realestate

Florida Condos in Decline: Potential for Redevelopment

Miami court ruling sparks debate over condominium termination rights

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Miami court ruling has sparked concerns about condominium terminations, amidst a broader crisis in Florida's condo market. The Surfside building collapse last year exposed deep-seated issues with safety and maintenance, prompting new regulations that are increasing costs for owners and deterring potential buyers.

Abandoned Florida condos in decline, potential for redevelopment and revitalization efforts underway.