Florida Faces Condo Foreclosure Surge After Special Session Implosion

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

In this episode of the Miami Condo Minute™ micropodcast, host Peter Zalewski – founder of the Miami Condo Investing Club™ – discusses the implosion of the Florida Legislature’s Special Session that was requested by Gov. Ron DeSantis (R) to deal with pressing issues, including providing relief for cash-strapped condo owners facing skyrocketing fees.

During the nearly six-minute podcast, Zalewski explains how things went sideways for condo owners who were hoping for a government bailout or deadline extension during the Special Session.

He also reflects on a prediction by State Rep. Mike Caruso (R-Delray Beach) who said that Florida is on the brink of seeing a surge in condo foreclosures beginning as soon as March.

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If you are seeking information on condo resales in South Florida, please visit CondoVulturesRealty.com or call the office at 305.865.5859.

The views and opinions expressed in this report is for general informational purposes only. It is believed to be accurate and complete based on current market trends but cannot be guaranteed or warranted as circumstances change without notice. It should not be considered as financial, legal, tax or investment advice. This content should not be relied upon as the sole basis for making any financial decisions. Before making any investment or financial decisions, you should consult with a qualified professional to determine the suitability of any investment or strategy for your individual circumstances and goals.

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