Published by Peter Zalewski
10/13/2024 
3:22:39 AM 
Are you thinking about buying – or providing financing for – a condo unit in Florida?
If so, forget everything you have heard about location, location, location being the primary factor in deciding where to invest.
In fact, you can also disregard a unit’s view and price until after you determine whether or not a prospective new unit is in a condo building that is safe.
How do you do that?
This is the issue that owners, buyers and lenders are all trying to figure out in the aftermath of the Surfside condo collapse in 2021.
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.
Confused about whether it is the appropriate time to buy or sell a condo in South Florida? The experts at CVR Realty are here to assist you in crafting a strategy during this uncertain time. Unlike many brokers offering services, our organization has been through the cycles and can assist you to capitalize on the situation.
For a free consultation, please contact the South Florida Condo Experts
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