St Regis Apartments is Bay Harbor Islands' classic-value waterfront condo: a seven-story, bayfront building at 9500 West Bay Harbor Drive, built in 1965 and long since converted to condominium ownership. The formula is simple and enduring — oversized one-bedroom, 1.5-bath residences of roughly 975 to 1,000 square feet with private balconies, impact windows, and water views, at prices the island's new towers can't touch. Recent resales have closed from about $355,000 to $445,000, and one-bedroom rentals have listed around $2,600–$2,700 a month. With a waterfront pool deck overlooking multimillion-dollar estates, a community room, and a location directly...
St Regis Apartments is Bay Harbor Islands' classic-value waterfront condo: a seven-story, bayfront building at 9500 West Bay Harbor Drive, built in 1965 and long since converted to condominium ownership. The formula is simple and enduring — oversized one-bedroom, 1.5-bath residences of roughly 975 to 1,000 square feet with private balconies, impact windows, and water views, at prices the island's new towers can't touch. Recent resales have closed from about $355,000 to $445,000, and one-bedroom rentals have listed around $2,600–$2,700 a month. With a waterfront pool deck overlooking multimillion-dollar estates, a community room, and a location directly across from the A-rated Ruth K. Broad Bay Harbor K-8 Center, St Regis Apartments remains one of the most accessible ways to own — or rent — on the water in Bay Harbor Islands. (Note: this is an independent 1960s condominium, not affiliated with the St. Regis hotel brand.)
No. Despite the name, St Regis Apartments is an independent condominium built in 1965 — it has no affiliation with the luxury St. Regis hotel brand or its Bal Harbour residences. What it offers instead is classic Bay Harbor Islands condo living: a well-maintained waterfront building with larger-than-average one-bedroom floor plans at a fraction of new-construction prices.
Recent resales show the market clearly: a 1-bedroom/1.5-bath unit around 975 square feet sold for $445,000, with other one-bedrooms listed from $355,000 to $420,000 — roughly $355–$456 per square foot. HOA fees run about $928 per month. For Bay Harbor Islands waterfront, that is among the lowest entry points on the island.
The rental market is active, with one-bedroom units recently listed around $2,600–$2,700 per month — spacious ~1,000-square-foot layouts that are significantly larger than most one-bedroom rentals in the area. Leases are typically 12-month terms with renewal options, and association approval is required. At these rents, the building appeals to young professionals and anyone wanting island living without island prices.
Yes — listings describe the building as pet friendly, which is a meaningful plus at this price point. As with any condo purchase or lease, buyers and renters should confirm current pet policies, deposits, and any size or breed guidelines with the association before committing.
St Regis Apartments offers a waterfront pool deck with views across the water to luxury estates, a community/clubhouse room, laundry facilities, bike storage, elevator service, and assigned parking. The building sits directly across from the Ruth K. Broad Bay Harbor K-8 Center and minutes from the beach, Bal Harbour Shops, dining, and houses of worship.
It doesn't try to compete with them — that's the point. Against 2017–2018 boutiques like The Ivory or The Palms, St Regis Apartments trades at roughly half the price per square foot, with larger one-bedroom layouts and a genuinely waterfront setting. Buyers get the Bay Harbor Islands zip code, the water views, and the schools — without the seven-figure commitment.
Older island buildings carry a well-known caveat — Florida's post-Surfside structural and reserve requirements — so prudent buyers will review the association's milestone inspection status, reserves, and any pending assessments. That diligence done, the math is compelling: larger floor plans, a waterfront pool deck, and a location across from one of Miami-Dade's best K-8 schools, all at a price point where the island's new construction barely starts. For first-time buyers, pied-à-terre seekers, and investors, St Regis Apartments is the entry ticket.
At St Regis Apartments, roughly $2,600–$2,700 in rent versus a $355,000–$445,000 purchase price, the rent-vs.-buy math deserves a real spreadsheet: HOA fees near $928 a month narrow the gap, but ownership builds equity in one of Miami's most supply-constrained waterfront zip codes. Either way, tenants and owners share the same waterfront pool deck, the same sunset views, and the same five-minute drive to the beach — which is precisely why Bay Harbor Islands has held its value for sixty years.
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| Unit | Price | FT2 (M2) | $/SF |
| 6C | $3,400 | 975 (90 m2) | $3 |
| Unit | Price | FT2 (M2) | $/SF |
| 7D | $3,250 | 1100 (102 m2) | $3 |
| Unit | Price | FT2 (M2) | $/SF | Sale Date |
| 2H | $399,000 | 1000 ft2 (92 m2) | $399 | 07/31/2026 |
| 6B | $495,000 | 975 ft2 (90 m2) | $508 | 07/17/2026 |
| 6F | $270,000 | 975 ft2 (90 m2) | $277 | 02/09/2026 |
| 7H | $430,000 | 1000 ft2 (92 m2) | $430 | 11/18/2025 |
| Unit | Price | FT2 (M2) | $/SF | Rented Date |
| 6A | $4,150 | 1100 ft2 (102 m2) | $4 | 08/07/2026 |
| 2G | $2,500 | 975 ft2 (90 m2) | $3 | 03/25/2026 |
| 7H | $2,550 | 1000 ft2 (92 m2) | $3 | 03/16/2026 |


