South Florida Built 760,000 Condos In 60 Years

In this episode of The Peter Zalewski Show™, the host charts the condo market's evolution decade by decade in the tricounty region of Miami-Dade, Broward and Palm Beach between 1963 and 2026.The weekly podcast The Peter Zalewski Show™ features interviews with South Florida business leaders focused on real estate, finance and the economy.The program - hosted by Peter Zalewski of the Miami Condo Investing Club™ - is broadcast live every Wednesday at 4 pm (Miami time) at MiamiCondo.Club and on Peter Zalewski’s social media accounts to watch the free live broadcasts.The objective of the show is to deliver straight talk, share institutional knowledge and provide data-driven analysis on the macro and micro economic forces shaping the tricounty South Florida region of Miami-Dade, Broward and Palm Beach.Episode OverviewIn the May 20, 2026, episode of The Peter Zalewski Show™ podcast, host Peter Zalewski provides a data-driven breakdown of the chronological evolution of the South Florida condo market from a development perspective between the 1960s and 2026.Beginning with the creation of the condo law in Florida in 1963, the tricounty region of Miami-Dade, Broward and Palm Beach has experienced booms and busts that have ultimately resulted in nearly 13,000 associations with more than 760,000 units, according to research from the Condo Ratings Agency™ based on state records.In the early history of South Florida’s condo market, Broward and Palm Beach counties dominated the development game, accounting for nearly 75% of the 43,000 units created in the 1960s, 72% of the nearly 245,400 units in the 1970s and about 67% of the more than 179,500 units in the 1980s.The following decade, however, Miami-Dade County emerged as the main focal point for condo development, growing its market share to about 67% of the nearly 57,500 units added between 1990 and 1999.During the go-go days of the 2000s, Miami-Dade County’s market share of new condos pulled back to 58%, but the total number of South Florida units added topped 195,000 in South Florida.In the 2010s, as the South Florida real estate market experienced a robo-signing foreclosure wave during the Great Recession, Miami-Dade County’s share of new condos grew to 81% of nearly 29,000 units during the decade.In the first half of the 2020s, Miami-Dade County represents about 71% of the more than 10,850 units delivered as of May 9, 2026, according to the report.A wave of new towers that are scheduled to be completed in the second half of the decade will dictate where the South Florida condo market goes next.Zalewski dissects these ebbs and flows of the South Florida market over the last 60 years during this 34-minute episode recorded in Greater Downtown Miami.As part of the 2026 Summer Buying Season initiative to publish episodes quickly, the podcast summary has been eliminated.Click play above to watch Zalewski’s analysis, and use the timestamped timeline and the Top 10 Takeaways below to navigate the program on demand.