CNBC Examines Florida's 2025 Condo Association Financial Cliff
This is a daily micropodcast about the South Florida real estate market by expert Peter Zalewski of the Miami Condo Investing Club™.
The Miami Condo Minute™ is a micropodcast about the South Florida region of Miami-Dade, Broward and Palm Beach published on weekdays.
(GREATER DOWNTOWN MIAMI - Dec. 9, 2024) In this episode of the Miami Condo Minute™ micropodcast, host Peter Zalewski - founder of the Miami Condo Investing Club™ - discusses CNBC's reports today about Florida's looming 2025 Condo Association Financial Cliff.
The network’s Senior Real Estate Correspondent Diana Olick examined what the changes in the Florida Condo Law could mean for condo associations, unit owners and prospective buyers.
Olick’s reporting also explored the financial impact of special assessments on Florida unit owners who live on a fixed income as well as strategies by developers to buy out vintage projects that are at least 30 years old.
Watch The CNBC Report
Miami Condo Minute™ Podcast Timeline:
00:00 Introduction to Miami Condo Minute™
00:21 Overview of Florida's 2025 Condo Association Financial Cliff
01:00 Implications for Condo Owners and Buyers
01:29 Special Assessments and Financial Impact
02:00 Looking Ahead to 2025
02:49 Upcoming Miami Condo Investing Club Meeting
03:17 Conclusion and Contact Information
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