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Units in the 60-year-old Flagler Cove condominium, outlined in red, sold for more than $1 million in 2023 to the developer of Alba Palm Beach, a new luxury condominium two lots south of Flagler Cove.
The WSJ reported condo inventory for sale in South Florida has more than doubled since the first quarter of 2023, to more than 18,000 units today, due to either rising insurance costs or repair ...
The smallest condo spanned 4,000 square feet (370 m 2), and the units were listed for sale at an average price of $125 per square foot ($1,350/m 2). [137] To attract tenants, Serra and Gee offered to split up existing condo units and install new floors, and they gave commercial tenants their own lobby. [ 51 ]
The south tower, which opened in 2002, is 471 ft (143 m) tall and has 40 floors. The north tower, which opened in 2008, has 37 floors. [1] [2] Both towers were developed by Ian Bruce Eichner's The Continuum Company, LLC. [3] The Continuum is an oceanfront property with 26 different condo floor-plans and 5 different townhouse floor-plans.
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.
Editor’s Note: Help is available if you or someone you know is struggling with suicidal thoughts or mental health matters. In the US: Call or text 988, the Suicide & Crisis Lifeline.
Since then, the term ‘condominium’, or ‘condo’ for short, has become a household word in the U.S. [48] Many Americans' first widespread awareness of condominium life came not from its largest cities but from South Florida, where developers had imported the condominium concept from Puerto Rico and used it to sell thousands of inexpensive ...
Between gorging on fresh fruits, the pandas got to play on a big new toy, a new car. This photo shows giant pandas Mang Cancan and Mang Zai taking it for a test drive.