Florida Condo Owners On Brink After Key Lawmakers Reject Financial Lifeline

The Miami Condo Minute™ is a micropodcast by expert Peter Zalewski about the tricounty South Florida region of Miami-Dade, Broward and Palm Beach.

(GREATER DOWNTOWN MIAMI – Feb. 18, 2025) In this episode of the Miami Condo Minute™ micropodcast, host Peter Zalewski – founder of the Miami Condo Investing Club™ – examines the dwindling prospects of financial relief for cash-strapped unit owners struggling to stay afloat amidst Florida’s 2025 Condo Association Financial Cliff.

During the nearly nine-minute podcast, Zalewski discusses how a pair of key Florida lawmakers from Miami – House Speaker Daniel Perez (R) and Rep. Vicki Lopez (R) – reportedly rejected any type of financial “bailout” for condo associations burdened by skyrocketing maintenance fees and hefty special assessments, according to the Florida News Service.

Zalewski explains the possible economic impact, including a potential “doom loop” of falling condo prices and a spike in distressed units, which could affect property taxes and various services related to condo living.

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