Have Miami Beach Condo Sellers Begun To Capitulate As Supply Hits 15 Months?

For this week’s Miami Condo Market Intelligence Report™ newsletter, we examine the Miami Beach condo market at the halfway point of the 2024-25 South Florida Winter Buying Season that stretches from November through April.It is unclear at this point how the start of the 2025 Florida Condo Association Financial Cliff is impacting the City of Miami Beach market, which is defined as 87th Terrace south to South Pointe Drive on the barrier island, and the Atlantic Ocean west to Biscayne Bay and/or the Intracoastal Waterway.In anticipation of this pivotal year for Florida condos following new laws implemented in the wake of the Surfside tragedy, we dug into the current listings and the final 2024 condo statistics to evaluate how the Miami Beach market is performing.The metrics are not encouraging.Report: https: //peterzalewski.substack.com/p/have-miami-beach-condo-sellers-begun