South Florida Awash With 11 Months Of Vintage Supply At Start Of Condo Cliff

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

South Florida Vintage Condos are flooding onto the resale market at the start of the 2025 Florida Condo Association Financial Cliff (Photo courtesy of CVRRealty.com)

Nearly 70 percent of the condo units listed for sale in the tricounty South Florida region of Miami-Dade, Broward an Palm Beach are located in Vintage buildings that are at least 30 years old.

Vintage condo listings account for more than 17,700 units of the nearly 25,315 total units listed for resale as of Jan. 11, 2025, near the peak of the 2024-25 South Florida Winter Buying Season that stretches from November though April.

Vintage condos are listed for an average price of nearly $430,030 per unit and about $355 per square foot.

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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 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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