Have Miami Condo Prices Peaked In Brickell Avenue Area?

In this episode of the Miami Condo Mondays™ live podcast, we discuss the juxtaposition of condo prices and rental rates in the Brickell Avenue Area of Greater Downtown Miami.Miami Condo Mondays™ is a live podcast hosted by Peter Zalewski of the Miami Condo Investing Club™ and veteran broker Jenny Huertas of CVRRealty.com providing an in-depth look at the latest residential real estate trends in South Florida.Recorded weekly in Greater Downtown Miami, the podcast offers a one-hour discussion on various real estate topics, including pre-construction condos, market trends and investment strategies.The hosts share their expertise, with Zalewski focusing on macro perspectives and Huertas offering micro insights from her on-the-ground experience.Tune in every Monday at 4 PM (EST) on the social media accounts of Zalewski and Huertas for insights on the latest trends in the South Florida condo market.This episode explores the Brickell Avenue Area condo market where supply has topped 18 months at the start of the 2025 Summer Buying Season that stretches from May through October, according to a recent report.Zalewski and Huertas explore the past, present and future of Greater Downtown Miami with an emphasis on the Brickell Avenue Area that stretches from the Eddie Rickenbacker Causeway north to the Miami River, and Biscayne Bay west to Interstate 95.During the 75-minute podcast, Zalewski and Huertas delve into Vintage condos that are at least 30 years old, the burgeoning preconstruction projects and the intricacies of the local rental market in the Brickell Avenue Area submarket.They also share insights from a recent Miami Condo Correction Walking Tours™, Greater Downtown Miami market data and future real estate trends in the Brickell Avenue Area.The conversation includes discussions about the impact of the Florida Condo Act, Miami-Dade County’s 40-year recertification process and the “1% Rule” of real estate.