How Post-Surfside Legislation Is Reshaping Florida Condo Ownership

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Florida’s condominium market is experiencing a significant structural shift as associations navigate mandatory post-Surfside safety laws, including milestone inspections and fully funded reserves. The regulations, enacted following the 2021 collapse of Champlain Towers South, mandate 30-year structural inspections (25 years for coastal properties) and require associations to establish full reserve funding for structural maintenance. Data indicates that nearly 750 buildings statewide are likely past due for compliance, creating financial strain and operational challenges ...

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Miami Is Now More Expensive Than New York City

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The long-held narrative of South Florida offering a budget-friendly alternative to New York has officially shifted. According to recent data from the U.S. Bureau of Economic Analysis, the Miami-Fort Lauderdale-Palm Beach metropolitan area has officially surpassed greater New York City in overall cost of living. Fueled by a staggering 36% jump in the regional Consumer Price Index since 2019, a rate of inflation outpaced nationally only by Tampa, South Florida now ranks as the second most expensive metro area in the United States, ...

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