Miami Association Management

It was just a matter of time before skyrocketing insurance costs (and skyrocketing Condo Association fees to cover those costs) led to South Florida condo prices leveling out. Homeowners cannot afford the price increases on all fronts -- individual unit insurance, association master insurance/condo fees, and property taxes.

Florida’s Condo Prices Are Falling As Cost of Insurance and HOA Fees Skyrocket Florida’s condo market is faltering as the increasing intensity of natural disasters pushes up home insurance costs, and HOA fees soar in the wake of the 2021 Surfside condo collapse.

Miami is the place to be; the housing market in South Florida is still red hot 🔥. Miami Association Management can help your condo association thrive with professional financial and management services.

Standing proud: Miami developers race to erect city’s tallest tower Gil Dezer is among a cadre of Miami developers racing to build super-tall residences pushing the limits in what has historically been a mid-rise city.

Condo association assessments are increasing at a rapid pace to keep up with a sharp increase in the costs of building maintenance and insurance premiums. In theory it's a 'perfect storm' for developers, but high interest rates and steep construction costs are a limiting factor.

After the Surfside collapse, Florida is seeing a new condo boom The 2021 collapse killed nearly 100 people. Regulations passed since then have raised costs for those living in older buildings. Developers want homeowners to sell so they can put up luxury condos.