Seven urgent challenges that Miami condos and owners have faced the past year (FL)

/ Owner - February 20, 2025

Miami condo living faces mounting financial and safety challenges, underscored by escalating repair costs, lawsuits and market instability. New structural integrity mandates, enacted after the Surfside collapse, have led to financial strains for condo owners, including special assessments and association fees. Legal disputes, such as those involving luxury towers in Bal Harbour, highlight issues of deferred maintenance, structural risks and misallocated funds.    Read the article…………………………….

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