is freelance journalist with interests in South Florida Real Estate & Investing, Travel and related subjects. She is a seasoned Real Estate investor & globe trotter.