Published by Peter Zalewski
10/20/2024 
6:59:16 PM 
This week’s Miami Condo Market Intelligence Report™ newsletter examines why some condo associations are refusing to comply with the looming deadline before Florida’s 2025 Condo Association Financial Cliff.
This is not to be confused with condo associations that are attempting to adhere to the law but struggling to do so due to the lack of experts available to complete the state-mandated Structural Integrity Reserve Studies (SIRS) before the end of the year.
“I’ve got clients that are saying, ‘I’m not complying with any of this,’” said Jose Pazos, the Founder and CEO of A-Smart Cam LLC management company in Miami during a recent interview on the fourth episode of the ”Special Report: Florida’s 2025 Condo Association Financial Cliff” podcast series. “‘Find a way around it because I’m not complying.’ It doesn’t matter what you tell them.”
Condo Market Inventory Tracker
A Snapshot Of Tricounty South Florida Region Of Miami-Dade, Broward And Palm Beach
| Databases | Active Listings | Months Of Supply |
|---|---|---|
| Condos | 24,016 | 10.2 |
| Luxury Condos | 3,740 | 15.1 |
| Shortsales | 30 | 15.0 |
| REOs | 126 | 6.6 |
| Rentals | 21,476 | 3.9 |
Peter Zalewski is a licensed real estate broker and consultant focused on the South Florida condo market. Zalewski is a former special contributor to the Miami Herald and a former real estate columnist for The Real Deal magazine. Zalewski now hosts the Miami Real Estate Investing Podcast that is available in audio and video wherever you get your podcasts.
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