Condominiums

A proposed 18-story downtown Sarasota condo tower that won city support by promising 40 below-market apartments in exchange for quadruple bonus density has stalled after developers began marketing the building as a short-term rental destination with three-day minimum stays, a use city officials say would violate local zoning rules.

South Florida's condo market cool-off continued in 2025, even as the number of sales increased as the year came to an end. Single-family homes remained in strong demand.

Average monthly fees for high-rise condo buildings in South Florida are the highest in the country outside of New York City, according to data from North America's largest property management firm. Higher insurance and labor costs are significant drivers, as is setting aside more money in reserves.

Cheaper borrowed money to buy a South Florida home and condo helped bring buyers into the market in October. The median Miami-Dade condo sold for the lowest price in more than two years.

Median condo prices in Broward and Palm Beach counties fell to their lowest level in several years in August. Single family home median prices were stable as fewer homes were on the market.

A new report confirms preliminary findings that the partial collapse of the Champlain Towers South building in 2021 likely originated from the pool deck rather than the tower itself.

Condo reforms passed after the 2021 deadly Surfside collapse were meant to enhance safety. Instead, they increased tense relationships between owners and board members, who are usually owners themselves.

They include a ban on communities adding fluoride to drinking water and prohibiting elementary and middle school students from using cellphones in schools.

Gov. Ron DeSantis said the new laws will bring relief to residents who advocated for them. But there might need to be some “clean-up” when the legislature meets next year.

On "The Florida Roundup," journalists across the Sunshine State speak about the slowdown of home and condo sales and whether another housing crash could be on our horizon.

This week on "The Florida Roundup," we looked at the residential housing market across the state with a collection of business journalists, explored the new era of collegiate athletics now that student athletes can get paid directly and more.

On "The Florida Roundup," state Rep. Vicki Lopez talks about proposals to cut property taxes and a bill she sponsored to help with condo ownership affordability.