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The proposed sale of a Miami Beach condo project developed by Rishi Kapoor means buyers may lose, collectively, $10 milion in deposits.
The Florida Legislature passed condo reform legislation in a May 2022 special session as Senate Bill 4-D, addressing issues highlighted in the aftermath of the Surfside collapse. [206] It was modeled on the 40 year recertification [207] scheme. [208] The bill creates a state-wide inspection program for condo buildings taller than three stories.
The Atlantis Condominium is a landmark 20-story luxury condominium building in Miami, Florida. It was built between 1980 and 1982 and was designed by the architect Hervin Romney and architectural firm Arquitectonica. The building was exclusively represented and sold by Alicia Cervera of Cervera Real Estate. [1]
Miami-Dade had a total of 2,051 deals, down 13.2%, and Broward had 2,206 deals, down 18.9%. Growing pains for condos The month-to-month drops in condo prices are just the beginning.
Also in the month of October is the Destin Seafood Festival, where fresh seafood and local artists gather for one weekend every October. [31] [32] In addition to an assortment of hotels and motels, many high-rise condominiums are located in Destin. The first condominiums in Destin were built in the 1970s, [11] and construction continues today. [4]
A one-of-a-kind oceanfront penthouse wedged between two high rises is on the market for $5 million.. Called the “Bridge Penthouse” in the listing, this condo has 7 bedrooms and 7.5 bathrooms.
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