Miami Beach Vintage Condos Offered At 58% Discount At Peak Of Winter Buying Season

Vintage condos are units located in buildings that are at least 30 years old. Florida requires Vintage condo buildings to undergo strenuous Milestone Studies to ensure life safety for residents.

Vintage Condos represent about 65 percent of the resale market in Miami Beach at the start of the 2025 Florida Condo Association Financial Cliff. (Photo courtesy of Google Maps)

Asking prices for Vintage condos are listed for about 58 percent less than the Overall average condo resale price in Miami Beach at the peak of the 2024-25 South Florida Winter Buying Season, according to an analysis by the buyside brokerage CondoVulturesRealty.com.

A vintage condo is not an industry designation but rather a term we began coining in August 2024 to identify older units that have existed for at least 30 years.

In the wake of the Surfside condo collapse, Florida requires these older buildings to undergo a strenuous Milestone Study conducted by licensed engineers and/or architects before reaching their 30-year anniversary of receiving a Certificate of Occupancy (CO).

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As a reminder, we are always available for consulting, expert witness work and buyside brokerage services just as we have been since 2006.

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 are 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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