Miami Condo Mondays™ features Peter Zalewski of the Miami Condo Investing Club™ and veteran broker Jenny Huertas of CVRRealty.com in a weekly deep dive into South Florida condo real estate.
Recorded in Greater Downtown Miami, the podcast delivers an hour of high-level analysis on preconstruction condos, market trends and investment strategies for the tricounty South Florida region of Miami-Dade, Broward and Palm Beach.
The show leverages more than 60 years of combined institutional knowledge as Zalewski provides the macro perspective and Huertas offers on-the-ground micro insights from her daily experience in the trenches.
The show streams live every Monday at 4 pm on the social media accounts of both hosts to provide an authoritative look at the latest shifts in the condo market.
Episode Overview
In this episode of the Miami Condo Mondays™ podcast on May 18, 2026, co-hosts Jenny Huertas of CVR Realty and Peter Zalewski of the Miami Condo Investing Club™ discuss a new report from the Condo Ratings Agency™ showing the tricounty South Florida region of Miami-Dade, Broward and Palm Beach has nearly 509,000 Vintage units that are at least 30 years old.
The report is notable as it contradicts the talking points of the sellside brokers who claim—on the eve of the five-year anniversary of the Surfside condo collapse in June 2021—that Vintage condos are a nonissue—rather than a systemic risk—as this segment represents only a sliver of South Florida’s Overall market.
In reality, the new report shows that Conventional units built since 1997 account for only 33% of the South Florida condo stock.
Vintage condos are a primary driver of rising maintenance fees, hefty special assessments and pricey insurance premiums that have led to surging expenses for condo owners.
The rising costs of condo living is prompting an increasing number of unit owners to head for the exits, a trend reflected by the first jump in unit sales in four years during the recently concluded 2025-26 South Florida Winter Buying Season of November through April.
To unload their units, cash-strapped owners have cut their prices and accepted lower offers.
We predicted this phenomenon back in June 2024 when we coined the term the Florida Condo Association Financial Cliff.
In January 2025, we called for a 40% price drop in South Florida condo prices driven by the recalibration of the industry and measured against the inflated valuations of the go-go days of 2021-23 when out-of-town buyers flooded into South Florida to work from home and not have to wear a mask during the pandemic.
During the 47-minute episode, Huertas and Zalewski review the statistics, examine the charts and provide insightful analysis about what the repercussions could be now that it has been documented that the South Florida condo market is dominated by Vintage units.
As part of the 2026 Summer Buying Season initiative to publish episodes more quickly, the podcast summary has been eliminated, meaning viewers should use the timestamped timeline and the Top 10 Takeaways to navigate the show on demand.
Episode Timeline (Excluding Opening and Closing Music)
00:00 - Introduction
01:07 - What Is A Vintage Condo
01:44 - 67% Of South Florida Market Is Vintage
02:18 - Jenny Huertas Introduction
02:44 - Building A Condo Ratings Agency™
03:02 - Surfside Collapse Five-Year Anniversary
03:47 - Special Assessment Costs
04:23 - Why Buyers Choose Vintage Condos
04:34 - Affordability Drives Vintage Demand
07:35 - Lower Maintenance Fees In Vintage Buildings
09:00 - Miami Condo Investing Club™ Overview
11:59 - Charts Pulled From State Of Florida Records
12:43 - 760,355 Total South Florida Condo Units
13:21 - Vintage Represents 67% Of Supply
16:33 - Miami-Dade County Breakdown
17:40 - Miami-Dade County Near 50/50 Split
19:08 - Broward County 77% Vintage Market
21:51 - Palm Beach County 81% Vintage Market
22:49 - County-By-County Size Comparison
26:03 - Conventional Units Built Since 1997
28:42 - Miami Condo Cliff Index™ Overview
30:38 - Vintage Units County By County
31:15 - Broward County Leads Vintage Supply
34:19 - 2025-26 Winter Buying Season Sales Overview
35:59 - South Florida Sales Up, Prices Down
37:17 - Palm Beach County Mar-a-Lago Effect
38:07 - Sellside Blind Spots On Vintage Data
38:47 - Miami Condo Cliff Index™ Charts By County
39:23 - Miami-Dade Vintage Versus Overall Index
40:35 - Vintage Index By County
41:12 - Bull Or Bear On Conventional Market
43:41 - Condo Ratings Agency™ Launching November
44:28 - Conclusion
Episode’s Top 10 Takeaways
More than two out of every three condos in South Florida are Vintage units at least 30 years old, contradicting years of industry claims that older units represent only a small slice of the market.
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