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Bayfront Miami condo tower embroiled in legal battle over major assessment

/ Owner - February 15, 2023

A bayfront Miami condominium in need of repairs is in a legal fight pitting unit owners against the condo association.  The 27-story, 235-unit Palm Bay Yacht Club made headlines last week over a proposed $46 million special assessment to fund repairs required for the property’s 40-year recertification. A group of 10 unit owners filed a lawsuit in October against the Palm Bay Yacht Club Condo Association, affiliates of the property management firm AKAM and other companies, alleging fraud and negligence.    Read the article………………………..

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