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The Miami Herald spoke with three real estate pros to share advice for owners contemplating condo buyouts or terminations, when at least 80% of residents in a building agree to sell to a developer ...
The Florida Legislature passed condo reform legislation in a May 2022 special session as Senate Bill 4-D, addressing issues highlighted in the aftermath of the Surfside collapse. [206] It was modeled on the 40 year recertification [207] scheme. [208] The bill creates a state-wide inspection program for condo buildings taller than three stories.
The Florida Bar has opened an investigation into possible wrongdoing by a Florida attorney whose manipulation of the foreclosure auction process was exposed in the Miami Herald.. The Bar complaint ...
The Carmonas are not the only victims of Kapoor’s defunct real estate ventures. The couple and more than 30 other Latin American condo buyers at URBIN’s Miami Beach project have lost about $10 ...
What is the median sales price of a condo? Miami-Dade County: $415,000, down from $416,000 in August 2023. Broward County: $275,000, the same as a year ago.
The financing model, popular in Latin America, is for the $170 million project is for at least 70% of the units are presold before construction begins, which ensures financing and reduces the likelihood of foreclosure. The tower is located in Miami's Brickell Financial District at 1330 Brickell Bay Drive.