Published by Peter Zalewski
7/26/2024 
3:50:48 AM 
Our five-part series on the Florida Condo Law was scheduled to end with this issue of the Miami Condo Market Intelligence Report™.
Given the role that the Structural Integrity Reserve Study (SIRS) is expected to play in the looming 2025 Florida Condo Association Financial Cliff, we have decided – based on the tremendous response from readers – to dedicate this week’s newsletter solely to SIRS.
In doing so, we hope to assist readers to better understand what a SIRS is, what it requires of associations and what it will do to condo maintenance fees and special assessments next year and beyond.
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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.
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